Director/PDMR Shareholding

RNS Number : 3935Z

Safestore Holdings plc

05 February 2014

 



FOR IMMEDIATE RELEASE

                                                                                                                            5 February 2014

Safestore Holdings plc

Director/PDMR Shareholding

This notification is made in accordance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4.

On 4^th February 2014, the following awards ("Awards") over ordinary shares in the Company were made under the Safestore 2009 Performance Share Plan (the "Plan") to Directors of the Company and other Persons Discharging Managerial Responsibility (together "PDMRs"):

Name of Director/PDMR	Number of shares under the Award
Frederic Vecchioli	186,856
Andy Jones	155,928

A further six senior managers and executives employed by the company and its subsidiaries have been granted awards over a total of 334,962 shares.

No consideration was paid for the grant of an Award which is structured as an option with a nil exercise price.  The vesting of an Award is ordinarily subject to continued employment of the participant and the satisfaction of performance conditions over a three year performance period set by the Remuneration Committee of the Company.

The Company was informed of the above transactions relating to Awards on 4^th February 2014.

For and on behalf of Safestore Holdings plc

Sam Ahmed (Company Secretary)

Date: 5 February 2014

About Safestore:

·	Safestore is the UK's largest self storage group with 134 stores. They include 97 wholly owned stores in the UK and 25 wholly owned stores in the Paris region together with 12 stores under management in the UK.
·	The Company provides storage to more than 46,500 personal and business customers.
·	Safestore (excluding Space Maker) has a maximum lettable area ("MLA") of 5.08 million sq ft (including the expansion pipeline stores) of which 3.32 million sq ft is currently occupied.
·	Safestore employs around 550 people.

 

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