Notification of Transactions of Directors/PDMR
31 March 2021
Big Yellow Group PLC
Notification of Transactions of Directors/PDMR
Big Yellow Group PLC ("Big Yellow" or "Company") was notified on 31st March 2021, that Byways Investments Ltd, a company controlled and owned by Nicholas Vetch, Executive Chairman, and his family, has entered into loan arrangements ("Loans") with J.P. Morgan Bank Luxembourg S.A ("Bank") and granted pledges in favour of the Bank over ordinary shares of 10 pence each in the Company ("Shares") as security in connection with the Loans.
Details are set out in the table below along with the Director's or his family's beneficial interests, which remain unchanged.
|
Director
|
Number of Shares pledged |
Holding of Shares |
Holding as a percentage of issued ordinary share capital |
|
Nicholas Vetch |
2,250,000 |
6,753,458 |
3.84% |
|
1. |
Details of PDMR / person closely associated with them ('PCA') |
|||||
|
a) |
Name |
Nicholas Vetch
|
||||
|
b) |
Position / status |
Executive Chairman |
||||
|
c) |
Initial notification / amendment |
Initial Notification |
||||
|
2. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; |
|||||
|
a) |
Description of the financial instrument |
Ordinary Shares of Big Yellow Group PLC (the "Company"). |
||||
|
b) |
Nature of the transaction |
Byways Investments Ltd has granted pledges in favour of J.P. Morgan Bank Luxembourg S.A over ordinary shares of 10 pence each in the Company ("Shares") as security in connection with the Loans. Following this transaction, Mr Vetch and his family's holding has remained at 6,740,387 shares, representing 3.84% of the issued share capital of the Company. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information Aggregated volume Price |
2,250,000 shares N/A |
||||
|
e) |
Date of the transaction |
31st March 2021 |
||||
|
f) |
Place of the transaction |
Outside trading venue |
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