Response to media coverage

Big Yellow Group PLC

15 October 2026

 

15 October 2026

Big Yellow Group PLC

(“Big Yellow” or “the Company”)

Response to media coverage

The Board of Big Yellow notes the recent media coverage that a shareholder, who the Company met with recently, is encouraging Big Yellow to explore a sale.

On 13 October 2025, the Big Yellow Board stated that it had “held meetings with a small number of parties in relation to a range of potential options including a potential sale of the Company”.  Subsequently on 4 December 2025, the Company received an indication from an interested party of a valuation level at which it could make a proposal.  The Board concluded that it was not at a level that reflected the full potential of the Company and discussions were therefore terminated. 

The Board and management team continue to focus on executing the Company’s clear and proven strategy. The Board is also cognisant of its fiduciary duties and continually evaluates all options for maximising shareholder value.

Enquiries:

Nicholas Vetch, Executive Chairman      01276 477811 John Hunter, Chief Executive Officer                                                                     

John Trotman, Chief Financial Officer      

Sodali & Co         020 7100 6451

Ben Foster        

Victoria Heslop

Notes to Editors 

Big Yellow is the UK’s brand leader in self storage and operates from a platform of 115 stores.  We have a pipeline of 0.8 million sq ft comprising 10 proposed self storage facilities.  The current maximum lettable area of the existing platform is 6.9 million sq ft.  When fully built out the portfolio will provide approximately 7.7 million sq ft of flexible storage space.  99% of our stores and sites by value are held freehold and long leasehold, with the remaining 1% short leasehold.  Currently by revenue 75% of our stores are in London and its commuter towns, with the balance in larger regional conurbations.

Our stores utilise state of the art technology for our digital and operating platforms including security, and we focus on locating our stores in high profile, accessible, main road locations.  We also focus on providing excellent customer service, a highly engaged employee culture, and with a significant investment in sustainability. 

 

END