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Big Yellow Group PLC (BYG)

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Wednesday 06 March, 2019

Big Yellow Group PLC

Director/PDMR Shareholding

RNS Number : 0505S
Big Yellow Group PLC
06 March 2019
 

6 March 2019

Big Yellow Group PLC

Director/PDMR Shareholding

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them.

 

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;
(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Ordinary Shares of Big Yellow Group PLC (the "Company").

b)

Nature of the transaction

On 5 March 2019, Byways Investments Limited, a company beneficially owned by Mr Vetch's children disposed of 166,236 ordinary shares of the Company at an average price of 987.73 pence per share.  On the same day, Mr Vetch and his wife disposed of 324,593 ordinary shares of the Company at an average price of 987.73 pence per share.

Following this transaction, Mr Vetch and his family's beneficial holding is 7,530,351 ordinary shares, representing 4.52% of the Company's issued share capital.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

987.73 pence

490,829

d)

Aggregated information

Aggregated volume Price

490,829 shares

987.73 pence

e)

Date of the transaction

5 March 2019

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


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