REG - Big Yellow Group PLC - Director/PDMR Shareholding

Big YellowAnnouncement

11/10/2023 11:00

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RNS Number : 7995P  Big Yellow Group PLC  11 October 2023

11 October 2023

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                                     1. Nicholas Vetch

                                              2. James Gibson

                                              3. John Trotman

                                              4. Adrian Lee
 b)  Position / status                        1. Executive Chairman

                                              2. Chief Executive Officer

                                              3. Chief Financial Officer

                                              4. Operations Director
 c)  Initial notification / amendment         Initial Notification in each case
 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                The Company announced today that it raised gross proceeds of approximately
                                              £110 million (before expenses) through a placing of 11,640,212 new ordinary
                                              shares of ten pence each in the capital of the Company (the 'Placing Shares')
                                              at a price of 945 pence per Placing Share (the "Placing").  The Placing is
                                              conditional upon, amongst other things, the Placing Shares being admitted to
                                              the premium listing segment of the Official List of the Financial Conduct
                                              Authority and to trading on the main market of the London Stock Exchange plc
                                              (together, "Admission").

                                              The Company was informed today that the Directors listed below subscribed for
                                              the below numbers of Placing Shares.

Director        Interest in shares prior to acquisition  Number of Placing Shares acquired  Total shares held beneficially  % of issued share capital held (post Admission of Placing Shares)
                                              Nicholas Vetch  6,253,404                                264,550                            6,517,954                       3.3%
                                              James Gibson    1,815,320                                31,746                             1,847,066                       0.9%
                                              John Trotman    238,788                                  2,116                              240,904                         0.1%
                                              Adrian Lee      877,135                                  3,174                              880,309                         0.4%

 

 c)  Price(s) and volume(s)

Price(s)      Volume(s)
                                              1. 945 pence  264,550
                                              2. 945 pence  31,746
                                              3. 945 pence  2,116
                                              4. 945 pence  3,174
 d)  Aggregated information

     Aggregated volume Price                  301,586 shares

                                              945 pence
 e)  Date of the transaction                  10 October 2023
 f)  Place of the transaction                 London Stock Exchange, Main Market (XLON)

 

 

c)

Price(s) and volume(s)

 

 Price(s)      Volume(s)
 1. 945 pence  264,550
 2. 945 pence  31,746
 3. 945 pence  2,116
 4. 945 pence  3,174

d)

Aggregated information

Aggregated volume Price

 

301,586 shares

945 pence

e)

Date of the transaction

10 October 2023

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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