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On 7 June 2024, Big Yellow Group PLC announced that Chairman Nicholas Vetch and Chief Executive Officer James Gibson exercised share options under the Company's Deferred Bonus Share Plan. Mr. Vetch exercised 51,210 shares and Mr. Gibson 57,557 shares, both at nil pence, then sold all these shares on the London Stock Exchange at an average price of 1241.42 pence per share. Following these transactions, their beneficial holdings remain at 6,520,548 ordinary shares (3.32%) for Mr. Vetch and 1,848,062 ordinary shares (0.94%) for Mr. Gibson.
| Date | 7 Jun 2024 |
| Time | 16:56:23 |
| Category | Miscellaneous |
| ID | 6848R |
7 June 2024
Big Yellow Group PLC
Director/PDMR Shareholding
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them.
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1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
1) Nicholas Vetch 2) James Gibson |
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b) |
Position / status |
1) Chairman 2) Chief Executive Officer |
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c) |
Initial notification / amendment |
Initial Notification |
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2. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; |
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a) |
Description of the financial instrument |
Ordinary Shares of Big Yellow Group PLC (the "Company"). |
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b) |
Nature of the transaction |
1) Mr Vetch exercised share options over ordinary shares of 10 pence (the "Options") granted under the Company's Deferred Bonus Share Plan.
On 7 June 2024, Mr Vetch exercised an option to purchase 51,210 shares under the Deferred Bonus Share Plan at a price of nil pence per share. He then sold 51,210 shares at an average price of 1241.42 pence per share.
Following this transaction, Mr Vetch and his family's beneficial holding remains at 6,520,548 ordinary shares, representing 3.32% of the Company's issued share capital.
2) Mr Gibson exercised share options over ordinary shares of 10 pence (the "Options") granted under the Company's Deferred Bonus Share Plan.
On 7 June 2024, Mr Gibson exercised an option to purchase 57,557 shares under the Deferred Bonus Share Plan at a price of nil pence per share. He then sold 57,557 shares at an average price of 1241.42 pence per share.
Following this transaction, Mr Gibson and his family's beneficial holding remains at 1,848,062 ordinary shares, representing 0.94% of the Company's issued share capital. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
108,767 shares 1241.42 pence |
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e) |
Date of the transaction |
7 June 2024 |
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f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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