RNS Number : 9962W
Big Yellow Group PLC
18 July 2024
 

18 July 2024

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

b)

Position / status

1. Executive Chairman

2. Chief Executive Officer

3. Chief Financial Officer

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

In each case, on 18 July 2024 the Executive Directors/PDMRs were granted nil paid options over ordinary shares of 10 pence (the "Options") granted under the Company's Long Term Investment Plan. 

The Options are exercisable from 18 July 2027 to 17 July 2034, subject to performance criteria being met.

Each of the messrs Vetch, Gibson and Trotman were granted the following Options:

1. Mr Vetch:                70,944

2. Mr Gibson:              83,241

3. Mr Trotman:            46,113

The performance conditions attributable to these Options are set out in the Remuneration Report in the Group's 31 March 2024 Annual Report.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1. £nil

70,944

2. £nil

83,241

3. £nil

46,113

d)

Aggregated information

Aggregated volume Price

200,298 shares

£nil

e)

Date of the transaction

18 July 2024

f)

Place of the transaction

Outside a trading venue

 

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