Big Yellow Group PLC Director/PDMR Shareholding (7951I)
24 March 2018 - 12:12AM
UK Regulatory
TIDMBYG
RNS Number : 7951I
Big Yellow Group PLC
23 March 2018
23 March 2018
Big Yellow Group PLC
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Persons Closely Associated with
them.
Big Yellow Group PLC ("Big Yellow" or "Company") was notified on
23 March 2018, Nicholas Vetch, Executive Chairman, and his wife
Catherine, have entered into individual personal loan arrangements
("Loans") with J.P. Morgan International Bank Limited ("Bank") and
granted pledges in favour of the Bank over ordinary shares of 10
pence each in the Company ("Shares") as security in connection with
the Loans.
Details are set out in the table below along with the Director's
beneficial interests, which remain unchanged.
Director Number of Holding of Holding as a percentage
Shares pledged Shares of issued ordinary
share capital
Nicholas
Vetch 700,000 9,059,881 5.73%
1. Details of PDMR / person closely associated
with them ('PCA')
--- -------------------------------------------------------------
a) Name Nicholas Vetch
--- --------------------- --------------------------------------
b) Position / Executive Chairman
status
--- --------------------- --------------------------------------
c) Initial notification Initial Notification
/ amendment
--- --------------------- --------------------------------------
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 Ordinary Shares of Big Yellow
of the financial Group PLC (the "Company").
instrument
--- --------------------- --------------------------------------
b) Nature of Mr Vetch and his wife Catherine
the transaction have granted pledges in favour
of J.P. Morgan International
Bank Limited over ordinary shares
of 10 pence each in the Company
("Shares") as security in connection
with the Loans.
Following this transaction,
Mr Vetch's holding has remained
at 9,059,881 shares, representing
5.73% of the issued share capital
of the Company.
--- --------------------- --------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
N/A 700,000
---------- ----------
--- --------------------- --------------------------------------
d) Aggregated 700,000 shares
information N/A
Aggregated
volume Price
--- --------------------- --------------------------------------
e) Date of the 23 March 2018
transaction
--- --------------------- --------------------------------------
f) Place of the Outside trading venue
transaction
--- --------------------- --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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