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Big Yellow Group PLC — Director's Dealing 2014
Jul 28, 2014
4821_dirs_2014-07-28_1abbff9b-d4f2-45ce-b081-9ae19efecffc.html
Director's Dealing
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RNS Number : 4627N
Big Yellow Group PLC
28 July 2014
28 July 2014
Big Yellow Group PLC
Director/PDMR Shareholding
Big Yellow Group PLC (the 'Company') announces that on 23 July 2014 the Company's Executive Directors exercised options under the approved section of the Company's Long Term Incentive Plan as follows:
| Director | Date of Grant | Option Price paid on exercise (per share) | Date of Vesting | Date of Exercise | Total no. of Shares exercised |
No. of Shares Sold | Price sold at |
| Nicholas Vetch | 19 July 2011 | 305.1p | 19 July 2014 | 23 July 2014 | 9,832 | 9,832 | 518.0p |
| James Gibson | 19 July 2011 | 305.1p | 19 July 2014 | 23 July 2014 | 9,832 | 9,832 | 518.0p |
| Adrian Lee | 19 July 2011 | 305.1p | 19 July 2014 | 23 July 2014 | 9,832 | 9,832 | 518.0p |
| John Trotman | 19 July 2011 | 305.1p | 19 July 2014 | 23 July 2014 | 9,832 | 9,832 | 518.0p |
Prior to the sale Mr Vetch transferred 4,916 shares to his wife Catherine Vetch. Prior to the sale Mr Gibson transferred 9,832 shares to his wife Michelle Gibson. Prior to the sale Mr Lee transferred 4,916 shares to his wife Katie Fulford.
Additionally, Adrian Lee, Operations Director, on Thursday 24 July 2014 exercised an option to purchase 53,039 shares under the Company's Long Term Incentive Plan at nil pence per share. He sold these shares at an average price of 514.6p. John Trotman, Chief Financial Officer, on Thursday 24 July 2014 exercised an option to purchase 53,039 shares under the Company's Long Term Incentive Plan at nil pence per share. He then sold 25,011 shares at an average price of 514.6p in order to pay the associated PAYE and National Insurance, and also sold a further 10,000 shares at an average price of 514.6p, retaining the remaining 18,028 shares.
Following these transactions the beneficial holdings of the Executive Directors are as follows:
| Director | Shareholding | Change in holding | % holding in Company |
| Nicholas Vetch | 9,166,219 | - | 6.47% |
| James Gibson | 2,529,226 | - | 1.78% |
| Adrian Lee | 776,323 | - | 0.54% |
| John Trotman | 94,517 | 18,028 | 0.07% |
| Enquiries | |
| John Trotman, Chief Financial Officer | 01276 477 811 |
| Shauna Beavis, Company Secretary | 01276 477 811 |
This information is provided by RNS
The company news service from the London Stock Exchange
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