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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

END

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