17th Jul 2006 12:51
Big Yellow Group PLC17 July 2006 Big Yellow Group PLC 17 July 2006 For immediate release Director/PDMR shareholding/Notification of major interests in sharesNotification under Listing Rule 9.6.7, Disclosure Rule 3.1.4 and section 329 ofthe Companies Act 1985 Big Yellow Group PLC (the 'Company') announces that it was informed on Friday 14July that Philip Burks, an executive director of the Company, exercised optionson Wednesday 12 July to acquire 1,000,000 Ordinary Shares at an exercise priceof 100 pence per share. These options were granted to him under the Big YellowPLC 2000 Unapproved Share Option Scheme on 5 May 2000. The Company also announces that it was informed on Friday 14 July that PhilipBurks had disposed of the 1,000,000 shares issued to him pursuant to theexercise of the options referred to above, at 400 pence per share, on 12 July2006. His resultant beneficial holding following the above transactions remainsunchanged at 10,396,000 shares (excluding his unexercised share options),representing 9.2% of the issued share capital of the Company as enlarged by theplacing of ordinary shares announced by the Company on 12 July 2006 (the"Placing") and the exercise of his options referred to above. In addition, the Company was informed on Friday 14 July that David Ross, a non-executive director of the Company, acquired 2,500,000 ordinary shares at 400pence per share (comprising 1,500,000 shares pursuant to the Placing and the1,000,000 shares disposed of by Philip Burks). This increases his beneficialholding to 9,500,000 shares, representing 8.4% of the issued share capital ofthe Company as enlarged by the Placing and the exercise by Philip Burks of theoptions referred to above. Michael ColeCompany Secretary01276 478 701 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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