Form 8 (OPD) Big Yellow Group plc

  • 27 October 2025 10:04:08
  • Source: Sharecast
RNS Number : 9456E
Big Yellow Group PLC
27 October 2025
 

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Full name of discloser:

Big Yellow Group PLC

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.

N/A

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

Big Yellow Group PLC

(d) Is the discloser the offeror or the offeree?

OFFEREE

(e) Date position held:

     The latest practicable date prior to the disclosure

27 October 2025

(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

     If it is a cash offer or possible cash offer, state "N/A"

N/A

 

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 

Class of relevant security:

 

Ordinary shares of 10 pence

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

NIL

-

NIL

-

(2) Cash-settled derivatives:

 

NIL

-

NIL

-

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

NIL

-

NIL

-

 

     TOTAL:

NIL

-

NIL

-

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

(b)        Rights to subscribe for new securities

 

Class of relevant security in relation to which subscription right exists:

N/A

Details, including nature of the rights concerned and relevant percentages:

N/A

 

 

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

 

(a)  Interests in Big Yellow Group PLC held by the directors of Big Yellow Group PLC and their close relatives and related trusts

 

Name

No. of ordinary shares

Percentage of total issued share capital (excl. share options) (1)  

Nicholas Vetch CBE

6,337,780

3.22%

James Gibson

1,848,060

0.94%

John Trotman

242,896

0.12%

Vince Niblett

3,000

0.00%

Michael O'Donnell

9,000

0.00%

 

(1) The total number of ordinary shares in issue as at the date of this document is 196,767,698 ordinary shares of 10 pence each with voting rights. Percentage holdings are rounded down to two decimal places.

 

(b)  Interests in Big Yellow Group PLC held as options or awards under the share plans of Big Yellow Group PLC by the directors of Big Yellow Group PLC and their close relatives and related trusts who are not exempt principal traders for the purposes of Rule 8 of the Code

 

Name

Share plan

No. of shares under options / awards

Date of grant

Vesting date

Lapse date

Exercise price per share (£)

Nicholas Vetch CBE

Big Yellow Group PLC Long Term Investment Plan ("LTIP")

35,099

5 August 2020

5 August 2023

4 August 2030

NIL

LTIP

27,617

22 July 2021

22 July 2024

21 July 2031

NIL

Big Yellow Group PLC Deferred Bonus Share Plan ("DBSP")

34,442

8 June 2022

8 June 2025

7 June 2032

NIL

LTIP

11,621

21 July 2022

21 July 2025

20 July 2032

NIL

Big Yellow Group PLC Savings Related Share Option Plan ("SAYE")

1,697

8 August 2022

8 August 2025

8 February 2026

£10.60

DBSP

41,216

20 July 2023

20 July 2026

19 July 2033

NIL

LTIP

78,243

20 July 2023

20 July 2026

19 July 2033

NIL

DBSP

23,658

21 May 2024

21 May 2027

20 May 2034

NIL

LTIP

70,944

18 July 2024

18 July 2027

17 July 2034

NIL

DBSP

28,632

27 May 2025

27 May 2028

26 May 2035

NIL

LTIP

95,501

1 August 2025

1 August 2028

31 July 2035

NIL

James Gibson

LTIP

41,183

5 August 2020

5 August 2023

4 August 2030

NIL

LTIP

32,404

22 July 2021

22 July 2024

21 July 2031

NIL

DBSP

40,412

8 June 2022

8 June 2025

7 June 2032

NIL

LTIP

13,635

21 July 2022

21 July 2025

20 July 2032

NIL

SAYE

848

8 August 2022

8 August 2025

8 February 2026

£10.60

DBSP

48,360

20 July 2023

20 July 2026

19 July 2033

NIL

LTIP

91,805

20 July 2023

20 July 2026

19 July 2033

NIL

DBSP

27,759

21 May 2024

21 May 2027

20 May 2034

NIL

LTIP

83,241

18 July 2024

18 July 2027

17 July 2034

NIL

DBSP

33,594

27 May 2025

27 May 2028

26 May 2035

NIL

LTIP

112,053

1 August 2025

1 August 2028

31 July 2035

NIL

John Trotman

DBSP

25,190

23 May 2019

23 May 2022

22 May 2029

NIL

DBSP

17,735

15 June 2020

15 June 2023

14 June 2030

NIL

LTIP

30,419

5 August 2020

5 August 2023

4 August 2030

NIL

DBSP

27,329

22 July 2021

22 July 2024

21 July 2031

NIL

LTIP

23,935

22 July 2021

22 July 2024

21 July 2031

NIL

DBSP

29,850

8 June 2022

8 June 2025

7 June 2032

NIL

LTIP

7,554

21 July 2022

21 July 2025

20 July 2032

NIL

DBSP

35,719

20 July 2023

20 July 2026

19 July 2033

NIL

LTIP

50,857

20 July 2023

20 July 2026

19 July 2033

NIL

DBSP

20,503

21 May 2024

21 May 2027

20 May 2034

NIL

SAYE

1,962

10 July 2024

1 September 2027

1 March 2028

£9.45

LTIP

46,113

18 July 2024

18 July 2027

17 July 2034

NIL

DBSP

24,814

27 May 2025

27 May 2028

26 May 2035

NIL

LTIP

62,077

1 August 2025

1 August 2028

31 July 2035

NIL

John Hunter

 

LTIP

44,337

18 July 2024

18 July 2027

17 July 2034

NIL

SAYE

2,289

9 July 2025

1 September 2028

1 March 2029

£8.02

LTIP

62,077

1 August 2025

1 August 2028

31 July 2035

NIL

 

(d)  Interests in Big Yellow Group PLC held by other concert parties of Big Yellow Group PLC

 

Name

No. of ordinary shares

Percentage of total issued share capital (excl. share options) (1)  

The Penare Fund (2) 

221,500

0.11%

 

(2) An open-ended investment company wholly owned by Byways Investments Ltd, itself a company in which Nicholas Vetch CBE holds a controlling interest.

 

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

4.         OTHER INFORMATION

 

(a)        Indemnity and other dealing arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

 

NONE

 

 

(b)        Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i)  the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

 

NONE

 

 

(c)        Attachments

 

Are any Supplemental Forms attached?

 

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

 

 

Date of disclosure:

27 October 2025

Contact name:

Shauna Beavis, Company Secretary

Telephone number:

01276 477811

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

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