Philip Burks, one of the founders of Big Yellow, is taking advantage of a recent healthy spike in the share price to trim his stake further.
Burks, who was property director at Big Yellow until 2007, sold 250,000 shares at 359p per share, raising £898,000. It is Burks' fourth sale this year and he has been steadily reducing his holding since he became a non-executive director two years ago.
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