Tax bill prompts sale by Big Yellow founder
A round-up of the biggest director deals today so far.
Self-storage group Big Yellow's co-founder and former property director Philip Burks, has sold 205,000 shares at an average price of 210p per share netting about £430,000.
Burks, now a non-executive director, still owns 7.47m shares, some 6.47% of the shares in issue, following the latest sale, which the company says was for personal tax reasons.
Big Yellow's share price has rallied in the past two months after a tough period up to Christmas last year. Occupancy fell by 3% in the three months to end September.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Value: £337,612
Value: £14,738
Value: $136,620
Value: £75,000
Value: £50,233
Value: £30,799
Value: £6,781
Value: £11,364
Value: £11,070
Value: £10,098
Value: £430,500
Value: £118,155
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
The Gulf states: a new competitor for the City's financial crown?
Bahrain and other Gulf states could eventually threaten London's financial dominance.
By Matthew Lynn Published
-
Invest in Babcock: an overlooked defence play
Defence stocks have outperformed this year, but Babcock has been left behind
By Oojal Dhanjal Published