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 for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
UK-US trade deal announced: US cuts tariffs on UK car imports to 10%
Keir Starmer and Donald Trump have announced a UK-US trade deal, but the US president has refused to lift baseline tariffs on most UK goods. What does it mean for the UK?
-
How to use mid-caps to diversify from the US
Medium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.