Big Yellow Group (BYG)

Sector:

Property Investment Trusts

Index:

FTSE 250

1,064.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 1,336.00p
  • 52 Week Low: 1,003.00p
  • Currency: UK Pounds
  • Shares Issued: 196.71m
  • Volume: 608,613
  • Market Cap: £2,093.04m
  • RiskGrade: 109
  • Beta: 0.94

Big Yellow raises £110m to 'build out' store pipeline

By Michele Maatouk

Date: Wednesday 11 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Big Yellow said on Wednesday that it has raised around £110m in a placing and retail offer to "build out the group's existing pipeline of stores".
The self-storage company placed just over 11.4m shares at 945p each, with existing and new institutional investors, raising around £108.4m.

In addition, the executive directors have agreed to participate in the placing for an aggregate of 301,586 shares, representing gross proceeds of about £2.85m.

In a press release announcing the placing on Tuesday, Big Yellow said it will now press on with the construction of an initial six sites, including Farnham Road, Slough, Wapping, Wembley, Queensbury, Staines and Slough Bath Road, all of which have planning consent at an incremental cost of £90m.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BYG Market Data

Currency UK Pounds
Share Price 1,064.00p
Change Today 2.00p
% Change 0.19 %
52 Week High 1,336.00p
52 Week Low 1,003.00p
Volume 608,613
Shares Issued 196.71m
Market Cap £2,093.04m
Beta 0.94
RiskGrade 109

BYG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.71% above the market average63.71% above the market average63.71% above the market average63.71% above the market average63.71% above the market average
8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average
Price Trend
15.54% below the market average15.54% below the market average15.54% below the market average15.54% below the market average15.54% below the market average
17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average
Income
20.43% above the market average20.43% above the market average20.43% above the market average20.43% above the market average20.43% above the market average
39.13% below the sector average39.13% below the sector average39.13% below the sector average39.13% below the sector average39.13% below the sector average
Growth
36.32% above the market average36.32% above the market average36.32% above the market average36.32% above the market average36.32% above the market average
64.29% above the sector average64.29% above the sector average64.29% above the sector average64.29% above the sector average64.29% above the sector average

What The Brokers Say

Strong Buy 3
Buy 5
Neutral 9
Sell 0
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BYG Dividends

  Latest Previous
  Interim Final
Ex-Div 02-Jan-25 04-Jul-24
Paid 24-Jan-25 26-Jul-24
Amount 22.60p 22.60p

Trades for 21-Nov-2024

Time Volume / Share Price
16:35 1,112 @ 1,064.00p
16:35 187,107 @ 1,064.00p
16:35 600 @ 1,064.00p
16:35 815 @ 1,064.00p
16:35 215 @ 1,064.00p

BYG Key Personnel

CEO James Gibson
CFO John Trotman

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