Big Yellow Group (BYG)

Sector:

Property Investment Trusts

Index:

FTSE 250

1,142.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 1,239.00
  • 52 Week Low: 910.00
  • Currency: UK Pounds
  • Shares Issued: 196.25m
  • Volume: 768
  • Market Cap: £2,241.19m
  • RiskGrade: 109

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 1,142.00p
Change Today 10.00p
% Change 0.88 %
52 Week High 1,239.00
52 Week Low 910.00
Volume 768
Shares Issued 196.25m
Market Cap £2,241.19m
RiskGrade 109

BYG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.34% below the market average59.34% below the market average59.34% below the market average59.34% below the market average59.34% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Price Trend
5.32% below the market average5.32% below the market average5.32% below the market average5.32% below the market average5.32% below the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Income
12.99% above the market average12.99% above the market average12.99% above the market average12.99% above the market average12.99% above the market average
12% below the sector average12% below the sector average12% below the sector average12% below the sector average12% below the sector average
Growth
0.71% below the market average0.71% below the market average0.71% below the market average0.71% below the market average0.71% below the market average
35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 9
Sell 0
Strong Sell 0
Total 16
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 04-Jan-24 06-Jul-23
Paid 26-Jan-24 28-Jul-23
Amount 22.60p 22.90p

Trades for 15-May-2024

Time Volume / Share Price
08:24 373 @ 1,146.00p
08:08 1 @ 1,152.00p
08:08 1 @ 1,152.00p
08:07 30 @ 1,142.00p
08:06 4 @ 1,142.00p

BYG Key Personnel

CEO James Gibson
CFO John Trotman

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