{"id":509,"date":"2021-07-06T16:22:15","date_gmt":"2021-07-06T16:22:15","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=509"},"modified":"2021-07-06T16:22:15","modified_gmt":"2021-07-06T16:22:15","slug":"big-yellow-group-completes-armadillo-acquisition-with-placing-funds","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/big-yellow-group-completes-armadillo-acquisition-with-placing-funds\/","title":{"rendered":"Big Yellow Group Completes Armadillo Acquisition with Placing Funds"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\nBig Yellow Group PLC on Thursday said it has completed its acquisition of Armadillo with funds from a recent placing.<\/p>\n<p>The Surrey, England-based self storage provider revealed plans to acquire the remaining 80% stake in Armadillo, last Wednesday.<\/p>\n<p>The purchase was funded by a placing worth GBP100 million from of 7.8 million shares, priced at 1,290 pence each, completed last Thursday.<\/p>\n<p>Big Yellow now owns 100% of Armadillo, which includes both Armadillo Storage Holding Company Ltd and Armadillo Storage Holding Company 2 Ltd.<\/p>\n<p>Big Yellow Group shares were trading down 0.4% at 1,302.00 pence each in London on Thursday afternoon.<\/p>\n<p><a href=\"https:\/\/www.morningstar.co.uk\/uk\/news\/AN_1625144322616467900\/big-yellow-group-completes-armadillo-acquisition-with-placing-funds.aspx\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Big Yellow Group PLC on Thursday said it has completed its acquisition of Armadillo with funds from a recent placing. The Surrey, England-based self storage provider revealed plans to acquire the remaining 80% stake in Armadillo, last Wednesday. The purchase was funded by a placing worth GBP100 million from of 7.8 million shares, priced at 1,290 pence each, completed last Thursday. Big Yellow now owns 100% of Armadillo, which includes both Armadillo Storage Holding Company Ltd and Armadillo Storage Holding Company 2 Ltd. Big Yellow Group shares were trading down&hellip;<\/p>\n","protected":false},"author":12,"featured_media":398,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,5],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/509"}],"collection":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/comments?post=509"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/509\/revisions"}],"predecessor-version":[{"id":510,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/509\/revisions\/510"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/398"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}