Big Yellow Group Shareholder Urges Company's Board to Launch Strategic Review

05:30 AM EDT, 10/14/2026 (MT Newswires) -- Ancora Holdings Group is urging Big Yellow Group's (BYG.L) board to launch a comprehensive strategic review that includes seeking interest in the potential sale of the London-listed self-storage company. In a presentation released Tuesday, the asset manager, which holds more than 4% of Big Yellow, said a sale would offer shareholders the "best risk-adjusted outcome" as Big Yellow shares trade at an "unwarranted discount" of nearly 40% to net asset value. Aside from the strategic review, Ancora said that Big Yellow should also pursue divesting non-core assets, rebrand or sell the smaller Armadillo brand, optimize the portfolio for its "highest and best use," monetize the property development pipeline, and repurchase its "undervalued" shares.