REG - SIG PLC - Director/PDMR Shareholding

SIGAnnouncement

01/12/2023 17:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231201:nRSA4698Va&default-theme=true

RNS Number : 4698V  SIG PLC  01 December 2023

LEI: 213800VDC1BKJEZ8PV53
 
1 December 2023

 
 

SIG plc

("SIG" or the "Company")

Notification and public disclosure of Exercise of Restricted Share Plan Awards
by Directors/Persons Discharging Managerial Responsibilities and their Closely
Associated Persons

Exercise of 2020 Restricted Share Plan ("RSP") Awards

SIG plc announces that on 1 December 2023 Ian Ashton, Chief Financial Officer,
exercised nil cost options (the Options) under the RSP to acquire 1,250,000
shares of 10 pence each in the capital of the Company (Shares). 587,564 Shares
were sold on 1 December 2023 to realise funds to settle income tax and
national insurance obligations arising on exercise of the Options. The balance
of 662,436 Shares were retained by him and are subject to a holding period of
two years under the RSP rules and the Directors' Remuneration Policy.

This announcement and the following disclosures are made in accordance with
the UK Market Abuse Regulation.

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Ian Ashton
 2   Reason for the notification
 a)  Position/status                                              PDMR (Chief Financial Officer)
 b)  Initial notification/                                        Initial notification

Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         SIG plc
 b)  LEI                                                          213800VDC1BKJEZ8PV53
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 10p each in SIG plc

     Identification code

                                                                  ISIN:  GB0008025412

 b)  Nature of the transaction                                    Vesting of share awards granted on 1 December 2020 under the SIG plc 2020
                                                                  Restricted Share Plan
 c)  Price(s) and volume(s)                                       Price(s)                              Volume(s)
                                                                  GBP Nil                              1,250,000
 d)  Aggregated information                                        Not applicable - single transaction

     -      Aggregated volume

     -       Price
 e)  Date of the transaction                                      1 December 2023
 f)  Place of the transaction                                     Outside a trading venue
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 10p

     Identification code

                                                                  ISIN:  GB0008025412

 b)  Nature of the transaction                                    Sale of shares
 c)  Price(s) and volume(s)                                       Price(s)                                               Volume(s)
                                                                  GBP 0.28725                                            587,564
 d)  Aggregated information                                        Aggregate Price   Aggregate Volume                                      Aggregate Total

     -      Aggregated volume

     -       Price
                                                                  GBP 0.28725        587,564                                               GBP 168,777.76
 e)  Date of the transaction                                      1 December 2023
 f)  Place of the transaction                                     London Stock Exchange, Main Market XLON

 

 

Enquiries

SIG plc

Andrew Watkins, Group General Counsel & Company
Secretary                               +44 (0)
0114 285 6300

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFSSFWFEDSELE