REG - SIG PLC - Director/PDMR Shareholding
04/04/2024 10:15
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240404:nRSD3334Ja&default-theme=true
RNS Number : 3334J SIG PLC 04 April 2024
LEI: 213800VDC1BKJEZ8PV53
4 April 2024
SIG plc
("SIG" or the "Company")
Notification and public disclosure of Exercise of Restricted Share Plan and
Deferred Bonus Plan Awards by Directors/Persons Discharging Managerial
Responsibilities and their Closely Associated Persons
Exercise of 2021 Restricted Share Plan ("RSP") Awards
On 2 April 2024 Ian Ashton, Chief Financial Officer, exercised nil cost
options (the "RSP Options") under the RSP to acquire 975,961 shares of 10
pence each in the capital of the Company ("Shares"). 469,520 Shares were sold
on 2 April 2024 to realise funds to settle income tax and national insurance
obligations arising on exercise of the RSP Options. The balance of 506,441
Shares were retained by him and are subject to a holding period of two years
under the Directors' Remuneration Policy.
Exercise of 2020 Deferred Bonus Plan ("DBP") Awards
In addition, on 2 April 2024 Ian Ashton, Chief Financial Officer, exercised
nil cost options (the "DBP Options") under the DBP to acquire 80,128 shares of
10 pence each in the capital of the Company ("Shares"). 37,796 Shares were
sold on 2 April 2024 to realise funds to settle income tax and national
insurance obligations arising on exercise of the DBP Options. The balance of
42,332 Shares were retained by him and are subject to a holding period of two
years under 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
Identification code
ISIN: GB0008025412
b) Nature of the transaction Exercise of share awards granted on 29 March 2021 under the SIG plc 2020
Restricted Share Plan
c) Price(s) and volume(s) Price(s) Volume(s)
GBP Nil 975,961
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 April 2024
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 0.2795 469,520
d) Aggregated information Aggregate Price Aggregate Volume Aggregate Total
- Aggregated volume
- Price
GBP 0.2795 469,520 GBP 131,231
e) Date of the transaction 2 April 2024
f) Place of the transaction London Stock Exchange, Main Market XLON
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
Identification code
ISIN: GB0008025412
b) Nature of the transaction Exercise of share awards granted on 29 March 2021 under the SIG plc 2018
Deferred Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
GBP Nil 80,128
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 April 2024
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 0.2930 37,796
d) Aggregated information Aggregate Price Aggregate Volume Aggregate Total
- Aggregated volume
- Price
GBP 0.2930 37,796 GBP 11,074
e) Date of the transaction 2 April 2024
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 DSHSSSSULELSEFLRecent news on SIG
See all newsREG - SIG PLC - Director/PDMR Shareholding
AnnouncementREG - SIG PLC - Director/PDMR Shareholding
AnnouncementREG - SIG PLC - Notice of AGM
AnnouncementREG - SIG PLC - Director/PDMR Shareholding
AnnouncementREG - SIG PLC - Director/PDMR Shareholding
Announcement