REG - SIG PLC - Director/PDMR Shareholding

SIGAnnouncement

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RNS Number : 4755B  SIG PLC  01 October 2025

LEI:
213800VDC1BKJEZ8PV53
 
1 October 2025

 

 

SIG plc

 

("SIG" or the "Company")

 

PDMR Shareholding/Appointment of director

 

Notification and public disclosure of the grant of a recruitment restricted
share award to Directors/Persons Discharging Managerial Responsibilities and
their Closely Associated Persons

 

SIG plc announces that, following its announcement of 8 July, Pim Vervaat has
today been appointed a director of the Company, Group Chief Executive Officer
and Chair designate. As also announced on 8 July, Pim has today been granted a
one-off recruitment restricted share award over the Company's Ordinary Shares
of 10 pence each ("Shares") on the terms set out in the shareholder circular
dated 5 August 2025 (the "Award"). The making of the Award was approved by
shareholders at the general meeting on 28 August.

 

 Name         Status                                          Number of Shares under the Award  Option Price
 Pim Vervaat  Chief Executive Officer and Chair designate     14,674,121                        £Nil

 

The vesting date for the Award is 1 April 2027. Once vested, the Award will be
exercisable until the day before the tenth anniversary of the Award date. The
Shares that are the subject of the Award are subject to a minimum holding
period which ends on the later of (i) the fifth anniversary of the date of
grant, and (ii) the date on which he ceases to be a director of the Company
(including as non-executive Chair). No consideration was paid for the grant of
the Award which is structured as a nil cost option.

 

In addition to the Shares that are the subject of the Award, Pim has
purchased, as beneficial owner, 2,500,000 Shares since the announcement of his
appointment on 8 July. He has committed to hold these Shares at least until
the date that the Award vests (or, if earlier, lapses).

 

This announcement and the following disclosures are made in accordance with
Article 19 of the UK Market Abuse Regulation.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Pim Vervaat
 2   Reason for the notification
 a)  Position/status                                              PDMR (Chief Executive Officer and Chair designate)
 b)  Initial notification/Amendment                               Initial notification
 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                                    Grant of a one-off recruitment restricted share award for nil consideration
 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)
                                                                  GBP Nil                                 14,674,121
 d)  Aggregated information

     -     Aggregated volume                                      Not applicable - single transaction

     -     Price
 e)  Date of the transaction                                      1 October 2025
 f)  Place of the transaction                                     Outside a trading venue

 

 

Enquiries:

 

 SIG plc
 Andrew Watkins  Group General Counsel & Company Secretary           +44 (0) 114 285 6300

 

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