REG - SIG PLC - Directorate Change

SIGAnnouncement

01/02/2023 07:00

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RNS Number : 4874O  SIG PLC  01 February 2023

LEI:
213800VDC1BKJEZ8PV53
1 February 2023

 

SIG plc
(the "Company" or "SIG")

Appointment of Gavin Slark as Group CEO

SIG announces that Gavin Slark has today been appointed Chief Executive
Officer and a Director of the Company. SIG also announces that as of today
Steve Francis has stepped down as CEO and as a Director.

 

These directorate changes follow the announcement on 8 September 2022 that,
following its successful turnaround and return to profitability, Steve Francis
would step down as CEO early in 2023. At the same time the Board also
announced that Gavin Slark had agreed to join the Company as Steve's
successor.

 

Save as set out below, there are no other disclosures required in respect of
this appointment pursuant to Listing Rule 9.6.13 (1) to (6).

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

 FTI Consulting                                                      +44 (0) 20 3727 1340
 Richard Mountain

 Peel Hunt LLP - Joint broker to SIG                                 +44 (0) 20 7418 8900
 Mike Bell / Charles Batten

 Investec Bank plc - Joint broker to SIG                             +44 (0) 20 7597 5970
 Bruce Garrow / David Anderson

 

Notes

·    Details of outstanding remuneration payments due to Steve Francis
will be disclosed on SIG's website in accordance with section 430(2B) of the
Companies Act 2006. He will not receive any payment for loss of office

 

·    Gavin Slark is currently a Non-Executive Director of Galliford Try
Holdings plc, one of the UK's leading construction groups. On 18 January 2023,
Galliford Try Holdings plc announced that he will step down as a Non-Executive
Director on 31 March 2023

 

 

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