REG - SigmaRoc PLC - Options Exercise & Extension of Share Options

SigmarocAnnouncement

04/01/2022 07:05

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RNS Number : 2537X  SigmaRoc PLC  04 January 2022

4 January 2022

 

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

 

SIGMAROC PLC

 ('SigmaRoc' or the 'Company')

 

Options Exercise & Issue of Equity, Extension of Share Options and PDMR
Dealing

 

SigmaRoc plc, the AIM quoted construction materials group (AIM: SRC),
announces that it has received notification from option holders to exercise
options over 330,594 new ordinary shares of 1 penny each in the share capital
of the Company (the 'New Ordinary Shares') at a price of 25 pence per share
for 26,014 New Ordinary Shares and 40 pence per share for 304,580 New Ordinary
Shares. Accordingly, the Company has today issued the New Ordinary Shares to
the option holders for an aggregate consideration of £128,335.50.

 

Application has been made for the New Ordinary Shares to be admitted to
trading on the AIM market of the London Stock Exchange plc ('Admission').
Admission is expected to occur at 8.00 a.m. on or around 7 January 2022.

 

Furthermore, the Remuneration Committee of the Board has resolved to extend
the expiry date of certain previously granted options to 30 December 2026 (the
'Extension') as set out in the table below:

 

 Option Holder  Number of Options                  Exercise Price  Previous Expiry Date  New Expiry Date
 David Barrett                52,029               0.2500          05/01/2022            30/12/2026
 Max Vermorken             104,059                 0.2500          05/01/2022            30/12/2026
 Garth Palmer   26,014                             0.2500          05/01/2022            30/12/2026
 Charles Trigg  78,044                             0.2500          05/01/2022            30/12/2026
 David Barrett  2,597,688                          0.4000          05/01/2022            30/12/2026
 Max Vermorken  5,804,537                          0.4000          05/01/2022            30/12/2026
 Garth Palmer   462,122                            0.4000          05/01/2022            30/12/2026
 Charles Trigg  3,014,298                          0.4000          05/01/2022            30/12/2026

 

 

Related Party Opinion

 

The Extension is considered a related party transaction for the purposes of
the AIM Rules. The independent directors (being Simon Chisholm, Tim Hall and
Jacques Emsens), having consulted with Strand Hanson Limited, the Company's
Nominated Adviser, consider the terms of the Extension to be fair and
reasonable insofar as the Company's shareholders are concerned.

 

Total Voting Rights

 

Following the issue of the New Ordinary Shares, the total issued share capital
of the Company will consist of 638,246,344 ordinary shares of 1 penny each
('Ordinary Shares') with voting rights. The Company does not hold any Ordinary
Shares in treasury. Therefore, the total number of voting rights in the
Company is 638,246,344 and this figure may be used by shareholders in the
Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's Disclosure and
Transparency Rules.

 

Market Abuse Regulation (MAR) Disclosure

 

This announcement is made in accordance with the UK Market Abuse Regulation
(Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).

 

PDMR Notification Forms:

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David Barrett
 2.  Reason for the Notification
 a)  Position/status                                              Executive Chairman
 b)  Initial notification/amendment                               Amendment
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         SigmaRoc plc
 b)  LEI                                                          213800Q3CJUERBGD1E44
 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 1 penny each
     Identification code                                          GB00BYX5K988
 b)  Nature of the Transaction                                    Extension of expiry date of options over Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  25 pence   52,029

                                                                  40 pence   2,597,688
 d)  Aggregated information                                       Single transaction as in 4 c) above

Price(s)   Volume(s)
     Aggregated volume Price                                      25 pence   52,029

                                                                  40 pence   2,597,688
 e)  Date of the transaction                                      4 January 2022
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume Price

Single transaction as in 4 c) above

 Price(s)   Volume(s)
 25 pence   52,029

 40 pence   2,597,688

e)

Date of the transaction

4 January 2022

f)

Place of the transaction

Outside of a trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Max Vermorken
 2.  Reason for the Notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/amendment                               Amendment
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         SigmaRoc plc
 b)  LEI                                                          213800Q3CJUERBGD1E44
 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 1 penny each
     Identification code                                          GB00BYX5K988
 b)  Nature of the Transaction                                    Extension of expiry date of options over Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  25 pence   104,059

                                                                  40 pence   5,804,537
 d)  Aggregated information                                       Single transaction as in 4 c) above

Price(s)   Volume(s)
     Aggregated volume Price                                      25 pence   104,059

                                                                  40 pence   5,804,537
 e)  Date of the transaction                                      4 January 2022
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume Price

Single transaction as in 4 c) above

 Price(s)   Volume(s)
 25 pence   104,059

 40 pence   5,804,537

e)

Date of the transaction

4 January 2022

f)

Place of the transaction

Outside of a trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Charles Trigg
 2.  Reason for the Notification
 a)  Position/status                                              Chief Technical Officer
 b)  Initial notification/amendment                               Amendment
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         SigmaRoc plc
 b)  LEI                                                          213800Q3CJUERBGD1E44
 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 1 penny each
     Identification code                                          GB00BYX5K988
 b)  Nature of the Transaction                                    Extension of expiry date of options over Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  25 pence   78,044

                                                                  40 pence   3,014,298
 d)  Aggregated information                                       Single transaction as in 4 c) above

Price(s)   Volume(s)
     Aggregated volume Price                                      25 pence   78,044

                                                                  40 pence   3,014,298
 e)  Date of the transaction                                      4 January 2022
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume Price

Single transaction as in 4 c) above

 Price(s)   Volume(s)
 25 pence   78,044

 40 pence   3,014,298

e)

Date of the transaction

4 January 2022

f)

Place of the transaction

Outside of a trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Garth Palmer
 2.  Reason for the Notification
 a)  Position/status                                              Chief Financial Officer
 b)  Initial notification/amendment                               Amendment
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         SigmaRoc plc
 b)  LEI                                                          213800Q3CJUERBGD1E44
 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 1 penny each
     Identification code                                          GB00BYX5K988
 b)  Nature of the Transaction                                    Extension of expiry date of options over Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  25 pence   26,014

                                                                  40 pence   462,122
 d)  Aggregated information                                        Single transaction as in 4 c) above

Price(s)   Volume(s)
     Aggregated volume Price                                      25 pence   26,014

                                                                  40 pence   462,122
 e)  Date of the transaction                                      4 January 2022
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume Price

 Single transaction as in 4 c) above

 Price(s)   Volume(s)
 25 pence   26,014

 40 pence   462,122

e)

Date of the transaction

4 January 2022

f)

Place of the transaction

Outside of a trading venue

 

 

 

Information on the Company is available on the its website, www.sigmaroc.com
(http://www.sigmaroc.com) .

 

 SigmaRoc plc                                             Tel: +44 (0) 207 002 1080

 Max Vermorken

 Strand Hanson Limited (Nominated and Financial Adviser)  Tel: +44(0) 207 409 3494

 James Spinney / James Dance / Rob Patrick

 Liberum Capital (Co-Broker)                              Tel: +44 (0) 203 100 2000

 Neil Patel / Jamie Richards / William Hall

 Peel Hunt (Co-Broker)                                    Tel: +44 (0) 20 7418 8900

 Mike Bell / Ed Allsopp

 Investor Relations                                       Tel: +44 (0) 207 002 1080

 Dean Masefield / Florian Werner                          ir@sigmaroc.com

 

 

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