SIG PLC Director/PDMR Shareholding (4698V)
December 01 2023 - 12:42PM
UK Regulatory
TIDMSHI
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 Ordinary shares of 10p each in SIG plc
the financial
instrument, type ISIN: GB0008025412
of instrument
Identification
code
--------------------------- -----------------------------------------------------
b) Nature of the Vesting of share awards granted on 1
transaction December 2020 under the SIG plc 2 020
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 Ordinary shares of 10p
the financial
instrument, type ISIN: GB0008025412
of instrument
Identification
code
--------------------------- -----------------------------------------------------
b) Nature of the Sale of shares
transaction
--------------------------- -----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------------------- -------------------------- -------------------------
GBP 0.28725 587,564
----------------------------------------------------------- -------------------------
d) Aggregated information Aggregate Aggregate Volume Aggregate Total
- Aggregated volume Price
- 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
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END
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