SIG PLC Director/PDMR Shareholding (7964S)
March 13 2023 - 11:39AM
UK Regulatory
TIDMSHI
RNS Number : 7964S
SIG PLC
13 March 2023
13 March 2023
SIG plc
("SIG" or the "Company")
Notification and public disclosure of Restricted Share Plan
Awards to Directors/Persons Discharging Managerial Responsibilities
and their Closely Associated Persons
LEI: 213800VDC1BKJEZ8PV53
SIG plc announces that on 10 March 2023, the following awards
were granted over the Company's Ordinary Shares of 10 pence each
("Shares") under the SIG plc Restricted Share Plan ("RSP") to
certain directors / persons discharging managerial responsibility
("PDMRs") of the Company (the "RSP Awards").
Name Status Number of Shares Option Price
under the RSP Awards
Gavin Slark Chief Executive 2,112,015 GBPNil
Officer
---------------- ---------------------- -------------
Ian Ashton Chief Financial 1,030,403 GBPNil
Officer
---------------- ---------------------- -------------
The number of Shares granted under the RSP Awards has been
calculated using a price of 39.95 pence per Share being the closing
share price on 8 March 2023. No consideration was paid for the
grant of the RSP Awards which are structured as nil cost
options.
The normal vesting date for the RSP Awards will be 10 March
2026, being the third anniversary of the award date. Once vested,
the RSP Awards will normally be exercisable until the day before
the tenth anniversary of the award date. The Shares that are the
subject of the RSP Awards are subject to a further two-year holding
period commencing on vesting.
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 Gavin Slark
-------------------------------------------- ------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status PDMR (Chief Executive Officer)
-------------------------------------------- ------------------------------------------
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 Ordinary shares of 10p each in SIG plc
the financial instrument,
type of instrument ISIN: GB0008025412
Identification
code
-------------------------------------------- ------------------------------------------
b) Nature of the transaction Grant of Restricted Share Plan Awards
for nil consideration
-------------------------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------------------------- --------------------- -------------------
GBP Nil 2,112,015
----------------------------------------------------------------------- -------------------
d) Aggregated information
* Aggregated volume Not applicable - single transaction
* Price
-------------------------------------------- ------------------------------------------
e) Date of the transaction 10 March 2023
-------------------------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------- ------------------------------------------
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/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 Ordinary shares of 10p
the financial instrument,
type of instrument ISIN: GB0008025412
Identification
code
-------------------------------------------- -----------------------------------------
b) Nature of the transaction Grant of Restricted Share Plan Awards
for nil consideration
-------------------------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------------------------- -------------------- -------------------
GBP Nil 1,030,403
---------------------------------------------------------------------- -------------------
d) Aggregated information
* Aggregated volume Not applicable - single transaction
* Price
-------------------------------------------- -----------------------------------------
e) Date of the transaction 10 March 2023
-------------------------------------------- -----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------- -----------------------------------------
Enquiries:
SIG plc
Group General Counsel & Company
Andrew Watkins Secretary +44 (0) 114 285 6300
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END
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