SIG PLC Director/PDMR Shareholding
22 Marzo 2024 - 4:12AM
RNS Regulatory News
RNS Number : 9747H
SIG PLC
22 March 2024
LEI:
213800VDC1BKJEZ8PV53
22 March
2024
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
SIG plc announces that
on 21 March 2024, the following awards were
granted over the Company's Ordinary Shares of 10 pence each
("Shares") under the 2020 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 under the
RSP Awards
|
Option
Price
|
Gavin Slark
|
Chief
Executive Officer
|
2,900,742
|
£Nil
|
Ian Ashton
|
Chief
Financial Officer
|
1,415,206
|
£Nil
|
The normal vesting date for the RSP
Awards will be 21 March 2027, 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.
No consideration was paid for the
grant of the RSP Awards which are structured as nil cost
options.
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 the financial
instrument, type of instrument
Identification code
|
Ordinary shares of 10p
ISIN: GB0008025412
|
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
|
2,900,742
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
Not applicable - single
transaction
|
e)
|
Date of the transaction
|
21 March 2024
|
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 the financial
instrument, type of instrument
Identification code
|
Ordinary shares of 10p
ISIN: GB0008025412
|
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
|
1,415,206
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
Not applicable - single
transaction
|
e)
|
Date of the transaction
|
21 March 2024
|
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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