12 April 2021
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 announced at 12:51 on 12 April 2021 that it was notified on 9 April 2021 that its Chief Executive Officer, Steve Francis, had transferred a total of 307,257 ordinary shares in the capital of the Company to his spouse, including to his spouse's ISA. This was incorrect. The correct number of shares transferred from Steve Francis to his spouse was 258,000. Mrs Francis then transferred 49,257 ordinary shares to her ISA.
Following these transactions, Mr Francis' beneficial interest remains unchanged and he has a beneficial interest in a total of 815,769 ordinary shares in the capital of the Company, representing 0.069% of the Company's issued share capital.
This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Steve Francis | |
| 2 | Reason for the notification | ||
| a) | Position/status | PDMR (Chief Executive Officer) | |
| b) | Initial notification/Amendment | This is an 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 | Transfer of shares to spouse | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | GBP Nil | 258,000 |
| d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | |
| e) | Date of the transaction | 08 April 2021 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Claire Francis | |
| 2 | Reason for the notification | ||
| a) | Position/status | Person closely associated with PDMR, Chief Executive Officer Steve Francis | |
| b) | Initial notification/Amendment | This is an 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 the financial instrument, type of instrument Identification code | Ordinary shares of 10p
ISIN: GB0008025412 | |
| b) | Nature of the transaction | Sale of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | GBP 0.402 | 49,257 |
| d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | |
| e) | Date of the transaction | 09 April 2021 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Claire Francis | |
| 2 | Reason for the notification | ||
| a) | Position/status | Person closely associated with PDMR, Chief Executive Officer Steve Francis | |
| b) | Initial notification/Amendment | This is an 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 the financial instrument, type of instrument Identification code | Ordinary shares of 10p
ISIN: GB0008025412 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | GBP 0.402 | 49,257 |
| d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | |
| e) | Date of the transaction | 09 April 2021 | |
| f) | Place of the transaction | XLON | |
Enquiries:
| | | |
| SIG plc | | |
| Andrew Watkins | Group General Counsel & Company Secretary | +44 (0) 114 285 6300 |
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