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SHI Sig Plc

26.60
-0.50 (-1.85%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sig Plc LSE:SHI London Ordinary Share GB0008025412 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -1.85% 26.60 26.50 26.65 27.10 26.50 26.90 467,403 16:35:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Roofing & Siding-wholesale 2.74B 15.5M 0.0134 19.78 306.11M

SIG PLC Director/PDMR Shareholding (8186G)

08/11/2018 2:25pm

UK Regulatory


Sig (LSE:SHI)
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TIDMSHI

RNS Number : 8186G

SIG PLC

08 November 2018

8 November 2018

SIG plc

("SIG" or the "Company")

Notification and public disclosure of LTIP Awards to Directors/Persons Discharging Managerial Responsibilities and their Closely Associated Persons

LEI: 213800VDC1BKJEZ8PV53

Following shareholder approval of the SIG plc 2018 Long Term Incentive Plan ("LTIP") at the General Meeting held on 7 November 2018, SIG plc confirms that awards were granted under the terms of the LTIP to Executive Directors as set out below. The awards were granted on 8 November 2018 and will vest at the end of a three-year period depending on the achievement of performance targets (the detail of which was provided in the Notice of General Meeting), and are then subject to a further two-year holding period. The awards take the form of nil cost options, being an option under the LTIP, with a nil exercise price.

   Name                              Status                          No. of shares under award 
   Meinie Oldersma             Director                       1,494,478 

Group Chief Executive

   Nick Maddock                 Director                        960,735 

Chief Financial Officer

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                                          Meinie Oldersma 
      --------------------------------------------  ----------------------------------------------- 
 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                                Ordinary shares of 10p 
        the financial instrument, 
        type of instrument                            ISIN: GB0008025412 
        Identification 
        code 
      --------------------------------------------  ----------------------------------------------- 
 b)    Nature of the transaction                     Grant of an award under the SIG plc 2018 
                                                      Long Term Incentive Plan as a nil cost 
                                                      option over shares. Subject to performance 
                                                      criteria and continued service, normally 
                                                      vests after 3 years and subject to a 
                                                      further 2 year holding period 
      --------------------------------------------  ----------------------------------------------- 
 c)    Price(s) and volume(s)                        Price(s)                 Volume(s) 
      --------------------------------------------  -----------------------  ---------------------- 
   GBP Nil                                                                    1,494,478 
  -------------------------------------------------------------------------  ---------------------- 
 d)         Aggregated information 
              *    Aggregated volume                   Not applicable - single transaction 
 
 
              *    Price 
      --------------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction                       8 November 2018 
      --------------------------------------------  ----------------------------------------------- 
 f)    Place of the transaction                      Outside a trading venue 
      --------------------------------------------  ----------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                          Nick Maddock 
      --------------------------------------------  ----------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------------- 
 a)    Position/status                               PDMR (Chief Financial 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                                Ordinary shares of 10p 
        the financial instrument, 
        type of instrument                            ISIN: GB0008025412 
        Identification 
        code 
      --------------------------------------------  ----------------------------------------------- 
 b)    Nature of the transaction                     Grant of an award under the SIG plc 2018 
                                                      Long Term Incentive Plan as a nil cost 
                                                      option over shares. Subject to performance 
                                                      criteria and continued service, normally 
                                                      vests after 3 years and subject to a 
                                                      further 2 year holding period 
      --------------------------------------------  ----------------------------------------------- 
 c)    Price(s) and volume(s)                        Price(s)                 Volume(s) 
      --------------------------------------------  -----------------------  ---------------------- 
   GBP Nil                                                                    960,735 
  -------------------------------------------------------------------------  ---------------------- 
 d)         Aggregated information 
              *    Aggregated volume                   Not applicable - single transaction 
 
 
              *    Price 
      --------------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction                       8 November 2018 
      --------------------------------------------  ----------------------------------------------- 
 f)    Place of the transaction                      Outside a trading venue 
      --------------------------------------------  ----------------------------------------------- 
 

Enquiries:

 
 
 SIG plc 
 Richard Monro   Group Company Secretary    +44 (0) 114 285 6300 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHFSEFLAFASEEF

(END) Dow Jones Newswires

November 08, 2018 09:25 ET (14:25 GMT)

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