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/
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 each in SIG plc

ISIN: GB0008025412

b)

Nature of the transaction

Vesting of share awards granted on 1 December 2020 under the SIG plc 2020 Restricted Share Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)


GBP Nil

1,250,000

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - single transaction

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 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 0.28725

587,564

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price

Aggregate Volume

Aggregate Total


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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