SIG PLC Director/PDMR Shareholding (8186G)
09 November 2018 - 1:25AM
UK Regulatory
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
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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