Director/PDMR Shareholding

RNS Number : 5094Q

SIG PLC

14 April 2009

 



SIG plc

14 April 2009

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons in accordance with DTR 3.1.4(1)(a)

Directors' Shareholdings following Open Offer

SIG plc ('the Company') announces that it has been advised that the Directors have taken up their rights to New Ordinary Shares under the Company's recent Open Offer which closed on 8 April 2009. Under the Open Offer, qualifying Shareholders were entitled to buy 11 New Shares at 75 pence for each 7 Existing Shares held.

The Directors' acquired the following Ordinary Shares pursuant to the Open Offer, and now have the following total holdings of Ordinary shares:

Director	No of Shares acquired in Open Offer at 75 pence	No of Shares following Open Offer	Total Percentage Holding
P H Blackburn	20,416	33,413	0.01%
M J C Borlenghi	11,363	18,599	0.003%
M J Chivers	66,667	120,346	0.02%
C J Davies	65,516	107,089	0.03%
G W Davies	66,667	155,823	0.03%
D A Haxby*	NIL	15,000	0.01%
L O Tench	53,428	87,428	0.01%

*    Mr D A Haxby held no shares in the Company at the Record Date for the Open Offer of 16 March 2009, but as has been previously announced, purchased 15,000 shares on 18 March 2009 at 101.5p per share.

Interests in Ordinary Shares under the Company's employee share plans will be adjusted in accordance with the rules of each plan to reflect the effect of the Open Offer and a further announcement will be made about the adjustments to the Executive Directors' interests in Ordinary Shares under the Long Term Incentive Plan in due course.

Richard Monro, Company Secretary    0114 2856355

 

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