10 July 2020
SIG plc
( " SIG " or the " Company " )
Notification of Transactions of Persons Discharging Managerial Responsibilities
The Company has been notified that the following Persons Discharging Managerial Responsibilities ("PDMRs") have subscribed for New Ordinary Shares pursuant to the Directors and Senior Management Subscription announced on 19 June 2020 and, following Admission on 10 July 2020, have had the shares issued to them. The attached notifications, made in accordance with the requirements of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse, give further detail.
Unless otherwise defined, the terms used in this announcement shall have the same meaning as set out in the combined circular and prospectus dated 19 June 2020 published in connection with the Capital Raise (the "Prospectus"). A copy of the Prospectus is available for inspection at www.sigplc.com/investors .
1 |
Details of the person discharging managerial responsibilities/person closely associated
|
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a) |
Name |
Andrew Allner
|
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|
Reason for the notification
|
|||||
a) |
Position/status |
Chairman
|
||||
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
ISIN - GB0008025412
|
||||
b) |
Nature of the transaction |
Purchase of 146,046 shares in the Directors and Senior Management Subscription
|
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
146,046
30p
|
||||
e) |
Date of the transaction |
10 July 2020
|
||||
f) |
Place of the transaction |
Outside a trading venue
|
1 |
Details of the person discharging managerial responsibilities/person closely associated
|
|||||
a) |
Name |
Alan Lovell
|
||||
|
Reason for the notification
|
|||||
a) |
Position/status |
Non-Executive Director
|
||||
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
ISIN - GB0008025412
|
||||
b) |
Nature of the transaction |
Purchase of 150,000 shares in the Directors and Senior Management Subscription
|
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
150,000
30p
|
||||
e) |
Date of the transaction |
10 July 2020
|
||||
f) |
Place of the transaction |
Outside a trading venue
|
1 |
Details of the person discharging managerial responsibilities/person closely associated
|
|||||
a) |
Name |
Steve Francis
|
||||
|
Reason for the notification
|
|||||
a) |
Position/status |
Chief Executive 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
ISIN - GB0008025412
|
||||
b) |
Nature of the transaction |
Purchase of 500,000 shares in the Directors and Senior Management Subscription
|
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
500,000
30p
|
||||
e) |
Date of the transaction |
10 July 2020
|
||||
f) |
Place of the transaction |
Outside a trading venue
|
1 |
Details of the person discharging managerial responsibilities/person closely associated
|
|||||
a) |
Name |
Kath Kearney-Croft
|
||||
|
Reason for the notification
|
|||||
a) |
Position/status |
Director
|
||||
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
ISIN - GB0008025412
|
||||
b) |
Nature of the transaction |
Purchase of 66,666 shares in the Directors and Senior Management Subscription
|
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
66,666
30p
|
||||
e) |
Date of the transaction |
10 July 2020
|
||||
f) |
Place of the transaction |
Outside a trading venue
|
1 |
Details of the person discharging managerial responsibilities/person closely associated
|
|||||
a) |
Name |
Ian Ashton
|
||||
|
Reason for the notification
|
|||||
a) |
Position/status |
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
ISIN - GB0008025412
|
||||
b) |
Nature of the transaction |
Purchase of 166,666 shares in the Directors and Senior Management Subscription
|
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
166,666
30p
|
||||
e) |
Date of the transaction |
10 July 2020
|
||||
f) |
Place of the transaction |
Outside a trading venue
|
1 |
Details of the person discharging managerial responsibilities/person closely associated
|
|||||
a) |
Name |
Simon King
|
||||
|
Reason for the notification
|
|||||
a) |
Position/status |
Non-Executive Director
|
||||
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
ISIN - GB0008025412
|
||||
b) |
Nature of the transaction |
Purchase of 166,666 shares in the Directors and Senior Management Subscription
|
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
166,666
30p
|
||||
e) |
Date of the transaction |
10 July 2020
|
||||
f) |
Place of the transaction |
Outside a trading venue
|
LEI: 213800VDC1BKJEZ8PV53
Enquiries
|
|
SIG plc |
|
Andrew Allner, Chairman |
+44 (0) 114 285 6300 |
Steve Francis, Chief Executive Officer |
+44 (0) 114 285 6300 |
Ian Ashton, Chief Financial Officer |
+44 (0) 114 285 6300 |
|
|
FTI Consulting |
|
Richard Mountain / Susanne Yule |
+44 ( 0) 20 3727 1340 |