Director/PDMR Shareholding

RNS Number : 1249C

SIG PLC

26 April 2012

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R (1).

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

SIG plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R (1)(a); or

(ii) DR 3.1.4(R) (1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

Both (i) and (ii)

3. Name of person discharging managerial responsibilities/director

Christopher John Davies - Executive Director

Douglas Grant Robertson - Executive Director            

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identifies the connected person

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

8 State the nature of the transaction

9. Number of shares, debentures or financial instruments relating to shares acquired

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

11. Number of shares, debentures or financial instruments relating to shares disposed

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

13. Price per share or value of transaction

14. Date and place of transaction

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

16. Date issuer informed of transaction

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

26 April 2012

18. Period during which or date on which it can be exercised

Exercisable from when the Remuneration Committee determines that the performance criteria has been met on or after 26 April 2015.  Exercise Period from 26 April 2015 to 25 April 2022.

19. Total amount paid (if any) for grant of the option

NIL

20. Description of shares or debentures involved (class and number)

Christopher John Davies -                 521,235 Ordinary Shares of 10p each

Douglas Grant Robertson -               299,145 Ordinary Shares of 10p each

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

NIL

22. Total number of shares or debentures over which options held following notification

Christopher John Davies -                 1,681,680 Ordinary Shares of 10p each

Douglas Grant Robertson -                307,818 Ordinary Shares of 10p each

23. Any additional information

Grant of nil cost options under the SIG plc 2004 Long Term Incentive Plan.

24. Name of contact and telephone number for queries

Richard Monro    0114 2856355

Name and signature of duly authorised officer of issuer responsible for making notification

Michelle Ford

Date of notification

26 April 2012

 

END

 

 

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