Director/PDMR Shareholding
SIG plc announced on March 12, 2026, that its Chief Financial Officer, Ian Ashton, was granted 5,516,288 Restricted Share Awards (RSAs) under the Long Term Incentive Plan. These RSAs are nil cost options and will normally vest on March 12, 2029, with a subsequent two-year holding period commencing upon vesting. The shares are subject to normal exercisability until the day before the tenth anniversary of the award date.
Select text to share a quote on X · sign in to keep highlights & notes in your SHI notes
Notification and public disclosure of Restricted Share Awards to Directors/Persons Discharging Managerial Responsibilities and their Closely Associated Persons
SIG plc announces that on 12 March 2026, the following Restricted Share Awards ("RSAs") were granted over the Company's Ordinary Shares of 10 pence each ("Shares") under the SIG plc Long Term Incentive Plan, which was previously called the SIG plc Restricted Share Plan, ("LTIP") to certain directors / persons discharging managerial responsibility ("PDMRs") of the Company.
| Name | Status | Number of Shares under the Restricted Share Awards | Option Price |
|---|---|---|---|
| Ian Ashton | Chief Financial Officer | 5,516,288 | £Nil |
The normal vesting date for the RSAs will be 12 March 2029, being the third anniversary of the award date. Once vested, the RSAs will normally be exercisable until the day before the tenth anniversary of the award date. The Shares that are the subject of the RSAs are subject to a further two-year holding period commencing on vesting.
No consideration was paid for the grant of the RSAs which are structured as nil cost options.
| 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 | |
| a) | Name | SIG plc | |
| b) | LEI | 213800VDC1BKJEZ8PV53 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 10p ISIN: GB0008025412 | |
| b) | Nature of the transaction | Grant of Restricted Share Awards for nil consideration | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP Nil | 5,516,288 | ||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | |
| e) | Date of the transaction | 12 March 2026 | |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.