Director/PDMR Shareholding
SIG plc has announced Restricted Share Awards (RSAs) to its new Chief Financial Officer, Simon Kesterton, effective May 1, 2026. Kesterton has been granted 6,936,736 ordinary shares with an option price of £Nil under the Long Term Incentive Plan. These RSAs are structured as nil cost options and are expected to vest on May 1, 2029, with a subsequent two-year holding period commencing upon vesting.
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Notification and public disclosure of Restricted Share Awards to Directors/Persons Discharging Managerial Responsibilities and their Closely Associated Persons
SIG plc announces that, following its announcement on 30 April 2026 of the appointment of Simon Kesterton as the Company's new Chief Financial Officer, effective from 1 May 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.
| Name | Status | Number of Shares under the Restricted Share Awards | Option Price |
|---|---|---|---|
| Simon Kesterton | Chief Financial Officer | 6,936,736 | £Nil |
The normal vesting date for the RSAs will be 1 May 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 | Simon Kesterton | |
| 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 | 6,936,736 | ||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | |
| e) | Date of the transaction | 1 May 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.