Director/PDMR Shareholding
SIG plc announced that Chief Financial Officer Simon Kesterton was granted a one-off recruitment restricted share award of 5,537,098 ordinary shares with an option price of £Nil. This award, approved by shareholders on 22 May 2026, vests on 22 May 2029 and is subject to a further two-year holding period post-vesting. The grant was made outside a trading venue and is structured as a nil cost option, with no consideration paid for its issuance.
Select text to share a quote on X · sign in to keep highlights & notes in your SHI notes
Notification and public disclosure of the grant of a recruitment restricted share award to Directors/Persons Discharging Managerial Responsibilities and their Closely Associated Persons
SIG plc announces that Simon Kesterton, Chief Financial Officer, has today been granted a one-off recruitment restricted share award over the Company's ordinary shares of 10 pence each ("Shares") on the terms set out in the shareholder circular dated 1 May 2026 (the "Award"). The making of the Award was approved by shareholders at the general meeting on 22 May 2026.
| Name | Status | Number of Shares under the Award | Option Price |
|---|---|---|---|
| Simon Kesterton | Chief Financial Officer | 5,537,098 | £Nil |
The vesting date for the Award is 22 May 2029. Once vested, the Award will be exercisable until the day before the tenth anniversary of the Award date. The Shares that are the subject of the Award are subject to a further two-year holding period commencing on vesting. No consideration was paid for the grant of the Award which is structured as a nil cost option.
| 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 a one-off recruitment restricted share award for nil consideration | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP Nil | 5,537,098 | ||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | |
| e) | Date of the transaction | 22 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.