Last checked at 7 Jun 2010 11:01
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
Gareth Wyn Davies - Executive Director
Michael John Chivers - 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
7 June 2010
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
7 June 2010
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 7 June 2013. Exercise period from 7 June 2013 to 6 June 2020.
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 - 463,772 Ordinary Shares of 10p each
Gareth Wyn Davies - 265,448 Ordinary Shares of 10p each
Michael John Chivers - 239,338 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 - 703,362 Ordinary Shares of 10p each
Gareth Wyn Davies - 411,235 Ordinary Shares of 10p each
Michael John Chivers - 350,426 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
Richard Monro
Date of notification
7 June 2010