23rd Apr 2008 11:56
SIG PLC23 April 2008 SIG plc For immediate release 23 April 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS. SIG plc announces that it has today been informed that: - (1) David Williams exercised on 23 April 2008 an option under the SIG plcLong Term Incentive Plan granted in 2005 in respect of 48,770 ordinary shares atan exercise price of NIL pence per share and an option for 2,026 shares at anexercise price of NIL pence per share under the SIG plc 2004 Deferred AnnualBonus Scheme, and that he has sold 21,177 ordinary shares at a price of 784.5pper share in order to settle the taxation liabilities arising. The exercise ofthese options was in accordance with the normal rules of the Plans. The neteffect is that his interest in the ordinary shares of the Company has increasedby 30,219 shares. Following the above transaction, the interest in the shares of the Company forDavid Williams is 104,542 ordinary shares. (2) Michael John Chivers exercised on 23 April 2008 an option under the SIGplc Long Term Incentive Plan in respect of the option granted to him in 2005totalling 17,622 ordinary shares at an exercise price of NIL pence per share,and that he has sold 15,622 ordinary shares at a price of 784.5p per share inorder to settle the taxation liabilities arising thereon and to raise some fundsfor personal reasons. The exercise of this option was in accordance with thenormal rules of the Plan. The net effect is that his interest in the ordinaryshares of the Company has increased by 2,000 shares. Following the above transaction, the interest in the shares of the Company forMichael John Chivers is 53,522 ordinary shares. (3) Gareth Wyn Davies exercised on 23 April 2008 an option under the SIG plcLong Term Incentive Plan in respect of the option granted to him in 2005totalling 19,262 ordinary shares at an exercise price of NIL pence per share,and that he has sold 7,937 ordinary shares at a price of 784.5p per share inorder to settle the taxation liabilities arising thereon. The exercise of thisoption was in accordance with the normal rules of the Plan. The net effect isthat his interest in the ordinary shares in the Company has increased by 11,325shares. Following the above transaction, the interest in the shares of the Company forGareth Wyn Davies is 66,985 ordinary shares. (4) Christopher John Davies exercised on 23 April 2008 an option under theSIG plc Long Term Incentive Plan in respect of the option granted to him in 2005totalling 8,042 ordinary shares at an exercise price of NIL pence per share, andthat he has sold 3,313 ordinary shares at a price of 784.5p per share in orderto settle the taxation liabilities arising thereon. The exercise of this optionwas in accordance with the normal rules of the Plan. The net effect is that hisinterest in the ordinary shares in the Company has increased by 4,729 shares. Following the above transaction, the interest in the shares of the Company forChristopher John Davies is 28,092 ordinary shares. Enquiries Richard Monro, Company Secretary, SIG plcTel 0114 285 6355 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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