25th May 2017 14:10
25 May 2017
AIM: SGM
Sigma Capital Group plc
("Sigma" or the "Company")
Grant of Options
Sigma, the private rented sector and urban regeneration specialist announces that on the 25 May 2017 the following options over ordinary shares of 1p each in the Company ("Options") were granted to certain Directors, exercisable at 87p per share (being the closing mid-market price on 24 May 2017) between the third and tenth anniversary of grant.
Director
| Number of Options Granted
| Resultant Holding of Options |
Graham Barnet, Chief Executive Officer | 300,000 | 1,064,286 |
Graeme Hogg, Chief Operating Officer | 250,000 | 1,247,360 |
Gwynn Thomson, Property Investment Director | 132,500 | 870,595 |
Malcolm Briselden, Finance Director | 132,500 | 607,316 |
Duncan Sutherland, Regeneration Director | 72,500 | 299,360 |
Enquiries:
Sigma Capital Group plc | Graham Barnet, Chief Executive Malcolm Briselden, Finance Director
| T: 0333 999 9926 |
KTZ Communications (PR Adviser) | Katie Tzouliadis, Emma Pearson | T: 020 3178 6378 |
N+1 Singer (Nomad and Broker) | James Maxwell, Liz Yong (Corporate Finance) Michael Taylor (Corporate Broking)
| T: 020 7496 3000 |
About Sigma Capital Group plcwww.sigmacapital.co.uk
Sigma is a private rented sector, residential development, and urban regeneration specialist, with offices in Edinburgh, Manchester and London. Sigma's principal focus is on the delivery of large scale housing schemes for the private rented sector. It has a well-established track record in assisting with property-related regeneration projects in the public sector, acting as a bridge between the public and private sectors.
The Company's subsidiary, Sigma PRS Management Limited, has recently been appointed as Investment Adviser to The PRS REIT plc, a closed-ended real estate investment trust established to invest in the Private Rented Sector. The PRS REIT plc has raised £250 million gross and its shares are to be admitted to trading on the Specialist Fund Segment of the Main Market on 31 May 2017. The UK Government's Homes and Communities Agency ("HCA") has supported the launch of The PRS REIT plc with a direct investment of c. £25m.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Graham Barnet
| |||
2
| Reason for the notification | ||||
a)
| Position/status
| Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| Sigma Capital Group plc | |||
b)
| LEI
| 213800CICQ43GEU1AO02 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 1p each ("Ordinary Shares") | |||
Identification code | GB0004225073 | ||||
b)
| Nature of the transaction
| Grant of options over Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exercise price 87p per share | 300,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 25 May 2017 | |||
f)
| Place of the transaction
| Outside of trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Graeme Hogg | |||
2
| Reason for the notification | ||||
a)
| Position/status
| Chief Operating Officer | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| Sigma Capital Group plc | |||
b)
| LEI
| 213800CICQ43GEU1AO02 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 1p each ("Ordinary Shares") | |||
Identification code | GB0004225073 | ||||
b)
| Nature of the transaction
| Grant of options over Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exercise price 87p per share | 250,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 25 May 2017 | |||
f)
| Place of the transaction
| Outside of trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Gwynn Thomson
| |||
2
| Reason for the notification | ||||
a)
| Position/status
| Property Investment Director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| Sigma Capital Group plc | |||
b)
| LEI
| 213800CICQ43GEU1AO02 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 1p each ("Ordinary Shares") | |||
Identification code | GB0004225073 | ||||
b)
| Nature of the transaction
| Grant of options over Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exercise price 87p per share | 132,500 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 25 May 2017 | |||
f)
| Place of the transaction
| Outside of trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Malcolm Briselden | |||
2
| Reason for the notification | ||||
a)
| Position/status
| Finance Director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| Sigma Capital Group plc | |||
b)
| LEI
| 213800CICQ43GEU1AO02 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 1p each ("Ordinary Shares") | |||
Identification code | GB0004225073 | ||||
b)
| Nature of the transaction
| Grant of options over Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exercise price 87p per share | 132,500 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 25 May 2017 | |||
f)
| Place of the transaction
| Outside of trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Duncan Sutherland | |||
2
| Reason for the notification | ||||
a)
| Position/status
| Regeneration Director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| Sigma Capital Group plc | |||
b)
| LEI
| 213800CICQ43GEU1AO02 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 1p each ("Ordinary Shares") | |||
Identification code | GB0004225073 | ||||
b)
| Nature of the transaction
| Grant of options over Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exercise price 87p per share | 72,500 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 25 May 2017 | |||
f)
| Place of the transaction
| Outside of trading venue | |||
Related Shares:
SGM.L