14 Jun 2017 14:24
14 June 2017
AIM: SGM
Sigma Capital Group plc
("Sigma" or the "Company")
Directors Dealings
Sigma Capital Group plc, the private rented sector ("PRS") and urban regeneration specialist, was informed on 14 June 2017 that Trudy Barnet, Graham Barnet's wife, sold 300,000 ordinary shares of one pence each ("Ordinary Shares") held through Merchant Investment SSAS, a pension scheme of which she is the sole beneficiary, on 14 June 2017, at a price of 80 pence per share.
Following this transaction, Graham Barnet's total beneficial interest in the Company (including his family interests as defined under the AIM Rules for Companies) is 6,213,237 Ordinary Shares, representing approximately 7.0% of the Company's total voting rights.
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 were 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
| Trudy Barnet
| |||
2
| Reason for the notification | ||||
a)
| Position/status
| Spouse of the 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
| Sale of ordinary shares of 1p each | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
80 pence | 300,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 14 June 2017 | |||
f)
| Place of the transaction
| London Stock Exchange | |||