SIG Regulatory News (SHI)

14 March 2017

SIG plc

Directorate change

Appointment of Group Chief Executive

SIG plc (the Company) announces that Meinie Oldersma has agreed to join SIG as Group Chief Executive from April. Mel Ewell, currently Interim Group Chief Executive, will revert back to being a Non-Executive Director of the Company. Precise dates will be announced once determined.

Leslie Van de Walle, Chairman of SIG plc, said:

"I am pleased to announce the appointment of Meinie, who will bring his considerable and relevant experience to SIG. Meinie brings over 30 years of distribution experience and a strong customer focus to SIG. He has lived and worked in a number of locations throughout Europe and has driven successful transformations of complexity and scale in a variety of organisations. He has a track record of driving sales, as well as turning around and growing businesses. Together with the recent arrival of Nick Maddock as Chief Financial Officer, this completes the recruitment of the executive team to take the business forward. We look forward to welcoming Meinie to SIG."

Notes:

Meinie Oldersma biography

Meinie Oldersma will be joining the Group from Brammer Limited, where he is currently Group Chief Executive. Before Brammer, he was CEO at 20:20 Mobile Group, and President of Ingram Micro China Group. He is non-executive Chairman of Kondor Ltd, and non-executive Director of Smallsteps BV. He has also been a Non-Executive Director of Bunzl Plc and of Metra Computer Group.

Details under Listing Rule 9.6.13 to follow.