31 Jan 2018 11:37
31 January 2018
AIM: SGM
Sigma Capital Group plc
("Sigma" or "the Company")
Exercise of Options and Total Voting Rights
Sigma Capital Group plc, the private rented sector and urban regeneration specialist, announces that on 31 January 2018, Graeme Hogg and Gwynn Thompson, Chief Operating Officer and Property Investment Director of the Company respectively, exercised options over 243,500 ordinary shares of 1 pence each in the capital of the Company ("New Shares" and "Ordinary Shares"). These options were granted under the Company's approved share option scheme. Graeme Hogg exercised options over 118,500 Ordinary Shares at an exercise price of 7.5 pence per each and Gwynn Thompson exercised options over 125,000 Ordinary Shares at an exercise price of 8.0 pence each.
Following the exercise of options, Mr Hogg's total interest in the Company is 654,996 Ordinary Shares, representing 0.7 per cent. of the total voting rights of the Company and Mr Thompson's total interest in the Company, is 267,857 Ordinary Shares, representing 0.3 per cent. of the total voting rights of the Company.
Application has been made for the New Shares, which rank pari passu in all respects with the Company's existing Ordinary Shares, to be admitted to trading on AIM which is expected to occur on or around 6 February 2018.
Following the issue of the New Shares, the Company's total issued share capital will consist of 88,959,215 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, following the issue of the New Shares, the total number of voting rights in the Company will be 88,959,215. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries
Sigma Capital Group plc | Graham Barnet, Chief Executive | T: 0333 999 9926 |
Malcolm Briselden, Finance Director | ||
KTZ Communications (PR Adviser) | Katie Tzouliadis, Irene Bermont-Penn, 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 Capital Group plc 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. Its subsidiary, Sigma PRS Management Limited, is Investment Adviser to The PRS REIT plc.
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
| Graeme Hogg
| |||
2
| Reason for the notification | ||||
a)
| Position/status
| Chief Operating Officer - PDMR | |||
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
| Exercise of Options over Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
7.5 pence | 118,500 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 31 January 2018 | |||
f)
| Place of the transaction
| Off market | |||
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Gwynn Thompson
| |||
2
| Reason for the notification | ||||
a)
| Position/status
| Property Investment Director - PDMR | |||
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
| Exercise of Options over Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
8.0 pence | 125,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 31 January 2018 | |||
f)
| Place of the transaction
| Off market | |||
SGM.L (SGM)