SGM.L

Sigma Capital Group Plc
Sigma Capital Group - Exercise of Options and Total Voting Rights
5th August 2021, 13:51
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RNS Number : 7459H
Sigma Capital Group PLC
05 August 2021
 

5 August 2021

SIGMA CAPITAL GROUP PLC

("Sigma" or "the Company")

Exercise of Options and Total Voting Rights

Sigma, the Private Rental Sector ("PRS"), residential development and urban regeneration specialist, announces that:

·      879,020 ordinary shares of 1 pence each in the capital of the Company were issued today as a result of the exercise of share options under the Company's approved share option scheme on a "cashless exercise" basis by optionholders including Graham Barnet (114,285 shares), Gwynn Thomson (38,095 shares), Duncan Sutherland (57,360 shares),  Michael McGill (36,585 shares), Malcolm Briselden (74,816 shares) and Michael Scott (32,085 shares), who are PDMRs of the Company;

·      3,902,437 ordinary shares of 1 pence each in the capital of the Company were issued today as a result of the exercise of share options under the Company's unapproved share option scheme on a "cashless exercise" basis by optionholders including Graham Barnet (1,150,001 shares), Gwynn Thomson (657,500 shares), Duncan Sutherland (172,500 shares), Michael McGill (213,415 shares), Malcolm Briselden (557,500 shares) and Michael Scott (275,000 shares) who are PDMRs of the Company; and

·      1,000,000 ordinary shares of 1 pence each in the capital of the Company were issued today as a result of the exercise of share options under the Company's unapproved share option award on a "cashless exercise" basis by Ian Sutcliffe, Non-Executive Chairman and a PDMR of the Company.

Following such exercise, the revised interests of the relevant Sigma Directors in the Ordinary Share capital of the Company are as follows:

Sigma Director

Number of shares held

% of issued share capital

Graham Barnet

7,447,523

7.8%

Gwynn Thomson

1,088,452

1.1%

Duncan Sutherland

494,659

0.5%

Michael McGill

281,000

0.3%

Ian Sutcliffe

2,000,000

2.1%

 

The above ordinary shares (the "New Ordinary Shares") rank pari passu in all respects with the Company's existing Ordinary Shares.  Application has been made for the New Ordinary Shares to be admitted to trading on AIM which is expected to occur at 8.00 a.m. on 9 August 2021.

Following the issue of the New Ordinary Shares, the Company's total issued share capital will consist of 95,559,623 Sigma Shares with one voting right per share. The Company does not hold any shares in treasury. Therefore, following the issue of the shares, the total number of voting rights in the Company will be 95,559,623. 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.

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Ian Sutcliffe

2

 

Reason for the notification

a)

 

Position/status

Non-Executive Chairman (PDMR)

 

 

Initial notification /Amendment

Initial notification

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



Identification code

ISIN: GB0004225073



b)

 

Nature of the transaction

 

Exercise of options

c)

 

Price(s) and volume(s)







Exercise Price(s)

Volume(s)

86p

1,000,000





d)

 

Aggregated information

N/A - Single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

5 August 2021

f)

 

Place of the transaction

 

Off market

 

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 (PDMR)

 

 

Initial notification /Amendment

Initial notification

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



Identification code

ISIN: GB0004225073



b)

 

Nature of the transaction

 

Exercise of options

c)

 

Price(s) and volume(s)







Exercise Price(s)

Volume(s)

26.25p

114,285

26.25

1

68p

250,000

93.5p

400,000

87p

300,000

82p

200,000



d)

 

Aggregated information




- Aggregated volume

1,264,286



- Price

79.02p



e)

 

Date of the transaction

 

5 August 2021

f)

 

Place of the transaction

 

Off market

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Michael McGill

2

 

Reason for the notification

a)

 

Position/status

Chief Financial Officer (PDMR)

 

 

Initial notification /Amendment

Initial notification

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



Identification code

ISIN: GB0004225073



b)

 

Nature of the transaction

Exercise of options 

c)

 

Price(s) and volume(s)







Exercise Price(s)

Volume(s)

82p

36,585

82p

213,415



d)

 

Aggregated information




- Aggregated volume

250,000



- Price

82.0p



e)

 

Date of the transaction

 

5 August 2021

f)

 

Place of the transaction

 

Off market

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Duncan Sutherland

2

 

Reason for the notification

a)

 

Position/status

Public Affairs Director (PDMR)

 

 

Initial notification /Amendment

Initial notification

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



Identification code

ISIN: GB0004225073



b)

 

Nature of the transaction

 

Exercise of options

c)

 

Price(s) and volume(s)







Exercise Price(s)

Volume(s)

26.25p

42,857

68p

14,503

68p

50,000

87p

72,500

82p

50,000



d)

 

Aggregated information




- Aggregated volume

229,860



- Price

69.25p



e)

 

Date of the transaction

 

5 August 2021

f)

 

Place of the transaction

 

Off market

 

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 Director (PDMR)

 

 

Initial notification /Amendment

Initial notification

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



Identification code

ISIN: GB0004225073



b)

 

Nature of the transaction

 

Exercise of options 

c)

 

Price(s) and volume(s)







Exercise Price(s)

Volume(s)

26.25p

38,095

68p

200,000

93.5p

250,000

87p

132,500

82p

75,000



d)

 

Aggregated information




- Aggregated volume

695,595



- Price

80.01p



e)

 

Date of the transaction

 

5 August 2021

f)

 

Place of the transaction

 

Off market

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Michael Scott

2

 

Reason for the notification

a)

 

Position/status

Group Legal Counsel (PDMR)

 

 

Initial notification /Amendment

Initial notification

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



Identification code

ISIN: GB0004225073



b)

 

Nature of the transaction

 

Exercise of options

c)

 

Price(s) and volume(s)







Exercise Price(s)

Volume(s)

93.5p

32,085

87p

200,000

92p

25,000

82p

50,000



d)

 

Aggregated information




- Aggregated volume

307,085



- Price

87.27p



e)

 

Date of the transaction

 

5 August 2021

f)

 

Place of the transaction

 

Off market

 

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 (PDMR)

 

 

Initial notification /Amendment

Initial notification

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



Identification code

ISIN: GB0004225073



b)

 

Nature of the transaction

 

Exercise of options

c)

 

Price(s) and volume(s)







Exercise Price(s)

Volume(s)

26.25p

50,000

68p

24,816

68p

150,000

93.5

250,000

87p

132,500

82p

25,000



d)

 

Aggregated information




- Aggregated volume

632,316



- Price

79.32p



e)

 

Date of the transaction

 

5 August 2021

f)

 

Place of the transaction

 

Off market

 

Enquiries

Sigma Capital Group plc
Graham Barnet, Chief Executive Officer and Founder / Michael McGill, Group Chief Financial Officer


Tel: +44 (0) 33 3999 9926

Singer Capital Markets (NOMAD and Broker to Sigma)
Sandy Fraser / Rachel Hayes

Tel: +44 (0) 20 7496 3000

KTZ Communications (PR Adviser to Sigma)

Katie Tzouliadis / Dan Mahoney

Tel: +44 (0) 20 3178 6378

About Sigma Capital Group plc

(www.sigmacapital.co.uk)

Sigma Capital Group plc ("Sigma") is a PRS, 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. The Company 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.

Sigma has created an unrivalled property platform, which sources sites and brings together construction resource to develop them, enabling Sigma to deliver an integrated solution to partners. As well as sourcing sites and managing all stages of the planning and development process, Sigma also manages the rental of completed homes through its award-winning rental brand 'Simple Life'. The Company's subsidiary, Sigma PRS Management Limited, is Investment Adviser to The PRS REIT plc. In September 2020, the Company  launched a joint venture with  EQT Real Estate , the real estate platform of global investment firm EQT to establish a  £1bn  portfolio of high quality, new-build homes for private rental in  Greater London .

 

LEI: 21380037Q91HU97WZX58

 

 

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