Tuesday, April 19, 2016
19 April 2016
SIGMA CAPITAL GROUP PLC (“Sigma” or the "Company")
Director’s dealings – exercise of options
Sigma Capital Group plc, the private rented sector (“PRS”) and urban regeneration specialist, today received notice from David Sigsworth, Chairman, to exercise options over 100,000 ordinary shares of 1 pence each in the capital of the Company (“Ordinary Shares”) at an exercise price of 25p per Ordinary Share. Following the exercise of options, the beneficial interests of David Sigsworth will be 645,304 Ordinary Shares representing 0.73% of the Company’s issued share capital.
Application has been made for the 100,000 Ordinary Shares issued pursuant to the option exercise to be admitted to trading on AIM. The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares and it is expected that admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 25 April 2016.
Following admission, the Company will have 88,601,430 Ordinary Shares in issue, none of which are in treasury. Shareholders may use this figure 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 share capital of the Company.
Sigma Capital Group plc
Graham Barnet, Chief Executive
Malcolm Briselden, Finance Director
T: 0131 220 9444
(PR Advisor to Sigma)
T: 020 3178 6378
T: 0207 496 3000
About Sigma Capital Group plc
Sigma is a PRS, residential development and urban regeneration specialist, with offices in Manchester, London and Edinburgh. Sigma's principal focus is now on the delivery of large scale housing schemes, initially 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.