Tuesday, November 29, 2016
SIGMA CAPITAL GROUP PLC (“Sigma” or the "Company")
Exercise of options by a former Director
Sigma Capital Group plc, the private rented sector and urban regeneration specialist, today received notice from Bill MacLeod, a former Director, to exercise options over 114,285 ordinary shares of 1 pence each in the capital of the Company (“Ordinary Shares”) at an exercise price of 26.25p per Ordinary Share. These options were granted under the Company’s approved share option scheme.
Application has been made for the 114,285 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 2 December 2016.
Following admission, the Company will have 88,715,715 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||T: 020 3178 6378 (today)|
|Malcolm Briselden, Finance Director||T: 0131 220 9444|
Katie Tzouliadis, Viktoria Langley
|T: 020 3178 6378|
|N+1 Singer||James Maxwell, Sandy Ritchie||T: 020 7496 3000|
|(NOMAD and Broker)|
About Sigma Capital Group plc
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, 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.