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SIG CEO and Chair Designate Pim Vervaat Increases Stake with 500,000-Share Purchase

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SIG CEO and Chair Designate Pim Vervaat Increases Stake with 500,000-Share Purchase

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SIG plc ( (GB:SHI) ) has provided an update.

SIG plc has disclosed that its Chief Executive Officer and Chair designate, Pim Vervaat, has increased his personal shareholding in the company. Vervaat purchased 500,000 ordinary shares on 14 January 2026 on the London Stock Exchange’s Main Market at a price of 10 pence per share, raising his beneficial interest from 3,000,000 to 3,500,000 shares. The transaction, valued at £50,000, has been reported in line with UK Market Abuse Regulation requirements and may be interpreted by investors as a sign of confidence from the incoming chair in SIG’s prospects.

The most recent analyst rating on (GB:SHI) stock is a Hold with a £9.50 price target. To see the full list of analyst forecasts on SIG plc stock, see the GB:SHI Stock Forecast page.

Spark’s Take on GB:SHI Stock

According to Spark, TipRanks’ AI Analyst, GB:SHI is a Neutral.

The overall stock score is primarily influenced by financial performance challenges, including declining revenues and high leverage. Technical analysis shows mixed signals with short-term bullish momentum but longer-term bearish trends. Valuation concerns arise from a negative P/E ratio and lack of dividend yield. However, positive corporate events, such as the CEO’s share purchase and strategic leadership changes, provide a boost to the score.

To see Spark’s full report on GB:SHI stock, click here.

More about SIG plc

Average Trading Volume: 1,191,660

Technical Sentiment Signal: Sell

Current Market Cap: £118.4M

See more insights into SHI stock on TipRanks’ Stock Analysis page.

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