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The latest announcement is out from SIG plc ( (GB:SHI) ).
SIG plc announced that Ian Ashton, the Chief Financial Officer, has exercised options under the company’s Restricted Share Plan and Deferred Bonus Plan to acquire a significant number of shares. A portion of these shares was sold to cover tax obligations, while the remaining shares are subject to a two-year holding period. This move is part of the company’s ongoing efforts to align executive incentives with shareholder interests, potentially impacting the company’s market perception and stakeholder confidence.
More about SIG plc
SIG plc operates in the construction industry, specializing in the distribution of building products. The company focuses on providing insulation and energy management solutions, serving a wide range of customers in the construction sector.
YTD Price Performance: -21.12%
Average Trading Volume: 1,413,791
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £150.8M
See more insights into SHI stock on TipRanks’ Stock Analysis page.