SIG plc ( (GB:SHI) ) just unveiled an announcement.
SIG plc has announced the granting of Deferred Share Awards to its Chief Executive Officer, Gavin Slark, and Chief Financial Officer, Ian Ashton, under the 2018 SIG plc Bonus Plan. These awards, which are structured as nil cost options, reflect the company’s commitment to aligning executive compensation with shareholder interests, as one-third of annual bonuses are deferred into shares. The awards are set to vest on 27 March 2028, potentially impacting the company’s executive retention and incentivization strategy.
More about SIG plc
SIG plc operates in the construction and building materials industry, focusing on the distribution of specialist building products. The company provides a range of products including insulation, roofing, and interior fit-out materials, catering primarily to the European market.
YTD Price Performance: -22.69%
Average Trading Volume: 1,554,484
Technical Sentiment Signal: Buy
Current Market Cap: £150.5M
For an in-depth examination of SHI stock, go to TipRanks’ Stock Analysis page.