SIG grants long-term restricted share award to new CFO
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SIG plc has granted a long-term Restricted Share Award to new CFO Simon Kesterton under its Long Term Incentive Plan. The award, covering 6,936,736 ordinary shares, aligns his interests with shareholders and vests on May 1, 2029, with a two-year holding period. This move emphasizes long-term performance and retention at a senior level. The latest analyst rating for SIG plc (GB:SHI) is a Hold with a £8.00 price target, reflecting concerns over weak fundamentals despite recent positive cash flow.
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