SigmaRoc Non-Executive Director Tim Hall Invests Heavily into Company Shares

Tim Hall, Non-Executive Director of the European lime and minerals titan SigmaRoc has recently upped the ante by markedly increasing his stake in the company. He revealed he had exercised an impressive 750,000 options, which came under SigmaRoc’s 2016 Share Option Plan. The options were exercised at a price of 46 pence per share, with the resultant 226,834 Ordinary Shares, post tax deduction, being transferred from the SigmaRoc Employee Benefit Trust (EBT) to Mr Hall’s account.

That’s not all! On the same day, Mr Hall dived deeper into his commitment to the company by purchasing an additional 80,884 Ordinary shares. Each of these shares was procured at a price of 103.25 pence. Following this sizeable exercise of options and additional share purchase, Mr Hall’s total interest in the company now amounts to 750,000 Ordinary Shares. This represents a 0.067% share of the total issued share capital of SigmaRoc.

SigmaRoc, the quoted European lime and minerals group, values lime and limestone as key resources in the transition to an increasingly sustainable economy. Their goals include sustainability-focused applications for lime and limestone products, such as lithium battery production and recycling, as well as the substitution of cementitious material and the invention of new building materials. By purchasing more assets in fragmented markets, creating efficiencies, and consolidating the assets into larger pools, SigmaRoc aims to create more value for shareholders.