That is being generous! For most, this usage of "signify" would be thoroughly baffling."Signify the importance of such events" means nothing more than "say how important such events are/were".
"Signify" meaning "to be an indication of or to give a meaning to something" is not used in the imperative. Things, actions etc signify/indicate or show the importance of something.How idiomatic would "Please signify the importance of this event" sound if it actually was to mean "Please substantiate in writing the importance of this event" ?