Intermediate Capital Icg : Vesting Of Share Awards/Notification Of Transactions Of Directors
June 09 2021 - 6:28AM
UK Regulatory
TIDMICP
Intermediate Capital Group plc (the "Company")
9 June 2021
Vesting of Share Awards/Notification of Transactions of Directors
The Company wishes to announce that the following ordinary shares of the
Company vested under the terms of awards granted under the Intermediate
Capital Group Omnibus Plan to directors.
BENOIT DURTESTE
On 8 June 2021, the following number of ordinary shares of the Company
vested under the terms of PLC Equity Awards made to Benoit Durteste
under the Intermediate Capital Group Omnibus Plan:
Dates of Grant: 24 May 2016, 25 May 2017 and 22 May 2018
Aggregate Number of Shares Vested: 364,190
In accordance with the terms of the awards, the number above includes
additional shares equivalent in value to the dividends payable on the
vested shares between the date of award and the date of their transfer
to the Director.
The Director met certain liabilities for income tax and national
insurance contributions on the vesting of his Awards by selling the
number of shares shown below in London on 8 June 2021 at a price of
GBP22.80 per share. In addition, the Director gave instructions to sell
his net shares in the market on 8 June 2021 at the same price.
Number of Shares Sold to Cover Tax: 171,170
Total Number of Shares instructed for sale: 193,020
As a consequence of the above transaction Benoit Durteste and his
connected persons retain an interest in 1,141,580 ordinary shares in the
Company, representing approximately 0.39% of the total issued share
capital (excluding treasury shares) of the Company.
ANTJE HENSEL-ROTH
On 8 June 2021, the following number of ordinary shares of the Company
vested under the terms of Deferred Share Awards made to Antje
Hensel-Roth under the Intermediate Capital Group Omnibus Plan:
Dates of Grant: 22 May 2019 and 4 June 2020
Aggregate Number of Shares Vested: 14,371
In accordance with the terms of the awards, the number above includes
additional shares equivalent in value to the dividends payable on the
vested shares between the date of award and the date of their transfer
to the Director.
The Director met certain liabilities for income tax and national
insurance contributions on the vesting of her Awards by selling the
number of shares shown below in London on 8 June 2021 at a price of
GBP22.80 per share.
Number of Shares Sold to Cover Tax: 6,756
Total Number of Shares Received: 7,615
As a consequence of the above transaction Antje Hensel-Roth and her
connected persons retain an interest in 11,434 ordinary shares in the
Company, representing less than 0.01% of the total issued share capital
(excluding treasury shares) of the Company.
Contacts
Chris Hunt
Investor Relations, ICG plc
+44 (0) 20 3545 2020
Fiona Laffan
Corporate Affairs, ICG PLC
+44 (0) 20 3545 1510
Andrew Lewis
Company Secretary, ICG plc
+44 (0) 20 3545 1344
(END) Dow Jones Newswires
June 09, 2021 06:28 ET (10:28 GMT)
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