IG Design Group PLC Director Shareholding and Issue of Equity (7647R)
September 25 2017 - 1:01PM
UK Regulatory
TIDMIGR
RNS Number : 7647R
IG Design Group PLC
25 September 2017
25 September 2017
IG Design Group Plc
('DG' or the 'Company')
Director Shareholding and Issue of Equity
IG Design Group plc announces that, on 22 September 2017, Mr
Lance Burn, Executive Director, exercised 135,000 Ordinary Shares
of 5p each in the Company ("Ordinary Shares") pursuant to the
Company's Long Term Incentive Plan ("LTIP"), as announced on 31
March 2014. In line with the terms of the LTIP, the exercise price
was nil.
Further to the above, the Company has also been informed that Mr
Burn today sold 67,500 Ordinary Shares at a price of 345 pence per
Ordinary Share. As a result, Lance Burn will have the following
interests in the Company's Ordinary Shares, including adjustments
in respect of accumulated dividends over the period:
Ordinary LTIP 2014-2017 LTIP 2015-2018 LTIP 2016-2019 LTIP 2017-2020
Shares (Not Yet
held Vested)
(Vested) (Not Yet (Not Yet
Vested) Vested)
------- --------- --------------- --------------- --------------- ---------------
Lance
Burn 67,500 133,678 192,191 110,259 60,855
------- --------- --------------- --------------- --------------- ---------------
Following the issue of Ordinary Shares, the issued ordinary
share capital and voting rights in the Company are 63,259,169. This
figure 63,259,169 may be used by shareholders as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest
in the Company under the FCA's Disclosure Guidance and Transparency
Rules.
For further information, please contact:
IG Design Group Plc Tel: 01525 887310
Paul Fineman, Chief Executive
Anthony Lawrinson, Chief Financial Officer
Cenkos Securities Tel: 020 7397 8900
Bobbie Hilliam
Cameron MacRitchie
Harry Hargreaves
1 Details of the person discharging managerial
responsibilities/person closely associated
--- -----------------------------------------------------------------
a) Name Lance Burn
--- ------------------------------- --------------------------------
2 Reason for the notification
--- ------------------------------- --------------------------------
a) Position/status Executive Director
--- ------------------------------- --------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- --------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -----------------------------------------------------------------
a) Name IG Design Group plc
--- ------------------------------- --------------------------------
b) LEI 213800J8I5XDZ3JU8496
--- ------------------------------- --------------------------------
4 Details of the transaction(s): section to be
repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date;
and (iv) each place where transactions have
been conducted
--- -----------------------------------------------------------------
a) Description of the Ordinary Shares of 5 pence
financial instrument, each
type of instrument
--- ------------------------------- --------------------------------
b) Identification code ISIN: GB0004526900
--- ------------------------------- --------------------------------
c) Nature of the transaction Exercise of Share Awards
under the IG Design Group
plc Long Term Incentive
Plan
--- ------------------------------- --------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
--- ------------------------------- -------------- ----------------
GBPNil Cost 135,000 (LTIP
Options)
--- ------------------------------- -------------- ----------------
e) Date of transaction 22 September 2017
--- ------------------------------- --------------------------------
f) Place of transaction London Stock Exchange (XLON);
AIM
--- ------------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
---- -------------------------------------------------------------------
a) Name Lance Burn
---- -------------------------------- ---------------------------------
2 Reason for the notification
---- -------------------------------- ---------------------------------
a) Position/status Executive Director
---- -------------------------------- ---------------------------------
b) Initial notification/Amendment Initial notification
---- -------------------------------- ---------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
---- -------------------------------------------------------------------
a) Name IG Design Group plc
---- -------------------------------- ---------------------------------
b) LEI 213800J8I5XDZ3JU8496
---- -------------------------------- ---------------------------------
4 Details of the transaction(s): section to be
repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date;
and (iv) each place where transactions have
been conducted
---- -------------------------------------------------------------------
a) Description of the Ordinary Shares of 5 pence
financial instrument, each
type of instrument
---- -------------------------------- ---------------------------------
b) Identification code ISIN: GB0004526900
---- -------------------------------- ---------------------------------
c) Nature of the transaction Sale of Ordinary Shares
in IG Design Group plc
---- -------------------------------- ---------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
---- -------------------------------- ---------------- ---------------
GBP3.45 67,500
------------------------------------------------------ ---------------
e) Date of transaction 25 September 2017
---- -------------------------------- ---------------------------------
f) Place of transaction London Stock Exchange (XLON);
AIM
---- -------------------------------- ---------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLAMFTMBATBRR
(END) Dow Jones Newswires
September 25, 2017 13:01 ET (17:01 GMT)
Ig Design (LSE:IGR)
Historical Stock Chart
From Apr 2024 to May 2024
Ig Design (LSE:IGR)
Historical Stock Chart
From May 2023 to May 2024