IG Design Group PLC Completion of Second Tranche Placing (2684B)
September 19 2018 - 6:10AM
UK Regulatory
TIDMIGR
RNS Number : 2684B
IG Design Group PLC
19 September 2018
19 September 2018
IG Design Group plc
("Design Group", the "Company" or the "Group")
Completion of Second Tranche Placing
Director/PDMR Shareholding
IG Design Group plc, a leading designer, innovator and
manufacturer of celebration, gifting, stationery and creative play
products, is pleased to confirm that, following admission of the
Second Tranche Placing Shares at 8.00 a.m. today, the Second
Tranche Placing has now completed.
Further to the significantly oversubscribed Placing as announced
on 28 August 2018, the Company also notifies that AC Artistic
Limited, a trust in which Anders Hedlund, a Non-Executive Director
of the Company, holds a beneficial interest, has agreed to sell a
total of 500,000 ordinary shares of 5 pence each in the capital of
the Company ("Ordinary Shares") at the Placing Price of 510 pence
per share.
Following the above transaction, the Hedlund family holds an
interest in 23,068,994 Ordinary Shares, representing approximately
29.6% per cent. of the Company's issued share capital. Capitalised
terms used, but not defined in this announcement shall have the
same meaning as set out in the announcement dated 28 August 2018
with RNS number 9474Y.
For further information, please contact:
IG Design Group plc Tel: 01525 887310
Paul Fineman, Chief Executive
Giles Willits, Chief Financial
Officer
Cenkos Securities plc Tel: 020 7397 8900
Stephen Keys
Harry Hargreaves
Alma PR Tel: 0208 004 4217
Rebecca Sanders-Hewett designgroup@almapr.co.uk
Susie Hudson
Sam Modlin
Template for notification and public disclosure of transactions
by persons discharging managerial responsibilities and persons
closely associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name AC Artistic Limited
-------------------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status Person closely associated with Anders
Hedlund, Founder and Deputy Chairman
-------------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- --------------------------------------------
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 each
financial instrument,
type of instrument
Identification code ISIN: GB0004526900
-------------------------------------- --------------------------------------------
b) Nature of the transaction Sale of ordinary shares
-------------------------------------- --------------------------------------------
c) Price(s) and volume(s)
-------------------- -------------------
Price(s) Volume(s)
-------------------- -------------------
510 pence 500,000
---------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume 500,000
- Price GBP2,550,000.00
-------------------------------------- -------------------------------------------------
e) Date of the transaction 19 September 2018
-------------------------------------- --------------------------------------------
f) Place of the transaction AIMX
-------------------------------------- --------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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