IG Design Group PLC Director/PDMR Shareholding (0837J)
December 18 2020 - 2:00AM
UK Regulatory
TIDMIGR
RNS Number : 0837J
IG Design Group PLC
18 December 2020
18 December 2020
IG Design Group PLC
(the "Company", the "Group" or "Design Group")
Director/PDMR Shareholding
IG Design Group plc announces that on 16 December 2020 Giles
Willits, Chief Financial Officer of the Company, exercised 79,767
options over ordinary shares of 5 pence each in the Company
("Ordinary Shares") for nil cost. Mr Willits disposed of the 79,767
Ordinary Shares issued following the exercise of the options and an
additional 93,573 Ordinary Shares at a price of 607 pence per
share.
Following the transaction Mr Willits retains 53,179 Ordinary
Shares which can be vested under the Company's LTIP scheme and has
no beneficial shareholding in the Ordinary Shares of the
Company.
For further information:
IG Design Group plc 01525 887310
Paul Fineman, Chief Executive
Giles Willits, Chief Financial
Officer
Canaccord Genuity Limited 020 7523 8000
Bobbie Hilliam, NOMAD
Alex Aylen, Sales
Alma PR
Rebecca Sanders-Hewett 020 3405 0205
Susie Hudson designgroup@almapr.co.uk
Sam Modlin
About IG Design Group plc
IG Design Group plc, the largest consumer gift packaging
business in the world, is a designer, innovator and manufacturer of
products that help people celebrate life's special occasions.
Design Group works with more than 11,000 customers in over 80
countries throughout the UK, Europe, Australia and the USA.
Its products are found in over 210,000 retail outlets, including
several of the world's biggest retailers, for example Walmart,
Target, Amazon, Costco, Lidl and Aldi. Its brand, Tom Smith, also
holds the Royal Warrant for the supply of Christmas crackers and
Christmas wrapping paper to the Royal family. Design Group is a
diverse business operating across multiple regions, categories,
seasons and brands.
Its five major product categories are: Celebrations, Craft,
Stationery and Creative Play, Gifting, and Not-for-resale
consumables. It offers customers a full end-to-end service from
design through to distribution, offering both branded and bespoke
products from the value-focused through to the higher-margin ends
of the market.
The Company was admitted to the Alternative Investment Market of
the London Stock Exchange in 1995 under the name 'International
Greetings plc' and rebranded to IG Design Group plc in 2016. For
further information please
visit www.thedesigngroup.com .
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Giles Willits
--------------------------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------------
a) Position/Status: Executive Director
--------------------------------------------- --------------------------------------------
b) Initial Notification/Amendment: Initial Notification
--------------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------------
a) Name: IG Design Group plc
--------------------------------------------- --------------------------------------------
b) LEI: 213800J8I5XDZ3JU8496
--------------------------------------------- --------------------------------------------
4. Details of 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: ISIN: GB00BFH55S51
Identification code:
--------------------------------------------- --------------------------------------------
b) Nature of the transaction: Exercise of options over Ordinary Shares
for nil cost
--------------------------------------------- --------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------------------------------------------- --------------------- ---------------------
- 79,767
------------------------------------------------------------------------ ---------------------
d) Aggregated volume: n/a single transaction
Price:
--------------------------------------------- --------------------------------------------
e) Date of the Transaction: 16 December 2020
--------------------------------------------- --------------------------------------------
f) Place of the Transaction: London Stock Exchange (XLON); AIM
--------------------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Giles Willits
-------------------------------- ----------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/Status: Executive Director
-------------------------------- ----------------------------------------------------
b) Initial Notification/Amendment: Initial Notification
-------------------------------- ----------------------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name: IG Design Group plc
-------------------------------- ----------------------------------------------------
b) LEI: 213800J8I5XDZ3JU8496
-------------------------------- ----------------------------------------------------
4. Details of 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: ISIN: GB00BFH55S51
Identification code:
-------------------------------- ----------------------------------------------------
b) Nature of the transaction: Sale of Ordinary Shares
-------------------------------- ----------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
-------------------------------- ----------- ---------------------------------------
607 pence 93,573 Ordinary Shares on 16 December
607 pence 2020
79,767 Ordinary Shares on 17 December
2020
-------------------------------- ----------- ---------------------------------------
d) Aggregated volume: 173,340 Ordinary Shares
Price: 607 pence
-------------------------------- ----------------------------------------------------
e) Date of the Transaction: 16 and 17 December 2020
-------------------------------- ----------------------------------------------------
f) Place of the Transaction: London Stock Exchange (XLON); AIM
-------------------------------- ----------------------------------------------------
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