IG Design Group PLC Director/PDMR Shareholding (1699C)
13 Juin 2019 - 6:16PM
UK Regulatory
TIDMIGR
RNS Number : 1699C
IG Design Group PLC
13 June 2019
13 June 2019
IG Design Group Plc
("Design Group", "Company" or the "Group")
Director/PDMR Shareholding
IG Design Group plc announces that on 11 June 2019, Lance Burn,
an Executive Director of the Company, exercised 250,000 options
over ordinary shares of 5 pence each in the Company ("Ordinary
Shares") for nil cost. Following exercise Mr Burn on 13 June 2019
disposed of the 250,000 Ordinary Shares at a price of 604 pence per
share. Following the exercise and sale of Ordinary Shares, Mr Burn
continues to have no beneficial shareholding in the Ordinary Shares
of the Company.
Further to the above, the Company was also notified on 13 June
2019 that John Charlton, Non-Executive Chairman of the Company,
sold 300,000 Ordinary Shares at 604 pence per share and 20,000
Ordinary Shares at 612 pence per share. Following the transaction
Mr Charlton's beneficial shareholding in the Ordinary Shares of the
Company now totals 337,116 Ordinary Shares, which represents 0.43
per cent. of the total current issued share capital.
Both Mr Burn and Mr Charlton undertook the above transactions
for financial planning purposes.
The total number of Ordinary Shares in issue following the
exercise of options as set out above is 78,615,046. The Group does
not hold any Ordinary Shares in treasury. The total number of
voting rights in the Group will therefore be 78,615,046. This
number 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
Group under the FCA's Disclosure Guidance and Transparency
Rules.
For further information, please contact:
IG Design Group Plc Tel: +44 (0)1525 887310
Paul Fineman, CEO
Giles Willits, CFO
Canaccord Genuity Limited (Nomad and Tel: +44 (0)20 7523 8000
Broker)
Bobbie Hilliam
Alex Aylen - Sales
Alma PR Tel: +44 (0)20 3405 0205
Rebecca Sanders-Hewett
Susie Hudson
Sam Modlin
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Lance Burn
-------------------------------------------- ---------------------------------------------
2 Reason for the notification Exercise of options over Ordinary Shares
Sale of Ordinary Shares
-------------------------------------------- ---------------------------------------------
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: 213800XIF4R73HAM8S36
-------------------------------------------- ---------------------------------------------
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 250,000 options over Ordinary
Shares for nil cost.
Sale of 250,000 Ordinary Shares at 604
pence
-------------------------------------------- ---------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
-------------------------------------------- ---------------------- ---------------------
604 pence 250,000
------------------------------------------------------------------------ ---------------------
d) Aggregated volume: n/a single transaction
Price:
-------------------------------------------- ---------------------------------------------
e) Date of the Transaction: 11 June 2019
13 June 2019
-----------------------------------------------------------------------------------------------
f) Place of the Transaction: London Stock Exchange (XLON); AIM
-------------------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: John Charlton
------------------------------------------- ------------------------------------------------
2 Reason for the notification Sale of Ordinary Shares
------------------------------------------- ------------------------------------------------
a) Position/Status: Non-Executive Chairman
------------------------------------------- ------------------------------------------------
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: 213800XIF4R73HAM8S36
------------------------------------------- ------------------------------------------------
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 300,000 Ordinary Shares at 604 pence
Sale of 20,000 Ordinary Shares at 612 pence
------------------------------------------- ------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
------------------------------------------- ------------------------- ---------------------
604 pence 300,000
612 pence 20,000
-------------------------------------------------------------------------- ---------------------
d) Aggregated volume: 320,000
Price: 604.5 pence
------------------------------------------- -----------------------------------------------------
e) Date of the Transaction: 13 June 2019
------------------------------------------- ------------------------------------------------
f) Place of the Transaction: London Stock Exchange (XLON); AIM
------------------------------------------- ------------------------------------------------
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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