Director/PDMR Shareholding

RNS Number : 8815Y

IG Design Group PLC

08 December 2017

 

8 December 2017

IG DESIGN GROUP PLC

("DG" or the "Company")

Director/PDMR Shareholding

The Company notifies that, on 8 December 2017, Mr Anthony Lawrinson exercised 75,000 options over ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") at nil cost. The Company also announces that, on 8 December 2017, Mr Lawrinson subsequently sold 50,000 Ordinary Shares to Mr Giles Willits for a price of 403 pence per share. As a result, Mr Lawrinson and Mr Willits have the following interests in the Company's Ordinary Shares, including adjustments in respect of dividends accumulated on options over the vesting period:

	Ordinary Shares held	LTIP 2012-2015 (Vested)	LTIP 2014-2017 (Vested)	LTIP 2015-2018 (Not-Vested)	LTIP 2016-2019 (Not-Vested)
Anthony Lawrinson	25,000	425,000	290,462	166,943	116,616
Giles Willits	50,000	-	-	-	-

As previously announced, Mr Willits will replace Mr Lawrinson, who is stepping down from the board, effective from 2 January 2018.

Following the exercise of options, the Company's issued share capital comprises 63,334,169 Ordinary Shares, of which none are held in treasury. Therefore the total number of voting rights in the Company is 63,334,169, which 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.

IG Design Group Plc                                                                                                             Tel:  [phone]

Paul Fineman, Chief Executive

Cenkos Securities                                                                                                                Tel:  [phone]

Bobbie Hilliam

Harry Hargreaves

Cameron MacRitchie

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Anthony Lawrinson
2	Reason for the notification
a)	Position/Status:	Chief Financial Officer
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 financial instrument: Identification code:	Ordinary shares of 5 pence each ISIN: GB0004526900
b)	Nature of the transaction:	Exercise of options over ordinary shares
c)	Price(s) and volume(s):	Price(s)	Volume(s)
		-	75,000
d)	Aggregated volume: Price:	75,000 -
e)	Date of the Transaction:	8 December 2017
f)	Place of the Transaction:	Outside trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Anthony Lawrinson
2	Reason for the notification
a)	Position/Status:	Chief Financial Officer
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 financial instrument: Identification code:	Ordinary shares of 5 pence each ISIN: GB0004526900
b)	Nature of the transaction:	Sale of ordinary shares
c)	Price(s) and volume(s):	Price(s)	Volume(s)
		403 pence	50,000
d)	Aggregated volume: Price:	50,000 £201,500
e)	Date of the Transaction:	8 December 2017
f)	Place of the Transaction:	Outside trading venue

 

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