Intermediate Capital Group plc: Vesting in Share Awards/ Notification of Transactions of Directors
Intermediate Capital Group PLC (“ICG”) (the “Company”)
7 June 2024
Vesting of Share Awards/Notification of Transactions of Directors
The Company wishes to announce that the following ordinary shares of the Company vested under the terms of awards granted under the Intermediate Capital Group Omnibus Plan to directors.
BENOIT DURTESTE
On 3 June 2024, the following number of ordinary shares of the Company vested under the terms of PLC Equity Awards made to Benoit Durteste under the Intermediate Capital Group Omnibus Plan:
Dates of Grant: 22 May 2019, 4 June 2020, 8 June 2021
Aggregate Number of Shares Vested 343,146
In accordance with the terms of the awards, the number above includes additional shares equivalent in value to the dividends payable on the vested shares between the date of award and the date of their transfer to the Director.
The Director met certain liabilities for income tax and national insurance contributions on the vesting of his Awards by selling the number of shares shown below in London on 3 June 2024 at a price of £22.83 per share.
Number of Shares Sold to Cover Tax: 161,281
Total Number of Shares Received: 181,865
As a consequence of the above transaction Benoit Durteste and his connected persons retain an interest in 1,751,281 ordinary shares in the Company, representing approximately 0.60% of the total issued share capital (excluding treasury shares) of the Company.
ANTJE HENSEL-ROTH
On 3 June 2024, the following number of ordinary shares of the Company vested under the terms of PLC Equity Awards made to Antje Hensel-Roth under the Intermediate Capital Group Omnibus Plan:
Dates of Grant: 8 June 2021
Aggregate Number of Shares Vested 13,663
In accordance with the terms of the awards, the number above includes additional shares equivalent in value to the dividends payable on the vested shares between the date of award and the date of their transfer to the Director.
The Director met certain liabilities for income tax and national insurance contributions on the vesting of his Awards by selling the number of shares shown below in London on 3 June 2024 at a price of £22.83 per share.
Number of Shares Sold to Cover Tax: 6,422
Total Number of Shares Received: 7,241
As a consequence of the above transaction Antje Hensel-Roth and her connected persons retain an interest in 17,067 ordinary shares in the Company, representing less than 0.01% of the total issued share capital (excluding treasury shares) of the Company.
Contacts:
Chris Hunt
Shareholder Relations, ICG
+44 (0) 20 3545 2020
Fiona Laffan
Corporate Affairs, ICG
+44 (0) 20 3545 1510
Andrew Lewis
Company Secretary, ICG
+44 (0) 20 3545 1344
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