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IG Design Group PLC (IGR)

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Friday 15 March, 2019

IG Design Group PLC

Long Term Incentive Plan Awards

RNS Number : 0756T
IG Design Group PLC
15 March 2019
 

15 March 2019

IG Design Group Plc
('Design Group' or the 'Company')


Long Term Incentive Plan Awards

The Company announces that on 14 March 2019, it awarded a total of 441,593 nil cost options ("Options") over ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") to Paul Fineman, Chief Executive, Giles Willits, Chief Financial Officer, and Lance Burn, Executive Director, under the Company's 2018-21 Long Term Incentive Plan ("LTIP").

Details of the awards made to each Director and their resulting interests in the Company are detailed in the table below.

 



Existing Option awards

New Option award

 Director

Ordinary Shares

LTIP 2014-17 (Vested)

LTIP 2015-18 (Vested)

LTIP 2016-19

(Not vested)

LTIP 2017-20

(Not vested)

LTIP 2018-2021

(Not vested)








Paul Fineman*

2,369,334

-

312,916

226,791

132,443

204,675

Giles Willits

93,573

-

-

-

172,454

128,654

Lance Burn

-

133,678

192,963

111,882

62,296

108,264

 

*Paul Fineman also has a non-beneficial interest in an additional 174,608 Ordinary Shares

The above awards are subject to relevant performance criteria being achieved. 

For further information, please contact:

IG Design Group Plc

Paul Fineman, CEO

Giles Willits, CFO

Tel: +44 (0)1525 887310

 

Canaccord Genuity Limited (Nomad and Broker)

Bobbie Hilliam

Alex Aylen - Sales

Tel:  +44 (0)20 7523 8000

 

Alma PR

Rebecca Sanders-Hewett

Susie Hudson

Sam Modlin

Tel:  +44 (0)20 3405 0209

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Paul Fineman

2

Reason for the notification

a)

Position/Status:

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:

Options over Ordinary Shares of 5 pence each
 

ISIN: GB0004526900

b)

Nature of the transaction:

Award of nil cost options, conditional on future performance

c)

Price(s) and volume(s):

Price(s)

Volume(s)

nil

204,675

d)

Aggregated volume:

Price:


N/A - Single transaction

e)

Date of the Transaction:

14 March 2019

f)

Place of the Transaction:

Outside trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Giles Willits

2

Reason for the notification

a)

Position/Status:

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:

Options over Ordinary Shares of 5 pence each
 

ISIN: GB0004526900

b)

Nature of the transaction:

Award of nil cost options, conditional on future performance

c)

Price(s) and volume(s):

Price(s)

Volume(s)

nil

128,654

d)

Aggregated volume:

Price:


N/A - Single transaction

e)

Date of the Transaction:

14 March 2019

f)

Place of the Transaction:

Outside trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Lance Burn

2

Reason for the notification

a)

Position/Status:

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:

Options over Ordinary Shares of 5 pence each
 

ISIN: GB0004526900

b)

Nature of the transaction:

Award of nil cost options, conditional on future performance

c)

Price(s) and volume(s):

Price(s)

Volume(s)

nil

108,264

d)

Aggregated volume:

Price:


N/A - Single transaction

e)

Date of the Transaction:

14 March 2019

f)

Place of the Transaction:

Outside trading venue

 

 


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 [email protected] or visit www.rns.com.
 
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