IG Group Holdings plc
LEI No: 2138003A5Q1M7ANOUD76
30 April 2026
IG Group Holdings plc
(the 'Company')
NOTIFICATION OF TRANSACTIONS OF DIRECTOR / PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")
IG Group: Awards of nominal cost options over IG shares on 28 April 2026
The below notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives details about the grant of options under the IG Group Holdings plc Long Term Incentive Plan 2023 ("LTIP") and the Annual Bonus Plan.
A total of 454,000 units have been granted under the LTIP Awards to the Executive Directors and total of 23,753 units have been granted under the Annual Bonus Plan Awards. These are in the form of an option over ordinary shares in the Company. They have a nominal value exercise price of 0.005 pence per share.
Options will become exercisable on the Vesting Date and remain exercisable for a period of ten years from Grant Date, at the end of which, the Options will lapse. All Awards are subject to claw back and malus provisions.
Awards have been granted as follows:
|
Name |
LTIP Award: Number of Shares under Award |
Annual Bonus Plan Award: Number of Shares under Award |
|
Breon Corcoran |
288,000 |
15,076 |
|
Clifford Abrahams |
166,000 |
8,677 |
|
Total |
454,000 |
23,753 |
The number of options at grant under the LTIP Award is pre-determined as per the Directors' Remuneration Policy which was approved by shareholders on 17 September 2025. The LTIP Awards will vest on 7 April 2029 subject to the satisfaction of performance conditions assessed over the three financial years starting on 1 January 2026. Vesting is on a straight‐line basis subject to the achievement of a minimum threshold level of performance of two separate, but equally weighted performance conditions as set out in the table below:
|
Performance Measure |
Weighting |
Threshold (25% vesting) |
Maximum (100% vesting) |
|
Group Revenue |
50% |
£1,226m |
£1,513m |
|
Earnings Per Share |
50% |
127p |
166p |
The Annual Bonus Plan Award represents the 25% portion of Annual Bonus for the period ended 31 December 2025 that is to be delivered in deferred shares. The price at the date of grant was £14.377, based on the average of the closing prices of ten business days post results announcement and this award will vest on 28 April 2029.
Further detail is provided below in accordance with UK Market Abuse Regulation.
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name
|
Breon Corcoran |
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2
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Reason for the notification
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a)
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Position / status
|
Chief Executive Officer |
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b)
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Initial notification /Amendment
|
Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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IG Group Holdings plc |
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b)
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LEI
|
2138003A5Q1M7ANOUD76 |
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4
|
Details of the 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
|
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a)
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Description of the financial instrument, type of instrument
Identification code
|
Nominal Cost Options of 0.005 pence
GB00B06QFB75
|
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b)
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Nature of the transaction
|
Grant of CY26 award made under the IG Group 2023 Long Term Incentive Plan & Grant of share-based component of the Annual Bonus award for the period ended 31 December 2025 made under the IG Group Annual Bonus Plan
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c)
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Price(s) and volume(s)
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|
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d) |
Aggregated information
Aggregated volume
Price
|
N/A
|
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e)
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Date of the transaction
|
28 April 2026 |
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f)
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Place of the transaction |
Outside a trading venue |
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name
|
Clifford Abrahams |
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2
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Reason for the notification
|
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a)
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Position / status
|
Chief Financial Officer |
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b)
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Initial notification /Amendment
|
Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||||
|
a)
|
Name
|
IG Group Holdings plc |
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b)
|
LEI
|
2138003A5Q1M7ANOUD76 |
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|
4
|
Details of the 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, type of instrument
Identification code
|
Nominal Cost Options of 0.005 pence
GB00B06QFB75
|
||||||
|
b)
|
Nature of the transaction
|
Grant of CY26 award made under the IG Group 2023 Long Term Incentive Plan & Grant of share-based component of the Annual Bonus award for the period ended 31 December 2025 made under the IG Group Annual Bonus Plan
|
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c)
|
Price(s) and volume(s)
|
|
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d) |
Aggregated information
Aggregated volume
Price
|
N/A
|
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|
e)
|
Date of the transaction
|
28 April 2026 |
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|
f)
|
Place of the transaction |
Outside a trading venue |
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|
Company Secretariat |
Investor Relations |
Media |
|
Aurelia Gibbs |
Martin Price |
Sodali & Co |
|
020 7896 0011 |
020 7573 0020 |
020 7100 6451 |
About IG
IG Group Holdings plc ("the Group") is a FTSE 100 financial technology company operating at the intersection of retail trading, technology and capital markets. Through its trusted brands - IG, tastytrade, Freetrade and Independent Reserve - the Group serves over 1.3 million customers worldwide, providing leveraged trading, stock trading and investments, and cryptocurrency trading via its proprietary platforms. For more information, visit www.iggroup.com.