IG Design Group PLC Block Admission and Interim Review (7833J)

TIDMIGR

RNS Number : 7833J

IG Design Group PLC

30 June 2017

IG Design Group plc ("the Company")

Block Admission and Update

The Company announces that an application has been made to AIM for a block admission in respect of 1,319,920 ordinary shares of 5p each ("Ordinary Shares") in the share capital of the Company (the "Block Admission"). This Block Admission will be used to satisfy the issue of shares pursuant to exercises of options under the Company's LTIP 2014-2017 scheme.

An application has been made for the new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on 6 July 2017. The Company's issued share capital will not change as a result of the Block Admission.

Further to the announcement by the Company on 5 January 2017, the Company also announces that zero Ordinary Shares have been issued since that date pursuant to the Company's 2008 Executive Share Option Plan and admitted to trading in accordance with the block listing applied for on 25 August 2010 (the "Block Listing"). An update in accordance with Schedule 6 of the AIM Rules for Companies is set out below, which includes the Ordinary Shares to be admitted under the Block Admission.

The Company holds no shares in treasury and hence the total number of current voting rights is 62,641,833. The Company will notify on a monthly basis when there are changes to the issued share capital, and these monthly figures may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

30 June 2017

For further information, please contact:

   IG Design Group plc                                                        Tel: [phone] 

Paul Fineman, Chief Executive

Anthony Lawrinson, Chief Financial Officer

   Cenkos Securities plc                                                  Tel: [phone] 

Bobbie Hilliam

   FTI Consulting                                                                   Tel: [phone] 

Jonathon Brill

Tom Hufton

BLOCK LISTING SIX MONTHLY RETURN

 
 Name of applicant:                                    IG Design Group plc 
----------------------------------------------------  ---------------------------------------------------------------- 
 Name of scheme:                                       International Greetings plc 2008 Executive Share Option Plan 
                                                       and LTIP 2014-2017 scheme 
----------------------------------------------------  ---------------------------------------------------------------- 
 Period of return           From:                      30 December 2016           To:         30 June 2017 
-------------------------  -------------------------  -------------------------  ----------  ------------------------- 
 Balance of unallotted securities under scheme(s) 
  from previous return:                                710,000 
----------------------------------------------------  ---------------------------------------------------------------- 
 Plus: The amount by which the block scheme(s) has 
  been increased since the date of the last 
  return (if any increase has been applied for):       1,319,920 
----------------------------------------------------  ---------------------------------------------------------------- 
 Less: Number of securities issued/allotted under      Nil 
 scheme(s) during period (see LR3.5.7G): 
----------------------------------------------------  ---------------------------------------------------------------- 
 Less: Number of options in the 2008 Executive Share   Nil 
 Option Plan that have lapsed during the 
 period: 
----------------------------------------------------  ---------------------------------------------------------------- 
 Equals: Balance under scheme(s) not yet 
  issued/allotted at end of period                     2,029,920 
----------------------------------------------------  ---------------------------------------------------------------- 
 Name of contact:                                      Anthony Lawrinson 
----------------------------------------------------  ---------------------------------------------------------------- 
 Telephone number of contact:                          01525 887310 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 30, 2017 09:21 ET (13:21 GMT)