IG Design Group PLC Director/PDMR Shareholding (8815Y)

TIDMIGR

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

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                     Ordinary shares of 5 pence each 
        the financial 
        instrument: 
        Identification                     ISIN: GB0004526900 
        code: 
----  ---------------------------------  ------------------------------------ 
 b)    Nature of the                      Exercise of options over ordinary 
        transaction:                       shares 
----  ---------------------------------  ------------------------------------ 
 c)    Price(s) and                       Price(s)           Volume(s) 
        volume(s): 
----  ---------------------------------  -----------------  ----------------- 
                                          -                  75,000 
 --------------------------------------  -----------------  ----------------- 
       Aggregated volume:                 75,000 
 d)     Price:                             - 
----  ---------------------------------  ------------------------------------ 
 e)    Date of the Transaction:           8 December 2017 
----  ---------------------------------  ------------------------------------ 
 f)    Place of the                       Outside trading venue 
        Transaction: 
----  ---------------------------------  ------------------------------------ 
 
 
 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                     Ordinary shares of 5 pence each 
        the financial 
        instrument: 
        Identification                     ISIN: GB0004526900 
        code: 
----  ---------------------------------  ----------------------------------- 
 b)    Nature of the                      Sale of ordinary shares 
        transaction: 
----  ---------------------------------  ----------------------------------- 
 c)    Price(s) and                       Price(s)           Volume(s) 
        volume(s): 
----  ---------------------------------  -----------------  ---------------- 
   403 pence                                                 50,000 
  --------------------------------------------------------  ---------------- 
 d)    Aggregated volume:                 50,000 
        Price:                             GBP201,500 
----  ---------------------------------  ----------------------------------- 
 e)    Date of the Transaction:           8 December 2017 
----  ---------------------------------  ----------------------------------- 
 f)    Place of the                       Outside trading venue 
        Transaction: 
----  ---------------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 08, 2017 12:11 ET (17:11 GMT)