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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
IG Design Group Plc | AQSE:IGR.GB | Aquis Stock Exchange | Ordinary Share | GB0004526900 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-91.00 | -60.67% | 59.00 | 54.00 | 64.00 | 95.00 | 51.00 | 95.00 | 602,890 | 14:34:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIGR
RNS Number : 6980W
IG Design Group PLC
13 December 2023
13 December 2023
IG Design Group Plc
('Design Group' or the 'Company')
Intended Purchase of Shares by Employee Benefit Trust
The Company announces that APEX Financial Services (Trust Company) Limited, the trustee of the IG Design Group Plc Employee Benefit Trust (the "EBT"), has indicated its intention to make market purchases in ordinary shares of the Company for the benefit of the EBT up to a value of GBP2.80 million, to help meet future obligations arising under the Company's long-term incentive plan (the "Market Purchases").
The Market Purchases are subject to the EBT's discretion as to the purchase price, in consultation with Canaccord Genuity, the Company's broker, to be paid up to a pre-agreed maximum price per ordinary share in the Company.
The Market Purchases will be funded by amounts advanced by the Company by way of loan, such funding having been provided for within recent public announcements as to the Company's outlook.
Further announcements will be made on completion of the Market Purchases.
For further information, please contact:
IG Design Group Plc Tel: +44 (0)1525 887310 Paul Bal, Chief Executive Officer Rohan Cummings, Chief Financial Officer Canaccord Genuity Limited (Nomad Tel: +44 (0)20 7523 and Broker) 8000 Bobbie Hilliam Sam Lucas Alma Strategic Communications Tel: +44 (0)20 3405 Rebecca Sanders-Hewett 0205 Sam Modlin designgroup@al mastrategic.com Josh Royston
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(END) Dow Jones Newswires
December 13, 2023 12:04 ET (17:04 GMT)
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