IFG Group PLC Director/PDMR Shareholding Notification (7503Q)

TIDMIFP

RNS Number : 7503Q

IFG Group PLC

14 September 2017

14 September 2017

IFG GROUP PLC

(the "Company")

Director/ PDMR Shareholding Notification

IFG Group plc announces that on 12 September 2017 it granted nil cost options of 462,014 ordinary shares of EUR0.12 each in the Company to employees and Directors under the terms of the 2015 Share Option Plan, 362,014 options were granted to PDMRs as detailed below.

 
 PDMR                      Number of ordinary 
                             shares subject 
                              to the award 
------------------------  ------------------- 
 John Cotter 
  Group Chief Executive 
  Officer                  296,194 
------------------------  ------------------- 
 David Edwards 
  Group Chief Risk 
  Officer                  65,820 
------------------------  ------------------- 
 

The awards would vest in three years' time subject to continued employment and satisfaction of performance conditions.

Details of the transaction are included in the individual disclosures set below.

-ENDS-

For further information, please contact:

   John Cotter, Group Chief Executive                        Tel: [phone] 
   Andrew Price, Group Chief Financial Officer       Tel: [phone] 

The notifications below are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
===  ============================================================ 
 a)   Name                   John Cotter 
===  =====================  ===================================== 
 2    Reason for the notification 
===  ============================================================ 
 a)   Position/status        Group Chief Executive Officer 
===  =====================  ===================================== 
 b)   Initial Notification   Initial Notification 
       Amendment 
===  =====================  ===================================== 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
===  ============================================================ 
 a)   Name                   IFG Group plc 
===  =====================  ===================================== 
 b)   LEI                    213800DDLICUJ14JTY47 
===  =====================  ===================================== 
 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            Ordinary Shares of EUR0.12 each 
       of the financial 
       instrument, 
       type of 
       instrument             ISIN IE0002325243 
       Identification 
       code 
===  =====================  ===================================== 
 b)   Nature of              Grant of options under the IFG Group 
       the transaction        plc 2015 Share Option Plan 
===  =====================  ===================================== 
 c)   Price(s) and             Price(s)          Volume(s) 
       volume(s)               ================  ========== 
                                167p (exercise 
                                 price)           296,194 
                               ================  ========== 
===  =====================  ===================================== 
 d)   Aggregated 
       information             296,194 
       - Aggregated            167p (exercise price) 
       volume                  Subject to performance conditions 
       - Price 
       - Aggregated 
       total 
===  =====================  ===================================== 
 e)   Date of the            12 September 2017 
       transaction 
===  =====================  ===================================== 
 f)   Place of the           Irish Stock Exchange 
       transaction 
===  =====================  ===================================== 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
===  ============================================================ 
 a)   Name                   David Edwards 
===  =====================  ===================================== 
 2    Reason for the notification 
===  ============================================================ 
 a)   Position/status        Group Chief Risk Officer 
===  =====================  ===================================== 
 b)   Initial Notification   Initial Notification 
       Amendment 
===  =====================  ===================================== 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
===  ============================================================ 
 a)   Name                   IFG Group plc 
===  =====================  ===================================== 
 b)   LEI                    213800DDLICUJ14JTY47 
===  =====================  ===================================== 
 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            Ordinary Shares of EUR0.12 each 
       of the financial 
       instrument, 
       type of 
       instrument             ISIN IE0002325243 
       Identification 
       code 
===  =====================  ===================================== 
 b)   Nature of              Grant of options under the IFG Group 
       the transaction        plc 2015 Share Option Plan 
===  =====================  ===================================== 
 c)   Price(s) and             Price(s)          Volume(s) 
       volume(s)               ================  ========== 
                                167p (exercise 
                                 price)           65,820 
                               ================  ========== 
===  =====================  ===================================== 
 d)   Aggregated 
       information             65,820 
       - Aggregated            167p (exercise price) 
       volume                  subject to performance conditions 
       - Price 
       - Aggregated 
       total 
===  =====================  ===================================== 
 e)   Date of the            12 September 2017 
       transaction 
===  =====================  ===================================== 
 f)   Place of the           Irish Stock Exchange 
       transaction 
===  =====================  ===================================== 
 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

This information is provided by RNS

The company news service from the London Stock Exchange

END

ISEOKQDNFBKKCCD

(END) Dow Jones Newswires

September 14, 2017 04:39 ET (08:39 GMT)