IG Design Group PLC Block Admission Interim Review (9906L)

TIDMIGR

RNS Number : 9906L

IG Design Group PLC

02 January 2019

2 January 2019

IG Design Group plc

("Design Group" or the "Company")

Block Admission Interim Review

Further to the announcement dated 14 June 2018, the Company announces that a total of 1,229,281 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") have been issued since that date pursuant to the Company's 2008 Executive Share Option Plan, LTIP 2014-2017 scheme and LTIP 2015-2018 scheme. An update in respect of the Company's block admissions is set out below in accordance with Schedule 6 of the AIM Rules for Companies.

The Company also announces that application has been made for an additional block admission of 10,429 Ordinary Shares, which shall be used to satisfy the issue of shares pursuant to the Company's LTIP 2014-2017 scheme. The Company's issued share capital has not changed as a result of this additional block admission, and it is expected that the 10,429 Ordinary Shares will be admitted to trading at 8.00 a.m. on 8 January 2019.

As at today's date, the Company has 78,365,046 Ordinary Shares in issue, none of which are held in treasury. The Company will notify on a monthly basis when there are changes to its 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.

For further information, please contact:

 
 IG Design Group plc                     Tel: [phone] 
 Paul Fineman, Chief Executive 
 Giles Willits, Chief Financial 
  Officer 
 
 Cenkos Securities plc                  Tel: [phone] 
 Stephen Keys 
 Harry Hargreaves 
 
 Alma PR                                Tel: [phone] 
 Rebecca Sanders-Hewett           [e-mail] 
  Susie Hudson 
  Sam Modlin 
 

BLOCK ADMISSION SIX MONTHLY RETURN

 
 Name of applicant:                                                    IG Design Group plc 
 Name of scheme:                                                       2008 Executive Share Option Plan (Scheme 1) 
                                                                        LTIP 2014-2017 scheme (Scheme 2) 
                                                                        LTIP 2015-2018 scheme (Scheme 3) 
                                                                      ------------------------------------------------ 
 Period of return                                 From:                14 June 2018       To:     14 December 2018 
                                                 -------------------  -----------------  ------  --------------------- 
 Balance of unallotted securities under scheme(s) from previous        Scheme 1: 200,000 
 return:                                                                Scheme 2: 656,811 
                                                                        Scheme 3: 1,213,794 
                                                                        Total: 2,070,605 
                                                                      ------------------------------------------------ 
 Plus: The amount by which the block scheme(s) has been increased      Scheme 1: - 
 since the date of the last                                             Scheme 2: 10,429 
 return (if any increase has been applied for):                         Scheme 3: - 
                                                                        Total: 10,429 
                                                                      ------------------------------------------------ 
 Less: Number of securities issued/allotted under scheme(s) during     Scheme 1: 200,000 
 period:                                                                Scheme 2: 393,319 
                                                                        Scheme 3: 635,962 
                                                                        Total: 1,229,281 
                                                                      ------------------------------------------------ 
 Less: Number of options that have lapsed during the period:           Scheme 1: - 
                                                                        Scheme 2: - 
                                                                        Scheme 3: - 
                                                                        Total: - 
                                                                      ------------------------------------------------ 
 Equals: Balance under scheme(s) not yet issued/allotted at end of     Scheme 1: - 
 period                                                                 Scheme 2: 273,921 
                                                                        Scheme 3: 577,832 
                                                                        Total: 851,753 
                                                                      ------------------------------------------------ 
 Name of contact:                                                      Nikky Geairns 
                                                                      ------------------------------------------------ 
 Telephone number of contact:                                          01525 887323 
                                                                      ------------------------------------------------ 
 
 

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END

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January 02, 2019 09:40 ET (14:40 GMT)