IndigoVision Group PLC Director/PDMR Shareholding (4386Y)

TIDMIND

RNS Number : 4386Y

IndigoVision Group PLC

09 May 2019

IndigoVision Group plc

("IndigoVision" or the "Company")

Purchase of Partnership Shares / Award of Matching Shares under the IndigoVision Group plc Share Incentive Plan 2010 (the "SIP")

IndigoVision Group plc (the "Company") announces that, on 7 May 2019, the trustee (the "Trustee") of the Company's HMRC approved all-employee SIP purchased ordinary shares of 1p each in the capital of the Company ("Shares") in the market at a price of GBP1.7312 per share on behalf of participants in the "Partnership Share" element of the SIP using deductions made from their gross salary.

The Company also announces that, on 7 May 2019, awards of further Shares were made to the above participants under the "Matching Share" element of the SIP on the basis of one free Matching Share for every one Partnership Share purchased. The Shares used to satisfy these awards were purchased in the market by the Trustee.

Details of the Directors who participated in the purchase / award are as follows:

 
     Name        Role    No. of Partnership   No. of Matching   Total no. 
                          Shares purchased     Shares awarded    of Shares 
                                                                 acquired 
 Pedro Simoes     CEO          1,039               1,039          2,078 
                ------  -------------------  ----------------  ----------- 
   Chris Lea      CFO          1,040               1,040          2,080 
                ------  -------------------  ----------------  ----------- 
 

In accordance with the rules of the SIP, Partnership and Matching Shares are initially held by the Trustee on the participants' behalf and, in the case of Matching Shares, must normally remain so held throughout a period of five years from the date of award.

Following the above notifications, the interests of the PDMR in Shares are as follows:

 
     Name        Role       Total interest      Approximate % of Company's 
                          in Shares following      issued share capital 
                           this notification 
 Pedro Simoes     CEO           30,262                    0.40% 
                ------  ---------------------  --------------------------- 
   Chris Lea      CFO           39,344                    0.52% 
                ------  ---------------------  --------------------------- 
 

For further information:

 
IndigoVision Group 
 plc 
Chris Lea            [phone] 
 
N+1 Singer 
Sandy Fraser         [phone] 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                       Pedro Simoes 
      -----------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------ 
 a)    Position/status                            Chief Executive Officer 
      -----------------------------------------  ----------------------------------- 
 b)    Initial notification                       Initial 
        /Amendment 
      -----------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------ 
 a)    Name                                       IndigoVision Group plc 
      -----------------------------------------  ----------------------------------- 
 b)    LEI                                        213800UTDZWYBP2YR191 
      -----------------------------------------  ----------------------------------- 
 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 of the                         Ordinary shares of 1 pence each 
        financial instrument, 
        type of instrument 
                                                   GB0032654534 
        Identification code 
      -----------------------------------------  ----------------------------------- 
 b)    Nature of the transaction                  Purchase 
      -----------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)                            Price             Volume 
      -----------------------------------------  ---------------------  ------------ 
                                GBP1.7312                                   2,078 
  --------------------------------------------------------------------  ------------ 
 d)    Aggregated information 
 
        - Aggregated volume                         n/a 
 
        - Price 
      -----------------------------------------  ----------------------------------- 
 e)    Date of the transaction                    7 May 2019 
      -----------------------------------------  ----------------------------------- 
 f)    Place of the transaction                   London Stock Exchange 
      -----------------------------------------  ----------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                       Chris Lea 
      -----------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------ 
 a)    Position/status                            Chief Financial Officer 
      -----------------------------------------  ----------------------------------- 
 b)    Initial notification                       Initial 
        /Amendment 
      -----------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------ 
 a)    Name                                       IndigoVision Group plc 
      -----------------------------------------  ----------------------------------- 
 b)    LEI                                        213800UTDZWYBP2YR191 
      -----------------------------------------  ----------------------------------- 
 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 of the                         Ordinary shares of 1 pence each 
        financial instrument, 
        type of instrument 
                                                   GB0032654534 
        Identification code 
      -----------------------------------------  ----------------------------------- 
 b)    Nature of the transaction                  Purchase 
      -----------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)                            Price             Volume 
      -----------------------------------------  ---------------------  ------------ 
                                GBP1.7312                                   2,080 
  --------------------------------------------------------------------  ------------ 
 d)    Aggregated information 
 
        - Aggregated volume                         n/a 
 
        - Price 
      -----------------------------------------  ----------------------------------- 
 e)    Date of the transaction                    7 May 2019 
      -----------------------------------------  ----------------------------------- 
 f)    Place of the transaction                   London Stock Exchange 
      -----------------------------------------  ----------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 09, 2019 02:00 ET (06:00 GMT)