IndigoVision Group PLC PDMR Shareholding (4383O)

TIDMIND

RNS Number : 4383O

IndigoVision Group PLC

18 August 2017

18 August 2017

IndigoVision Group plc

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 August 2017, 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 GBP2.238 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 August 2017, 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 previously purchased in the market by the Trustee.

Details of the PDMR 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 
----------------  ----------------  -------------------  ----------------  ----------- 
                   Regional Sales 
                      Director - 
 Dean Brazenall          EMEA               804                 804           1,608 
----------------  ----------------  -------------------  ----------------  ----------- 
 

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 % 
                                       in Shares following    of Company's issued 
                                        this notification        share capital 
----------------  -----------------  ---------------------  --------------------- 
                       Regional 
                    Sales Director 
 Dean Brazenall         - EMEA               6,848                  0.09% 
----------------  -----------------  ---------------------  --------------------- 
 

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                               Dean Brazenall 
----  --------------------------------  ------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position/status                   Regional Sales Director - 
                                          EMEA 
----  --------------------------------  ------------------------------ 
 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                    Ordinary shares of 1 pence 
        the financial                     each 
        instrument, type 
        of instrument 
                                          GB0032654534 
        Identification 
        code 
----  --------------------------------  ------------------------------ 
 b)    Nature of the                     Purchase 
        transaction 
----  --------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)                 Price           Volume 
----  --------------------------------  -----------------  ----------- 
                          GBP2.238                            1,608 
  -------------------------------------------------------  ----------- 
 d)    Aggregated information 
 
        - Aggregated volume                1,608 
 
        - Price                            GBP2.238 
----  --------------------------------  ------------------------------ 
 e)    Date of the transaction           7 August 2017 
----  --------------------------------  ------------------------------ 
 f)    Place of the transaction          London Stock Exchange 
----  --------------------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 18, 2017 08:30 ET (12:30 GMT)