IG Group Holdings PLC

Director's Dealing • Aug 10, 2020

National Storage Mechanism | Additional information

RNS Number : 6869V

IG Group Holdings plc

10 August 2020

IG Group Holdings plc

LEI No: 2138003A5Q1M7ANOUD76

10 August 2020

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs")

IG Group Holdings Plc (the "Company"), a global leader in online trading, gives notice of the following transactions carried out in respect of the Company's ordinary shares of 0.005p each (the "Ordinary Shares") by Executive Directors and other PDMRs (together "PDMRs"), details of which are set out in the Notification of Transactions by PDMRs in this announcement as required by the EU Market Abuse Regulation.

1.         Sustained Performance Plan ("SPP"): Award of par cost options on 6 August 2020

The share price used to determine the number of options awarded is £7.428, based on the average of the closing prices of the previous 10 days as is required by the rules of the SPP.

PDMR	Number of Shares
Bridget Messer	193,707
Jonathan Noble	193,707
Michelle Eardley	42,406
Joe McCaughran	65,441
Matt Brief	65,441
Simon Myers	68,059

2.         Sustained Performance Plan ("SPP"): Exercise of par cost options and Sale of Shares

On 6 August 2020, the Company received exercise notices from PDMRs exercising, at nominal value, the options which have vested under the SPP. On 6 August 2020 the Company also received notice of share sales and transfers from the PDMRs and Closely Associated Persons as set out in the table below:

PDMR	SPP Grant	Number of Shares Exercised	Number of Shares Sold	Price per share sold
Bridget Messer	SPP 2014 SPP 2015 SPP 2016 SPP 2017 SPP 2018 SPP 2019 SPP 2020 Total	2,074 2,167 7,333 5,765 18,659 11,475 64,569 112,042	2,074 2,167 7,333 5,765 18,659 11,475 64,569 112,042	£7.3529
Jonathan Noble	SPP 2014 SPP 2015 SPP 2016 SPP 2017 SPP 2018 SPP 2019 SPP 2020 Total	3,033 3,070 8,473 5,765 18,659 11,475 64,569 115,044	3,033 3,070 8,473 5,765 18,659 11,475 64,569 115,044	£7.3529
Michelle Eardley	SPP 2017 SPP 2018 SPP 2019 Total	2,220 7,188 3,768 13,176	2,220 7,188 3,768 13,176	£7.3529
Joe McCaughran	SPP 2017 SPP 2018 SPP 2019 Total	1,114 10,698 5,815 17,627	0 0 0 0	N/A
Matt Brief	SPP 2016 SPP 2017 SPP 2018 SPP 2019 Total	2,933 3,228 10,449 5,815 22,425	0 0 0 0	N/A
Simon Myers	SPP 2019	2,063	2,063	£7.3529

3.         Purchase of Shares under the Company's Share Incentive Plan ("SIP")

The Company operates a HMRC tax advantaged SIP, which is open to all UK based employees. If employees participating in the SIP retain their purchased shares and remain employed on the third anniversary of the purchase, additional matching shares will vest on a one-for one basis.

The Company was today advised by the Trustees of the SIP that on 6 August 2020, the following transactions were made under the SIP:

Director/PDMR	Partnership Shares	Purchase Price per share
Michelle Eardley	242	£7.4366
Joe McCaughran	242	£7.4366
Simon Myers	242	£7.4366

For furtther information, please contact

IG Group:

Investors contact

Liz Scorer, Head of Investor Relations                                     +44 20 7573 0727

investors@ig.com

Press contact

Ramon Kaur, Head of Communications                                  +44 20 7573 0060

press@ig.com

About IG

IG empowers informed, decisive, adventurous, people to access opportunities in over 17,000 financial markets. With a strong focus on innovation and technology, the company puts client needs at the heart of everything it does.

IG's vision is to provide the world's best trading experience. Established in 1974 as one of the world's first providers of financial derivatives to retail traders, it continued leading the way by launching the world's first online and iPhone trading services.

IG is an award-winning, multi-product trading company which allows retail, professional and institutional clients to trade 24 hours a day, 7 days a week*. IG is the world's No.1 provider of CFDs** and a global leader in forex. It provides leveraged services with the option of limited-risk guarantees and offers an execution-only stock trading service in the UK, Australia, Germany, France, Ireland, Austria and the Netherlands. IG has a range of affordable, fully managed investment portfolios, which provide a comprehensive offering to investors and active traders.

IG is a member of the FTSE 250, with offices across Europe, including a Swiss bank, Africa, Asia-Pacific, the Middle East and North America. IG Group Holdings plc holds a long-term investment grade credit rating of BBB- with a stable outlook from Fitch Ratings.

*Excluding 10pm Friday (GMT) to 8am Saturday (GMT)

**Based on revenue excluding FX (from published financial statements, June 2020)

IG Group Holdings plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bridget Messer

2

Reason for the notification

a)

Position/status

Chief Commercial Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IG Group Holdings Plc

b)

LEI

2138003A5Q1M7ANOUD76

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005pence

GB00B06QFB75

b)

Nature of the transaction

Award  of par cost options under the 2020 IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	193,707

d)

Aggregated information

Aggregated volume

Price

193,707

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Exercise of par cost options under the IG Group 2014, 2015, 2016, 2017 2018, 2019 and 2020 Sustained Performance Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
2014: 0.005pence per share 2015: 0.005pence per share 2016: 0.005pence per share 2017: 0.005pence per share 2018: 0.005pence per share 2019: 0.005pence per share 2020: 0.005pence per share	2,074 2,167 7,333 5,765 18,659 11,475 64,569

d)

Aggregated information

Aggregated volume

Price

112,042

£5.60

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Sale of shares following exercise of options under the IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£7.3529 per share	112,042

d)

Aggregated information

Aggregated volume

Price

112,042

£823,833.62

e)

Date of the transaction

6 August 2020

f)

Place of transaction

London Stock Exchange (XLON)

IG Group Holdings plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jonathan Noble

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IG Group Holdings Plc

b)

LEI

2138003A5Q1M7ANOUD76

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Award  of par cost options under the 2020 IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	193,707

d)

Aggregated information

Aggregated volume

Price

193,707

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Exercise of par cost options under the IG Group 2014, 2015, 2016, 2017, 2018, 2019 and 2020 Sustained Performance Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
2014: 0.005pence per share 2015: 0.005pence per share 2016: 0.005pence per share 2017: 0.005pence per share 2018: 0.005pence per share 2019: 0.005pence per share 2020: 0.005pence per share	3,033 3,070 8,473 5,765 18,659 11,475 64,569

d)

Aggregated information

Aggregated volume

Price

115,044

£5.75

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Sale of shares following exercise of options under the IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£7.3529	115,044

d)

Aggregated information

Aggregated volume

Price

115,044

£845,907.03

e)

Date of the transaction

6 August 2020

f)

Place of transaction

London Stock Exchange (XLON)

IG Group Holdings plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michelle Eardley

2

Reason for the notification

a)

Position/status

Chief People Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IG Group Holdings Plc

b)

LEI

2138003A5Q1M7ANOUD76

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005pence

GB00B06QFB75

b)

Nature of the transaction

Award of par cost options under the 2020 IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	42,406

d)

Aggregated information

Aggregated volume

Price

42,406

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Exercise of par cost options under the IG Group 2017, 2018 and 2019 Sustained Performance Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
2017: 0.005pence per share 2018: 0.005pence per share 2019: 0.005pence per share	2,220 7,188 3,768

d)

Aggregated information

Aggregated volume

Price

13,176

£0.66

e)

Date of the transaction

6  August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Sale of shares following exercise of options under the IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£7.3529 per share	13,176

d)

Aggregated information

Aggregated volume

Price

13,176

£96,881.81

e)

Date of the transaction

6 August 2020

f)

Place of transaction

London Stock Exchange (XLON)

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Purchase of Partnership Shares under the IG Group Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£7.4366	242

d)

Aggregated information

Aggregated volume

Price

242

£1,799.66

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

London Stock Exchange (XLON)

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005pence

GB00B06QFB75

b)

Nature of the transaction

Award of Matching Shares under the IG Group Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	242

d)

Aggregated information

Aggregated volume

Price

242

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

IG Group Holdings plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Joe McCaughran

2

Reason for the notification

a)

Position/status

Chief Risk Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IG Group Holdings Plc

b)

LEI

2138003A5Q1M7ANOUD76

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005pence

GB00B06QFB75

b)

Nature of the transaction

Award of par cost options under the 2019 IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	65,441

d)

Aggregated information

Aggregated volume

Price

65,441

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Exercise of par cost options under the IG Group 2017, 2018 and 2019 Sustained Performance Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
2017: 0.005pence per share 2018: 0.005pence per share 2019: 0.005pence per share	1,114 10,698 5,815

d)

Aggregated information

Aggregated volume

Price

17,627

£0.88

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Purchase of Partnership Shares under the IG Group Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£7.4366 per share	242

d)

Aggregated information

Aggregated volume

Price

242

£1,799.66

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

London Stock Exchange (XLON)

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005pence

GB00B06QFB75

b)

Nature of the transaction

Award of Matching Shares under the IG Group Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	242

d)

Aggregated information

Aggregated volume

Price

242

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

IG Group Holdings Plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Matt Brief

2

Reason for the notification

a)

Position/status

Chief Product Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IG Group Holdings Plc

b)

LEI

2138003A5Q1M7ANOUD76

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005pence

GB00B06QFB75

b)

Nature of the transaction

Award of par cost options under the 2020 IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	65,441

d)

Aggregated information

Aggregated volume

Price

65,441

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Exercise of par cost options under the IG Group 2016, 2017, 2018, 2019 Sustained Performance Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
2016: 0.005pence per share 2017: 0.005pence per share 2018: 0.005pence per share 2019: 0.005pence per share	2,933 3,228 10,449 5,815

d)

Aggregated information

Aggregated volume

Price

22,425

£1.12

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

IG Group Holdings Plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Myers

2

Reason for the notification

a)

Position/status

IT Director 

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IG Group Holdings Plc

b)

LEI

2138003A5Q1M7ANOUD76

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005pence

GB00B06QFB75

b)

Nature of the transaction

Award of par cost options under the 2020 IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	68,059

d)

Aggregated information

Aggregated volume

Price

68,059

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Exercise of par cost options under the IG Group 2019 Sustained Performance Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
2019: 0.005pence per share	2,063

d)

Aggregated information

Aggregated volume

Price

2,063

£0.10

e)

Date of the transaction

6  August 2020

f)

Place of the transaction

Outside a trading venue

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Sale of shares following exercise of options under the IG Group Sustained Performance Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£7.3529 per share	2,063

d)

Aggregated information

Aggregated volume

Price

2,063

£15,169.03

e)

Date of the transaction

6 August 2020

f)

Place of transaction

London Stock Exchange (XLON)

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005 pence

GB00B06QFB75

b)

Nature of the transaction

Purchase of Partnership Shares under the IG Group Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£7.4366 per share	242

d)

Aggregated information

Aggregated volume

Price

242

£1,799.66

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

London Stock Exchange (XLON)

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 financial instrument, type of instrument

Identification code

Ordinary Shares of 0.005pence

GB00B06QFB75

b)

Nature of the transaction

Award of Matching Shares under the IG Group Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	242

d)

Aggregated information

Aggregated volume

Price

242

0.00

e)

Date of the transaction

6 August 2020

f)

Place of the transaction

Outside a trading venue

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END

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