IG Group Holdings PLC

Director's Dealing • Jul 30, 2013

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RNS Number : 5150K

IG Group Holdings plc

30 July 2013

IG Group Holdings plc

30 July 2013

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

IG Group Holdings Plc (the "Company") was notified on 29 July 2013 of transactions carried out by its directors in respect of the Company's ordinary shares of 0.005p each (the "Ordinary Shares"). This notice is being issued in accordance with DTR 3.1.4R(1) and DTR 3.1.5R.

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

The Company operates a HMRC approved SIP under which matching shares are provided up to a maximum of £1,500. The scheme is open to all UK based employees. For the 2013 SIP, employees that chose to invest the maximum of £1,500 received approximately 258 shares on 26 July 2013 and, if they remain employed at the end of 3 years after the transaction, the shares will be matched by the Company on a one-for one basis. Peter Hetherington and Christopher Hill each invested the maximum amount under the SIP.

Director	Date and place of transaction	Nature of transaction	Price per share	Shares held following transaction
Peter Hetherington	26/07/2013 London	Purchase: 258 Ordinary Shares under the SIP	580 pence	113,951 Ordinary Shares
Christopher Hill	26/07/2013 London	Purchase: 259 Ordinary Shares  under the  SIP	580 pence	587 Ordinary Shares

2.    Award of options to Directors under the Long Term Bonus Plan

As disclosed in the Company's 2009 Annual Report, and repeated in subsequent Annual Reports, there is an element of deferral in the Directors' performance related bonus scheme, meaning that the first £100,000 of any bonus plus one third of the remainder is to be paid in cash and the balance of the bonus (if any) is to be deferred into shares for at least one year, in accordance with the rules of the Company's Long Term Bonus Plan ("LTBP").  Deferral is to be achieved via the award of options to acquire the relevant number of the Company's shares at nil cost (or their cash equivalent) on the relevant vesting date.

On 29 July 2013, the Company made the following awards to Directors for bonuses earned for the year ended 31 May 2013, deferred in accordance with the LTBP.

Director	Date and place of transaction	Nature of transaction	Price per share *	Cash equivalent of award at date of issue	Shares held following transaction **
Tim Howkins	29/07/2013 London	Award of nil cost option to acquire 36,584 of the Company's shares due to deferral of cash bonus	545 pence	£199,383	3,401,692 Ordinary Shares
Peter Hetherington	29/07/2013 London	Award of nil cost option to acquire 24,396 of the Company's shares due to deferral of cash bonus	545 pence	£132,958	113,951 Ordinary Shares
Christopher  Hill	29/07/2013 London	Award of nil cost option to acquire 21,935 of the Company's shares due to deferral of cash bonus	545 pence	£119,546	587 Ordinary Shares

*      The price per share is based on the "Opening Market Value" which means the average of the middle market closing quotation of a share as derived from the Daily Official List of the London Stock Exchange for each business day in the period of three months ending on the last day of the financial year immediately preceding the date of grant

**     As the award can be cash settled on the vesting date, the award does not result in a change to the Directors' overall interest in the Company's shares

For further information, please contact:

IG Group

Kieran McKinney

Head of Investor Relations          020 7573 0026

FTI

Neil Doyle / Ed Berry     020 7269 7237 / 7297

This information is provided by RNS

The company news service from the London Stock Exchange

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