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IG Group Holdings PLC
Remuneration Information • Jan 27, 2025
4837_dirs_2025-01-27_40417cf7-fc35-4952-aa19-880858d72d0b.html
Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 8195U
IG Group Holdings plc
27 January 2025
IG Group Holdings plc
LEI No: 2138003A5Q1M7ANOUD76
27 January 2025
IG Group Holdings plc
(the 'Company')
NOTIFICATION OF TRANSACTION OF A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR")
IG Group Holdings plc gives notice about conditional awards granted to Clifford Abrahams, Chief Financial Officer and Executive Director of the Company, details of which are set out in the Notification of Transactions by a PDMR in this announcement as required by the EU Market Abuse Regulation.
Buyout Awards
Conditional awards were made to Clifford Abrahams over the Company's ordinary shares ("Shares") on 24 January 2025 in relation to his joining the Company and being appointed as an Executive Director and Chief Financial Officer of IG Group, as announced on 30 October 2024. In connection with Mr Abrahams agreeing to take up employment with the Company, it was agreed that the buy-out awards (the "Buy-Out Awards") would be made to him as compensation for incentives forfeited on leaving his previous employer, Virgin Money UK plc ("VM"). The Buy-Out Awards have been approved by the Company's Remuneration Committee.
The Buy-Out Awards will vest subject to Mr Abrahams' continued service with the Company, they are not subject to any performance conditions:
| Award | Number of Shares subject to Award | Vesting Date |
| Replacement 2022 LTIP | 620 | 9 December 2025 |
| 620 | 9 December 2026 | |
| 620 | 9 December 2027 | |
| 620 | 9 December 2028 | |
| 620 | 9 December 2029 | |
| Replacement 2023 LTIP | 4,293 | 8 December 2026 |
| 4,293 | 8 December 2027 | |
| 4,293 | 8 December 2028 | |
| 4,293 | 8 December 2029 | |
| 4,293 | 8 December 2030 |
The Buyout Award was granted pursuant to Listing Rule 9.3.2(2) and will be limited to settlement with Shares purchased in the market .
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Clifford Abrahams
2
Reason for the notification
a)
Position/status
Chief Financial 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
Conditional awards of Shares in compensation for awards forfeited on Mr Abrahams' resignation from his previous employer
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 24,565 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
24 January 2025
f)
Place of the transaction
Outside a trading venue
| Company Secretariat | IG Group Investors | FTI Consulting |
| Aurelia Gibbs | Martin Price | Edward Berry / Katherine Bell |
| 020 7896 0011 | 020 7573 0020 | 07703 330 199 / 079 7687 0961 |
| [email protected] | [email protected] | [email protected] |
About IG
IG Group (LSEG:IGG) provides online trading platforms and educational resources to empower ambitious clients around the globe. Headquartered in the UK, IG Group is a FTSE 250 company that offers clients access to c.19,000 financial markets worldwide.
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