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IG DESIGN GROUP PLC — Director's Dealing 2019
Mar 15, 2019
7700_dirs_2019-03-15_b838a12c-3915-449a-8876-d2b1381f60bd.html
Director's Dealing
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RNS Number : 0756T
IG Design Group PLC
15 March 2019
15 March 2019
IG Design Group Plc
('Design Group' or the 'Company')
Long Term Incentive Plan Awards
The Company announces that on 14 March 2019, it awarded a total of 441,593 nil cost options ("Options") over ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") to Paul Fineman, Chief Executive, Giles Willits, Chief Financial Officer, and Lance Burn, Executive Director, under the Company's 2018-21 Long Term Incentive Plan ("LTIP").
Details of the awards made to each Director and their resulting interests in the Company are detailed in the table below.
| Existing Option awards | New Option award | |||||
| Director | Ordinary Shares | LTIP 2014-17 (Vested) | LTIP 2015-18 (Vested) | LTIP 2016-19 (Not vested) |
LTIP 2017-20 (Not vested) |
LTIP 2018-2021 (Not vested) |
| Paul Fineman* | 2,369,334 | - | 312,916 | 226,791 | 132,443 | 204,675 |
| Giles Willits | 93,573 | - | - | - | 172,454 | 128,654 |
| Lance Burn | - | 133,678 | 192,963 | 111,882 | 62,296 | 108,264 |
*Paul Fineman also has a non-beneficial interest in an additional 174,608 Ordinary Shares
The above awards are subject to relevant performance criteria being achieved.
For further information, please contact:
| IG Design Group Plc Paul Fineman, CEO Giles Willits, CFO |
Tel: +44 (0)1525 887310 |
| Canaccord Genuity Limited (Nomad and Broker) Bobbie Hilliam Alex Aylen - Sales |
Tel: +44 (0)20 7523 8000 |
| Alma PR Rebecca Sanders-Hewett Susie Hudson Sam Modlin |
Tel: +44 (0)20 3405 0209 |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Paul Fineman | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | Chief Executive | |
| b) | Initial Notification/Amendment: | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
| a) | Name: | IG Design Group plc | |
| b) | LEI: | 213800J8I5XDZ3JU8496 | |
| 4. | Details of 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: Identification code: |
Options over Ordinary Shares of 5 pence each ISIN: GB0004526900 |
|
| b) | Nature of the transaction: | Award of nil cost options, conditional on future performance | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| nil | 204,675 | ||
| d) | Aggregated volume: Price: |
N/A - Single transaction | |
| e) | Date of the Transaction: | 14 March 2019 | |
| f) | Place of the Transaction: | Outside trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Giles Willits | |
| 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 participation, auction platform, auctioneer or auction monitor | ||
| a) | Name: | IG Design Group plc | |
| b) | LEI: | 213800J8I5XDZ3JU8496 | |
| 4. | Details of 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: Identification code: |
Options over Ordinary Shares of 5 pence each ISIN: GB0004526900 |
|
| b) | Nature of the transaction: | Award of nil cost options, conditional on future performance | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| nil | 128,654 | ||
| d) | Aggregated volume: Price: |
N/A - Single transaction | |
| e) | Date of the Transaction: | 14 March 2019 | |
| f) | Place of the Transaction: | Outside trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Lance Burn | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | Executive Director | |
| b) | Initial Notification/Amendment: | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
| a) | Name: | IG Design Group plc | |
| b) | LEI: | 213800J8I5XDZ3JU8496 | |
| 4. | Details of 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: Identification code: |
Options over Ordinary Shares of 5 pence each ISIN: GB0004526900 |
|
| b) | Nature of the transaction: | Award of nil cost options, conditional on future performance | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| nil | 108,264 | ||
| d) | Aggregated volume: Price: |
N/A - Single transaction | |
| e) | Date of the Transaction: | 14 March 2019 | |
| f) | Place of the Transaction: | Outside trading venue |
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 [email protected] or visit www.rns.com.
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