6th Aug 2014 15:46
LONDON (Alliance News) - IG Group Holdings PLC Wednesday said a group of executives exercised options and sold some shares under various share plans Tuesday.
Details are as follows.
Director | Date and place of transaction | Nature of transaction |
Tim Howkins | 5/08/2014 London | Exercise of nil-cost options over 147,938 shares (arising from deferred FY12 and FY13 bonus) via cash settlement in accordance with the Company's Long Term Bonus Plan |
Peter Hetherington | 5/08/2014 London | Exercise of nil-cost options over 25,340 shares (arising from deferred FY13 bonus) via cash settlement in accordance with the Company's Long Term Bonus Plan |
Christopher Hill | 5/08/2014 London | Exercise of nil-cost options over 22,783 shares (arising from deferred FY13 bonus) via cash settlement in accordance with the Company's Long Term Bonus Plan |
The following executives exercised options under the value sharing scheme.
Director/Manager | Date and place of transaction | Nature of transaction | Price per share |
Tim Howkins | 5/08/14 London | Exercise of nil-cost options to acquire 17,057 Ordinary Shares under Company's Value Sharing Plan, following the award made in 2010, vesting in 2013. Exercise of nil-cost options to acquire 14,298 Ordinary Shares under the Company's Value Sharing Plan, following the award made in 2011, vesting in 2014. | Nil |
Christopher Hill | 5/08/14 London | Exercise of nil-cost options to acquire 8,579 Ordinary Shares under the Company's Value Sharing Plan, following the award made in 2011, vesting in 2014. | Nil |
Peter Hetherington | 5/08/14 London | Exercise of nil-cost options to acquire 8,579 Ordinary Shares under the Company's Value Sharing Plan, following the award made in 2011, vesting in 2014. | Nil |
Jon Noble (Manager - CIO) | 5/08/14 London | Exercise of nil-cost options to acquire 4,114 Ordinary Shares under the Company's Value Sharing Plan, following the award made in 2011, vesting in 2014. | Nil |
Bridget Messer (Manager - Head of Legal & Compliance and Company Secretary) | 5/08/14 London | Exercise of nil-cost options to acquire 2,743 Ordinary Shares under the Company's Value Sharing Plan, following the award made in 2011, vesting in 2014. | Nil |
The following executives sold shares outlined in the table below.
Director/Manager | Date and place of transaction | Nature of transaction | Price per share |
Tim Howkins | 5/08/14 London | Sale of 113,071 Ordinary Shares | 615.13 pence |
Christopher Hill | 5/08/14 London | Sale of 57,271 Ordinary Shares | 616.50 pence |
Peter Hetherington | 5/08/14 London | Sale of 59,888 Ordinary Shares | 615.26 pence |
Jon Noble (Manger - CIO) | 5/08/14 London | Sale of 4,114 Ordinary Shares | 614 pence |
Bridget Messer (Manager - Head of Legal & Compliance and Company Secretary) | 5/08/14 London | Sale of 2,743 Ordinary Shares | 614 pence |
The total shareholding is as follows.
Director and Connected Persons | Shareholding prior to transactions | Shareholding following transactions |
Tim Howkins | 1,621,183 | 1,621,183 |
Christopher Hill | 35,428 | 43,928 |
Peter Hetherington | 114,267 | 124,267 |
The company's shares closed down 0.2% at 619.50 pence on Wednesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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