18th Sep 2015 09:29
18 September 2015
The Innovation Group plc
Notification of Transaction of Directors/Persons Discharging Managerial Responsibility
This notification is made by The Innovation Group plc ("Innovation" or "Company") in accordance with DTR 3.1.4(1)(a).
On 17 September 2015, Lewis Miller, Group Finance Director, acquired such number of ordinary shares of 2 pence each in the Company as set out in the table below in relation to awards exercised under the US Sharesave Plan granted on 27 June 2013.
Name of Director / PDMR | Total number of shares acquired on exercise | Name of Incentive Plan | Number of shares disposed of | Price per share received on acquisition (option price) |
Lewis Miller | 12,304
| 2013 US Sharesave Plan | Nil | 24.3788
|
The ordinary shares described in this notification became subject on acquisition to a Deed of Irrevocable Undertaking made between Lewis Miller and Axios Bidco Limited dated 28 August 2015.
The Company was informed of the above exercise on 17 September 2015.
Enquiries:
James Liddiard, Company Secretary | Tel: +44 (0) 1489 898 300 |
About The Innovation Group plc:
Innovation Group (LSE: TIG) is a global provider of insurance software solutions and business process services. With revenues of £209.8m and adjusted PBT of £27.5m in 2014, it employs over 3,000 people across the UK, Europe, North America, Asia Pacific and South Africa and works with 15 of the top 20 global insurance markets, 75% of the top 20 global P&C insurance companies and 3 of the world's top 5 fleet and lease management companies.
www.innovation-group.com
Related Shares:
Team Internet