14th Aug 2013 16:44
IG Group Holdings plc14 August 2013
Notification of transactions of directors, persons discharging managerial responsibility or connected persons
IG Group Holdings Plc (the "Company") was notified on 13 August 2013 of transactions carried out by a director 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. Exercise of options under the Long Term Bonus Plan
On 13 August 2013, Chris Hill exercised nil-cost options (awarded under the Company's Long Term Bonus Plan representing a deferred element of his FY11 and FY12 cash bonus and the corresponding dividend equivalents, which accrued to vesting). The Company elected to cash settle the options according to a formula set down in the Plan, the cash settlement being subject to tax and National Insurance.
Date and place of transaction | Nature of transaction | Price per share | |
1 | 13/08/2013 London | Exercise of nil-cost options over 98,589 shares via cash settlement in accordance with the Company's Long Term Bonus Plan | 584.33 pence |
2. Purchase of Shares
On 13 August 2013 Chris Hill purchased 34,500 Ordinary Shares at a price of 572.25 pence per share.
Date and place of transaction | Nature of transaction | Price per share | Shareholding before the transaction | Shareholding after the transaction | |
1 | 13/08/2013 London | Purchase of 34,500 Ordinary Shares
| 572.25 pence | 587 Ordinary Shares | 35,087 Ordinary Shares |
For further information please contact:
IG GroupKieran McKinneyHead of Investor Relations 020 7573 0026
FTINeil Doyle / Ed Berry 020 7269 7237 / 7297
Related Shares:
IG