3 Jun 2019 15:14
ICG: Notification of Transactions of Directors
Intermediate Capital Group PLC (the “Company”)
3 June 2019
Vesting of Share Awards/Notification of Transactions of Directors
The Company wishes to announce that the following ordinary shares of the Company vested under the terms of awards to Directors.
BENOIT DURTESTE
On 1 June 2019 the following number of ordinary shares of the Company vested under the terms of Deferred Share Awards and PLC Equity Awards made to Benoit Durteste under the Intermediate Capital Group Omnibus Plan:
Dates of Grant: 20 May 2014, 20 May 2015, 24 May 2016 and 25 May 2017
Aggregate Number of Shares Vested: 548,576
In accordance with the terms of the awards, the number above includes additional shares equivalent in value to the dividends payable on the vested shares between the date of Award and the date of their transfer to the Director.
The Director met certain liabilities for income tax and national insurance contributions on the vesting of his Awards by agreeing to sell the number of shares shown below in London on 1 June 2019 at a price of £13.14 per share.
Number of Shares Sold to Cover Tax: 257,834
Total Number of Shares Received: 290,742
As a consequence of the above transaction Benoit Durteste and his connected persons had an interest in 820,007 ordinary shares in the Company, representing approximately 0.28% of the total issued share capital (excluding treasury shares) of Intermediate Capital Group PLC.
PHILIP KELLER
On 1 June 2019 the following number of ordinary shares of the Company vested under the terms of Deferred Share Awards and PLC Equity Awards made to Philip Keller under the Intermediate Capital Group Omnibus Plan:
Dates of Grant: 20 May 2014, 20 May 2015, 24 May 2016 and 25 May 2017
Aggregate Number of Shares Vested: 345,688
In accordance with the terms of the awards, the number above includes additional shares equivalent in value to the dividends payable on the vested shares between the date of Award and the date of their transfer to the Director.
The Director met certain liabilities for income tax and national insurance contributions on the vesting of his Awards by agreeing to sell the number of shares shown below in London on 1 June 2019 at a price of £13.14 per share.
Number of Shares Sold to Cover Tax: 162,476
Total Number of Shares Received: 183,212
As a consequence of the above transaction Philip Keller and his connected persons had an interest in 624,650 ordinary shares in the Company, representing approximately 0.21% of the total issued share capital (excluding treasury shares) of Intermediate Capital Group PLC.
Investor Enquiries:
Ian StanlakeInvestor Relations, ICG plc+44 (0) 20 3201 7880
Media Enquiries:
Alicia WyllieCorporate Communications, ICG plc+44 (0) 20 3201 7994