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Correction: Director/PDMR Shareholding

25 Jun 2009 15:48

RNS Number : 5315U
IFG Group PLC
25 June 2009
 



Pleased be advised that the following replaces the Director/PDMR Shareholding announcement released on 25 June 2009 at 14:58 under RNS number 5241U. The Price per share or value of transaction should have read 70 pence sterling per ordinary share and not 90 pence sterling per ordinary share as previously announced. All other details remain unchanged. The full amended text appears below.

SCHEDULE 11

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Notes: This form is intended for use by an issuer to make a RIS notification required by the Market Abuse Rules and section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

 

(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

 

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24

 

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

 

All relevant boxes should be completed in block capital letters

1

Name of the Issuer

IFG GROUP PLC

2

State whether the notification relates to:

a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii).

both (i) and (ii)

3

Name of person discharging managerial responsibilities/director

DECLAN KENNY, A DIRECTOR

4

State whether notification realties to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

NOT APPLICABLE

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

HOLDING OF DIRECTOR

6

Description of shares (including class) debentures or derivatives or financial instruments relating to shares

€0.12 ORDINARY SHARES OF IFG GROUP PLC

7

Name or registered shareholder(s) and, if more than one, number of shares held by each of them

DECLAN KENNY - 59,084 ORDINARY SHARES

SOREDA LIMITED - 274,000 ORDINARY SHARES

EXCELLERATEHRO SHARE PLAN SERVICES (GUERNSEY) LIMITED - 250,000 ORDINARY SHARES (CONDITIONAL - SUBJECT TO RULES OF IFG GROUP PLC LONG TERM INCENTIVE PLAN)

8

State the nature of the transaction

SALE OF ORDINARY SHARES BY DIRECTOR

PURCHASE OF ORDINARY SHARES BY A COMPANY ASSOCIATED AND CONNECTED WITH THE DIRECTOR'S FAMILY

9

Number of shares, debentures or financial instruments relating to shares acquired

274,000 ORDINARY SHARES

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.37%

11

Number of shares, debentures or financial instruments relating to shares disposed

274,000 ORDINARY SHARES

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.37%

13

Price per share or value of transaction

70 PENCE STERLING PER ORDINARY SHARE

14

Date and place of transaction

LONDON 24 JUNE 2009

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

DECLAN KENNY 59,084 ORDINARY SHARES AND 0.08%

SOREDE LIMITED 274,000 ORDINARY SHARES AND 0.37% 

250,000 ORDINARY SHARES (CONDITIONAL) AND 0.33%

16

Date issuer informed of transaction

24 JUNE 2009

If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes:

17

Date of grant

NOT APPLICABLE

18

Period during which or date on which it can be exercised

NOT APPLICABLE

19

Total amount paid (if any) for grant of the option

NOT APPLICABLE

20

Description of shares or debentures involved (class and number)

NOT APPLICABLE

21

Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise

NOT APPLICABLE

22

Total number of shares or debentures over which options are held following notification

NOT APPLICABLE

23

Any additional information

NONE

24

Name of contact and telephone number for queries

DONAL LYNCH 

2752809

Name and signature of authorised officer of issuer responsible for making notification

 DM LYNCH

 Date of notification 25 JUNE 2009

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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