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Director/PDMR Shareholding Notification

14 Sep 2017 09:39

RNS Number : 7503Q
IFG Group PLC
14 September 2017
 

14 September 2017

 

IFG GROUP PLC

(the "Company")

 

Director/ PDMR Shareholding Notification

 

 

IFG Group plc announces that on 12 September 2017 it granted nil cost options of 462,014 ordinary shares of €0.12 each in the Company to employees and Directors under the terms of the 2015 Share Option Plan, 362,014 options were granted to PDMRs as detailed below.

 

PDMR

Number of ordinary shares subject to the award

 

John Cotter

Group Chief Executive Officer

296,194

David Edwards

Group Chief Risk Officer

65,820

 

The awards would vest in three years' time subject to continued employment and satisfaction of performance conditions.

 

Details of the transaction are included in the individual disclosures set below.

 

-ENDS-

 

 

For further information, please contact:

 

John Cotter, Group Chief Executive Tel: +44 203 887 6181 Andrew Price, Group Chief Financial Officer Tel: +44 203 887 6181

 

 

The notifications below are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

John Cotter

 

2

Reason for the notification

 

a)

Position/status

Group Chief Executive Officer

b)

Initial Notification Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IFG Group plc

 

b)

LEI

213800DDLICUJ14JTY47

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument,

type of

instrument

Identification code

Ordinary Shares of €0.12 each

 

 

 

ISIN IE0002325243

b)

Nature of the transaction

Grant of options under the IFG Group plc 2015 Share Option Plan

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

167p (exercise price)

296,194

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

296,194

167p (exercise price)

Subject to performance conditions

e)

Date of the transaction

12 September 2017

f)

Place of the transaction

Irish Stock Exchange

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

David Edwards

 

2

Reason for the notification

 

a)

Position/status

Group Chief Risk Officer

b)

Initial Notification Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IFG Group plc

 

b)

LEI

213800DDLICUJ14JTY47

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument,

type of

instrument

Identification code

Ordinary Shares of €0.12 each

 

 

 

ISIN IE0002325243

b)

Nature of the transaction

Grant of options under the IFG Group plc 2015 Share Option Plan

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

167p (exercise price)

65,820

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

65,820

167p (exercise price)

subject to performance conditions

e)

Date of the transaction

12 September 2017

f)

Place of the transaction

Irish Stock Exchange

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

 

 

 

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