20 May 2009 14:32
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.
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: (i) 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 FRANK RYAN, 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 THE RYAN PENSION TRUST |
| 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 AND FRANK RYAN AS A BENEFICIARY OF THE RYAN PENSION TRUST | 6 | Description of shares (including class) debentures or derivatives or financial instruments relating to shares 12 CENT 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 FRANK RYAN- 134,237 ORDINARY SHARES THE RYAN PENSION TRUST - 285,476 ORDINARY SHARES EXCELLERATEHRO SHARE PLAN SERVICES (GUERNSEY) LIMITED - 416,667 ORDINARY SHARES (CONDITIONAL - SUBJECT TO RULES OF IFG GROUP LTIP) | 8 | State the nature of the transaction SALE OF ORDINARY BY FRANK RYAN PURCHASE OF ORDINARY SHARES BY THE RYAN PENSION TRUST |
| 9 | Number of shares, debentures or financial instruments relating to shares acquired 100,000 ORDINARY SHARES | 10 | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.13.% |
| 11 | Number of shares, debentures or financial instruments relating to shares disposed 100,000 ORDINARY SHARES | 12 | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 0.13% |
| 13 | Price per share or value of transaction 100 CENT PER ORDINARY SHARE | 14 | Date and place of transaction 19 MAY 2009 - DUBLIN |
| 15 | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 419,713 SHARES AND 0.56% AND 416,667 ORDINARY SHARES (CONDITIONAL) AND 0.55% | 16 | Date issuer informed of transaction 20 MAY 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 NOT APPLICABLE | 24 | Name of contact and telephone number for queries DONAL LYNCH (01) 2752809 |
| Name and signature of authorised officer of issuer responsible for making notification Donal Lynch____________________________________________________ Date of notification 20 May 2009 |
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.
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: (i) 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). (iii) both (i) and (ii) |
| 3 | Name of person discharging managerial responsibilities/director MARK BOURKE, A DIRECTOR | 4 | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person THE LEESON PENSION TRUST |
| 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 MARK BOURKE AND MARK BOURKE AS A BENEFICIARY OF THE LEESON PENSION TRUST | 6 | Description of shares (including class) debentures or derivatives or financial instruments relating to shares 12 CENT 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 MARK BOURKE - 17,986 ORDINARY SHARES DAVYCREST NOMINEES LIMITED A/C 0120031 REF THE LEESON PENSION TRUST - 535,289 ORDINARY SHARES EXCELLERATEHRO SHARE PLAN SERVICES (GUERNSEY) LIMITED - 416,666 ORDINARY SHARES (CONDITIONAL - SUBJECT TO RULES OF IFG GROUP LTIP) | 8 | State the nature of the transaction SALE OF ORDINARY SHARES BY MARK BOURKE PURCHASE OF ORDINARY SHARES BY THE LEESON PENSION TRUST |
| 9 | Number of shares, debentures or financial instruments relating to shares acquired 400,000 ORDINARY SHARES | 10 | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.53% |
| 11 | Number of shares, debentures or financial instruments relating to shares disposed 400,000 ORDINARY SHARES | 12 | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 0.53% |
| 13 | Price per share or value of transaction 100 CENT PER SHARE | 14 | Date and place of transaction(s) 19 MAY 2009 DUBLIN |
| 15 | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 553,275 SHARES AND 0.74% AND 416,666 ORDINARY SHARES (CONDITIONAL) AND 0.55% | 16 | Date issuer informed of transaction 19 MAY 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 NOT APPLICABLE | 24 | Name of contact and telephone number for queries DONAL LYNCH 01 2752809 |
| Name and signature of authorised officer of issuer responsible for making notification D.M. Lynch__________donal.lynch@ifg.ie__________________ Date of notification 20 May 2009 |