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30 Jun 2017 14:21
IG Design Group plc ("the Company")
Block Admission and Update
The Company announces that an application has been made to AIM for a block admission in respect of 1,319,920 ordinary shares of 5p each ("Ordinary Shares") in the share capital of the Company (the "Block Admission"). This Block Admission will be used to satisfy the issue of shares pursuant to exercises of options under the Company's LTIP 2014-2017 scheme.
An application has been made for the new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on 6 July 2017. The Company's issued share capital will not change as a result of the Block Admission.
Further to the announcement by the Company on 5 January 2017, the Company also announces that zero Ordinary Shares have been issued since that date pursuant to the Company's 2008 Executive Share Option Plan and admitted to trading in accordance with the block listing applied for on 25 August 2010 (the "Block Listing"). An update in accordance with Schedule 6 of the AIM Rules for Companies is set out below, which includes the Ordinary Shares to be admitted under the Block Admission.
The Company holds no shares in treasury and hence the total number of current voting rights is 62,641,833. The Company will notify on a monthly basis when there are changes to the issued share capital, and these monthly figures may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
30 June 2017
For further information, please contact:
IG Design Group plc Tel: 01525 887310
Paul Fineman, Chief Executive
Anthony Lawrinson, Chief Financial Officer
Cenkos Securities plc Tel: 0207 397 8900
Bobbie Hilliam
FTI Consulting Tel: 020 3727 1000
Jonathon Brill
Tom Hufton
BLOCK LISTING SIX MONTHLY RETURN
Name of applicant: | IG Design Group plc | |||
Name of scheme: | International Greetings plc 2008 Executive Share Option Plan and LTIP 2014-2017 scheme | |||
Period of return | From: | 30 December 2016 | To: | 30 June 2017 |
Balance of unallotted securities under scheme(s) from previous return: | 710,000 | |||
Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for): | 1,319,920 | |||
Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G): | Nil | |||
Less: Number of options in the 2008 Executive Share Option Plan that have lapsed during the period: | Nil | |||
Equals: Balance under scheme(s) not yet issued/allotted at end of period | 2,029,920 | |||
Name of contact: | Anthony Lawrinson | |||
Telephone number of contact: | 01525 887310 | |||
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