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Pin to quick picksDesign Group Regulatory News (IGR)

Share Price Information for Design Group (IGR)

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Completion of Second Tranche Placing

19 Sep 2018 11:10

RNS Number : 2684B
IG Design Group PLC
19 September 2018
 

19 September 2018

 

IG Design Group plc

("Design Group", the "Company" or the "Group")

 

Completion of Second Tranche Placing

Director/PDMR Shareholding

IG Design Group plc, a leading designer, innovator and manufacturer of celebration, gifting, stationery and creative play products, is pleased to confirm that, following admission of the Second Tranche Placing Shares at 8.00 a.m. today, the Second Tranche Placing has now completed.

 

Further to the significantly oversubscribed Placing as announced on 28 August 2018, the Company also notifies that AC Artistic Limited, a trust in which Anders Hedlund, a Non-Executive Director of the Company, holds a beneficial interest, has agreed to sell a total of 500,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") at the Placing Price of 510 pence per share.

 

Following the above transaction, the Hedlund family holds an interest in 23,068,994 Ordinary Shares, representing approximately 29.6% per cent. of the Company's issued share capital. Capitalised terms used, but not defined in this announcement shall have the same meaning as set out in the announcement dated 28 August 2018 with RNS number 9474Y.

 

 

For further information, please contact:

IG Design Group plc

Tel: 01525 887310

Paul Fineman, Chief Executive

Giles Willits, Chief Financial Officer

Cenkos Securities plc

Tel: 020 7397 8900

Stephen Keys

Harry Hargreaves

Alma PR

Tel: 0208 004 4217

Rebecca Sanders-Hewett

Susie Hudson

Sam Modlin

designgroup@almapr.co.uk

 

 

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

AC Artistic Limited

2

Reason for the notification

a)

Position/status

Person closely associated with Anders Hedlund, Founder and Deputy Chairman

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

IG Design Group plc

b)

LEI

213800J8I5XDZ3JU8496

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

Ordinary shares of 5 pence each

Identification code

ISIN: GB0004526900

b)

Nature of the transaction

Sale of ordinary shares

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

510 pence

500,000

d)

 

Aggregated information

- Aggregated volume

500,000

- Price

£2,550,000.00

e)

Date of the transaction

19 September 2018

f)

Place of the transaction

AIMX

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHBKLFFVKFBBBQ
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30th Sep 20229:36 amRNSEBT Share Purchase
29th Sep 20227:00 amRNSIntended Purchase of Shares by EBT

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