Design Group Regulatory News (IGR)

13 Sep 2007 07:01

International Greetings PLC13 September 2007 Directors' dealings International Greetings plc ("International Greetings" or the "Company")announces that it was notified on 12 September 2007 of the following marketpurchases of its ordinary shares made by its directors on 12 September 2007: Director Number of Holding Percentage of ordinary shares Purchase following issued share capital purchased Price purchase held (note 5) A Hedlund (note 1) 80,000 255 p 24,031,438 51.07%N Fisher (note 2) 20,000 255 p 2,520,448 5.36%P Fineman (note 3) 20,000 255 p 2,188,534 4.65%M Hornung (note 4) 12,000 255 p 499,576 1.06%M Collini 4,000 255 p 179,448 0.38%K James 4,000 255 p 10,562 0.02% Notes: (1) The interest of Mr Hedlund comprises a direct holding of 901,238 ordinary shares together with 20,310,400 ordinary shares registered in the name of Artistic AG and 2,819,800 ordinary shares registered in the name of Malios AG. Artistic AG and Malios AG are companies incorporated in Switzerland which are under the ultimate control of the Hedlund family. (2) The interest of Mr Fisher comprises a direct holding of 1,020,448 ordinary shares together with 1,500,000 ordinary shares registered in the name of Benalex Holdings Limited, a company incorporated in Jersey which is owned by a settlement of Mr Fisher for the benefit of himself and members of his family. (3) Mr Fineman also has a non-beneficial interest in 851,100 ordinary shares. (4) The interest of Mr Hornung comprises a direct holding of 315,019 ordinary shares together with 184,557 ordinary shares held by his pension fund. (5) The percentage of the issued capital held is based on 47,056,685 ordinary shares, being the total number of International Greetings ordinary shares currently in issue. Nick Fisher, joint chief executive of International Greetings, said: "The Directors are taking the opportunity of the recent short term weakness in the share price to add to their own individual holdings. We remain confident in the Company's strategy and in the long term prospects of our business." For further information: Nick Fisher, Joint Chief ExecutiveInternational Greetings plc 01707 630630 Jeremy Carey/Rachel DrysdaleTavistock Communications 020 7920 3150 Graeme Cull Arden Partners plc 0121 423 8960 This information is provided by RNS The company news service from the London Stock Exchange