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23 Sep 2025 12:11

RNS Number : 4795A
IG Design Group PLC
23 September 2025
 

23 September 2025

IG Design Group plc

(The 'Company' or 'Design Group')

Notifications of transactions by Persons Discharging Managerial Responsibilities

(together 'PDMRs')

The Company was notified on 22 September 2025 of the exercise of nil cost options over ordinary shares of 5 pence each ("Shares") in the Company under IG Design Group plc's Long Term Incentive Plan (the 'LTIP') by Joy Laws on 22 September 2025 as set out below. Sufficient Shares were sold to meet the income tax and national insurance liabilities arising from the exercise. The net Shares acquired have been retained by Joy Laws.

PDMR

Number of Shares

Under Option Exercised

Transaction Date

Number of Shares Sold

Share Price

Total Holding Following Exercise

Joy Laws, Group General Counsel & Company Secretary

10357

22 September 2025

4924

£0.5405

5433

 

The Company further announces that on 22 September 2025 (the 'Grant Date') the following awards in respect of Shares in the Company were made by way of nil cost option under the LTIP to PDMRs as set out below.

The awards are consistent with the terms set out in the Directors' Remuneration Report in the FY2025 Annual Report and Accounts.

The number of Shares subject to the options awarded has been calculated using a share price of 57.761 pence, being the average of the volume weighted average price of Shares on AIM for each of the 30 Dealing Days immediately preceding the Grant Date.

Award

PDMR

Number of Shares Under Option

Option Price

Holding Period

LTIP - Performance Share Award

 

Rohan Cummings, Chief Financial Officer

824,734

Nil

2 Years

LTIP - Performance Share Award

Joy Laws, Group General Counsel & Company Secretary

48,212

Nil

N/A

LTIP - Restricted Share Award

 

Joy Laws, Group General Counsel & Company Secretary

20,662

Nil

N/A

 

The Options under the LTIP will vest on 22 September 2028 subject to the achievement of performance conditions for the Performance Share Awards. Restricted Share Awards are not subject to performance conditions.

Vested options for Rohan Cummings will be subject to a two-year holding period.

If options vest, they will normally be exercisable until the tenth anniversary of the Grant Date.

The notification of dealing forms can be found below.

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

 

For further information, please contact:

IG Design Group plc

Stewart Gilliland, Interim Executive Chair

Rohan Cummings, Chief Financial Officer

Tel: +44 (0)1525 887310 

Canaccord Genuity Limited (Nomad and Broker)

Bobbie Hilliam

Elizabeth Halley-Stott

Tel: +44 (0)20 7523 8000

Alma Strategic Communications

Rebecca Sanders-Hewett

Sam Modlin

Will Merison

 

Tel: +44 (0)20 3405 0205

designgroup@almastrategic.com

Notification of dealing form

 

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Joy Laws

2

Reason for the notification

a)

Position/Status

PDMR & Group General Counsel & Company Secretary

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 transaction have been conducted

a)

Description of the financial instrument,

type of instrument Identification code

Ordinary Shares of 5 pence each

ISIN: GB0004526900

b)

Nature of the transaction

Exercise of Nil Cost Options under the IG Design Group plc's Long Term Incentive Plan

c)

Price(s) and volume (s)

Price(s)

Volume(s)

£Nil

10357

d)

Aggregated information

-Aggregated volume

-Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

22 September 2025

f)

Place of the transaction

Outside of Trading Venue

 

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Joy Laws

2

Reason for the notification

a)

Position/Status

PDMR & Group General Counsel & Company Secretary

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 transaction have been conducted

a)

Description of the financial instrument,

type of instrument Identification code

Ordinary Shares of 5 pence each

ISIN: GB0004526900

b)

Nature of the transaction

Sale of shares to cover tax and national insurance liabilities due to exercise of Long Term Incentive Plan Nil Cost Options

c)

Price(s) and volume (s)

Price(s)

Volume(s)

£0.5405

4924

d)

Aggregated information

-Aggregated volume

-Price

Aggregate Price

Aggregate Volume

Aggregate Total

£0.5405

4924

£2661.42

e)

Date of the transaction

22 September 2025

f)

Place of the transaction

AIM

 

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Rohan Cummings

2

Reason for the notification

a)

Position/Status

PDMR & Chief Financial Officer

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 transaction have been conducted

a)

Description of the financial instrument,

type of instrument Identification code

Ordinary Shares of 5 pence each

ISIN: GB0004526900

b)

Nature of the transaction

Grant of Nil Cost Options under Long Term Incentive Plan

c)

Price(s) and volume (s)

Price(s)

Volume(s)

57.761 p

824,734

d)

Aggregated information

-Aggregated volume

-Price

Aggregate Price

Aggregate Volume

Aggregate Total

57.761 p

824,734

£476,374.6

e)

Date of the transaction

22 September 2025

f)

Place of the transaction

Outside of Trading Venue

 

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Joy Laws

2

Reason for the notification

a)

Position/Status

PDMR & Group General Counsel & Company Secretary

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 transaction have been conducted

a)

Description of the financial instrument,

type of instrument Identification code

Ordinary Shares of 5 pence each

ISIN: GB0004526900

b)

Nature of the transaction

Grant of Nil Cost Options under Long Term Incentive Plan

c)

Price(s) and volume (s)

Price(s)

Volume(s)

57.761 p

68,874

d)

Aggregated information

-Aggregated volume

-Price

Aggregate Price

Aggregate Volume

Aggregate Total

57.761 p

68,874

£39,782.3

e)

Date of the transaction

22 September 2025

f)

Place of the transaction

Outside of Trading Venue

 

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END
 
 
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