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Director/PDMR Shareholding

14 Mar 2014 08:01

RNS Number : 2747C
Innovation Group PLC
14 March 2014
 



Innovation Group plc (the "Company")

Transactions by Directors and other PDMRs

 

This notification is made in accordance with DTR 3.1.4(1)(a).

On 14 March 2014, the following Directors and other PDMRs acquired such number of ordinary shares of 2 pence each in the Company ("New Shares") as set out in the table below in relation to entitlements taken up in connection with the Firm Placing and Placing and Open Offer of 209,375,000 New Shares at 32 pence per New Share announced on 21 February 2014 ("Firm Placing and Placing and Open Offer"). The consideration paid was 32 pence per New Share.

Name of Director

Total number of shares before the Firm Placing and Placing and Open Offer

Number of New Shares taken up

Total number of shares following the Firm Placing and Placing and Open Offer

Consideration Paid

Resulting percentage of enlarged issued share capital following the Firm Placing and Placing and Open Offer

Andrew Roberts

3,815,327

401,613

4,216,940

£128,516.16

0.350

Jane Hall

1,748,884

184,093

1,932,977

£58,909.76

0.160

David Thorpe

1,432,207

150,758

1,582,965

£48,242.56

0.131

James Morley

355,132

99,882

455,014

£31,962.24

0.038

Chris Harrison

170,724

17,970

188,694

£5,750.40

0.016

 

Name of Other PDMR

Total number of shares before the Firm Placing and Placing and Open Offer

Number of New Shares taken up

Total number of shares following the Firm Placing and Placing and Open Offer

Consideration Paid

Resulting percentage of enlarged issued share capital following the Firm Placing and Placing and Open Offer

James Liddiard

103,862

10,903

114,765

£3,488.96

0.010

 

 

The Company was informed by the individuals listed above of the above transactions on 13 March 2014.

Name of contact and telephone number for queries: James Liddiard, Group Company Secretary, on 01489 898300.

14 March 2014

 

For and on behalf of Innovation Group plc

James Liddiard

Group Company Secretary

 

 

About The Innovation Group:

 

The Innovation Group plc (LSE: TIG.L) is a global provider of business process outsourcing and software solutions to the insurance, fleet, automotive and property industries. Innovation Group provides contact centres, repair networks, process management, supply chain and technology operations and decision support analytics to support accident management, repair and estimation and claims management services.

 

www.innovation-group.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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