Commencement of new Share Buyback Programme

IG Group Holdings plc

12 August 2024

 

12 August 2024

LEI No: 2138003A5Q1M7ANOUD76

IG GROUP HOLDINGS PLC

Commencement of new Share Buyback Programme

Following the announcement of a new share buyback programme of up to £150 million (the "Programme") on 25 July 2024, IG Group Holdings plc ("IG Group") is pleased to announce that it has instructed Morgan Stanley & Co. International Plc ("Morgan Stanley") to conduct the first tranche of the Programme (the "First Tranche") of up to £75 million (in accordance with certain pre-set parameters).

The sole purpose of the Programme is to reduce share capital.

The First Tranche will be for a maximum aggregate market value of £75 million, will commence on 12 August 2024 and is expected to be completed by 31 October 2024.

The First Tranche will take place within the limitations of the authority granted to the Board of IG Group at its annual general meeting, held on 20 September 2023. Pursuant to that authority, the maximum number of shares which remain available for purchase under the First Tranche is 19,990,397.

Contact information

IG Group Investor Relations	IG Group Press	FTI Consulting
Martin Price / Adnan Zab 020 7573 0020 / 0099 [e-mail]	Angela Warburton 020 7633 5382 [e-mail]	Edward Berry / Katherine Bell 077 0333 0199 / 079 7687 0961 [e-mail]

About IG

IG Group (LSEG:IGG) provides online trading platforms and educational resources to empower ambitious clients around the globe. Headquartered in the UK, IG Group is a FTSE 250 company that offers clients access to ~19,000 financial markets worldwide.

 

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