IG Group Holdings plc
LEI No: 2138003A5Q1M7ANOUD76
10 August 2020
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs")
IG Group Holdings Plc (the "Company"), a global leader in online trading, gives notice of the following transactions carried out in respect of the Company's ordinary shares of 0.005p each (the "Ordinary Shares") by Executive Directors and other PDMRs (together "PDMRs"), details of which are set out in the Notification of Transactions by PDMRs in this announcement as required by the EU Market Abuse Regulation.
1. Sustained Performance Plan ("SPP"): Award of par cost options on 6 August 2020
The share price used to determine the number of options awarded is £7.428, based on the average of the closing prices of the previous 10 days as is required by the rules of the SPP.
PDMR |
Number of Shares |
Bridget Messer |
193,707 |
Jonathan Noble |
193,707 |
Michelle Eardley |
42,406 |
Joe McCaughran |
65,441 |
Matt Brief |
65,441 |
Simon Myers |
68,059 |
2. Sustained Performance Plan ("SPP"): Exercise of par cost options and Sale of Shares
On 6 August 2020, the Company received exercise notices from PDMRs exercising, at nominal value, the options which have vested under the SPP. On 6 August 2020 the Company also received notice of share sales and transfers from the PDMRs and Closely Associated Persons as set out in the table below:
PDMR |
SPP Grant |
Number of Shares Exercised |
Number of Shares Sold |
Price per share sold |
|
Bridget Messer
|
SPP 2014 SPP 2015 SPP 2016 SPP 2017 SPP 2018 SPP 2019 SPP 2020 Total |
2,074 2,167 7,333 5,765 18,659 11,475 64,569 112,042 |
2,074 2,167 7,333 5,765 18,659 11,475 64,569 112,042 |
£7.3529
|
|
Jonathan Noble
|
SPP 2014 SPP 2015 SPP 2016 SPP 2017 SPP 2018 SPP 2019 SPP 2020 Total |
3,033 3,070 8,473 5,765 18,659 11,475 64,569 115,044 |
3,033 3,070 8,473 5,765 18,659 11,475 64,569 115,044 |
£7.3529
|
|
Michelle Eardley |
SPP 2017 SPP 2018 SPP 2019 Total |
2,220 7,188 3,768 13,176 |
2,220 7,188 3,768 13,176 |
£7.3529
|
|
Joe McCaughran |
SPP 2017 SPP 2018 SPP 2019 Total |
1,114 10,698 5,815 17,627 |
0 0 0 0 |
N/A
|
|
Matt Brief |
SPP 2016 SPP 2017 SPP 2018 SPP 2019 Total |
2,933 3,228 10,449 5,815 22,425 |
0
0
0
0
|
N/A
|
|
Simon Myers |
SPP 2019 |
2,063 |
2,063 |
£7.3529 |
3. Purchase of Shares under the Company's Share Incentive Plan ("SIP")
The Company operates a HMRC tax advantaged SIP, which is open to all UK based employees. If employees participating in the SIP retain their purchased shares and remain employed on the third anniversary of the purchase, additional matching shares will vest on a one-for one basis.
The Company was today advised by the Trustees of the SIP that on 6 August 2020, the following transactions were made under the SIP:
Director/PDMR |
Partnership Shares |
Purchase Price per share |
Michelle Eardley |
242 |
£7.4366 |
Joe McCaughran |
242 |
£7.4366 |
Simon Myers |
242 |
£7.4366 |
For furtther information, please contact
IG Group:
Investors contact
Liz Scorer, Head of Investor Relations +44 20 7573 0727
Press contact
Ramon Kaur, Head of Communications +44 20 7573 0060
About IG
IG empowers informed, decisive, adventurous, people to access opportunities in over 17,000 financial markets. With a strong focus on innovation and technology, the company puts client needs at the heart of everything it does.
IG's vision is to provide the world's best trading experience. Established in 1974 as one of the world's first providers of financial derivatives to retail traders, it continued leading the way by launching the world's first online and iPhone trading services.
IG is an award-winning, multi-product trading company which allows retail, professional and institutional clients to trade 24 hours a day, 7 days a week * . IG is the world's No.1 provider of CFDs ** and a global leader in forex. It provides leveraged services with the option of limited-risk guarantees and offers an execution-only stock trading service in the UK, Australia, Germany, France, Ireland, Austria and the Netherlands. IG has a range of affordable, fully managed investment portfolios, which provide a comprehensive offering to investors and active traders.
IG is a member of the FTSE 250, with offices across Europe, including a Swiss bank, Africa, Asia-Pacific, the Middle East and North America. IG Group Holdings plc holds a long-term investment grade credit rating of BBB- with a stable outlook from Fitch Ratings.
*Excluding 10pm Friday (GMT) to 8am Saturday (GMT)
**Based on revenue excluding FX (from published financial statements, June 2020)
IG Group Holdings plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Bridget Messer | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Commercial 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 Group Holdings Plc | ||||
b)
| LEI
| 2138003A5Q1M7ANOUD76 | ||||
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
Identification code
| Ordinary Shares of 0.005pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of par cost options under the 2020 IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
193,707
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue |
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Exercise of par cost options under the IG Group 2014, 2015, 2016, 2017 2018, 2019 and 2020 Sustained Performance Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
112,042
£5.60 | ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Sale of shares following exercise of options under the IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
112,042
£823,833.62
| ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of transaction | London Stock Exchange (XLON) |
IG Group Holdings plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Jonathan Noble | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Operating 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 Group Holdings Plc | ||||
b)
| LEI
| 2138003A5Q1M7ANOUD76 | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of par cost options under the 2020 IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
193,707
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue |
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Exercise of par cost options under the IG Group 2014, 2015, 2016, 2017, 2018, 2019 and 2020 Sustained Performance Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
115,044
£5.75 | ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Sale of shares following exercise of options under the IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
115,044
£845,907.03
| ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of transaction | London Stock Exchange (XLON) |
IG Group Holdings plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Michelle Eardley | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief People 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 Group Holdings Plc | ||||
b)
| LEI
| 2138003A5Q1M7ANOUD76 | ||||
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
Identification code
| Ordinary Shares of 0.005pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of par cost options under the 2020 IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
42,406
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Exercise of par cost options under the IG Group 2017, 2018 and 2019 Sustained Performance Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
13,176
£0.66 | ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Sale of shares following exercise of options under the IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
13,176
£96,881.81 | ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75 | ||||
b)
| Nature of the transaction
| Purchase of Partnership Shares under the IG Group Share Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
242
£1,799.66
| ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
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
Identification code
| Ordinary Shares of 0.005pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of Matching Shares under the IG Group Share Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information
Aggregated volume
Price |
242
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue |
IG Group Holdings plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Joe McCaughran | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Risk 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 Group Holdings Plc | ||||
b)
| LEI
| 2138003A5Q1M7ANOUD76 | ||||
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
Identification code
| Ordinary Shares of 0.005pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of par cost options under the 2019 IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
65,441
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue |
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Exercise of par cost options under the IG Group 2017, 2018 and 2019 Sustained Performance Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
17,627
£0.88 | ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75 | ||||
b)
| Nature of the transaction
| Purchase of Partnership Shares under the IG Group Share Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
242
£1,799.66 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
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
Identification code
| Ordinary Shares of 0.005pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of Matching Shares under the IG Group Share Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information
Aggregated volume
Price |
242
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue |
IG Group Holdings Plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Matt Brief | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Product 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 Group Holdings Plc | ||||
b)
| LEI
| 2138003A5Q1M7ANOUD76 | ||||
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
Identification code
| Ordinary Shares of 0.005pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of par cost options under the 2020 IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
65,441
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue |
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Exercise of par cost options under the IG Group 2016, 2017, 2018, 2019 Sustained Performance Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
22,425
£1.12 | ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of the transaction | Outside a trading venue |
IG Group Holdings Plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Simon Myers | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| IT Director | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| IG Group Holdings Plc | ||||
b)
| LEI
| 2138003A5Q1M7ANOUD76 | ||||
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
Identification code
| Ordinary Shares of 0.005pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of par cost options under the 2020 IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
68,059
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Exercise of par cost options under the IG Group 2019 Sustained Performance Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
2,063
£0.10 | ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Sale of shares following exercise of options under the IG Group Sustained Performance Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
2,063
£15,169.03 | ||||
e) | Date of the transaction | 6 August 2020 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
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
Identification code
| Ordinary Shares of 0.005 pence
GB00B06QFB75 | ||||
b)
| Nature of the transaction
| Purchase of Partnership Shares under the IG Group Share Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
Aggregated volume
Price
|
242
£1,799.66 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
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
Identification code
| Ordinary Shares of 0.005pence
GB00B06QFB75
| ||||
b)
| Nature of the transaction
| Award of Matching Shares under the IG Group Share Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information
Aggregated volume
Price |
242
0.00 | ||||
e)
| Date of the transaction
| 6 August 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue |