IG Group Holdings plc
13 December 2021
LEI: 2138003A5Q1M7ANOUD76
IG Group Holdings plc
(the 'Company')
NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
IG Group Holdings plc, a global leader in online trading, received notification on 10 December 2021 that Tom Sosnoff, a Person Discharging Managerial Responsibilities ("PDMR"), transferred a total of 1,108,578 ordinary shares of 0.005p each ("Ordinary Shares") on 9 December 2021, as a gift to trusts. The transfer was for estate planning purposes and the lock up arrangements on those Ordinary Shares following the acquisition of tastytrade, Inc. remain in place.
Following the transaction, the number of shares held by Tom Sosnoff is 14,888,162 Ordinary Shares, representing 3.4% of the Company's issued share capital.
This announcement, including the notification below, has been made in accordance with the EU Market Abuse Regulation as it applies in the UK.
For further information, please contact:
IG Group:
Deputy Group Company Secretary
Aurelia Gibbs +44 20 7896 0011
cosec@ig.com
Investor contact
Richard Heading, Business Finance Director / +44 20 7573 0742
Simon Wright, IR Manger +44 20 7573 0099
investors@ig.com
Press contact
Ramon Kaur, Head of Communications +44 20 7573 0060
About IG
IG Group has been at the forefront of trading innovation since 1974. Since then, we've evolved into a global fintech company incorporating the IG, tastytrade, IG Prime, Spectrum, Nadex and DailyFX brands, with a presence in Europe, North America, Africa, Asia-Pacific and the Middle East.
Our award-winning products and platforms empower ambitious people the world over to unlock opportunities around the clock, giving them access to over 19,000 financial markets. Today, more than 400,000 clients call IG Group home.
IG Group Holdings plc is an established member of the FTSE 250 and holds a long-term investment grade credit rating of BBB- with a stable outlook from Fitch Ratings.
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
a)
| Name
| Tom Sosnoff | ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| Director (Co-CEO North America) | ||||||
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
| Transfer of shares as a gift | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
1,108,578
Nil consideration | ||||||
e)
| Date of the transaction
| 9 December 2021 | ||||||
f)
| Place of the transaction
| Outside a trading venue |