Notification of Director Transactions

RNS Number : 0993K

IG Group Holdings plc

25 July 2013

IG Group Holdings plc
25 July 2013

Notification of transactions of directors, persons discharging managerial responsibility or connected persons

IG Group Holdings Plc (the "Company") was notified on 25 July 2013 of transactions carried out by a director and persons connected to that director in respect of the Company's ordinary shares of 0.005p each (the "Ordinary Shares"). This notice is being issued in accordance with DTR 3.1.4R(1) and DTR 3.1.5R.

In summary, Tim Howkins and his connected persons disposed of 983,472 shares at a blended rate of 567.2 pence through a series of transactions (including the exercise of various rights under employee share schemes and the exercise of rights by Tim Howkins' family trust), which are disclosed in the table below. These transactions were carried out in order to realise liquid funds to finance a divorce settlement and the purchase of a house, separate from the former marital home.

Subsequent to these transactions, Tim Howkins has an interest in:

- 1,621,183 Ordinary Shares held in his own name;

- 1,780,509 shares held by his wife, Caroline Howkins. His beneficial interest in any shares held by Caroline will cease on finalisation of their divorce.

	Date and place of transaction	Nature of transaction	Price per share	Notes
1	24/07/2013 London	Sale of 100,000 Ordinary Shares	566 pence	-
2	24/07/2013 London	Sale by Tim Howkins to the Tim Howkins Family Settlement 2010, and purchase by the Tim Howkins Family Settlement from Tim Howkins, of 400,000 Ordinary Shares (Notice received from Tim Howkins on his own behalf and as trustee for the Tim Howkins Family Settlement 2010.)	537.7 pence	In 2010 Tim Howkins entered into an unconditional contract (the "Contract") to sell 2,006,991 Ordinary Shares to the Tim Howkins Family Settlement 2010 (the "Trust"), as announced in June 2010 (RNS number 4682N). The Contract has now completed in respect of 400,000 Ordinary Shares through a sale at 537.7 pence per share, a price determined in accordance with the terms of the Contract.
3	24/07/2013 London	Sale of 400,000 Ordinary Shares by Tim Howkins Family Settlement 2010 (Notice received from Tim Howkins as trustee for the Tim Howkins Family Settlement 2010.)	566 pence	Following acquisition of the 400,000 Ordinary Shares by the Trust from Tim Howkins as detailed in the line above, these Ordinary Shares were sold by the Trust at a price of 566 pence per share.
4	24/07/2013 London	Exercise of nil-cost options to acquire 403,103 Ordinary Shares under the Company's Long Term Incentive Plan, following awards made in 2007, 2008, 2009	Nil	LTIP 07: 163,373 Ordinary Shares LTIP 08: 47,880 Ordinary Shares LTIP 09: 191,850 Ordinary Shares
5	24/07/2013 London	Sale of 403,103 Ordinary Shares	566 pence	These shares arise from the exercise of LTIP options as detailed in the line above.
6	25/07/2013 London	Exercise of nil-cost options over 73,195 shares via cash settlement in accordance with the Company's Long Term Bonus Plan	582 pence	As disclosed in RNS6752S on 14 September 2010, Tim Howkins was awarded a number of nil cost options under the Company's Long Term Bonus Plan representing a deferred element of his FY10 cash bonus. Tim Howkins exercised these nil-cost options (and the attached dividend equivalents, which accrued to vesting) on 25 July 2013. The Company elected to cash settle the options, according to a formula set down in the Plan.