Notification of Director Transactions

RNS Number : 7232L
IG Group Holdings plc
14 August 2013
 




IG Group Holdings plc
14 August 2013


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

IG Group Holdings Plc (the "Company") was notified on 13 August 2013 of transactions carried out by a 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.

1.         Exercise of options under the Long Term Bonus Plan

On 13 August 2013, Chris Hill exercised nil-cost options (awarded under the Company's Long Term Bonus Plan representing a deferred element of his FY11 and FY12 cash bonus and the corresponding dividend equivalents, which accrued to vesting). The Company elected to cash settle the options according to a formula set down in the Plan, the cash settlement being subject to tax and National Insurance.


Date and place of transaction

Nature of transaction

Price per share

1

13/08/2013

London

Exercise of nil-cost options over 98,589 shares via cash settlement in accordance with the Company's Long Term Bonus Plan

584.33 pence

 

2.      Purchase of Shares

On 13 August 2013 Chris Hill purchased 34,500 Ordinary Shares at a price of 572.25 pence per share. 

 


Date and place of transaction

Nature of transaction

Price per share

Shareholding before the transaction

Shareholding after the transaction

1

13/08/2013

London

Purchase of 34,500 Ordinary Shares

 

572.25 pence

587 Ordinary

Shares

35,087 Ordinary Shares

 

For further information please contact:

IG Group
Kieran McKinney
Head of Investor Relations          020 7573 0026

FTI
Neil Doyle / Ed Berry                     020 7269 7237 / 7297

 


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