Notification of Directors Transactions

RNS Number : 8977R

IG Group Holdings plc

10 November 2011

 



RNS Number:
IG Group Holdings plc (the "Company" or "IG")
10 November 2011

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

As disclosed in IG's annual report for the year ended 31 May 2010, a proportion of the directors' performance related bonus for the financial year ended 31 May 2010 was deferred for 12 months, pursuant to the rules of the Long Term Bonus Plan 2010 ("LTBP"), in the form of nil cost options.  See RNS Number 6752S dated 14 September 2010 for more information.

IG has been notified that Peter Hetherington has exercised his nil cost option.  In accordance with the rules of the LTBP, the nil cost option will be cash settled and will not result in Mr Hetherington increasing his shareholding after the transaction takes place.

This notice is being issued in pursuance of DTR 3.1.4R(1).

Director	Date of transaction	Place of transaction	Nature of transaction	Price per share	Shares held following transaction (%)
P G Hetherington	04/11/11	London	LTBP: 52,790 Ordinary Shares to be cash settled	£4.524	256,012 (0.07%) Note 1

Note 1: The nil cost option will be cash settled and will not result in Mr Hetherington increasing his shareholding after the transaction takes place.

Bridget Messer

Company Secretary

IG Group Holdings plc

 

END

 

 

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