Irish Continental Group plc : Director/PDMR Sha...

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

 This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.
All relevant boxes should be completed in block capital letters.

1	Name of the Issuer   Irish Continental Group p.l.c.	2	Name of person discharging managerial responsibilities Mr. David Ledwidge
3	State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person N/A	4	Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest   As per 2 above
5	Description of shares or derivatives or other financial instruments linked to them   ICG Units	6	Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder Mr. David Ledwidge
7	State the nature of the transaction   Exercise of share options Sale of Shares	8	Number of shares, derivatives or other financial instruments linked to them acquired 250,000 ICG Units
9	Number of shares, derivatives  or other financial instruments linked to them  disposed of  250,000 ICG Units	10	Price per share or derivative or other financial instrument linked to them or value of transaction  €1.7948 on acquisition €5.3976 on disposal
11	Date and place of transaction   31 May 2016,  Dublin. 31 May 2016,  Dublin.	12	Date issuer informed of transaction   31 May 2016. 31 May 2016.
13	Any additional information	14	Name of contact and telephone number for queries Thomas Corcoran +353 1 6075700
	Person authorised on behalf of the issuer responsible for making the notification_________Thomas Corcoran Date of notification ____1 June 2016

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons.  An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

15	Name of director or secretary (if not required to be stated in box 2)   Mr. David Ledwidge	16	State whether the notification relates to a single transaction being notified in accordance with the Market Abuse Rules and ISE LR 6.10   Yes Yes
17	Description of class of share   ICG Units	18	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating  percentage) 0.134%
19	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating  percentage)   0.134%	20	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)   33,708  ICG Units (<0.1%)

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

21	Date of grant	22	Period during which or date on which it can be exercised
23	Total amount paid (if any) for grant of the option	24	Description of shares involved (class and number)
25	Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise	26	Total number of shares over which options are held following notification
Name and signature of duly designated officer of issuer responsible for making notification                                         Thomas Corcoran   Date of notification       1 June 2016

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Irish Continental Group plc via Globenewswire

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