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  Plc	2	Name of person discharging managerial responsibilities Thomas Corcoran - Company Secretary
3	State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person Relates to person named in 2	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 In respect of the person named in 2
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 In respect of the person named in 2
7	State the nature of the transaction Grant of share option	8	Number of shares, derivatives or other financial instruments linked to them acquired Option to acquire 20,000 ICG Units
9	Number of shares, derivatives or other financial instruments linked to them disposed of	10	Price per share or derivative or other financial instrument linked to them or value of transaction Euro 15.70
11	Date and place of transaction 26th  March 2012, Dublin	12	Date issuer informed of transaction 26th March 2012
13	Any additional information	14	Name of contact and telephone number for queries Tom  Corcoran Company Secretary Telephone: + 353 1 6075700
	Name and signature of duly designated officer of issuer responsible for making notification Tom  Corcoran Company Secretary Date of notification  27/03/2012

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Source: Irish Continental Group plc via Thomson Reuters ONE

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