The Company operates a HMRC approved SIP, which is open to all UK based employees.
RNS Number: 2123U
IG Group Holdings plc
27 July 2015
Notification of transactions OF DIRECTORS, persons discharging managerial responsibility (“PDMR”) or connected persons
IG Group Holdings Plc (the “Company”) a global leader in online trading, was notified on 27 July 2015 of the following transaction carried out in respect of the Company’s ordinary shares of 0.005p each (the “Ordinary Shares”) by Christopher Hill, an Executive Director of the Company.
This notice is being issued in accordance with DTR 3.1.4R(1).
Acquisition of Matching Shares under the Company’s Share Incentive Plan (“SIP”)
The Company operates a HMRC approved SIP, which is open to all UK based employees. Under the rules of the SIP, the company matches the Ordinary Shares purchased by employees (“Partnership Shares”) participating in the scheme at a given ratio. The Ordinary Shares matched by the company (“Matching Shares”) vest on the 3rd anniversary of the purchase of the Partnership Shares subject to continued employment and retention of the Partnership Shares. In 2012, the SIP was operated on a one-for one ratio.
On 27 July 2012, Christopher Hill participated in the SIP by purchasing 328 Partnership Shares. Following his continued employment and retention of the Partnership Shares as at 27 July 2015, Christopher Hill acquired 328 Matching Shares for nil consideration in London. Both the Partnership Shares and Matching Shares are Ordinary Shares. Christopher Hill’s shareholding following the transaction is 44,256 Ordinary Shares.
For further information, please contact:
Head of Investor Relations 020 7573 0026
Neil Doyle / Ed Berry 020 3727 1141 / 1046
IG is a global leader in online trading, providing fast and flexible access to over 10,000 financial markets – including shares, indices, forex, commodities and binaries.
Established in 1974 as the world’s first financial spread betting firm, IG’s aim is to become the default choice for active traders globally. It is already an award-winning multi-platform trading company, the world’s No.1 provider of CFDs* and a global leader in forex, and it launched an execution-only stockbroking service in the UK and Ireland in September 2014.
It is a member of the FTSE 250, with offices across Europe, Africa, Asia-Pacific and the US, where it offers limited risk derivatives contracts via the Nadex brand.
*Based on revenue excluding FX, published financial statements, July 2014.