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Notification of transactions of directors and other persons discharging managerial responsibility ("PDMRs")

Posted:
1/12/2016

RNS Number : 7357Q
Released 14:27 01-Dec-2016
IG Group Holdings plc
1 December 2016

IG Group Holdings Plc (the “Company”), a global leader in online trading, has been notified of the following transactions carried out by PDMRs in respect of the Company’s ordinary shares of 0.005p each (the “Ordinary Shares”).

Details are set out below and in the attached notification as required by the EU Market Abuse Regulation.

Long Term Incentive Plan (“LTIP”): Exercise of par cost options and Sale of Shares

The Company was notified on 30th November 2016 of the following exercises at nominal value, of options vesting under the LTIP and of the subsequent sale of shares on that date as set out in the table below:

PDMR Number of share options exercised Number of shares sold Price per share sold
Michelle Eardley
(Head of Human Resources)
4,845 4,845 £8.413
Kieran McKinney
(Director of Investor Relations and Corporate Affairs)
22,591 10,655 £8.413

For further information, please contact:

IG Group

Kieran McKinney

Director of Investor Relations and Corporate Affairs        020 7573 0026

FTI

Neil Doyle / Ed Berry      020 3727 1141 / 1046

About IG

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 an award-winning multi-platform trading company, the world's No.1 provider of CFDs* and a global leader in forex, and it now offers an execution-only stockbroking service in the UK, Australia,  Ireland, Germany, Austria and the Netherlands.

It is a member of the FTSE 250, with offices across Europe, Africa, Asia-Pacific, the Middle East and the US, where it offers limited risk derivatives contracts via the Nadex brand.

*Based on revenue excluding FX (from published financial statements, October 2016)

IG Group Holdings Plc

 Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Name

Michelle Eardley
2 Reason for the notification
a)

Position/status 

Head of Human Resources
b)

Initial notification /Amendment 

Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a)

Name

IG Group Holdings Plc
b)

LEI

2138003A5Q1M7ANOUD76
4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted 

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 0.005pence

Identification code 

GB00B06QFB75

b)

Nature of the transaction

Exercise of share options  under  the IG Group Long Term Incentive Plan
c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.005 pence per share

4,845
d)

Aggregated information

Aggregated volume

4,845

Price £24.22
e)

Date of the transaction

30 November 2016
f)

Place of the transaction 

Outside a trading venue

4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted 
a)

Description of the financial instrument, type of instrument

Ordinary Shares of 0.005pence

Identification code

GB00B06QFB75

b)

Nature of the transaction

Sale of shares  following exercise of share options  under  the IG Group Long Term Incentive Plan
c) Price(s) and volume(s)

Price(s)

Volume(s)
£8.413 per share 4,845
d)

Aggregated information

Aggregated volume

4,845

Price £40,758.68
e)

Date of the transaction

30 November 2016
f)

Place of the transaction

London Stock Exchange (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Name

Kieran McKinney
2 Reason for the notification
a)

Position/status 

Director of Investor Relations and Corporate Affairs
b)

Initial notification /Amendment 

Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a)

Name

IG Group Holdings Plc
b)

LEI

2138003A5Q1M7ANOUD76
4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted 

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 0.005pence

Identification code 

GB00B06QFB75

b)

Nature of the transaction

Exercise of share options  under  the IG Group Long Term Incentive Plan
c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.005 pence per share

22,591
d)

Aggregated information

Aggregated volume

22,591

Price

£112.96

e)

Date of the transaction

30 November 2016
f)

Place of the transaction 

Outside a trading venue

4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted 
a)

Description of the financial instrument, type of instrument

Ordinary Shares of 0.005pence

Identification code

GB00B06QFB75

b)

Nature of the transaction

Sale of shares  following exercise of share options  under  the IG Group Long Term Incentive Plan
c) Price(s) and volume(s)

Price(s)

Volume(s)
£8.413 per share 10,655
d)

Aggregated information

Aggregated volume

10,655

Price £89,635.44
e)

Date of the transaction

30 November 2016
f)

Place of the transaction

London Stock Exchange (XLON)