REG - IG Design Group PLC - Long Term Incentive Plan Awards

IG DesignAnnouncement

06/08/2019 09:30

RNS Number : 0669I
IG Design Group PLC
06 August 2019
 


6 August 2019
IG Design Group Plc

('Design Group' or the 'Company')
                      
Long Term Incentive Plan Awards
The Company announces that on 5 August 2019, it awarded a total of 385,594 nil cost options ("Options") over ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") to Paul Fineman, Chief Executive, Giles Willits, Chief Financial Officer, and Lance Burn, Executive Director, under the Company's 2019-22 Long Term Incentive Plan ("LTIP").
Details of the awards made to each Director and their resulting interests in the Company are detailed in the table below.
 











Existing Option awards


New Option award




 Director


Ordinary Shares


LTIP 2015-18 (Vested)


LTIP 2016-19
(Vested)


LTIP 2017-20
(Not vested)


LTIP 2018-2021
(Not vested)


LTIP 2019-2022
(Not vested)


































Paul Fineman*


2,369,334


312,916


226,791


132,443


204,675


174,420




Giles Willits


93,573


-


-


172,454


128,654


121,472




Lance Burn


-


76,641


111,882


62,296


108,264


89,702



 
*Paul Fineman also has a non-beneficial interest in an additional 174,608 Ordinary Shares
The above awards are subject to relevant performance criteria being achieved. 
For further information, please contact:



IG Design Group Plc
Paul Fineman, CEO
Giles Willits, CFO


Tel: +44 (0)1525 887310
 




Canaccord Genuity Limited (Nomad and Broker)
Bobbie Hilliam
Alex Aylen - Sales


Tel:  +44 (0)20 7523 8000
 




Alma PR
Rebecca Sanders-Hewett
Susie Hudson
Sam Modlin


Tel:  +44 (0)20 3405 0209



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name:


Paul Fineman




2


Reason for the notification




a)


Position/Status:


Chief Executive




b)


Initial Notification/Amendment:


Initial Notification




3


Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor




a)


Name:


IG Design Group plc




b)


LEI:


213800J8I5XDZ3JU8496




4.


Details of 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:
Identification code:


Options over Ordinary Shares of 5 pence each

 
ISIN: GB0004526900




b)


Nature of the transaction:


Award of nil cost options, conditional on future performance




c)


Price(s) and volume(s):


Price(s)


Volume(s)




nil


174,420




d)


Aggregated volume:
Price:



N/A - Single transaction




e)


Date of the Transaction:


5 August 2019




f)


Place of the Transaction:


Outside trading venue



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name:


Giles Willits




2


Reason for the notification




a)


Position/Status:


Chief Financial Officer




b)


Initial Notification/Amendment:


Initial Notification




3


Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor




a)


Name:


IG Design Group plc




b)


LEI:


213800J8I5XDZ3JU8496




4.


Details of 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:
Identification code:


Options over Ordinary Shares of 5 pence each

 
ISIN: GB0004526900




b)


Nature of the transaction:


Award of nil cost options, conditional on future performance




c)


Price(s) and volume(s):


Price(s)


Volume(s)




nil


121,472




d)


Aggregated volume:
Price:



N/A - Single transaction




e)


Date of the Transaction:


5 August 2019




f)


Place of the Transaction:


Outside trading venue



 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name:


Lance Burn




2


Reason for the notification




a)


Position/Status:


Executive Director




b)


Initial Notification/Amendment:


Initial Notification




3


Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor




a)


Name:


IG Design Group plc




b)


LEI:


213800J8I5XDZ3JU8496




4.


Details of 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:
Identification code:


Options over Ordinary Shares of 5 pence each

 
ISIN: GB0004526900




b)


Nature of the transaction:


Award of nil cost options, conditional on future performance




c)


Price(s) and volume(s):


Price(s)


Volume(s)




nil


89,702




d)


Aggregated volume:
Price:



N/A - Single transaction




e)


Date of the Transaction:


5 August 2019




f)


Place of the Transaction:


Outside trading venue



 
 




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