REG - IG Design Group PLC - EBT Share Purchase

IG DesignAnnouncement

05/02/2024 07:00

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RNS Number : 9245B  IG Design Group PLC  05 February 2024

05 February 2024

IG Design Group Plc

('Design Group' or the 'Company')

EBT Share Purchase

Further to the announcement made on 13 December 2023, the Company was notified
that APEX Financial Services (Trust Company) Limited, the trustee of the IG
Design Group Plc Employee Benefit Trust (the "EBT"), had purchased 20,000
Ordinary Shares of 5 pence each in the Company ("Ordinary Shares") at an
average price of 140.0p per Ordinary Share on 02 February 2024. These Ordinary
Shares are to be held in the EBT and are intended to be used to satisfy the
exercise of share options by employees. The EBT is a discretionary trust for
the benefit of the Company's employees, including the Directors of the
Company. The purchase of Ordinary Shares by the EBT has been funded by a loan
provided by the Company from its existing financing facilities.

Following this transaction, a total of 2,686,208 Ordinary Shares are held by
the EBT, representing approximately 2.73 per cent of the Company's total
voting rights.

For further information, please contact:

 IG Design Group Plc                           Tel: +44 (0)1525 887310

 Paul Bal, Chief Executive Officer

 Rohan Cummings, Chief Financial Officer
 Canaccord Genuity Limited (Nomad and Broker)  Tel:  +44 (0)20 7523 8000

 Bobbie Hilliam

 Alex Orr
 Alma PR                                       Tel:  +44 (0)20 3405 0209

 Rebecca Sanders-Hewett                        designgroup@almapr.co.uk (mailto:designgroup@almapr.co.uk)

 Sam Modlin

 Josh Royston

 

 

 

 

 

 

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