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IND - Indigovision News Story

391p 0.0  0.0%

Last Trade - 12/06/20

Sector
Technology
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £36.1m
Position in Universe th / 1821

IndigoVision Group - Director/PDMR Shareholding

Wed 8th June, 2016 10:53am
RNS Number : 5966A
IndigoVision Group PLC
08 June 2016

8 June 2016

IndigoVision Group plc

Purchase of Partnership Shares / Award of Matching Shares under the IndigoVision Group plc Share Incentive Plan 2010 (the "SIP")

IndigoVision Group plc (the "Company") announces that, on 7 June 2016, the trustee (the "Trustee") of the Company's HMRC approved all-employee SIP purchased ordinary shares of 1p each in the capital of the Company ("Shares") in the market at a price of 1.33 per share on behalf of participants in the "Partnership Share" element of the SIP using deductions made from their gross salary.

The Company also announces that, on 7 June 2016, awards of further Shares were made to the above participants under the "Matching Share" element of the SIP on the basis of one free Matching Share for every one Partnership Share purchased. The Shares used to satisfy these awards were previously purchased in the market by the Trustee.

Details of the Executive Director who participated in the purchase / award are as follows:

Name

Role

No. of Partnership Shares purchased

No. of Matching Shares awarded

Total no. of Shares acquired

Marcus Kneen

C.E.O.

1,921

1,921

3,842

In accordance with the rules of the SIP, Partnership and Matching Shares are initially held by the Trustee on the participants' behalf and, in the case of Matching Shares, must normally remain so held throughout a period of five years from the date of award.

Following the above notifications, the interests of the relevant Executive Directors in Shares are as follows:

Name

Role

Total interest in Shares following this notification

Approximate % of Company's issued share capital

Marcus Kneen

C.E.O.

218,945

2.9%

For further information:

IndigoVision Group plc


Marcus Kneen

+44 (0)131 475 7200



N+1 Singer


Sandy Fraser

+44 (0)20 7496 3176


This information is provided by RNS
The company news service from the London Stock Exchange
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