TIDMIGG

RNS Number : 0270V

IG Group Holdings plc

03 April 2023

3 April 2023

LEI No: 2138003A5Q1M7ANOUD76

IG GROUP HOLDINGS PLC

Commencement of Third Tranche of Share Buyback Programme

Following the announcement of a share buyback programme of up to GBP150 million (the "Programme") on 21 July 2022, and the announcement of a GBP50 million extension to the Programme on 26 January 2023, IG Group Holdings plc ("IG Group") is pleased to announce that it has entered into non-discretionary instructions with Morgan Stanley & Co. International Plc ("Morgan Stanley") to conduct the third tranche of the Programme (the "Third Tranche") of up to GBP50 million (in accordance with certain pre-set parameters) and to make trading decisions in relation to the Programme independently of IG Group.

The sole purpose of the programme is to reduce share capital.

The Third Tranche will be for a maximum aggregate market value of GBP50 million, will commence on 3 April 2023 and will end on or before 31 August 2023. This will extend the size of the Programme to a total of up to GBP200 million.

The Third Tranche will take place within the limitations of the authority granted to the Board of IG Group at its annual general meeting, held on 21 September 2022. Pursuant to that authority, the maximum number of shares which remain available for purchase under the Third Tranche is 23,767,538.

Contact information

 
 IG Group Investor       IG Group Press         FTI Consulting 
  Relations 
 Martin Price / Simon    Alayna Francis         Katherine Bell 
  Wright                  020 7896 0011 / 020    079 7687 0961 
  020 7573 0020 / 0099    7633 5395              iggroup.sc@fticonsulting.com 
  investors@ig.com        press@ig.com

About IG

IG Group (LSEG:IGG) is an innovative, global fintech company that delivers dynamic online trading platforms and a robust educational ecosystem to power the pursuit of financial freedom for the ambitious. For nearly five decades, the Company has evolved its technology, risk management, financial products, content, and platforms to meet the needs of its retail and institutional clients. IG Group continues to innovate its offering for the new generation of tomorrow's investors through its IG, tastytrade, IG Prime, Spectrum, and DailyFX brands.

Established in 1974, IG Group is a London-headquartered FTSE 250 company offering its clients access to 19,000 financial markets through its offices spread across Europe, North America, Africa, Asia-Pacific and the Middle East.

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April 03, 2023 02:00 ET (06:00 GMT)

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