IG Design Group PLC EBT Share Purchase (3371B)
30 Settembre 2022 - 10:36AM
UK Regulatory
TIDMIGR
RNS Number : 3371B
IG Design Group PLC
30 September 2022
30 September 2022
IG Design Group Plc
('Design Group' or the 'Company')
EBT Share Purchase
Further to the announcement made on 29 September 2022, 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 1,000,000 Ordinary Shares of 5
pence each in the Company ("Ordinary Shares") at an average price
of 77.50 pence per Ordinary Share on 29 September 2022. 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 1,031,208 Ordinary Shares
are held by the EBT, representing approximately 1.05 per cent of
the Company's total voting rights.
For further information, please contact:
IG Design Group Plc Tel: +44 (0)1525 887310
Stewart Gilliland, Interim Executive
Chair
Paul Bal, CFO
Canaccord Genuity Limited (Nomad Tel: +44 (0)20 7523
and Broker) 8000
Bobbie Hilliam
Gerel Bastin
Alma PR Tel: +44 (0)20 3405
Sam Modlin 0209
Josh Royston designgroup@almapr.co.uk
Pippa Crabtree
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END
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