TIDMIGR

RNS Number : 3579A

IG Design Group PLC

22 January 2024

22 January 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 749,038 Ordinary Shares of 5 pence each in the Company ("Ordinary Shares") at an average price of 140.0p per Ordinary Share on 15 January 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 2,515,246 Ordinary Shares are held by the EBT, representing approximately 2.56 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           Tel: +44 (0)20 7523 
  and Broker)                                8000 
  Bobbie Hilliam 
  Alex Orr 
 Alma PR                                    Tel: +44 (0)20 3405 
  Rebecca Sanders-Hewett                     0209 
  Sam Modlin                                 designgroup@almapr.co.uk 
  Josh Royston

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSMZGMMNLKGDZM

(END) Dow Jones Newswires

January 22, 2024 02:00 ET (07:00 GMT)

IG Design (AQSE:IGR.GB)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more IG Design Charts.
IG Design (AQSE:IGR.GB)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more IG Design Charts.