IG Design Group PLC Block Admission and Interim Review (7833J)
June 30 2017 - 9:21AM
UK Regulatory
TIDMIGR
RNS Number : 7833J
IG Design Group PLC
30 June 2017
IG Design Group plc ("the Company")
Block Admission and Update
The Company announces that an application has been made to AIM
for a block admission in respect of 1,319,920 ordinary shares of 5p
each ("Ordinary Shares") in the share capital of the Company (the
"Block Admission"). This Block Admission will be used to satisfy
the issue of shares pursuant to exercises of options under the
Company's LTIP 2014-2017 scheme.
An application has been made for the new Ordinary Shares to be
admitted to trading on AIM, which is expected to occur on 6 July
2017. The Company's issued share capital will not change as a
result of the Block Admission.
Further to the announcement by the Company on 5 January 2017,
the Company also announces that zero Ordinary Shares have been
issued since that date pursuant to the Company's 2008 Executive
Share Option Plan and admitted to trading in accordance with the
block listing applied for on 25 August 2010 (the "Block Listing").
An update in accordance with Schedule 6 of the AIM Rules for
Companies is set out below, which includes the Ordinary Shares to
be admitted under the Block Admission.
The Company holds no shares in treasury and hence the total
number of current voting rights is 62,641,833. The Company will
notify on a monthly basis when there are changes to the issued
share capital, and these monthly figures may be used by
shareholders as the denominator for the calculation by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the
Company.
30 June 2017
For further information, please contact:
IG Design Group plc Tel: 01525 887310
Paul Fineman, Chief Executive
Anthony Lawrinson, Chief Financial Officer
Cenkos Securities plc Tel: 0207 397 8900
Bobbie Hilliam
FTI Consulting Tel: 020 3727 1000
Jonathon Brill
Tom Hufton
BLOCK LISTING SIX MONTHLY RETURN
Name of applicant: IG Design Group plc
---------------------------------------------------- ----------------------------------------------------------------
Name of scheme: International Greetings plc 2008 Executive Share Option Plan
and LTIP 2014-2017 scheme
---------------------------------------------------- ----------------------------------------------------------------
Period of return From: 30 December 2016 To: 30 June 2017
------------------------- ------------------------- ------------------------- ---------- -------------------------
Balance of unallotted securities under scheme(s)
from previous return: 710,000
---------------------------------------------------- ----------------------------------------------------------------
Plus: The amount by which the block scheme(s) has
been increased since the date of the last
return (if any increase has been applied for): 1,319,920
---------------------------------------------------- ----------------------------------------------------------------
Less: Number of securities issued/allotted under Nil
scheme(s) during period (see LR3.5.7G):
---------------------------------------------------- ----------------------------------------------------------------
Less: Number of options in the 2008 Executive Share Nil
Option Plan that have lapsed during the
period:
---------------------------------------------------- ----------------------------------------------------------------
Equals: Balance under scheme(s) not yet
issued/allotted at end of period 2,029,920
---------------------------------------------------- ----------------------------------------------------------------
Name of contact: Anthony Lawrinson
---------------------------------------------------- ----------------------------------------------------------------
Telephone number of contact: 01525 887310
---------------------------------------------------- ----------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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