IG Design Group PLC Value Creation Incentive Scheme (7992P)
February 22 2021 - 1:00AM
UK Regulatory
TIDMIGR
RNS Number : 7992P
IG Design Group PLC
22 February 2021
22 February 2021
IG Design Group plc
("Design Group", the "Company" or the "Group")
Confirmation of Grant of Awards
Further to the announcement on 8 January 2021 the Company can
confirm that, on 19 February 2021, the 'persons discharging
managerial responsibilities' ("PDMRs") of the Company set out below
were granted awards under its Value Creation Scheme ("VCS").
The PDMR awards, expressed as a percentage of the VCS Pool, are
set out below.
PDMR % allocation
of VCS Pool
Paul Fineman 17.5%
-------------
Giles Willits 12.5%
-------------
Lance Burn 7.5%
-------------
In total, awards relating in aggregate to an 87.3% allocation of
the VCS Pool have been granted under the VCS to over 80 senior
management employees across the group.
The full terms and conditions of the VCS, including relevant
performance criteria and maximum awards, are set out in the Company
announcement dated 8 January 2021.
For further information, please contact:
IG Design Group plc Tel: 0152 588
7310
Paul Fineman, Chief Executive Officer
Giles Willits, Chief Financial Officer
Canaccord Genuity Limited (Nominated Adviser Tel: 0207 523
and Broker) 8000
Bobbie Hilliam, NOMAD
Georgina McCooke
Alex Aylen - Sales
Alma PR Tel: 0203 405
0205
Susie Hudson
Sam Modlin
Molly Gretton
About IG Design Group plc
IG Design Group plc, the largest consumer gift packaging
business in the world, is a designer, innovator and manufacturer of
products that help people celebrate life's special occasions.
Design Group works with more than 11,000 customers in over 80
countries throughout the UK, Europe, Australia and the USA.
Its products are found in over 210,000 retail outlets, including
several of the world's biggest retailers, for example Walmart,
Target, Amazon, Costco, Lidl and Aldi. Its brand, Tom Smith, also
holds the Royal Warrant for the supply of Christmas crackers and
Christmas wrapping paper to the Royal family. Design Group is a
diverse business operating across multiple regions, categories,
seasons and brands.
Its five major product categories are: Celebrations, Gifting,
Craft& creative play, Stationery and 'Not-for-resale'
consumables. It offers customers a full end-to-end service from
design through to distribution, offering both branded and bespoke
products from the value-focused through to the higher-margin ends
of the market.
The Company was admitted to the Alternative Investment Market of
the London Stock Exchange in 1995 under the name 'International
Greetings plc' and rebranded to IG Design Group plc in 2016. For
further information please visit www.thedesigngroup.com.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Paul Fineman
-------------------------------------- ----------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/Status: Chief Executive Officer
-------------------------------------- ----------------------------------
b) Initial Notification/Amendment: Initial Notification
-------------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name: IG Design Group plc
-------------------------------------- ----------------------------------
b) LEI: 213800J8I5XDZ3JU8496
-------------------------------------- ----------------------------------
4. Details of transaction(s); section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted .
--------------------------------------------------------------------------
a) Description of the financial Ordinary shares of 5 pence each
instrument: ISIN: GB0004526900
Identification code:
-------------------------------------- ----------------------------------
b) Nature of the transaction: Grant of awards under the IG
Design Value Creation Scheme
-------------------------------------- ----------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
-------------------------------------- ----------- ---------------------
Nil-cost Such number of
Shares as equals
17.5% of the VCS
Pool
-------------------------------------- ----------- ---------------------
d) Aggregated volume: N/A
Price:
-------------------------------------- ----------------------------------
e) Date of the Transaction: 19 February 2021
-------------------------------------- ----------------------------------
f) Place of the Transaction: Outside a trading venue
-------------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Giles Willits
-------------------------------------- ----------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/Status: Chief Financial Officer
-------------------------------------- ----------------------------------
b) Initial Notification/Amendment: Initial Notification
-------------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name: IG Design Group plc
-------------------------------------- ----------------------------------
b) LEI: 213800J8I5XDZ3JU8496
-------------------------------------- ----------------------------------
4. Details of transaction(s); section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted .
--------------------------------------------------------------------------
a) Description of the financial Ordinary shares of 5 pence each
instrument: ISIN: GB0004526900
Identification code:
-------------------------------------- ----------------------------------
b) Nature of the transaction: Grant of awards over ordinary
shares
-------------------------------------- ----------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
-------------------------------------- ----------- ---------------------
Nil-cost Such number of
Shares as equals
12.5% of the VCS
Pool
-------------------------------------- ----------- ---------------------
d) Aggregated volume: N/A
Price:
-------------------------------------- ----------------------------------
e) Date of the Transaction: 19 February 2021
-------------------------------------- ----------------------------------
f) Place of the Transaction: Outside a trading venue
-------------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Lance Burn
-------------------------------------- ----------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/Status: Executive Director
-------------------------------------- ----------------------------------
b) Initial Notification/Amendment: Initial Notification
-------------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name: IG Design Group plc
-------------------------------------- ----------------------------------
b) LEI: 213800J8I5XDZ3JU8496
-------------------------------------- ----------------------------------
4. Details of transaction(s); section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted .
--------------------------------------------------------------------------
a) Description of the financial Ordinary shares of 5 pence each
instrument: ISIN: GB0004526900
Identification code:
-------------------------------------- ----------------------------------
b) Nature of the transaction: Grant of awards over ordinary
shares
-------------------------------------- ----------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
-------------------------------------- ----------- ---------------------
Nil-cost Such number of
Shares as equals
7.5% of the VCS
Pool
-------------------------------------- ----------- ---------------------
d) Aggregated volume: N/A
Price:
-------------------------------------- ----------------------------------
e) Date of the Transaction: 19 February 2021
-------------------------------------- ----------------------------------
f) Place of the Transaction: Outside a trading venue
-------------------------------------- ----------------------------------
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