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Director - PDMR Shareholding

Date: 30-03-2009
Source: IFG

SCHEDULE 11

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

 

Notes:           This form is intended for use by an issuer to make a RIS notification required by the Market Abuse Rules and section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer’s register in accordance with section 59 of the Companies Act 1990.

 

 

(1)      An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete

boxes 1 to 16
, 23 and 24.

 

 

(2)      An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete

boxes 1 to 4
, 6, 8, 13, 14, 16, 23 and 24.

 

 

(3)      An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete

boxes 1 to 3
and 17 to 24

 

 

(4)      An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

 

All relevant boxes should be completed in block capital letters

 

 

1

 

Name of the Issuer

 

                        IFG GROUP PLC

 

2

 

State whether the notification relates to:

 

(i)                   a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer’s register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii).

 

(ii)                

 

3

 

Name of person discharging managerial responsibilities

 

PAUL MCDERMOTT, A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

 

4

 

State whether notification realties to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

 

5

 

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

 

HOLDING OF PAUL MCDERMOTT (CONDITIONAL - SUBJECT TO RULES OF THE IFG GROUP LONG TERM INCENTIVE PLAN)

 

 

6

 

Description of shares (including class) debentures or derivatives or financial instruments relating to shares

 

€0.12 ORDINARY SHARES OF IFG GROUP PLC

 

7

 

Name or registered shareholder(s) and, if more than one, number of shares held by each of them

 

EXCELLERATEHRO SHARE PLAN SERVICES (GUERNSEY) LIMITED – 33,334 ORDINARY SHARES IN TRUST FOR PAUL MCDERMOTT

 

 

8

 

State the nature of the transaction

 

ALLOTMENT AND ISSUE UNDER THE IFG GROUP LONG TERM INCENTIVE PLAN 2006 TO THE TRUSTEES OF THE EMPLOYMENT BENEFIT TRUST

 

9

 

Number of shares, debentures or financial instruments relating to shares acquired

 

16,667 ORDINARY SHARES

 

10

 

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating  percentage)

 

0.02%

 

11

 

Number of shares, debentures or financial instruments relating to shares disposed

 

N/A

 

12

 

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating  percentage)

 

N/A

 

13

 

Price per share or value of transaction

 

€0.12 NOMINAL VALUE PER ORDINARY SHARE

 

14

 

Date and place of transaction

 

DUBLIN 30 MARCH 2009

 

15

 

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

33,334 ORDINARY SHARES (CONDITIONAL) AND 0.04%

 

16

 

Date issuer informed of transaction

 

30 MARCH 2009

 


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