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Director - PDMR Shareholding

Date: 11-04-2007
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.

 

, 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.

 

, 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

 

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).

 

 

(i) and  (ii)

 

 

3

 

 

Name of person discharging managerial responsibilities/director

 

 

FRANK RYAN, A DIRECTOR

 

 

4

 

 

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

 

 

NOT APPLICABLE

 

 

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 DIRECTOR

 

 

6

 

 

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

 

 

12 CENT 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

 

 

FRANK RYAN – 406,069 ordinary shares

 

 

Towers Perrin Share Plan Services ( Guernsey ) Limited -  83,333 ordinary shares

 

 

8

 

 

State the nature of the transaction

 

 

Allotment and issue under the IFG Group Long

 

 

Term Incentive Plan 2006

 

 

 

 

9

 

 

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

 

 

83,333 Ordinary Shares

 

 

10

 

 

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

 

 

0.12%

 

 

11

 

 

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

 

 

Not applicable

 

 

12

 

 

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

 

 

Not Applicable

 

 

13

 

 

Price per share or value of transaction

 

 

€2.10

 

 

14

 

 

Date and place of transaction

 

 

11 April 2007  Dublin

 

 

15

 

 

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

 

 

489,402 shares and 0.71%

 

 

16

 

 

Date issuer informed of transaction

 

 

 

 

11 April 2007

 

 


 

 

If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes:

 

 

 

 

17

 

 

Date of grant

 

 

Not Applicable

 

 

18

 

 

Period during which or date on which it can be exercised

 

 

Not Applicable

 

 

19

 

 

Total amount paid (if any) for grant of the option

 

 

Not Applicable

 

 

20

 

 

Description of shares or debentures involved (class and number)

 

 

Not Applicable

 

 

21

 

 

Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise

 

 

Not Applicable

 

 

22

 

 

Total number of shares or debentures over which options are held following notification

 

 

Not Applicable

 

 

23

 

 

Any additional information

 

 

Not Applicable

 

 

24

 

 

Name of contact and telephone number for queries

 

 

Donal Lynch

 

 

01 2752809

 

 

 

 

 

 

 

 

 

 

Name and signature of authorised officer of issuer responsible for making notification

 

 

__________Donal Lynch__________________________________________

 

 

Date of notification _________11 April 2007.__________________________

 

 

 

 

 

 

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