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IFG Group issue shares

Date: 19-09-2005
Source: IFG Group plc.

As part of the contractual arrangements with the Vendors of Berkeley Jacobs Financial Services Limited the Vendors were issued with 911,226 ordinary shares in IFG Group plc that were subject to a buy back option in certain circumstances. As part of the settlement of litigation between the parties it has been agreed that IFG shall exercise the option to acquire these shares for a total consideration of €3. These shares will be held as Treasury Shares and represent 1.40% of the total issued share capital of the Company.

 

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