Source - RNS
RNS Number : 8668J
IndigoVision Group PLC
14 September 2016
 

14 September 2016

 

IndigoVision Group plc

 

Purchase of Partnership Shares / Award of Matching Shares under the IndigoVision Group plc Share Incentive Plan 2010 (the "SIP")

 

IndigoVision Group plc (the "Company") announces that, on 7 September 2016, the trustee (the "Trustee") of the Company's HMRC approved all-employee SIP purchased ordinary shares of 1p each in the capital of the Company ("Shares") in the market at a price of £1.7199 per share on behalf of participants in the "Partnership Share" element of the SIP using deductions made from their gross salary.

 

The Company also announces that, on 7 September 2016, awards of further Shares were made to the above participants under the "Matching Share" element of the SIP on the basis of one free Matching Share for every one Partnership Share purchased. The Shares used to satisfy these awards were previously purchased in the market by the Trustee.

 

Details of the PDMR who participated in the purchase / award are as follows:

 

Name

Role

No. of Partnership Shares purchased

No. of Matching Shares awarded

Total no. of Shares acquired

Alex Swanson

Engineering Manager

73

73

146

 

In accordance with the rules of the SIP, Partnership and Matching Shares are initially held by the Trustee on the participants' behalf and, in the case of Matching Shares, must normally remain so held throughout a period of five years from the date of award.

 

Following the above notifications, the interests of the PDMR in Shares are as follows:

 

Name

Role

Total interest in Shares following this notification

Approximate % of Company's issued share capital

Alex Swanson

Engineering Manager

15,035

0.20%

 

 

For further information:

 

IndigoVision Group plc


Marcus Kneen

+44 (0)131 475 7200



N+1 Singer


Sandy Fraser

+44 (0)131 603 6873

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 Alex Swanson

2

Reason for the notification

a)

Position/status

Engineering Manager

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IndigoVision Group plc

b)

LEI

(Pending)

4

 

Details of the 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 instrument, type of instrument

 

Identification code

 

Ordinary shares of 1 pence each

 

 

GB0032654534

 

b)

Nature of the transaction

Purchase

c)

 

Price(s) and volume(s)

 

Price

Volume

£1.7199

146

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

146

 

£1.7199

 

e)

Date of the transaction

7 September 2016

f)

Place of the transaction

London Stock Exchange

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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