Skip to main content

ICG : Notification of Transaction of Directors

Written by Customer Service on . Posted in Public Companies.

Intermediate Capital Group plc (the “Company”)8 June 2020Vesting of Share Awards/Notification of Transactions of DirectorsIn accordance with the UK Financial Conduct Authority Disclosure and Transparency Rule 3, the Company wishes to announce that it received notification on 5 June 2020 that the following ordinary shares of the Company had vested under the terms of awards to directors.BENOIT DURTESTEOn 4 June 2020, the following number of ordinary shares of the Company vested under the terms of PLC Equity Awards made to Benoit Durteste under the Intermediate Capital Group Omnibus Plan:Dates of Grant:                                     20 May 2015, 24 May 2016 and 25 May 2017Aggregate Number of Shares Vested:  442,595In accordance with the terms of the awards, the number above includes additional shares equivalent in value to the dividends payable on the vested shares between the date of Award and the date of their transfer to the Director.The Director met certain liabilities for income tax and national insurance contributions on the vesting of his Awards by agreeing to sell the number of shares shown below in London on 4 June 2020 at a price of £13.12 per share.Number of Shares Sold to Cover Tax:   208,022Total Number of Shares Received:        234,573As a consequence of the above transaction Benoit Durteste and his connected persons had an interest in 1,141,580 ordinary shares in the Company, representing approximately 0.39% of the total issued share capital (excluding treasury shares) of Intermediate Capital Group PLC.ANTJE HENSEL-ROTHOn 4 June 2020, the following number of ordinary shares of the Company vested under the terms of Deferred Share Awards made to Antje Hensel-Roth under the Intermediate Capital Group Omnibus Plan:Dates of Grant:                                     22 May 2019Aggregate Number of Shares Vested:  7,206In accordance with the terms of the awards, the number above includes additional shares equivalent in value to the dividends payable on the vested shares between the date of Award and the date of their transfer to the Director.The Director met certain liabilities for income tax and national insurance contributions on the vesting of her Awards by agreeing to sell the number of shares shown below in London on 4 June 2020 at a price of £13.12 per share.Number of Shares Sold to Cover Tax:   3,387Total Number of Shares Received:        3,819As a consequence of the above transaction Antje Hensel-Roth and her connected persons had an interest in 25,440 ordinary shares in the Company, representing approximately 0.01% of the total issued share capital (excluding treasury shares) of Intermediate Capital Group PLC.Contacts:
Ian Stanlake
Investor Relations, Intermediate Capital Group plcD: +44 (0) 20 3201 7880
ian.stanlake@icgam.comAlicia Wyllie
Corporate Communications, Intermediate Capital Group plcD: +44 (0) 20 3201 7994
M: +44 (0) 7808 610 080
Alicia.wyllie@icgam.comAndy Lewis
Company Secretary, Intermediate Capital Group plcD: +44 (0) 20 3201 7754
andrew.lewis@icgam.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.