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ICG: Notification of Transactions of Director...
ICG: Notification of Transactions of Director....
About this update from Icg Plc
[{"type":"text","content":"\n\n \n \n\n ICG: Notification of Transactions of Directors\n\nIntermediate Capital Group PLC (“ICG”) (the “Company”) 2 June 2023 Vesting of Share Awards/Notification of Transactions of Directors The Company wishes to announce that the following ordinary shares of the Company vested under the terms of awards granted under the Intermediate Capital Group Omnibus Plan to directors. BENOIT DURTESTE On 1 June 2023, 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: 22 May 2018, 22 May 2019, 4 June 2020 Aggregate Number of Shares Vested: 381,335 In 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 selling the number of shares shown below in London on 1 June 2023 at a price of £13.9650 per share. Number of Shares Sold to Cover Tax: 179,229 Total Number of Shares Received: 202,106 As a consequence of the above transaction Benoit Durteste and his connected persons retain an interest in 1,569,416 ordinary shares in the Company, representing approximately 0.54% of the total issued share capital (excluding treasury shares) of the Company. VIJAY BHARADIA On 1 June 2023, the following number of ordinary shares of the Company vested under the terms of PLC Equity Awards made to Vijay Bharadia under the Intermediate Capital Group Omnibus Plan: Dates of Grant: 4 June 2020 Aggregate Number of Shares Vested: 26,345 In 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 awar...