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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
New Long Term Incentive Scheme IG Design Group plc announces its intention to grant awards to certain persons discharging managerial responsibilities of the Company ( PDMRs ) under a new Long Term Incentive Value Creation Scheme (the VCS ) approved by the Remuneration Committee of the Company and aligned with the Company s growth strategy. The Company has historically granted incentive awards annually following the publication of full year audited financial results, however, the Remuneration Committee determined it was appropriate to delay the awards made under the VCS due to the uncertainty caused by Covid-19. Participants in the VCS will not be granted any other long-term incentive awards during the three-year performance period of the VCS although the annual bonus and the existing in-flight long term incentives will continue to operate.
At the same time as the grant of such awards, awards relating in aggregate to a 2.0% allocation of the related plan pools were also granted under the Plan to a selected employee. The awards have been made to align the management team with the delivery of the Company s five-year strategic plan, GH25, which was announced with the annual results for the year to 31 December 2019. Each award is structured as a nil cost option over a number of shares to be determined on vesting in accordance with the awards pool principles and the participant s personal percentage allocation of related plan pools.
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;