IG Group applies for block listing of 1m ordinary shares
The ordinary shares will be issued and allotted under the IG Group Sustained Performance Plan.
Electronic trading major IG Group Holdings plc (LON:IGG) plans to list additional 1 million shares.
IG’s Board today announces that a listing application has today been made to the Financial Conduct Authority and to The London Stock Exchange for a block listing of 1,000,000 ordinary shares of 0.005p each in the Company (“Ordinary Shares”). These shares are set to be admitted to the premium listing section of the Official List of the UK Listing Authority and admitted to trading on the main market of The London Stock Exchange.
The Ordinary Shares will be issued and allotted under the IG Group Sustained Performance Plan and will rank equally in all respects with the existing issued Ordinary Shares of IG.
It is expected that admission will become effective on or around July 24, 2020.
The number of IG’s ordinary shares with voting rights in issue as at July 1, 2020 consisted of 369,439,455 shares of 0.005p each.