IG Design : HOLDINGS IN COMPANY 25/03/2017 - TR-1 NOTIFICATION HARGREAVE HALE
March 28, 2017 at 09:55 am EDT
Share
For filings with the FCA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii
IG DESIGN GROUP PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other:
3. Full name of person(s) subject to the notification obligation: iii
HARGREAVE HALE LIMITED
4. Full name of shareholder(s)
(if different from 3.):iv
DISCRETIONARY CLIENTS
5. Date of the transaction and date on which the threshold is crossed or reached: v
24 MARCH 2017
6. Date on which issuer notified:
27 MARCH 2017
7. Threshold(s) that is/are crossed or reached: vi,vii
5%
8. Notified details:
A: Voting rights attached to shares viii,ix
Class/type of shares
if possible using
the ISIN CODE
Situation previous to the triggering transaction
Resulting situation after the triggering transaction
Number of Shares
Number of Voting Rights
Number of shares
Number of voting rights
% of voting rights
Direct
Indirect
Direct xi
Indirect xii
Direct
Indirect
GB0004526900
3,057,700
3,057,700
3,182,700
3,182,700
5.0808%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
Expiration datexiii
Exercise/ Conversion Period xiv
Number of voting rights that may be acquired if the instrument is exercised/ converted.
% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument
Exercise price
Expiration datexvii
Exercise/ Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix,
xx
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
3,182,700
5.0808%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
3,125,000 of these shares are held in a unit trust operated by Marlborough Fund Managers Ltd, for whom Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis. The remaining shares are held on behalf of other discretionary clients.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:
David Clueit Hargreave Hale Ltd
15. Contact telephone number:
01253 754739
IG Design Group plc published this content on 25 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 March 2017 13:55:15 UTC.
Original documenthttps://www.thedesigngroup.com/wp-content/uploads/2017/03/TR1-Notification-Hargreave-Hale-24-3-17.pdf
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IG Design Group plc designs, manufactures, sources, and distributes a range of products for occasions across the globe. The Company works with retailers, offering a full end-to-end service from design through distribution. It manufactures and distributes celebrations, craft and creative play, stationery, gifting, and not-for-resale consumable products. Its segments include DG Americas and DG International. The DG Americas segment includes overseas operations in Asia, Australia, the United Kingdom, India, and Mexico, being the overseas entities of United States companies. The DG International segment comprises the consolidation of the separately owned United Kingdom, European, and Australian businesses. Its celebration products include greeting cards, gift wrap, Christmas crackers, gift bags, and partyware. It also specializes in researching, designing, sourcing, and distributing both licensed and bespoke food and non-food gifts. Its brands include TOM SMITH, perler and Butterick.