Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
David Ledwidge
2
Reason for the notification
a)
Position/status
Executive Director and Chief Financial Officer
b)
Initial Notification Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Irish Continental Group plc
b)
LEI
635400FQKB6QXERQOC74
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument Identification code
ICG Unit
ISIN : IE00BLP58571
b)
Nature of the transaction
Grant of options under the Irish Continental Group plc Performance Share Plan. The vesting of these options is subject to performance conditions measured over a three year performance period.
c)
Price(s) and volume(s)
Price(s) Volume(s) €0.065 135,500
d)
Aggregated information — Aggregated volume — Price
Irish Continental Group plc is an Irish based maritime transport group with a pivotal position in the logistics chain and facilitating Ireland's international trade and tourism. The activity is organized around two business units:
- Ferries (68% of revenues): owning a fleet of multi-purpose ferries carrying passengers and roro freight between Ireland, Britain and Continental Europe, together with vessel chartering operations;
- Container and Terminal (32%): container shipping services between Ireland and Continental Europe, using a modern fleet of container vessels and equipment together with container terminal operations at Dublin and Belfast Ports.
Revenues are distributed geographically as follows: Ireland (32.6%), the United Kingdom (27%), the Netherlands (16.8%), Belgium (6.6%), France (4.1%), Poland (2.8%), Germany (1.6%), Austria (1.6%) and other (6.9%).