IG Group Holdings plc has announced the appointment of Breon Corcoran as the Chief Executive Officer, effective today, following the receipt of FCA approval. This appointment aligns with the company's previous announcement made on 8 December 2023. In accordance with the UK Market Abuse Regulation, the notification provides details about an award granted to Corcoran under the IG Group Holdings plc 2023 Sustained Performance Plan ("SPP").
Breon Corcoran, in his capacity as the Chief Executive Officer, has been granted par cost options under the IG Group 2023 Sustained Performance Plan. The transaction, which involved the award of 174,228 Ordinary Shares of 0.005 pence each, took place outside a trading venue on 29 January 2024. The price per share for this transaction was £0.00.
The notification also includes contact information for the Company Secretariat, IG Group Investors, IG Group Press, and FTI Consulting. For further details or inquiries, interested parties can reach out to the provided contacts.
This announcement signifies a significant development for IG Group Holdings plc, as Breon Corcoran assumes the role of CEO and is granted an award under the 2023 Sustained Performance Plan. These actions are in line with the company's strategic decisions and regulatory requirements, further solidifying its position in the market.