Donegal Investment Group plc (“Donegal Investment Group” or the “Company”)
10 February 2016
Donegal Investment Group announces that it purchased 5,000 Ordinary Shares of nominal value €0.13 each at an average price of €5.688 per share on 9 February 2016 to be held as treasury shares.
Following the purchase of these shares, the Company has a total of:
Donegal Investment Group also announces that it has been informed that Mr Geoffrey Vance has transferred 3,500 Ordinary Shares of nominal value €0.13 each to his son, Mr Ian Vance. The 3,500 Ordinary Shares were transferred in two lots of 1,750 Ordinary Shares on 17 December 2015 and 8 February 2016. Mr Geoffrey Vance is the Chairman of the Company. Following these share transfers, Mr Geoffrey Vance is the beneficial owner of 161,437 Ordinary Shares in the Company, representing 1.62% of the Company's current issued share capital and Mr Ian Vance is the beneficial owner of 3,500 Ordinary Shares in the Company, representing 0.04% of the Company’s current issued share capital.
|Donegal Investment Group|
|Ian Ireland, Managing Director||Telephone: + 353 74 91 21766|
|Jonathan Simmons, Director||Telephone: + 353 1 421 0000|