Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: IWG CEO sells big batch of shares

(Sharecast News) - Estorn Limited, an entity closely associated with IWG boss Mark Dixon, sold a hefty amount of shares. According to IWG, on 28 May, Estorn sold 35m shares at roughly 1.96p apiece for a total transaction amount of about £68.54m.

The proceeds were to be used to unwind pledge and lending arrangements between Estorn and Deutsche Bank Luxembourg SA.

Following the sale Dixon was left with a stake of 25.2% in IWG.

Top Director Buys

Man Group (EMG) Director name: Joshi ,Dixit Amount purchased: 38,183 @ 261.32p Value: £99,778.82

Foresight Solar Fund Limited (FSFL) Director name: Ohlsson,Alex Amount purchased: 100,000 @ 87.20p Value: £87,200.00

Finsbury Growth & Income Trust (FGT) Director name: Hayes ,Simon Amount purchased: 3,738 @ 839.85p Value: £31,393.73

Land Securities Group (LAND) Director name: Mannings,Moni Amount purchased: 4,643 @ 646.00p Value: £29,993.78

Brighton Pier Group (the) (PIER) Director name: Martin,Anne Amount purchased: 10,821 @ 45.38p Value: £4,911.10

Pharos Energy (PHAR) Director name: Rivett,Sue Amount purchased: 4,013 @ 24.30p Value: £975.16

Marks & Spencer Group (MKS) Director name: Bickerstaffe,Katie Amount purchased: 49 @ 301.40p Value: £147.69

Top Director Sells

Iwg (IWG) Director name: Dixon,Mark Amount sold: 35,000,000 @ 195.82p Value: £68,536,999.23

Aj Bell (AJB) Director name: Summersgill ,Michael Thomas Amount sold: 119,000 @ 393.07p Value: £467,747.58

Aj Bell (AJB) Director name: Summersgill ,Michael Thomas Amount sold: 81,000 @ 387.83p Value: £314,138.74

Taseko Mines Limited Npv (di) (TKO) Director name: Hallbauer,Russell Amount sold: 50,000 @ $4.10 Value: $121,280.32

Aj Bell (AJB) Director name: Birch,Peter Amount sold: 6,500 @ 386.68p Value: £25,134.20

Taseko Mines Limited Npv (di) (TKO) Director name: Hallbauer,Russell Amount sold: 9,100 @ $3.95 Value: $21,265.47

Aj Bell (AJB) Director name: Summersgill ,Michael Thomas Amount sold: 5,000 @ 387.83p Value: £19,391.28

Share this article

Related Sharecast Articles

Director dealings: Big Technologies CEO raises stake
(Sharecast News) - Big Technologies revealed on Thursday that chief executive Sara Murray had acquired 100,000 ordinary shares in the AIM-listed technology firm.
Director dealings: Castings finance director makes share purchase
(Sharecast News) - Castings revealed on Wednesday that finance director Steve Mant had acquired 3,230 ordinary shares in the London-listed iron casting and machining group.
Director dealings: Science Group chairman ups stake
(Sharecast News) - Science Group revealed on Monday that chairman Martyn Ratcliffe had acquired 10,000 ordinary shares in the AIM-listed science, engineering and technology firm.
Director dealings: Tullow Oil director makes share purchase
(Sharecast News) - Tullow Oil revealed on Friday that non-executive director Roald Goethe had acquired 300,000 ordinary shares in the FTSE 250-listed exploration firm.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.