IG Group non-exec tops up stake

Stephen Hill, a Non-Executive Director of IG Group Holdings, the FTSE 250 spread-betting firm, has purchased 111,736 shares.

Hill, who worked as the CEO of the Financial Times for Pearson between 1996 and 2002, bought the shares at 444.15p each for a total of £496,275.

The purchase comes just a fortnight after the group admitted it has experienced a significant slowdown in sales growth during the third quarter, after the previous market volatility that had helped sales in the first half was alleviated.

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In the three months to February 29th, revenue increased by just 1.5% year-on-year to £75m. In the first six months of the fiscal year, net trading revenue surged 27.8% to £195.46m.

Top Director Buys

Glencore International (GLEN)

Director name: Mr Li Ning

Amount purchased: 61,000 @ 393.57p

Value: £240,078

IG Group Holdings (IGG)

Director name: Mr Stephen Hill

Amount purchased: 111,736 @ 444.15p

Value: £496,275

Premier Management Holdings (PMA)

Director name: Dr Reza Tabrizi

Amount purchased: 16,666,667 @ 0.76p

Value: £126,667

Smith & Nephew (SN.)

Director name: Mr Joseph C. Papa

Amount purchased: 7,500 @ 630.09p

Value: £47,257

Edinburgh UK Tracker Trust (EUK)

Director name: Mr Christopher Purvis

Amount purchased: 16,800 @ 259.75p

Value: £43,638

Earthport (EPO)

Director name: Mr Hank Uberoi

Amount purchased: 250,000 @ 16.00p

Value: £40,000

Premier Management Holdings (PMA)

Director name: Mr Christian Schaffalitzky

Amount purchased: 4,166,667 @ 0.76p

Value: £31,667

Enterprise Inns (ETI)

Director name: Mr Robert M Walker

Amount purchased: 50,000 @ 56.75p

Value: £28,375

HICL Infrastructure Company Ltd C Shs (HIC)

Director name: Mr Graham Picken

Amount purchased: 25,000 @ 100.00p

Value: £25,000

HICL Infrastructure Company Ltd C Shs (HIC)

Director name: Mr Chris Russell

Amount purchased: 25,000 @ 100.00p

Value: £25,000

Top Director Sells

Prudential (PRU)

Director name: Mr Nicolaos Nicandrou

Amount sold: 185,765 @ 749.31p

Value: £1,391,956

Prudential (PRU)

Director name: Mr Tidjane Thiam

Amount sold: 175,632 @ 749.31p

Value: £1,316,028

Prudential (PRU)

Director name: Mr Robert Devey

Amount sold: 141,994 @ 749.31p

Value: £1,063,975

Aviva (AV.)

Director name: Mr Andrew Moss

Amount sold: 270,000 @ 337.97p

Value: £912,519

Prudential (PRU)

Director name: Mr Michael McLintock

Amount sold: 54,039 @ 749.31p

Value: £404,920

Beazley (BEZ)

Director name: Mr Clive Washbourn

Amount sold: 197,452 @ 137.00p

Value: £270,509

Prudential (PRU)

Director name: Mr Nicolaos Nicandrou

Amount sold: 35,531 @ 749.31p

Value: £266,237

Prudential (PRU)

Director name: Mr Robert Devey

Amount sold: 26,352 @ 749.31p

Value: £197,458

Beazley (BEZ)

Director name: Mr Andrew Horton

Amount sold: 119,471 @ 137.00p

Value: £163,675

Beazley (BEZ)

Director name: Mr Neil Maidment

Amount sold: 116,708 @ 137.00p

Value: £159,890