IG Group non-exec tops up stake
A round-up of the biggest director deals today so far.
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
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