IG Group Chairman offloads shares
A round-up of the biggest director buys today so far.
The Non-Executive Chairman of spread-betting firm IG Group Holdings has sold off around £0.6m-worth of shares in the company, one day after the firm unveiled a continuing strong performance during the first half.
Jonathan Davie sold 130,000 shares at 489.00p each for a total of £635,700.
He now holds 400,000 shares in the firm, equivalent to a 0.11% stake in the firm.
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During the half year period ended November 30th, both profits and revenues at IG rose by 28%.
IG, which has benefited from the market volatility over the last year, said that net trading revenue increased from £153.0m to £195.6m in the six months as 15% more clients signed up to its services.
Top Director Buys
Patagonia Gold (PGD)
Director name: Mr William (Bill) Humphries
Amount purchased: 200,000 @ 45.86p
Value: £91,720
Henderson EuroTrust (HNE)
Director name: Mr Bernard Joop Saparoea Feilzer
Amount purchased: 10,000 @ 491.50p
Value: £49,150
Sierra Rutile Ltd (SRX)
Director name: Mr Jan Alex Castro
Amount purchased: 35,000 @ 54.62p
Value: £19,117
Conroy Gold & Natural Resources (CGNR)
Director name: Mr Seamus Philip FitzPatrick
Amount purchased: 500,000 @ 3.62p
Value: £18,100
Stanley Gibbons Group (SGI)
Director name: Mr John T Byfield
Amount purchased: 10,000 @ 181.00p
Value: £18,100
Conroy Gold & Natural Resources (CGNR)
Director name: Mr Seamus Philip FitzPatrick
Amount purchased: 500,000 @ 3.45p
Value: £17,250
Conroy Gold & Natural Resources (CGNR)
Director name: Mr Seamus Philip FitzPatrick
Amount purchased: 400,000 @ 3.81p
Value: £15,240
ENK (ENK)
Director name: Mr Mark Hanlon
Amount purchased: 100,000 @ 11.50p
Value: £11,500
Top Director Sells
IG Group Holdings (IGG)
Director name: Mr Jonathan R Davie
Amount sold: 130,000 @ 489.00p
Value: £635,700
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