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%.
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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.
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