IG Group's Davie takes a punt

A round-up of the biggest director deals today so far.

IG Group's chairman Jonathan Davie has lifted his stake in the spread-betting firm, spending about £165,000 on shares.

He took 90,000 shares in the company at just under 183.3p a time, raising his holding to 1m.

When Davie last bought into the company, back in March, he took 190,000 shares at 338p a time.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

The firm's share price fell heavily last week when it said it had seen a rise in doubtful debts during October, which was a very volatile period on the financial markets.

Davie, a chartered accountant, is a also a non-executive director at Credit Suisse Private Bank.

Top Director Buys

Value: £175,000

Value: £164,970

Value: £69,225

Value: £29,100

Value: £52,500

Value: £52,500

Value: £52,500

Value: £51,000

Value: £42,750

Value: £39,000