Director dealings: IWG CEO sells big batch of shares

Estorn Limited, an entity closely associated with IWG boss Mark Dixon, sold a hefty amount of shares.

According to IWG, on 28 May, Estorn sold 35m shares at roughly 1.96p apiece for a total transaction amount of about £68.54m.

The proceeds were to be used to unwind pledge and lending arrangements between Estorn and Deutsche Bank Luxembourg SA.

Following the sale Dixon was left with a stake of 25.2% in IWG.

Top Director Buys

Man Group (EMG)
Director name: Joshi ,Dixit
Amount purchased: 38,183 @ 261.32p
Value: £99,778.82

Foresight Solar Fund Limited (FSFL)
Director name: Ohlsson,Alex
Amount purchased: 100,000 @ 87.20p
Value: £87,200.00

Finsbury Growth & Income Trust (FGT)
Director name: Hayes ,Simon
Amount purchased: 3,738 @ 839.85p
Value: £31,393.73

Land Securities Group (LAND)
Director name: Mannings,Moni
Amount purchased: 4,643 @ 646.00p
Value: £29,993.78

Brighton Pier Group (the) (PIER)
Director name: Martin,Anne
Amount purchased: 10,821 @ 45.38p
Value: £4,911.10

Pharos Energy (PHAR)
Director name: Rivett,Sue
Amount purchased: 4,013 @ 24.30p
Value: £975.16

Marks & Spencer Group (MKS)
Director name: Bickerstaffe,Katie
Amount purchased: 49 @ 301.40p
Value: £147.69

Top Director Sells

Iwg (IWG)
Director name: Dixon,Mark
Amount sold: 35,000,000 @ 195.82p
Value: £68,536,999.23

Aj Bell (AJB)
Director name: Summersgill ,Michael Thomas
Amount sold: 119,000 @ 393.07p
Value: £467,747.58

Aj Bell (AJB)
Director name: Summersgill ,Michael Thomas
Amount sold: 81,000 @ 387.83p
Value: £314,138.74

Taseko Mines Limited Npv (di) (TKO)
Director name: Hallbauer,Russell
Amount sold: 50,000 @ $4.10
Value: $121,280.32

Aj Bell (AJB)
Director name: Birch,Peter
Amount sold: 6,500 @ 386.68p
Value: £25,134.20

Taseko Mines Limited Npv (di) (TKO)
Director name: Hallbauer,Russell
Amount sold: 9,100 @ $3.95
Value: $21,265.47

Aj Bell (AJB)
Director name: Summersgill ,Michael Thomas
Amount sold: 5,000 @ 387.83p
Value: £19,391.28