Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Director dealings: IWG CEO sells big batch of shares
(Sharecast News) - 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
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.