UPDATE: IWG Chief Executive Nets GBP94.2 Million In Share Sale (ALLISS)

LONDON (Alliance News) - The chief executive of IWG PLC, Mark Dixon, has completed a sale of ...

Alliance News 19 June, 2017 | 6:32PM
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LONDON (Alliance News) - The chief executive of IWG PLC, Mark Dixon, has completed a sale of 27.3 million shares in the company, raising a total of GBP94.2 million.

Dixon sold the shares at 345.1 pence each, with the shares representing a 3.0% stake in the firm. Following the sale, he has a 25% holding in the firm, or 230.9 million shares.

Shares in IWG closed down 0.8% at 359.50p Monday.

By Adam Clark; adamclark@alliancenews.com

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
IWG PLC 330.20 GBX 1.51 -
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