IG Group Holdings (IGG)

Sector:

Financials

Index:

FTSE 250

1,122.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 1,134.00p
  • 52 Week Low: 787.50p
  • Currency: UK Pounds
  • Shares Issued: 348.61m
  • Volume: 1,167,777
  • Market Cap: £3,911.39m
  • RiskGrade: 149
  • Beta: 0.00

Tastytrade co-founders Sosnoff and Sheridan sell 6.5m shares in IG Group

By Michele Maatouk

Date: Thursday 29 Aug 2024

LONDON (ShareCast) - (Sharecast News) - Jefferies said late on Wednesday that Tom Sosnoff and Scott Sheridan had sold 6.5m IG Group shares in a placing to a limited number of institutional investors.
The placing represents around 1.8% of the existing share capital in the company.

Jefferies acted as sold global coordinator and sole bookrunner in connection with the placing, settlement of which is expected to take place on 2 September.

IG will not receive any proceeds from the placing.

Sosnoff and Sheridan were co-founders of US online brokerage and trading education platform Tastytrade, which was acquired by IG in 2021 for $1bn.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IGG Market Data

Currency UK Pounds
Share Price 1,122.00p
Change Today 2.00p
% Change 0.18 %
52 Week High 1,134.00p
52 Week Low 787.50p
Volume 1,167,777
Shares Issued 348.61m
Market Cap £3,911.39m
Beta 0.00
RiskGrade 149

IGG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.62% above the market average40.62% above the market average40.62% above the market average40.62% above the market average40.62% above the market average
1.01% above the sector average1.01% above the sector average1.01% above the sector average1.01% above the sector average1.01% above the sector average
Price Trend
86.17% above the market average86.17% above the market average86.17% above the market average86.17% above the market average86.17% above the market average
75.47% above the sector average75.47% above the sector average75.47% above the sector average75.47% above the sector average75.47% above the sector average
Income Not Available
Growth
84.78% below the market average84.78% below the market average84.78% below the market average84.78% below the market average84.78% below the market average
73.63% below the sector average73.63% below the sector average73.63% below the sector average73.63% below the sector average73.63% below the sector average

What The Brokers Say

Strong Buy 5
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IGG Dividends

  Latest Previous
  Interim Final
Ex-Div 30-Jan-25 19-Sep-24
Paid 03-Mar-25 17-Oct-24
Amount 13.86p 32.64p

Trades for 30-May-2025

Time Volume / Share Price
16:43 30,073 @ 1,123.99p
15:45 1 @ 1,121.00p
15:45 1 @ 1,121.00p
16:06 4 @ 1,122.00p
16:06 5 @ 1,122.00p

IGG Key Personnel

Chair Robert Michael McTighe
CEO Breon Corcoran
CFO Clifford Abrahams

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