By Michele Maatouk
Date: Wednesday 29 May 2024
LONDON (ShareCast) - (Sharecast News) - IWG slumped on Wednesday after chief executive Mark Dixon sold 35m shares in the flexible workspace provider.
The shares were sold by Dixon's investment vehicle Estorn Limited at £1.9582 each. Proceeds from the disposal will be used to unwind pledge and lending arrangements entered into by Estorn with Deutsche Bank Luxembourg.
At 0905 BST, the shares were down 6.9% at 192.80p.
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Currency | UK Pounds |
Share Price | 215.20p |
Change Today | 0.80p |
% Change | 0.37 % |
52 Week High | 218.00 |
52 Week Low | 148.60 |
Volume | 1,127,484 |
Shares Issued | 1,015.06m |
Market Cap | £2,184.40m |
Beta | 0.00 |
RiskGrade | 213 |
Value | ![]() |
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Price Trend | ![]() |
---|
Income | ![]() |
---|
Growth | ![]() |
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Strong Buy | 4 |
Buy | 3 |
Neutral | 1 |
Sell | 0 |
Strong Sell | 0 |
Total | 8 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 01-May-25 | 05-Sep-24 |
Paid | 30-May-25 | 04-Oct-24 |
Amount | 0.90¢ | 0.43¢ |
Time | Volume / Share Price |
16:48 | 203,700 @ 215.26p |
15:35 | 2 @ 215.40p |
15:35 | 2 @ 215.40p |
15:35 | 2 @ 215.40p |
15:35 | 2 @ 215.40p |
Chair | Douglas Sutherland |
CEO | Mark Dixon |
CFO | Charlie Steel |
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