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IG Group Chairman offloads shares
Mon, 21 May, 2012
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IG Group Chairman offloads shares
Wed, 18 Jan 2012, 16:33:00
The Non-Executive Chairman of spread-betting firm <b>IG Group Holdings</b> has sold off around £0.6m-worth of shares in the company, one day after the firm unveiled a continuing strong performance during the first half. 
 
 Jonathan Davie sold 130,000 shares at 489.00p each for a total of £635,700. 
 
 He now holds 400,000 shares in the firm, equivalent to a 0.11% stake in the firm. 
 
 During the half year period ended November 30th, both profits and revenues at IG rose by 28%. 
 
 IG, which has benefited from the market volatility over the last year, said that net trading revenue increased from £153.0m to £195.6m in the six months as 15% more clients signed up to its services. 
 
 
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