IG Group non-exec tops up stake

Stephen Hill, a Non-Executive Director of IG Group Holdings, the FTSE 250 spread-betting firm, has purchased 111,736 shares. Hill, who worked as the CEO of the Financial Times for Pearson between 1996 and 2002, bought the shares at 444.15p each for a total of £496,275. The purchase comes just a fortnight after the group admitted it has experienced a significant slowdown in sales growth during the third quarter, after the previous market volatility that had helped sales in the first half was alleviated. In the three months to February 29th, revenue increased by just 1.5% year-on-year to £75m. In the first six months of the fiscal year, net trading revenue surged 27.8% to £195.46m. Top Director BuysGlencore International (GLEN) Director name: Mr Li NingAmount purchased: 61,000 @ 393.57p Value: £240,078IG Group Holdings (IGG) Director name: Mr Stephen HillAmount purchased: 111,736 @ 444.15p Value: £496,275Premier Management Holdings (PMA) Director name: Dr Reza TabriziAmount purchased: 16,666,667 @ 0.76p Value: £126,667Smith & Nephew (SN.) Director name: Mr Joseph C. PapaAmount purchased: 7,500 @ 630.09p Value: £47,257Edinburgh UK Tracker Trust (EUK) Director name: Mr Christopher Purvis Amount purchased: 16,800 @ 259.75p Value: £43,638Earthport (EPO) Director name: Mr Hank UberoiAmount purchased: 250,000 @ 16.00p Value: £40,000Premier Management Holdings (PMA) Director name: Mr Christian SchaffalitzkyAmount purchased: 4,166,667 @ 0.76p Value: £31,667Enterprise Inns (ETI) Director name: Mr Robert M WalkerAmount purchased: 50,000 @ 56.75p Value: £28,375HICL Infrastructure Company Ltd C Shs (HIC) Director name: Mr Graham PickenAmount purchased: 25,000 @ 100.00p Value: £25,000HICL Infrastructure Company Ltd C Shs (HIC) Director name: Mr Chris RussellAmount purchased: 25,000 @ 100.00p Value: £25,000Top Director SellsPrudential (PRU) Director name: Mr Nicolaos NicandrouAmount sold: 185,765 @ 749.31p Value: £1,391,956Prudential (PRU) Director name: Mr Tidjane ThiamAmount sold: 175,632 @ 749.31p Value: £1,316,028Prudential (PRU) Director name: Mr Robert DeveyAmount sold: 141,994 @ 749.31p Value: £1,063,975Aviva (AV.) Director name: Mr Andrew MossAmount sold: 270,000 @ 337.97p Value: £912,519Prudential (PRU) Director name: Mr Michael McLintockAmount sold: 54,039 @ 749.31p Value: £404,920Beazley (BEZ) Director name: Mr Clive WashbournAmount sold: 197,452 @ 137.00p Value: £270,509Prudential (PRU) Director name: Mr Nicolaos NicandrouAmount sold: 35,531 @ 749.31p Value: £266,237Prudential (PRU) Director name: Mr Robert DeveyAmount sold: 26,352 @ 749.31p Value: £197,458Beazley (BEZ) Director name: Mr Andrew HortonAmount sold: 119,471 @ 137.00p Value: £163,675Beazley (BEZ) Director name: Mr Neil MaidmentAmount sold: 116,708 @ 137.00p Value: £159,890 Prudential Aviva Smith & Nephew IG Beazley