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(Sharecast News) - IG Design revealed on Wednesday that founder and non-executive director Anders Hedlund had acquired 16.64m ordinary shares in the AIM-listed stationery product manufacturer.
Hedlund, who acquired the shares from a family controlled company in the British Virgin Islands of which he is a beneficiary, purchased the shares on Tuesday at an average price of 88p each, for a total value of £14.64m.
Following the transaction, the Hedlund family holds a beneficial interest in 22.91m ordinary IG Design shares, representing 23.31% of the current issued share capital of the company.
As of 1525 BST, IG Design shares were up 1.89% at 81p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
Ig Design Group (IGR)
Director name: Hedlund,S Anders
Amount purchased: 16,642,640 @ 88.00p
Value: £14,645,523.12
Metlen Energy & Metals (MTLN)
Director name: Mytilineos,Evangelos
Amount purchased: 15,000 @ 41.12
Value: 616,799.98
Tullow Oil (TLW)
Director name: Goethe,Roald
Amount purchased: 960,000 @ 13.60p
Value: £130,560.01
Everyman Media Group (EMAN)
Director name: Dorfman ,Charles
Amount purchased: 400,000 @ 32.00p
Value: £128,000.00
Everyman Media Group (EMAN)
Director name: Dorfman ,Charles
Amount purchased: 300,000 @ 34.75p
Value: £104,250.00
Everyman Media Group (EMAN)
Director name: Dorfman ,Charles
Amount purchased: 250,000 @ 34.90p
Value: £87,250.00
Ig Design Group (IGR)
Director name: Gilliland,Stewart
Amount purchased: 50,000 @ 83.70p
Value: £41,850.00
Ig Design Group (IGR)
Director name: Cummings,Rohan
Amount purchased: 43,741 @ 90.99p
Value: £39,799.94
Oxford Metrics (OMG)
Director name: Bullard,Gary
Amount purchased: 75,000 @ 44.30p
Value: £33,224.19
Ig Design Group (IGR)
Director name: Askem,Clare
Amount purchased: 21,276 @ 94.00p
Value: £19,999.44
Everyman Media Group (EMAN)
Director name: Dorfman ,Charles
Amount purchased: 48,000 @ 34.95p
Value: £16,776.00
British Land Company (BLND)
Director name: Carter,Simon
Amount purchased: 36 @ 41,720.00p
Value: £15,019.20
Rathbones Group (RAT)
Director name: Duhon,Terri
Amount purchased: 500 @ 1,614.00p
Value: £8,070.00
Ig Design Group (IGR)
Director name: Gittins,John
Amount purchased: 8,637 @ 91.40p
Value: £7,894.22
Everyman Media Group (EMAN)
Director name: Dorfman ,Charles
Amount purchased: 25,000 @ 26.00p
Value: £6,500.00
Onward Opportunities Limited Npv (ONWD)
Director name: Allen,Luke
Amount purchased: 4,538 @ 127.22p
Value: £5,773.24
Sirius Real Estate Ltd. (SRE)
Director name: Coombs,Andrew
Amount purchased: 5,250 @ $0.98
Value: $4,257.02
Tatton Asset Management (TAM)
Director name: Hamnett,Pippa
Amount purchased: 601 @ 656.00p
Value: £3,942.56
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