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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: IWG CEO snaps up shares

(Sharecast News) - IWG revealed on Thursday that chief executive Christian Schmitz had acquired 50,000 ordinary shares in the FTSE 250-listed serviced offices provider. Schmitz, who took over as CEO in June, purchased the shares on Wednesday at an average price of 182.60p each, for a total value of £91,300.

As of 1535 BST, IWG shares were up 1.92% at 186p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

International Workplace Group (IWG) Director name: Schmitz ,Christian Amount purchased: 50,000 @ 182.60p Value: £91,300.00

Ultimate Products (ULTP) Director name: Dent,Chris Amount purchased: 4,875 @ 52.80p Value: £2,574.00

Top Director Sells

Gcm Resources (GCM) Director name: Fulton,Keith Amount sold: 144,368 @ 17.25p Value: £24,910.70

Ultimate Products (ULTP) Director name: Dent,Chris Amount sold: 4,875 @ 53.50p Value: £2,608.13

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.