IN BRIEF: IWG CEO Mark Dixon sells GBP69 million in shares
29th May 2024 13:39
International Workplace Group PLC - Zug, Switzerland-based flexible office provider formerly known as IWG and Regus - Chief Executive Officer Mark Dixon sells 35.0 million shares via Estorn Ltd at GBP1.96 each, worth GBP68.5 million, on Tuesday. The sale proceeds will be to used unwind pledge and lending arrangements between Estorn and the Luxembourg arm of Deutsche Bank AG, IWG explains. Dixon retains 254.8 million shares, a 25% stake. Read More