29th Sep 2015 10:50
(Correcting that Hill sold shares on Monday.)
LONDON (Alliance News) - IG Group Holdings PLC said departing Chief Financial Officer Chris Hill sold 38,524 shares at a price of 779 pence per share on Monday.
Following this transaction, Hill holds 48,395 shares.
In August, investment supermarket Hargreaves Lansdown PLC poached Hill to be its new chief financial officer, and he is expected to take up the role in March 2016. Hill was chief financial officer at IG over the past four years and also worked for foreign exchange provider Travelex and US conglomerate General Electric in the past.
Shares in the spread betting and contracts-for-difference company were down 1.6% at 763.50p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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