DIRECTOR DEALS: IWG chief exec Mark Dixon spends £6.1m on shares

DIRECTOR DEALS: IWG founder and chief exec Mark Dixon buys £6.1m worth of company shares

IWG boss Mark Dixon spent £6.1m buying shares in the company this week

The founder and chief executive of shared office provider IWG, Mark Dixon, spent £6.1million buying shares in the company this week. 

The 60-year-old bought 4.1m shares across purchases on Monday, Tuesday, Wednesday and Thursday as they tumbled in value. 

Although his efforts helped IWG’s share price move higher on Thursday and Friday, the company’s value is still around two-thirds lower than at the start of this year. 

He owns around 29 per cent of the company’s shares.