IWG CEO Transfers Shares to Owned Entity, Retains Control

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IWG CEO Transfers Shares to Owned Entity, Retains Control

IWG plc ( (GB:IWG) ) has issued an announcement.

Mark Dixon, CEO of International Workplace Group plc, transferred 128,677 ordinary shares to Estorn Limited, a company he fully owns, without altering his overall shareholding or voting rights in IWG. This transaction maintains Dixon’s significant influence in the company, holding approximately 25.3% of the total voting rights, reflecting stability in his control and potential strategic positioning within the company.

More about IWG plc

International Workplace Group plc (IWG) operates in the flexible workspace industry, providing office space solutions and services to businesses worldwide. The company focuses on offering adaptable work environments to cater to the evolving needs of modern enterprises.

YTD Price Performance: 11.25%

Average Trading Volume: 2,334,952

Technical Sentiment Signal: Hold

Current Market Cap: £1.78B

See more insights into IWG stock on TipRanks’ Stock Analysis page.

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