IWG plc (GB:IWG) has released an update.
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Mark Dixon, CEO of International Workplace Group plc, has indirectly sold 35 million company shares through Estorn Limited, a firm associated with him. This significant transaction, conducted outside a trading venue, was aimed at unwinding financial arrangements with Deutsche Bank Luxembourg S.A. Post-sale, Dixon retains a 25.2% stake in the company, affirming his substantial influence with over 254 million voting rights.
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