Electronic trading major IG Group Holdings plc (LON:IGG) was notified on Thursday of a transaction carried out in respect of the company’s ordinary shares of 0.005p each by Mike McTighe.

On January 21, 2021, Mike McTighe, Chairman of IG Group Holdings, bought 3,100 shares in the company at a price of £8.279 per share. This makes the aggregate price of the transaction £25,664.90.

The report about the shares transaction was issued several hours after IG reported its financial results for the first half of fiscal year 2021. For the six month period to November 30, 2020, IG reported £416.9 million in revenue – topping the £399 million IG Group saw in 2H-2020 – and profits of £187.1 million, also better than the company’s previous best of £158 million seen over the previous six-month period.

Let’s also note the announcement about IG’s acquisition of US online broker tastytrade. IG paid about 10x revenues and 20x profits for tastytrade.

Let’s recall that Mike McTighe bought 3,500 shares in IG on July 23, 2020, that is, after the broker announced its financial results for the full year to May 31, 2020. The aggregate value of that transaction was £25,924.85.