(Sharecast News) - IG Design revealed on Wednesday that founder and non-executive director Anders Hedlund had acquired 16.64m ordinary shares in the AIM-listed stationery product manufacturer.

Hedlund, who acquired the shares from a family controlled company in the British Virgin Islands of which he is a beneficiary, purchased the shares on Tuesday at an average price of 88p each, for a total value of £14.64m.

Following the transaction, the Hedlund family holds a beneficial interest in 22.91m ordinary IG Design shares, representing 23.31% of the current issued share capital of the company.

As of 1525 BST, IG Design shares were up 1.89% at 81p.

Reporting by Iain Gilbert at Sharecast.com

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Ig Design Group (IGR)

Director name: Hedlund,S Anders

Amount purchased: 16,642,640 @ 88.00p

Value: £14,645,523.12

Metlen Energy & Metals (MTLN)

Director name: Mytilineos,Evangelos

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Director name: Dorfman ,Charles

Amount purchased: 400,000 @ 32.00p

Value: £128,000.00

Everyman Media Group (EMAN)

Director name: Dorfman ,Charles

Amount purchased: 300,000 @ 34.75p

Value: £104,250.00

Everyman Media Group (EMAN)

Director name: Dorfman ,Charles

Amount purchased: 250,000 @ 34.90p

Value: £87,250.00

Ig Design Group (IGR)

Director name: Gilliland,Stewart

Amount purchased: 50,000 @ 83.70p

Value: £41,850.00

Ig Design Group (IGR)

Director name: Cummings,Rohan

Amount purchased: 43,741 @ 90.99p

Value: £39,799.94

Oxford Metrics (OMG)

Director name: Bullard,Gary

Amount purchased: 75,000 @ 44.30p

Value: £33,224.19

Ig Design Group (IGR)

Director name: Askem,Clare

Amount purchased: 21,276 @ 94.00p

Value: £19,999.44

Everyman Media Group (EMAN)

Director name: Dorfman ,Charles

Amount purchased: 48,000 @ 34.95p

Value: £16,776.00

British Land Company (BLND)

Director name: Carter,Simon

Amount purchased: 36 @ 41,720.00p

Value: £15,019.20

Rathbones Group (RAT)

Director name: Duhon,Terri

Amount purchased: 500 @ 1,614.00p

Value: £8,070.00

Ig Design Group (IGR)

Director name: Gittins,John

Amount purchased: 8,637 @ 91.40p

Value: £7,894.22

Everyman Media Group (EMAN)

Director name: Dorfman ,Charles

Amount purchased: 25,000 @ 26.00p

Value: £6,500.00

Onward Opportunities Limited Npv (ONWD)

Director name: Allen,Luke

Amount purchased: 4,538 @ 127.22p

Value: £5,773.24

Sirius Real Estate Ltd. (SRE)

Director name: Coombs,Andrew

Amount purchased: 5,250 @ $0.98

Value: $4,257.02

Tatton Asset Management (TAM)

Director name: Hamnett,Pippa

Amount purchased: 601 @ 656.00p

Value: £3,942.56

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