Three directors of Iona Technologies have sold shares worth almost £2 million, although they retain sizeable shareholdings in the company. Mr Colin Newman and Mr Annrai O'Toole have each sold 37,500 shares at an average price of $24.59 to realise $922,235 (£618,875), while Mr Sean Baker sold 36,000 at the same price to realise $885,240 (£594,120).