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Stephen Lansdown offloads £200m Hargreaves stake

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Stephen Lansdown offloads £200m Hargreaves stake

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  • An announcement to the stock exchange said he had sold 14.5m shares, worth an estimated £200m.
  • The latest sell-off follows a disposal of 5.5m shares in April last year which netted the businessman £50m.
  • The sale comes one week after Hargreaves Lansdown shares jumped 14% after the Chancellor announced the merger of the stocks and shares and cash ISAs.

Read the full article here on Investment week

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