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Simon Nixon offloads his remaining shares in Moneysupermarket.com

Discussion in 'Market News' started by Lily, Mar 17, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Co-founder sells final tranche of shares in price comparison site for £124m, bringing total raised from shareholding to £700m

    Simon Nixon, the university dropout turned multimillionaire co-founder of Moneysupermarket.com, has sold the final tranche of his shareholding in the comparison website for £124m.

    Nixon offloaded his remaining 6.9% stake on Wednesday for 328p a share. The move prompted the company’s share price to dip by about 5% to 326p.

    Related: Share sale to make Moneysupermarket co-founder a billionaire

    Related: Martin Lewis nets £25m after selling Moneysupermarket.com shares

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