Moneysupermarket founder makes £200m from shareholding sale
Moneysupermarket.com founder Simon Nixon has sold 100m shares in the company, bringing him a cash windfall of £200m.
The shares represent approximately 18.5% of the issued share capital, and the sale represents Mr Nixon’s first substantial disposal since the company's IPO in July 2007.
Initially he intended to sell 80m shares, but the size of the placing was increased “due to strong market demand”.
Mr Nixon’s role changed from executive deputy chairman to non-executive deputy chairman of Moneysupermarket in April 2013, and according to the company the sale of 100m shares will allow him to diversify his
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