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  2. Share Prices
  3. Moneysupermarket.Com Share Price
  4. Moneysupermarket.Com Share News
  5. Moneysupermarket Founder Nixon Sells Entire Stake For GBP124 Million (ALLISS)

Pin to quick picksMoneysupermarket.Com Share News (MONY)

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Share Price: 229.60
Bid: 228.80
Ask: 230.20
Change: 0.80 (0.35%)
Spread: 1.40 (0.612%)
Open: 227.80
High: 232.60
Low: 227.80
Prev. Close: 228.80
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Moneysupermarket Founder Nixon Sells Entire Stake For GBP124 Million (ALLISS)

Wed, 16th Mar 2016 07:47

LONDON (Alliance News) - Moneysupermarket.com Group PLC founder Simon Nixon has completed the sale of his entire remaining stake in the company, according to a Credit Suisse announcement on Wednesday.

Credit Suisse Securities placed 37.8 million shares on behalf of Nixon at 328.00 pence per share, raising a total of GBP124.0 million. The shares sold represent around 6.9% of the company's issued share capital. Moneysupermarket shares closed at 343.6p on Tuesday. The intended sale was announced soon after the market close Tuesday and completed by early Wednesday.

Credit Suisse was the sole bookrunner on the placing.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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