- Peter Hargreaves disposal cuts his holding from 23.9 per cent to 19.8 per cent
- The sale coincides with a £192m sale from Dunelm deputy chairman via an accelerated bookbuild
Hargreaves Lansdown (HL.) co-founder Peter Hargreaves has sold shares worth £300m via a placing with institutional investors. The accelerated book build was completed at a price of 1,535p a share, a 7 per cent discount to the closing price the day of the deal’s announcement.