Sold stake equated to 12.9% of company
Moneysupermarket founder Simon Nixon has netted gross proceeds of £129.5m by selling 70 million shares in the price comparison firm.
The sold shareholding equates to 12.9% of the company’s total share capital.
Moneysupermarket announced yesterday that Nixon was planning to sell 55 million shares, equating to 10% of the company’s share capital.
But the founder ended up selling a bigger stake because of “strong investor demand”, the company said in a stock exchange announcement this morning.
Following the sale, Nixon still holds 89.8 million shares in Moneysupermarket, equating to 16.6% of the total.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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