Stephen Lansdown offloads £200m Hargreaves stake

clock •

Stephen Lansdown has sold off another significant stake in Hargreaves Lansdown, the business he co-founded.

An announcement to the stock exchange said he had sold 14.5m shares, worth an estimated £200m. He retains 75.5m shares, equating to just under 16% of the business.

The latest sell-off follows a disposal of 5.5m shares in April last year which netted the businessman £50m.

Lansdown (pictured) stepped down from the Hargreaves Lansdown board in November 2012.

The sale comes one week after Hargreaves Lansdown shares jumped 14% after the Chancellor announced the merger of the stocks and shares and cash ISAs, as well as sweeping pension reforms.

In the following days, the share price gradually declined, while still remaining above its pre-Budget level. On 25 March, the price began to increase, and the day after Lansdown sold his shares, it shot up 5%, to close at £14.81.

 

More on Investment

Aberdeen dials back government bond and property conviction amid inflation risk

Aberdeen dials back government bond and property conviction amid inflation risk

Preference for EM equities

Michael Nelson
clock 13 October 2026 • 2 min read
Partner Insight: The Gilt Edge - Triple deadlock

Partner Insight: The Gilt Edge - Triple deadlock

The Gilt Edge is a new UK newsletter that brings PIMCO’s insights on the UK economy, public policy and financial markets directly to your inbox. Written by Rupert Harrison, Senior Adviser to PIMCO’s UK Portfolio Management Team and former Chief of Staff to Chancellor of the Exchequer.

Pimco
clock 13 October 2026 • 4 min read
Partner Insight: Are investors looking for an AI bubble in the wrong place?

Partner Insight: Are investors looking for an AI bubble in the wrong place?

As the AI industry expands rapidly, Vaughan Nelson thinks we should be wary of booms in narrower parts of the AI ecosystem.

Vaughan Nelson, Natixis Investment Managers
clock 08 October 2026 • 9 min read
Trustpilot