Dunelm Group falls as largest shareholder cuts stake By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 24 2024
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Source: Investing.com
Share Sale Impact: Dunelm Group's shares fell 6.3% after WA Capital Limited, controlled by Deputy Chair Sir Will Adderley and Lady Nadine Adderley, sold approximately 10 million shares, reducing their combined ownership to 37.6%.
Future Holdings Commitment: Sir Will Adderley has committed not to sell any further shares for at least 180 days following the sale, with Barclays and UBS acting as financial coordinators for the transaction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
