Billionaire Dunelm founder sells millions of shares

Sir Bill Adderley’s Dunelm Stake Reduction Sparks Investor Concerns

The recent share sale by Sir Bill Adderley, founder of Dunelm, raises several implications for both the UK economy and investors. With his stake in the homewares retailer dropping from 32.3 percent to 27.3 percent, it signals a noteworthy shift in ownership dynamics, even though he remains the largest shareholder. This decision comes on the heels of Dunelm reporting a robust financial performance… Source

Billionaire Dunelm founder sells millions of shares

The billionaire founder of Dunelm has sold millions of shares in the homewares retailer after the FTSE 250 company reported a rise in its sales and profit for its latest financial year. Sir Bill Adderley has lowered his stake in the Leicester-headquartered business from 32.3 per cent to 27.3 per cent, according to a new document filed with the London Stock Exchange. Despite the sell off, Sir Bill remains the largest single shareholder in Dunelm …