Directors Deals 

Boohoo founders sell stake

Boohoo founders sell stake

Boohoo’s (BOO) founders offloaded a combined swathe of shares equivalent to 4.3 per cent of the issued share capital as part of an accelerated bookbuild to institutional investors. Mahmud Kamani – now executive chairman – offloaded 35m shares, netting close to £100m in the process, while Carol Kane, executive director, sold 15m for £42.7m.

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