Andy Bell cashes in £16.6m after selling small portion of AJ Bell shares

The shares, which were sold on 30 December 2020, were bought at £4.60 per piece which Bell sold 3,624,994 of. The chief executive (pictured) continues to hold more than 93 million shares at AJ Bell, equivalent to a 22.68% stake in the AIM-listed business. Meanwhile, AJ Bell Investcentre managing director Fergus Lyons now has a stake of 3.84% and 15,746,388 shares after he sold 1.7 million shares totalling £8.1m. In December AJ Bell reported a 29% increase in profit before tax over 12 months to 30 September, while its D2C Youinvest platform enjoyed its most successful year of busine...