CVC, Nordic Capital, Platinum Ivy make final acquisition offer for Hargreaves Lansdown
The independent directors of Hargreaves Lansdown and the board of directors of Harp Bidco Limited have reached agreement.
The independent directors of Hargreaves Lansdown and the board of directors of Harp Bidco Limited have reached agreement.
Hargreaves Lansdown today provided an update on its discussions with CVC, Nordic Capital, SCSP, and Platinum Ivy B 2018 RSC Limited.
Hargreaves Lansdown today provided an update regarding a revised proposal from a consortium comprising CVC, Nordic Capital, and Platinum Ivy.
Lancaster Investment Management’s Global Equity Funds are investors in and supporters of HL, with their interest representing c. 1.9m shares.
Adrian Collins, a Non-Independent Non-Executive Director of HL, has been appointed to the Board of LSL Property Services plc.
Penny James, a Non-Executive Director of HL, has been appointed to the Board of Mitie Group plc as an Independent Non-Executive Director.
Hargreaves Lansdown notes that several resolutions, including the ones for the re-election of Penny James and Darren Pope, faced opposition.
Hargreaves Lansdown plc today issued a trading update in respect of the three months ended 30 June 2023 (“Q4”).
Hargreaves Lansdown plc today issues a trading update in respect of the three months ended 31 March 2023 (“Q3”).
Hargreaves Lansdown reported revenue for the period of £291.1 million, down 3% due to lower share dealing revenue.