Print Published 6th Sep 2017, 22:49

Lord Bell seems to have sold his Bell Pottinger shares at a good time

An examination of departing Bell Pottinger shareholders’ rights to sell their shares suggests that former chief executive James Henderson may not have been as fortunate as Lord Bell in being able to sell his shares back to the scandal ridden public relations consultancy.

Furthermore, news that Bell Pottinger is seeking an outright buyer and that its biggest corporate shareholder Chime Group Holdings has surrendered its shareholding for an undisclosed amount after writing down its value adds weight to the impression that Bell Pottinger would have been reluctant to pay even the original issue price to reacquire Henderson’s shares.