Nick Clegg could make £30m from Nscale flotation

Summarised from 2 outlets · Updated 22 Sept, 16:25

Nick Clegg stands to make approximately £30m from a planned New York stock market listing of UK datacentre startup Nscale.

The former deputy prime minister joined the board of Nscale, a datacentre and AI company, six months ago and owns over 917,000 shares. The company is reportedly seeking a valuation of up to $35bn in its flotation.

How it is being reported

• Nick Clegg could make £30m windfall from datacentre startup Nscale flotationGuardian Business · 22 Sept, 15:57
• Nick Clegg 'could pocket £30m windfall' from British tech company he joined just six months ago as it prepares to begin trading in New YorkDaily Mail · 22 Sept, 10:30

In this story: Nick Clegg · Nscale · Meta · Mark Zuckerberg

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