Games Workshop CFO sells two-thirds of her stake
The outgoing CFO of Nottingham-based Games Workshop has sold shares in the company worth more than £700,000.
Rachel Tongue has reduced her stake in the Nottingham-based company by two-thirds, after the share sale at an average price of £94.893 per share. In January Tongue announced her resignation, although she is expected to stay with the company until next January.
Games Workshop’s shares were valued around £60 at the start of 2020 but enjoyed a big surge through the pandemic and, despite falling back in 2022, has since rebounded close to the pandemic highs.
The company, which was founded in 1975 and is best-known for Warhammer and Warhammer 40,000, now has a market value of more than £3bn.
Games Workshop initially produced wooden boards for various games and later evolved into an importer of Dungeons & Dragons and expanded into publishing its own wargames and role-playing games.
By the early 1990s, it had expanded to Europe, the US, Canada, and Australia and its headquarters relocated to Lenton, Nottingham in 1997.
