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Birmingham Post
Birmingham Post
Business
Jon Robinson

Businessman and philanthropist Sir Norman Stoller lowers stake in AO

AO Oldham

A businessman and philanthropist who was knighted in 2016 has lowered his stake in online electricals retailer AO.

Sir Norman Stoller now has a holding of 2.83% in the Bolton-headquartered group, down from 3.43%, according to documents filed with the London Stock Exchange.

Sir Norman is known in Oldham for his involvement with Seton Healthcare, now SSL International, which was founded by his father Ivor in 1952 and invented the tubular bandage.

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