The story
The company was established by Sten Mörtstedt as Central London Securities in 1987 and was first listed on the London Stock Exchange in 1994. The company was one of the original three investors in The Shard development at London Bridge in 2006 but sold its interest in January 2008. Richard Tice was appointed CEO in 2010.
Fredrik Widlund replaced Richard Tice as CEO in November 2014, having previously been at GE Capital.
Historically, the company made shareholder distributions by way of a tender offer buy-back, but announced in February 2017 the introduction of a dividend, and a proposed share sub-division.
The former executive director Sten Mörtstedt died in December 2020 at the age of 80.
From Wikipedia’s article on CLS Holdings, shared under CC BY-SA 4.0.5