Nick Clegg poised for £30M windfall from datacentre IPO

Former UK Deputy Prime Minister Nick Clegg stands to gain approximately £30 million ($40 million) from a planned initial public offering of Nscale, a UK datacentre startup where he serves as a board member and holds 917,000 shares, as of September 22, 2026.

2 reports · 1 independentanglo · international

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Nick Clegg could make £30m windfall from datacentre startup Nscale flotation

rss:guardian-ukanglo7d ago wire ×2 kagi ↗

The former UK deputy prime minister is a board member of the UK-based company and owns 917,000 shares Nick Clegg could make approximately $40m (£30m) from the planned float of Nscale as the UK-based datacentre company prepares for a US stock market listing. The former UK deputy prime minister owns more than 917,000 shares in the startup, which is reportedly seeking a valuation of up to $35bn in a