Martin Lewis has pocketed £25.2 million after selling a large chunk of his shares in Moneysupermarket.com.

Mr Lewis sold nine million shares at £2.80, reducing his stake in the price comparison site from 3.1 per cent to 1.5 per cent.

Credit Suisse acted as sole broker for the placing.

The remainder of his shares - just under 8.4 million - are subject to a further lock-up period of 180 days.

Mr Lewis is the founder of consumer website Money Saving Expert, which was purchased by Moneysupermarket in 2012.

As part of that deal, he received £35 million in cash and was issued a total of 22.1 million shares, of which he handed 4.75m over to the Charities Aid Foundation (CAF).

The charity also sold the bulk of its stake - 4.3 million shares worth £12 million - leaving it with a 0.1 per cent stake in the firm.

Mr Lewis had previously confirmed he will step down as editor-in-chief of MoneySavingExpert in September and take up the role of executive chairman.