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Economy

The Hut Group owner surrenders golden share to reassure investors

Moulding will surrender his โ€˜founderโ€™s shareโ€™, which would prevent a hostile takeover of the company as they bid to move its listing to the premium segment of the London Stock Exchange in 2022

Matthew Moulding, the boss and founder of the online beauty, nutrition and technology services group The Hut Group, is set to give up his golden share in the company in a bid to reassure investors.

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