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THG chief to give up 'golden share' following stock price drop

The Hut Group (THG) founder and chief executive Matthew Moulding is giving up his ‘golden share’ in the company in a bid to regain the confidence of investors after the online giant’s share price plunged in recent weeks. The group confirmed on Monday that Moulding is to cancel his special share rights, which gives him greater voting powers over...

18 Oct 2021