Hargreaves Lansdown’s co-founder Stephen Lansdown has offloaded stake worth £200 million in the firm.

An announcement to the stock exchange said Lansdown sold 14.5milion shares in Hargreaves Lansdown.
He now retains 75.5 million shares representing a 15.92% interest in the firm.

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Lansdown offloaded first major stake in April last year from which he netted around £50 million by selling 5.5 million shares.

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