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Hargreaves Lansdown chairman sells 23m shares to fund stadium

Hargreaves Lansdown chairman Stephen Lansdown has sold 23m shares in the firm to fund private projects, including the proposed new stadium for Bristol City Football Club.

Lansdown’s sale comes out of his current shareholding of 132m shares at a price of 205p per share, leaving him with 109m shares representing 22.9 per cent of the firm.

Monies raised from the sale will be used to help fund private projects including the proposed new stadium for Bristol City Football Club of which Lansdown is chairman.

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