THG PLC Launches Retail Share Offer
Company Announcements

THG PLC Launches Retail Share Offer

THG (GB:THG) has released an update.

THG PLC has announced a new retail offer of shares available through the PrimaryBid platform, with the issue price to be determined at the close of a bookbuilding process. This offer is part of a larger equity fundraising effort, which includes a non-pre-emptive placing and a subscription totaling £75 million, aimed to support the demerger of its Ingenuity division. Retail investors in the UK can participate with a minimum subscription of £250, and the offer is scheduled to close in tandem with the bookbuilding for the placing.

For further insights into GB:THG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskTHG Directors Show Confidence with Major Share Purchase
TipRanks UK Auto-Generated NewsdeskTHG’s Voting Rights Shift Draws Investor Attention
TipRanks UK Auto-Generated NewsdeskTHG PLC Raises £95.4 Million in Equity Issuance
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App