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It’s in a bbc article that it’s 22%
Might be worth an email to IR?
@Marek, I think the 14.99% number may be of all the major shareholders excluding private holders and others?
@ danl90
I don't disagree with anything in your post, but on the MM shareholding it's listed as 14.99% as at 1st October here ;
https://simplywall.st/stocks/gb/retail/lse-thg/thg-shares#ownership
I'm rot really surprised to see a red day today considering Friday's drama and growth, and the news over the weekend that Omnicron is although possibly more contagious, it is also possibly less dangerous once caught based on initial information coming from doctors in SA.
I wouldn't really be surprised if the THG price drops slightly to maybe 182p/180p in the short term tomorrow, with hopefully a recovery back to 190p by COP tomorrow/Wednesday. I'm guessing this based on the volumes traded and likely high number of new buyers that likely entered the market on Friday around 180p/182p, so they will need to be shaken down by the algo bots.
My strategy is to just holding through now.
I just keep reminding myself of the 12m shares bought by Sofina Capital last week around 178/182p (RNS 23rd November), and the other good news highlighted by Joner today about Jupiter Chrysalis re-iteration that they expect significant upside on the THG share price, and they basically still see the value of the business around 500p/share as not much actually has changed since the IPO case was made (as stated in their RNS today).
GLA
Been keeping an eye out for this so thanks for posting
This just adds more to the point that this can go private. This fund originally invested at Merian and held when it was private. It is also permitted to hold private companies
When I said softbank (7%), Matt (22%), Sofina (9%) and Merian (but they haven’t given an RNS - <5%)
You see so much of the shareholder list covered
Also this fund bought at 596p with SoftBank and Sofina
But btw me and gf have probs spent c.£800 at THG this Black Friday week - it all helps!
Sorry I was in a rush and merely wanted to point out that the answer to your question was the next sentence.
Reading it back it comes across as being rude, something I did not mean.
All the best
Yep my bad realised after I posted. Shame there's no way to delete posts
No ns11g14, it clearly states fter the comment you mention "the share price suffered further heavy selling pressure falling below 200p in November. "
Crazy to think that was written as at 30th sept.
"THG plc (“THG”) – which saw its market price fall from 610p as of June 2021, to 507p as of September 2021."
Must think its an absolute steal all the way down here lol
Great spot and interesting insight, not only are they happy to hold but see significant upside and have bought more! They have good insight as to what is going on behind the scenes.
Great find Joner!
Just to sharing link below for people who want to read in full.
https://www.lse.co.uk/rns/CHRY/net-asset-values-and-trading-update-83dmnkn3h7fv1ge.html
Thanks for posting Joner, really good find and looks like its been overlooked, december around the corner and THG must be doing very well.
Great spot Joner - many thanks for sharing. Yet another II confirming THG potential eps ingenuity
From today’s RNS:
As the representative of major shareholders, the Investment Adviser has engaged with the company to support its plans, particularly in respect of corporate governance, and is encouraged by the company's optimism surrounding Ingenuity. As part of its normal process, the Investment Adviser has revisited its investment case and believes there has been no substantive change to the investment thesis since IPO. Given the current valuation, the Investment Adviser believes there is significant upside potential in THG shares. As a result, it has increased the Company's position in THG following the quarter end.