Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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To be fair 80.6m divide 1,221m per most recent Total Voting a rights RNS = 6.6%
No idea what’s up with the number quoted in the annual report but agree, no change in SB holding & 6.6% seems to be the correct %age
Suspect it is either that THG obviously know the exact figure. Or its a typo :)
Possibly bordering on tedious now… but the 9th June 2021 TR1 RNS specified 80.6m shares held by “SB Northstar LP” (7.4% at the time, 6.6% vs current number of issues ordinary shares) whereas the 2021 annual accounts specify 7.09% (now equivalent to c. 86.6m) held by “SoftBank Group Corp.” which includes SB Northstar LP as a subsidiary. Possible that other entities within SoftBank Group Corp. also hold THG, or that SB Northstar LP have been topping up their holding without issuing an RNS - presume this would be possible to do so long as they didn’t cross over a reporting threshold (7% in this case given they originally started at 7.4% and annual account states 7.09%).
Not sure where onlywall.st gets it’s info from so yes, short answer long I agree with you KJU (aka MMM) in that THG will certainly know best when it comes to SoftBank. The answer is 7.09% or 86.6m shares.
Phew
Thanks for spotting they have sold a number of shares! I was just going off the percentages and don’t have access to the detail
Thanks all
Goldy
Not sold*
Sorry
And Kim this shows my post was FUD!
Stop being so scared as someone says something not positive guys!
Jesus. Never seen so many wet the bed
Goldy
I don’t think GS have 5.71% guys/gals…
Simply Wall Street shows this:
Goldman Sachs Group, Investment Banking and Securities Investments
5.71%
Shares 69,682,044
Value £82.4m
Change % 90.93%
Portfolio % 0.06%
Last Reported 18 Jan 22
Note the last reported date of 18 Jan 22.
GS reported a TR1 on 20 Jan 22 noting that a threshold had been crossed on 18 Jan 22. Quoted in the 20 Jan TR1 (table 7) is the following:
2.687340 % current position
3.023170 % previous position
Add the two together and you get the mythical 5.71%…
I think it’s just an error. Doesn’t make sense otherwise.
Goldman Sachs Asset Management Limited
Reported 20.01.2022
Shares held: 32,809,680
Total Voting Rights announced 03.05.2022: 1,221,200,967
Percentage holding: 2.6866%
Shares Held 05.11.2021 : 41185746
Shares Held 04.01.2022: 36497074
Can anyone confirm?
I have Matthew Moulding on TIKR Terminal down as
13.60%
166,130,035
Date: 26.01.2022
However seen on Twitter (post from Toansy) that his holding is showing as:
14.98%
so based on the current total voting rights that would be 182,835,904.
That would be an increase of 16,805,869.
Some of the other holdings in that list alongside MM are identical or increased slightly. So on what figure has 14.98% been worked? as I had 13.60% asof 26.01.2022.
Morning team technicals looking very good for THG today. I would like to hit 100MA £1.24. We seem to keep ticking boxes on No News. Big late volume buys shows something going on with the big players behind the scenes. Chairman all over this ex Goldman Sachs he knows how to get maximum value for shareholders & Moulding wants to reward shareholders he said so in Q&A. Personally I do not think this is going private but separation will clearly show that Beauty alone is worth more than current Cap. Ingenuity still valued at ZERO which is ridiculous… IMO DYOR
Looking like this was some overoptimistic, dare I say co formation biased induced reading of some dodgy data? The evidence was there that it might not be all it looked to be right?