Member Info for DonBroco

*** OLD ARTICLE - Dated 4th February ***

If it was option 2, surely they would have given greater consideration to the recent offers.

Based on the below, is it fair to assume an after hours RNS on 16th June, or first thing 17th June if nothing appears before the 5pm deadline?

In accordance with Rule 2.6(a) of the Code, Candy Ventures must, by not later than 5.00 p.m. on 16 June 2022, either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code.

WTF are all those 555 trades... is that an MM code or something??

Yeah, I actually thought that as soon as I posted it but there's no delete button so my bad!
Maybe I'm the Grizzly one today.... apologies.

According to Sharepad, thats a sell:
17:07:30 BSTGBX124p2,994,000£3,712,560.00OBSell
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You forgot to delete the "B" after you deleted "UY"

£4m at £1.24 - wow!

Quite a higher than usual uplift after the UT:

17:03:15 126.7985 74,000 93.83k O
17:01:55 129.141 232,000 299.61k O
16:56:44 129.547 296 383.46 O
16:56:42 130.014 91,634 119.14k O
16:35:27 124.00 2,552 3,164 A
16:35:00 124.00 2,003,567 2m UT
16:29:54 122.65 1,918 2,352 O

Low volume though, not even 1m traded yet.

THG PLC ("THG" or the "Group"), the global proprietary technology platform specialising in taking brands direct to consumers ("D2C"), today announces that Non-Executive Director Dominic Murphy will step down from the Board with immediate effect.

Dominic Murphy, non-executive Director commented:

"It has been nearly 8 years since I joined the Board of THG, during which time I have had the privilege to witness the Group's journey through a period of profound transformational growth. Considering the length of my tenure, I feel that now is the right time to step down as an independent non-executive Director of THG.

I would like to thank THG for allowing me to serve on its Board for this period. It has been a remarkable journey and the Group has grown to be a genuine market leader in its chosen markets. I wish THG and the Board all the best for the future."

Matthew Moulding, CEO commented:

"Dominic has brought a wealth of experience to the Board and I would like to sincerely thank him for his invaluable contribution to THG over its transformational journey during his tenure. We wish Dominic the very best for the future"

The Board and the Nomination Committee will continue their search for suitable additional independent Non-Executive Directors to further strengthen the Board.

Bidco / Homeserve:

Or... 88% of the all time high share price.

That would be nice if we had a similar result.

New RNS

It's literally disappeared ???

Just showing:

Time Trade Price Volume Value
12:00:12 147.11 10,000 14.71k O
16:45:26 146.53 13,763,659 20m O

Hmm - good spot. That's a new category, along with a new 313,257 deferred 1 shares. Thanks

Todays RNS doesn't reflect an increase of 36m shares to reflect the staff incentive as suggested last night, as there's only a 77k increase.

Binky: I thought that's what you meant but surely that cant be right. They cant just issue another 3% of shares just to payout a staff incentive each year, so surely it is from a pot that they already hold.
If you are correct, I'm assuming a new RNS will be issued to clarify the revised number of shares in issue, noting one was only issued recently.

Binky: Those shares are issued, not bought.
Can you explain?

Good point, seems too much of a coincidence for it not to be that. He said it would be £36m to 586 staff (£61k each, which is very nice)!

That's 2.95% of the ordinary shares in issue so do we read anything in it being just under the 3% reporting threshold?