Member Info for gggg21

Unsurprisingly? Sorry I didn’t know I needed to let you know. I don’t spend my days on a share board I’m not invested in better things to do

I’m back in at these prices.

.

Copper up 6% Nasdaq 10% up. Ftse futures 6% up. Could be back up to 160s tomorrow

6m buy and 5m buy the other day. That’s over 1% of company shares in issue 👀

The fund isn’t selling though. They are supporting the company and the share price. Good hits new all time highs again over night.

Yeh I was confused by it as well but the floor has been put in at 34 given Matt backing. If there is more demand from instis then maybe at a premium to close. Don’t see why it would be below given the backing by Matt to try and take it all and overall equity 85.7%.

Other than that in the rns loan/debt reduced. Terms extended on other. Guidance reiterated.

Think it was a shock seeing placing at first but after understanding surely it’s good. A load of shorts opened Friday according to shirt tracker so they maybe got wind of a placing but now given the details…squeeze?

As one analyst has said this is one of the biggest ever backing/subscription by a founder on the U.K. stock market.

Alliance news “ Thus the equity contribution will comprise a GBP31.2 million proposed accelerated bookbuild placing at Monday's closing share price of 34.00 pence”

One analyst claimed: “It’s one of the biggest founder subscriptions on the stock market in UK history.”

https://businesscloud.co.uk/news/moulding-to-invest-up-to-60m-of-his-own-cash-into-thg/

So in essence Matt has backed/tried to take 85.7% of it. Guidance has been reiterated and ebidta up on previous year.

Extended the long term note

Matt is taking equity plus the other 15% from instis to use with cash on balance sheet to pay off the loans of 109m and 125m

Extended the revolving credit facility.

It’s positive isn’t it

Under current authorisations, THG can issue up to c.91.86m shares for cash (equivalent to c£31.2m at current market price).

Therefore, the Equity Contribution will comprise a combination of:

· a cash issue by way of a proposed accelerated bookbuild placing (the "ABB") and/or direct subscriptions with the Company (the "Subscriptions") of 91,855,591 new ordinary shares in the Company (the "Ordinary Shares"), representing approximately 6.95% of THG's existing issued share capital or equivalent to approximately £31.2m based on the closing price of THG's shares on 24 March 2025, (the ABB and the Subscriptions, together being the "Equity Placing") on the below terms:

o Matthew Moulding has agreed to subscribe for up to £31.2m in the Equity Placing;

o the Equity Placing will be made available to eligible shareholders and other long-term supporters of the Company and will allow, subject to investor demand and certain conditions, eligible shareholders and other long-term supporters to participate in the Equity Contribution; and

o to the extent any shares from the Equity Placing are allocated to institutional investors, Matthew Moulding's subscription will be scaled back;

I should have said minimum

There is no discount to current share price on the placing.

No chance we will get look in at this price pearls. Big Mike will be taking a few million along with others. It does stink of insider trading in the sense those in the know have got cheap shares. See what price it opens at tomorrow

Well certainly supporting the price. No discount to current price either. Big Mike will be buying. Ebidta up and in line. Saw what happened with asos when they announced similar.

There’s a big trade.

Atalaya mining was added to ftse 259. Was 11m ut done Friday at 357. They up 1% today.

Or the other way round as money made on asos moves to boohoo. Asos recovery makes you think about boohoo. Read across etc.

Be nice if board releases strong update to coincide with ftse250 inclusion. I done well with asos and bought more this morning here 37.3. Averaged up.

Asos nice surprise. Read across for all 💪

Https://www.retailgazette.co.uk/blog/2025/03/debenhams-credit-service/