Member Info for Mattyboy-

Why would Apollo reserve the right to bid again within 6 months as per the RNS this morning if they had no intention of coming back to the table?

And they also reserve the right to bid again if someone else comes in with a bid within 6 months. Sounds like they very much intend to acquire us.

“ Under Note 2 on Rule 2.8 of the Code, Apollo, on behalf of its managed funds, and any person acting in concert with Apollo, reserves the right to set aside the restrictions in Rule 2.8 of the Code and announce an offer or possible offer for THG, or make or participate in an offer or possible offer for THG, and/or take any other action otherwise precluded under Rule 2.8 of the Code within six months of the date of this announcement in the following circumstances:

i) with the agreement or recommendation of the board of THG;

ii) following the announcement of a firm intention to make an offer for THG, by or on behalf of a third party;

Jesus....let it go you freak...now you're arguing semantics.

Nobody else but you had a problem with a simple cut and paste article in keeping with the existing thread but you seem intent on taking it to the European Court of An_ality.

Yes I stated it was an old article didn't I.

I'd say that was not very misleading at all?

Busted.

Only you it appears.

It was pretty clear if you look at the thread which originated with Manifesto asking Ryan about Numis falsely attacking THG that it was not a current article. Seems it's just you that struggled to apprehend this.

Try to keep up chap.

Respectfully I disagree.I made no implication whatsoever and made no comment about share price weakness to boot.

It was a straight copy paste of an article.No commentary other than Numis should be prosecuted.

You have made the implications not I sir.

Well it doesn't rule out further PE interest at all. It rules out further PE interest at the wrong price.

The line in the sand you mention is the right price.

Numis was being discussed and the reference made to them by MM this morning. This news is part of the history leading to Matt's attack on them.

Pretty relevant I'd say.

Busted?....err whatever pal.

It's old news to be fair but I like the..."despite Numis's own research analyst suggesting that there was significant upside potential for the stock."

Numis attempted to besmirch THG accounts before being forced to retract....should have been prosecuted imo.

"Numis, the London-listed investment bank, has been plunged into turmoil after retracting allegations about "irregularities in accounting" at the online beauty and nutrition retailer THG - a company it helped to float on the London Stock Exchange just over a year ago.

Sky News has learnt that Numis has reported itself to the City regulator after an employee circulated a bearish note to institutional clients last week accusing THG of "a lack of clarity" and casting doubt on the value of Ingenuity, one of the company's three main divisions.

City sources who have seen the memo said it recommended that hundreds of clients reduce their holdings in THG and suggested that its shares were worth 21% less than they were trading at at the time of the note - despite Numis's own research analyst suggesting that there was significant upside potential for the stock."

Manifesto...all it needs is board approval....anytime.

"Under Note 2 on Rule 2.8 of the Code, Apollo, on behalf of its managed funds, and any person acting in concert with Apollo, reserves the right to set aside the restrictions in Rule 2.8 of the Code and announce an offer or possible offer for THG, or make or participate in an offer or possible offer for THG, and/or take any other action otherwise precluded under Rule 2.8 of the Code within six months of the date of this announcement in the following circumstances:

i) with the agreement or recommendation of the board of THG;

ii) following the announcement of a firm intention to make an offer for THG, by or on behalf of a third party;

iii) following the announcement by THG of a Rule 9 waiver proposal (as described in Note 1 of the Notes on Dispensations from Rule 9) or a reverse takeover (as defined in the Code); and/or

iv) if there has been a material change of circumstances (as determined by the Takeover Panel)."

As outlined in the RNS there are scenarios where an Apollo bid would be allowable within 6 months.

It's clearly described.

Apollo will be back...as they did with Wood Group.

Actually don't bother.

Paul...answer me why Apollo would be interested in a 'ponzi' scheme which will no longer exist in 2025 exactly?

Twat.

FCF positive 2024. Sales growth. Costs plummeting/margins normalising.In the right sectors to be in...beauty and nutrition.

This ain't over.

Kicking Apollo out more like.

"Like all previous bidders, Apollo were told their bid valuation and structure was unacceptable. Yesterday Apollo set out how they could raise their bid further, ahead of a deadline set by the Takeover Panel. Their latest view on Ingenuity had it as being significantly more valuable than the whole of THG the day before the bid leaked! "

Swat 'em away Matt until the price is right.

Unfortunately I haven’t sold a single share NGR.

Want to be positive.