RE: Times article6 Oct 2021 21:46
The Manchester-based online retailer, which has grown from selling DVDs online into a sprawling business that includes 300 separate websites, listed on London’s stock exchange in a £450 million initial public offering last year. But the stock has lost its lustre of late, as it struggled to stay out of the red.
In turn, the company tried to demonstrate that it was confident about the future of the business, as two THG non-executive directors bought more than 37,000 shares. Iain McDonald acquired 25,000 shares at 422.99p and Zillah Byng-Thorne purchased 12,174 shares at 408p, for a total combined value of just over £15.5 million.