RE: TR1s21 Oct 2024 23:45
@okehurst1 Got this today from ajbell, apparently it's been updated today but seems they state you can keep just remainco if you want. I believe this was in rns too
Option 1: You can elect to receive shares in IngenuityCo, proportional to your current THG shareholding. This means you will hold shares in both THG (focused on Beauty and Nutrition) and IngenuityCo.
Option 2: You can elect to receive more or fewer IngenuityCo shares than your entitlement, or opt to not receive any shares in IngenuityCo. In this case, your holding in THG would increase or decrease proportionally.
Please note, IngenuityCo is expected to remain a private company with no public listing or other trading facility for its shares. However, the company may introduce a matched bargain facility in order to facilitate trading.
The transaction is expected to be completed by the end of 2024.