RE: Chairman's £1 Million Buy - Biggest buy SIGNAL going!!!29 Jun 2022 13:57
This RNS from less than 2 weeks ago fills me with confidence and I'm guessing Lord Allen :
All recent approaches for THG have been unsolicited, and in the unanimous opinion of the Board, were unacceptable and significantly undervalued the Company. After consulting with THG's major shareholders and taking advice from the Company's advisors, the Board has not considered it appropriate to provide due diligence access to any of these parties. In accordance with Rule 2.6(c) of the Code, the Board has determined that it is not appropriate to seek an extension to the deadline set out in the Company's announcement dated 19 May 2022.
While THG is clearly aware of the macro-economic challenges, the Company continues to perform well, and in line with its own expectations.