Member Info for TylerHedge

Ephemeral, from memory you need to contact them and ask to vote - one of the reasons why I am in the process of moving to other brokers who are cheaper, offer better tools and ask me to vote rather than having to chase

The price is certainly holding up well suggesting that (1) the market thinks it's nearly a done deal or (2) that an improved offer will be made. I suspect the latter since today's close is aprox a 5% discount to offer price at current fx spot. WG. is trading at a 12% discount and that takeover is far more advanced

I really dislike the offer being made in USD for a GBP listed company (the same happened with DARK from memory). I do not want to bear the fx risk on a lowball offer, even with a strengthening dollar making the price slightly more palatable

Thanks Ryan. Weirdly this news wasn’t showing in my searches earlier but now does. Thanks for correcting me

Agreed, if THG price remains roughly stable highly likely that it will be included on its own merit at next rebalancing, so max 3 month wait or sooner if the OCN deal goes through beforehand

Beat me to it James, shouldn't have written so much !

I suspect HL need to update their data. OCN was not originally scheduled to fall out of the 250

https://www.lseg.com/en/media-centre/press-releases/ftse-russell/2025/ftse-uk-index-series-review-september-2025

That subsequently became the case when it was thought that it would combine with Hansa meaning that a post rebalancing deletion would occur, to be replaced by THG. However the corporate event has been delayed by at least one month meaning that OCN remains in the 250 until the combination takes place, if at all

Is it in the 250 though given OCN's adjournment of court sanction hearing yesterday? LSEG lists OCN in 250 and not THG assuming this is up to date

https://www.londonstockexchange.com/indices/ftse-250/constituents/table?page=9

SAR = Subject Access Request - it is the law that any and all records that an organisation keeps about you must be given to you upon request, subject to precisely what you ask for

I am hoping that the ask will start to move up more quickly if buying continues - lots of Off-book trades this morning suggesting that MMs will be light stock after picking up a lot from Wednesday's fall

It refers to delta hedging on day of derivative contract expiries. The quarter dates are the most liquid expiries. The UT size today would only be related if there is a sizeable market in single stock THG derivatives. Plausible but unlikely IMO

And whilst I think about it, in response to people asking about risks relating to this share, I see two main ones, one of which is not controllable and the other controllable to an extent

(i) Country specific capital controls in countries where we conduct business (think of the Nigeria experience)

(ii) US license refusal, itself partly a function of quality of the organisation - as CABP grows in size and complexity, quality of hires needs to keep pace

Fingers crossed Plutus. I am hopeful given their previous experience in applications and look forward to a significant rerate when it does come

The simple answer is that timelines are hard to determine. An application is absolutely not guaranteed to be successful (look at Revolut over here). What I hope is that no application is made until both the board and the execs and happy with it and that it is of sufficient quality for it not to be turned down. A refusal will not only harm the share price but will make gaining a license all the more difficult. Hope this helps

Thanks for getting back to me IHNC. I don’t see anything in those accounts to action but IG mailed me a link so that I could vote directly

Does anyone have BARC or IBKR accounts with THG positions in? I am yet to hear from them but have heard from another broker that I use occasionally

Thanks in advance if anyone has heard since I’d really like to vote on these proposals

It's month-end today so typically closing auction will be in large volume as portfolios are rebalanced, so I would not read too much into it. Interestingly though the price was not hit in the run up to close as has been usual recently

It went into auction, normal trading resumed

That was why I was asking IHNC

And Brew never mentioned spreadbets just that Spreadex was a holder - the Spreadex RNS references sale of shares not any derivatives. Typically such holders buy cash to delta hedge client derivative buys

IHNC

From the FCA handbook

https://www.handbook.fca.org.uk/handbook/DTR/5/1.html

Aperson must notify the issuer of the percentage of its voting rights he holds as shareholder or holds or is deemed to hold through his direct or indirect holding of financial instruments falling within DTR 5.3.1R (1) (or a combination of such holdings) if the percentage of those voting rights:

(1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within DTR 5.3.1 R; or

(2) reaches, exceeds or falls below an applicable threshold in (1) as a result of events changing the breakdown of voting rights and on the basis of information disclosed by the issuer in accordance with DTR 5.6.1 Rand DTR 5.6.1A R;

Which is why I asked the question. Does round of buying come into this as a qualification to the above?