Barclays Regulatory News (BARC)

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose relevant securities this form relates:

THG PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

THG PLC

(d)

Date position held/dealing undertaken:

26 Apr 2023

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

0.5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

4,212,617

0.32%

16,620,482

1.28%

(2) Cash-settled derivatives:

16,481,697

1.27%

3,253,378

0.25%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

20,694,314

1.59%

19,873,860

1.53%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

0.5p ordinary

Purchase

1352816

0.9304 GBP

0.9056 GBP

0.5p ordinary

Sale

816469

0.9186 GBP

0.9029 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

0.5p ordinary

SWAP

Decreasing Long

1

0.9178 GBP

0.5p ordinary

SWAP

Decreasing Long

12

0.9056 GBP

0.5p ordinary

SWAP

Decreasing Long

14

0.9076 GBP

0.5p ordinary

SWAP

Decreasing Long

29

0.9171 GBP

0.5p ordinary

SWAP

Decreasing Long

36

0.9129 GBP

0.5p ordinary

SWAP

Decreasing Long

50

0.9057 GBP

0.5p ordinary

CFD

Decreasing Long

2,535

0.9286 GBP

0.5p ordinary

CFD

Decreasing Long

4,560

0.9187 GBP

0.5p ordinary

CFD

Decreasing Long

12,562

0.9228 GBP

0.5p ordinary

CFD

Decreasing Long

27,092

0.9077 GBP

0.5p ordinary

CFD

Decreasing Long

51,639

0.9131 GBP

0.5p ordinary

SWAP

Decreasing Long

76,109

0.9158 GBP

0.5p ordinary

CFD

Decreasing Long

85,233

0.9132 GBP

0.5p ordinary

SWAP

Decreasing Long

91,875

0.9131 GBP

0.5p ordinary

SWAP

Decreasing Long

131,361

0.9127 GBP

0.5p ordinary

SWAP

Increasing Long

5

0.9131 GBP

0.5p ordinary

CFD

Increasing Long

986

0.9132 GBP

0.5p ordinary

SWAP

Increasing Long

1,537

0.9087 GBP

0.5p ordinary

SWAP

Increasing Long

7,540

0.9108 GBP

0.5p ordinary

SWAP

Increasing Long

9,550

0.9044 GBP

0.5p ordinary

SWAP

Increasing Long

23,352

0.9107 GBP

0.5p ordinary

SWAP

Increasing Long

39,011

0.9029 GBP

0.5p ordinary

SWAP

Increasing Long

46,352

0.9144 GBP

0.5p ordinary

SWAP

Increasing Long

87,600

0.9080 GBP

0.5p ordinary

SWAP

Increasing Long

154,322

0.9105 GBP

0.5p ordinary

CFD

Increasing Long

243,067

0.9109 GBP

0.5p ordinary

SWAP

Opening Long

33,439

0.9110 GBP

0.5p ordinary

SWAP

Opening Short

700,000

0.9304 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

27 Apr 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213