Thg Regulatory News (THG)

20 October 2021

THG PLC

Share Pledge Release for Matthew & Jodie Moulding and FIC Shareco

On 24 September 2021, THG PLC ("THG" or the "Company") announced that it had been notified of the pledge of THG ordinary voting shares ("Ordinary Shares") (a) by FIC Shareco Limited ("FIC Shareco"), a person closely associated to Matthew Moulding, as security against FIC Shareco's obligations under a loan facility made available to FIC Shareco between FIC Shareco and Barclays Bank PLC (the "FIC Shareco Loan Facility") and (b) by Matthew Moulding and Jodie Moulding as security against the obligations existing under the FIC Shareco Loan Facility.

The Company today announces that on 19 October 2021, it received notification from Matthew & Jodie Moulding and FIC Shareco that the foregoing pledge of Ordinary Shares under the FIC Shareco Loan Facility had been released in full. Accordingly, as of 19 October 2021, no Ordinary Shares legally or beneficially owned by Matthew Moulding or Jodie Moulding (including any such shares registered in the name of FIC Shareco), are the subject of any security or share pledge.

Matthew & Jodie Moulding and FIC Shareco also confirmed to the Company that there was no disposal or other dealing in any Ordinary Shares, and nor will there be any such dealing, in connection with securing the release of this pledge.

For further information please contact: 

ENDS