THG (THG)

Sector:

Personal Goods

74.00p
   
  • Change Today:
    -1.25p
  • 52 Week High: 107.10
  • 52 Week Low: 56.58
  • Currency: UK Pounds
  • Shares Issued: 1,330.49m
  • Volume: 2,678,761
  • Market Cap: £984.56m
  • RiskGrade: 166

THG confirms takeover proposal from Apollo, shares surge

By Michele Maatouk

Date: Monday 17 Apr 2023

LONDON (ShareCast) - (Sharecast News) - THG surged on Monday after the e-commerce company confirmed it has received a highly preliminary and non-binding indicative takeover proposal from private equity firm Apollo Global Management.
Responding to recent press speculation, THG said in a brief statement that there can be no certainty that any firm offer will be made.

A further announcement will be made if and when appropriate, it added.

Under takeover rules, Apollo has until 15 May to either announce a firm intention to make an offer or walk away.

At 1050 BST, the shares were up 40% at 92.60p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

THG Market Data

Currency UK Pounds
Share Price 74.00p
Change Today -1.25p
% Change -1.66 %
52 Week High 107.10
52 Week Low 56.58
Volume 2,678,761
Shares Issued 1,330.49m
Market Cap £984.56m
RiskGrade 166

THG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.77% below the market average20.77% below the market average20.77% below the market average20.77% below the market average20.77% below the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Price Trend
16.04% below the market average16.04% below the market average16.04% below the market average16.04% below the market average16.04% below the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Income Not Available
Growth
38.14% below the market average38.14% below the market average38.14% below the market average38.14% below the market average38.14% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

THG Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:35 395,554 @ 74.00p
16:35 2,012 @ 74.00p
16:35 1,696 @ 74.00p
16:35 1,155 @ 74.00p
16:35 4,053 @ 74.00p

THG Key Personnel

CEO Matthew Moulding
CFO Damian Sanders
Chair Charles Allen

Top of Page