Personal Goods
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.
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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 |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
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 |
CEO | Matthew Moulding |
CFO | Damian Sanders |
Chair | Charles Allen |
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