THG PLC Statement regarding share price movement (9151O)
October 13 2021 - 1:00AM
UK Regulatory
TIDMTHG
RNS Number : 9151O
THG PLC
13 October 2021
13 October 2021
THG PLC
Statement regarding share price movement
THG PLC ("THG or the "Group") notes the fall in the share price
yesterday following the Capital Market Event, and confirms that it
knows of no notifiable reason for the material share price
movement, and that no material new information was disclosed at the
event.
Since its IPO in September 2020, THG has consistently delivered
ahead of its targets set at the time of IPO and recently reported a
strong first half performance across all divisions, with Group
revenue of GBP958.8m, +44.7% YoY (CCY).
The Group also has a very strong liquidity position as it enters
its peak trading season, with available cash as at 30 September
2021 of GBP700.0m across long dated 3-5 year facilities.
THG is due to report its Q3 Trading Update on 26 October, and
looks forward to updating investors in the ordinary course.
For further information please contact:
Investor enquiries - THG PLC
Kate Grimoldby Investor.Relations@thg.com
Media enquiries:
Powerscourt - Financial PR adviser Tel: +44 (0) 20 7250
1446
Victoria Palmer-Moore/Nick Dibden/Nick thg@powerscourt-group.com
Hayns
THG PLC
Viki Tahmasebi Viki.tahmasebi@thg.com
ENDS
Notes to editors
THG ( www.thg.com ) is a vertically integrated, digital-first
consumer brands group, retailing its own brands in beauty and
nutrition, plus third-party brands, via its proprietary,
end-to-end, e-commerce technology, infrastructure and
brand-building platform (THG Ingenuity) to an online and global
customer base. THG's business is operated through the following
businesses:
THG Ingenuity : Ingenuity Commerce provides an end-to-end
direct-to- consumer e-commerce solution for consumer brand owners
under 'Software as a Service' (SaaS) licences. The wider Ingenuity
division provides stand-alone digital services, including hosting,
studio content, translation services and beauty product development
and manufacturing.
THG Beauty : The globally pre-eminent digital-first brand owner,
retailer and manufacturer in the prestige beauty market, combining
its prestige portfolio of eight owned brands across skincare,
haircare and cosmetics, the provision of a global route to market
for over 1,000 third-party beauty brands through its portfolio of
websites, including Lookfantastic, Dermstore, Cult Beauty and
Mankind and the beauty subscription box brand GLOSSYBOX.
THG Nutrition : A group of digital-first Nutrition brands, which
includes the world's largest online sports nutrition brand
Myprotein, and its family brands (Myvegan, Myvitamins, MP Clothing
and Myprotein Pro), with a vertically integrated business model,
supported by six THG production facilities.
THG OnDemand : Personalisation and customisation is a key
offering within THG OnDemand, enabling brands to offer unique
products to a vast range of consumers across THG's global
territories through websites including Zavvi, IWOOT and Pop in a
Box.
Other : Luxury D2C websites including Coggles, AllSole and
MyBag, in addition to THG Experience. The latter comprises prestige
events locations at Hale Country Club & Spa, King Street
Townhouse Hotel and Great John Street Hotel, providing deeply
experiential brand building environments, most notably in support
of THG Society, the Group's proprietary influencer marketing
platform.
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END
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