THG PLC Share Pledge Release (5998P)
October 20 2021 - 1:00AM
UK Regulatory
TIDMTHG
RNS Number : 5998P
THG PLC
20 October 2021
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:
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
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END
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