THG PLC Application for Listing and Total Voting Rights (3676O)
June 09 2022 - 8:48AM
UK Regulatory
TIDMTHG
RNS Number : 3676O
THG PLC
09 June 2022
THG PLC
(the "Company")
9 June 2022
Application for Listing and Total Voting Rights
An application has been made to the Financial Conduct Authority
("FCA") and the London Stock Exchange plc ("LSE") for 24,806,893
ordinary voting shares of GBP0.005 each ("Ordinary Shares") to be
admitted to trading on the LSE and to be admitted to the FCA's
Official List. Admission of the Ordinary Shares is expected to
become effective on 14 June 2022.
The Ordinary Shares are being issued to VG Corporate Trustee
Limited, acting as trustee of the THG Employee Benefit Trust, in
relation to the previously authorised but unissued 9,917,601 F
ordinary shares of GBP0.005 each and 14,889,292 G ordinary shares
of GBP0.005 each, which had remained unissued for the purpose of
making employee incentive awards following admission of the
Company's shares to trading on the LSE, as set out in the Company's
published Prospectus and both its 2020 and 2021 Annual Reports and
Accounts. These Ordinary Shares are already reflected in the fully
diluted share capital of the Company and the issuance of such
shares will not result in any change to the Company's fully diluted
share capital.
Consistent with the Company's strong track record of
incentivising employees, and in order to continue to attract and
retain world-class talent, awards are being made to over 500
employees below Executive level, which are subject to the
achievement of various targets. Subject to satisfaction of such
targets, a third of the Ordinary Shares are expected to vest on 31
December in each of 2022, 2023 and 2024.
When issued, these Ordinary Shares will rank pari passu with the
existing ordinary shares of the Company.
Accordingly following admission the total number of voting
rights in the Company will be 1,246,085,860. This figure may be
used by the Company's shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the Disclosure Guidance and Transparency Rules.
This notification is provided in accordance with LR 3.3.2(6) and
LR 14.3.17(1) of the Listing Rules.
For further information please contact:
Investor enquiries
Kate Grimoldby, Head of Investor i nvestor.relations@thg.com
Relations
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCFLFSVRSIAIIF
(END) Dow Jones Newswires
June 09, 2022 09:48 ET (13:48 GMT)
Thg (LSE:THG)
Historical Stock Chart
From Sep 2024 to Oct 2024
Thg (LSE:THG)
Historical Stock Chart
From Oct 2023 to Oct 2024