Slimmed-down THG confident despite revenue fall
29th Apr 2025 08:16
(Sharecast News) - THG reported lower revenue and widened losses for 2024, it reported on Tuesday, but maintained a positive outlook after a year of major restructuring.
Read moreTHG rejects 'unfunded' offer for Myprotein
23rd Apr 2025 07:04
(Sharecast News) - Online retailer THG on Wednesday rejected a "largely unfunded" bid for its Myprotein business worth up to £600m from AIM-listed acquisition vehicle Selkirk - led by its former chairman.
Read moreMike Ashley's Frasers Group lifts stake in THG
31st Mar 2025 11:52
(Sharecast News) - Mike Ashley's Frasers Group increased its stake in ecommerce group THG on Monday.
Read moreLondon close: Stocks firmer ahead of Spring Statement
25th Mar 2025 17:34
(Sharecast News) - London stocks ended Tuesday in positive territory, ahead of the Chancellor's Spring Statement on Wednesday, supported by gains in housebuilding shares and strength from Segro and Shell.
Read moreTHG raises £90m, founder Matthew Moulding contributes £60m
25th Mar 2025 11:08
(Sharecast News) - THG said on Tuesday that it has raised £90m in a share placing and refinancing, which includes a £60m contribution from founder and chief executive Matthew Moulding, as it looks to support its "strategic growth targets".
Read moreCEO Matt Moulding commits up to £60m as THG announces debt refinancing, equity raise
24th Mar 2025 18:14
(Sharecast News) - THG announced a debt refinancing and equity raise on Monday to support its "strategic growth targets" following the demerger of the Ingenuity business.
Read moreLondon close: Stocks mixed as tariff fears waver
24th Mar 2025 15:13
(Sharecast News) - London stocks ended Monday largely flat in muted trading, with early optimism around Donald Trump's comments on reciprocal tariffs fading as the session progressed.
Read moreTHG to return to growth this year after in-line 2024
23rd Jan 2025 08:00
(Sharecast News) - Ecommerce group THG said it expects a return to growth in 2025 for its remaining businesses after the demerger of its tech division Ingenuity, with underlying trends picking up in its end-markets.
Read moreTHG shares jump as investors welcome demerger plans
28th Nov 2024 08:02
(Sharecast News) - Shareholders of THG welcomed the ecommerce group's plans for its demerger on Thursday, with the company outlining proposals to separate its Ingenuity tech arm from its beauty and nutrition businesses.
Read moreDirector dealings: THG CEO snaps up 20m shares
16th Oct 2024 15:23
(Sharecast News) - THG revealed on Wednesday that chief executive Matthew Moulding purchased 20.4m ordinary shares in the London-listed ecommerce retailer.
Read moreTHG raises £95.4m to facilitate demerger of Ingenuity business
11th Oct 2024 08:05
(Sharecast News) - E-commerce company THG said on Friday that it had raised £95.4m in a placing to help fund the demerger of its Ingenuity business.
Read moreTHG announces £75m fundraising, demerger of Ingenuity business
10th Oct 2024 19:14
(Sharecast News) - E-commerce company THG said on Thursday that it will go ahead with plans to demerge its Ingenuity business into a standalone independent private entity as it announced a £75m equity raising to help facilitate the demerger.
Read moreLondon close: Stocks finish higher ahead of US Fed
17th Sep 2024 14:48
(Sharecast News) - London stocks closed higher on Tuesday as investors focused on the start of the US Federal Reserve's two-day policy meeting, where a rate cut was widely anticipated.
Read moreTHG announces plans to demerge Ingenuity arm as H1 results underwhelm
17th Sep 2024 07:59
(Sharecast News) - Ecommerce group THG announced plans on Tuesday to break up its business, demerging its tech platform Ingenuity into a separate entity and transfer its listing so the remaining company can be included in FTSE benchmarks.
Read moreLondon close: Prudential, Frasers Group lead stocks higher
24th Jun 2024 15:00
(Sharecast News) - London stocks closed on a positive note on Monday, driven by robust performances from Prudential and Frasers Group.
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