THG PLC Clarification on Softbank interest in shares (3210B)
June 09 2021 - 4:56AM
UK Regulatory
TIDMTHG
RNS Number : 3210B
THG PLC
09 June 2021
09 June 2021
THG plc
Clarification on Softbank interest in THG ordinary shares
Further to the major shareholding announcements made by SB
Northstar LP this morning, THG plc wishes to clarify that
Softbank's interest in THG ordinary shares remains unchanged since
its initial investment at 80,621,797 shares. The change in
percentage of voting rights is a function of the enlarged share
capital following the issue of new shares on 10 May.
Investor enquiries - THG plc
Kate Grimoldby/Clara Melia Investor.Relations@thg.com
Media enquiries -
Powerscourt - Financial PR adviser Tel: +44 (0) 20 7250
1446
Victoria Palmer-Moore/Nick Dibden/Lisa thg@powerscourt-group.com
Kavanagh/Nick 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
and retailer in the prestige beauty market, combining its prestige
portfolio of nine 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, Skinstore and Mankind and the
beauty subscription box brand GLOSSYBOX.
THG Nutrition : A manufacturer and online D2C retailer of
nutrition and wellbeing products and owner of the world's largest
sports nutrition brand Myprotein, including its family of brands
Myvegan, Myvitamins, Command, MP Clothing and Myprotein Pro.
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.
THG (eco) : THG (eco) is the driving force behind the Group's
sustainability action plan. THG Eco covers the core pillars of
THG's sustainability commitment: the planet, sustainable resources,
people and livelihoods.
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END
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June 09, 2021 04:56 ET (08:56 GMT)
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