THG PLC PDMR/PCA Shareholdings (9326M)
September 24 2021 - 7:23AM
UK Regulatory
TIDMTHG
RNS Number : 9326M
THG PLC
24 September 2021
THG PLC
PDMR/PCA Shareholdings
THG PLC (the "Company") announces that it was notified on 23
September 2021 that (a) following the paying up and conversion by
FIC Shareco Limited ("FIC Shareco") of certain G and H ordinary
non-voting shares of GBP0.005 each in the capital of the Company
into ordinary voting shares of GBP0.005 each (the "Ordinary
Shares") on 11 August 2021, FIC Shareco executed a security
agreement in favour of Barclays Bank PLC, as security against its
obligations existing under a loan facility made available to FIC
Shareco between, amongst others, FIC Shareco and Barclays Bank PLC
(the "FIC Shareco Loan Facility"); and (b) Matthew Moulding and
Jodie Moulding had each executed security agreements as security
against the obligations existing under the FIC Shareco Loan
Facility. The foregoing security agreements executed by FIC
Shareco, Matthew Moulding and Jodie Moulding were executed for
technical legal reasons only and do not increase the security
package agreed with Barclays Bank PLC in September 2020.
Furthermore, there has been no reduction in the shareholdings of
FIC Shareco, Matthew Moulding or Jodie Moulding as a result of
these transactions (or otherwise).
The Company makes the below announcement and notification in
accordance with the requirements of the UK Market Abuse
Regulation:
1. Details of the person discharging managerial responsibilities
/ persons closely associated with them
a) Name FIC Shareco Limited
--------------------------------- -----------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / Status PCA of Matthew Moulding
--------------------------------- -----------------------------------
b) Initial Notification / Amendment Initial Notification
--------------------------------- -----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name THG PLC
--------------------------------- -----------------------------------
b) LEI 21380066N3SV9O8IDP37
--------------------------------- -----------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------
a) Description of the financial Ordinary voting shares of GBP0.005
instrument, type of instrument each
Identification Code ISIN: GB00BMTV7393
--------------------------------- -----------------------------------
b) Nature of the transaction Pledge of ordinary voting shares
(including the Ordinary Shares)
as required by the terms of
the FIC Shareco Loan Facility.
--------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s): N/A
Volume(s): 144,633,856
--------------------------------- -----------------------------------
d) Aggregated information N/A - single transaction
--------------------------------- -----------------------------------
e) Date of transaction 22 September 2021
--------------------------------- -----------------------------------
f) Place of transaction Outside of a trading venue
--------------------------------- -----------------------------------
1. Details of the person discharging managerial responsibilities
/ persons closely associated with them
a) Name Matthew Moulding
--------------------------------- -----------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / Status Executive Chairman and Chief
Executive Officer
--------------------------------- -----------------------------------
b) Initial Notification / Amendment Initial Notification
--------------------------------- -----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name THG PLC
--------------------------------- -----------------------------------
b) LEI 21380066N3SV9O8IDP37
--------------------------------- -----------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------
a) Description of the financial Ordinary voting shares of GBP0.005
instrument, type of instrument each
Identification Code ISIN: GB00BMTV7393
--------------------------------- -----------------------------------
b) Nature of the transaction Pledge of ordinary voting shares
and certain D and E ordinary
non-voting shares as required
by the terms of the FIC Shareco
Loan Facility.
--------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s): N/A
Volume(s): 28,422,340
--------------------------------- -----------------------------------
d) Aggregated information N/A - single transaction
--------------------------------- -----------------------------------
e) Date of transaction 22 September 2021
--------------------------------- -----------------------------------
f) Place of transaction Outside of a trading venue
--------------------------------- -----------------------------------
1. Details of the person discharging managerial responsibilities
/ persons closely associated with them
a) Name Jodie Moulding
--------------------------------- -----------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / Status PCA of Matthew Moulding
--------------------------------- -----------------------------------
b) Initial Notification / Amendment Initial Notification
--------------------------------- -----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name THG PLC
--------------------------------- -----------------------------------
b) LEI 21380066N3SV9O8IDP37
--------------------------------- -----------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------
a) Description of the financial Ordinary voting shares of GBP0.005
instrument, type of instrument each
Identification Code ISIN: GB00BMTV7393
--------------------------------- -----------------------------------
b) Nature of the transaction Pledge of ordinary voting shares
as required by the terms of
the FIC Shareco Loan Facility
--------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s): N/A
Volume(s): 9,834,879
--------------------------------- -----------------------------------
d) Aggregated information N/A - single transaction
--------------------------------- -----------------------------------
e) Date of transaction 22 September 2021
--------------------------------- -----------------------------------
f) Place of transaction Outside of a trading venue
--------------------------------- -----------------------------------
Enquiries to:
THG PLC
James Pochin, General Counsel and Company Secretary
James.Pochin@thehutgroup.com
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