THG PLC Application for Listing and Total Voting Rights (8891N)
January 26 2023 - 6:00AM
UK Regulatory
TIDMTHG
RNS Number : 8891N
THG PLC
26 January 2023
THG PLC
(the "Company")
26 January 2023
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 33,880,623
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 27 January 2023.
The Ordinary Shares are being issued to VG Corporate Trustee
Limited, acting as trustee of the THG Employee Benefit Trust.
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 certain key
employees below Executive level, which are subject to the
achievement of various targets. Subject to the satisfaction of such
targets, a third of the Ordinary Shares are expected to vest on 31
December in each of 2023, 2024 and 2025.
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 1,299,260,366. 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
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END
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