Thg Share Discussion Threads

[zb27] 19/5/2022 19:09

And they have said the 170p 'significantly' undervalues the company!!!

[trolleyfull] 19/5/2022 19:06

What a fukcing amazing day - up down all around then bang .
Happy days tomorrow
Open price ?

[cupra kid] 19/5/2022 19:03

So if they rejected 170p from Belerion but are considering an offer from Candy ventures. The question is what's on the table from Candy?

[tnt99] 19/5/2022 18:59

I should think so worth at least triple that priceo

[zb27] 19/5/2022 18:58

So someone repeated about 100x in the last 2 days a PE bid will never come.

Well hello hello.

FOMO will kick in.

Cat is out of the bag.

Let the bidding war commence. Everyone will now pile in, they may aswel announce a formal sale process!

[plentymorefish] 19/5/2022 18:54

Climbing back in his box and shutting the lid tight I presume!.......

[sankshiela] 19/5/2022 18:54

Where is that total twit newbie when you need someone to laugh at

[boix] 19/5/2022 18:53

THG plc

("THG" or the "Company")

Statement regarding recent press speculation

The Board of THG notes the recent press speculation and confirms that it received a third unsolicited, highly preliminary and indicative non-binding proposal of 170 pence per share from Belerion Capital Group Limited ("Belerion"), together with King Street Capital Management, L.P. ("King Street") (collectively, the "Belerion Consortium") to acquire the entire issued and to be issued share capital of THG (the "Proposal").

The Board of THG considered the Proposal, together with its financial and legal advisers, and concluded that it significantly undervalued the Company and its future prospects, and accordingly unanimously rejected the Proposal.

There can be no certainty that any firm offer will be made, nor as to the terms of any such offer. A further announcement will be made if and when appropriate.

In accordance with Rule 2.6(a) of the Code, the Belerion Consortium is required, by not later than 5.00 p.m. (London time) on 16 June 2022, to do one of the following: (i) announce a firm intention to make an offer for THG in accordance with Rule 2.7 of the Code; or (ii) announce that it does not intend to make an offer for THG, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.

The person responsible for arranging for the release of this announcement on behalf of THG is James Pochin, General Counsel.

This announcement has been made without the consent of Belerion or King Street.

Enquiries:

Barclays Bank PLC, acting through its Investment Bank
Alastair Blackman / Callum West / Nicola Tennent / Tom Erlich
[phone]


Jefferies International Limited
[phone]

Philip Noblet / Ed Matthews / Paul Bundred / Thomas Bective

[cupra kid] 19/5/2022 18:50

170p rejected

[zb27] 19/5/2022 18:47

OMG!!!!!!!!!!!!

[plentymorefish] 19/5/2022 18:46

Another sleepless night for ledge, I mean lodge!......how does he do it?!......

[birinus] 19/5/2022 18:43

Following the recent press speculation regarding THG plc ("THG" or the "Company"), Candy Ventures Sarl ("Candy Ventures") confirms that it is in the very early stages of considering a possible offer for the entire issued and to be issued share capital of the Company.👍

[lodgeview] 19/5/2022 18:37

It's over for THG

[boix] 19/5/2022 18:36

Only 8.781m of the 25.171m of today’s THG trading went through the LSE automated trading book.
Hedge Funds closed their short positions - ideal market for that purpose.

Let’s hope the US markets don’t tank again tonight although given today’s volume most of the hedge fund trading should have been completed (close shorts) today - Although some of the volume will get reported over the next few days even though the trades took place today.

[sanks] 19/5/2022 18:27

My bird told me last night in doggie that Level 4 has this marked at £5.17.
No point feeding the slags with minj juice, cos its not about today but about the eventual target of £5.17

I'm expecting a few 200% shagups..watch how the slags run for cover and forced to close and buy back on the whhoooossshhhh price!!

Easy money to £5.17..then to £10.36
Thank you so much for this..i really mean it..i know where this is going..
I've seen the books..lovya always xx

Sanks..with a level 4 target of £5.17

[griffo221] 19/5/2022 18:20

Fully agree, no matter someones viewpoint or trading position we can all see this points to something. Unusual to say the least

[zb27] 19/5/2022 18:18

Another company I follow, also main listed, market cap 50% more, after hours trades today were 44k.

10.3 million for THG vs 44k????????

A 5 year old kid can work out there is something going on here!

Lets see where THG finishes by 1st June before the long bank holiday. Let the games play out.

[griffo221] 19/5/2022 18:16

Still some showing up now too. Extremely high volume

[zb27] 19/5/2022 18:10

Todays block rounded trades.

12 x 100k.
11 × 50k.
8 x 25k.
8 x 20k.
14 x 15k.
45 x 10k.
55 x 5k.

All mainly ordinary trades, £3.5m+ in total.
You guessed it, most small trades are algo auto trades to control the price!

[zb27] 19/5/2022 17:56

After hours trades excluding UT:

10,318,562 shares.

Value £11,830,390.

Unprecedented!

[boix] 19/5/2022 17:49

The hedge funds just took advantage of the market turbulence.
The hedge funds disguise their trading on the dark pools to ensure other long and short investors get could caught out fuelling the falls of the LSE.