THG (GB:THG) has released an update.
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THG PLC has announced its intention to transfer its ordinary shares to the Equity Shares (commercial companies) category on the London Stock Exchange, aiming for index inclusion by March 2025. The move is expected to increase passive investment flows and liquidity, as well as enforcing stricter corporate governance standards. In addition, THG is exploring a demerger of its THG Ingenuity business, which, if approved, will not affect the planned share transfer.
For further insights into GB:THG stock, check out TipRanks’ Stock Analysis page.
