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THG ( (GB:THG) ) has issued an announcement.
THG PLC has announced updated documents related to the Ingenuity Shareholders’ Agreement and the Ingenuity Articles, which are available on their website. These revisions are intended to facilitate the operation of a Matched Bargain Facility, managed by InfinitX Limited, following the completion of a planned demerger on 2 January 2025. The facility allows for the trading of Ingenuity Shares, which must be transferred to escrow with Equiniti Limited and will be released once specific requirements are met, ensuring a streamlined trading process.
More about THG
YTD Price Performance: -36.71%
Average Trading Volume: 4,628,721
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £904.7M
For a thorough assessment of THG stock, go to TipRanks’ Stock Analysis page.
