REG - THG PLC - Application for Listing and Total Voting Rights

THGAnnouncement

13/03/2024 07:00

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RNS Number : 5994G  THG PLC  13 March 2024

 

 

THG PLC

 

(the "Company")

 

13 March 2024

 

Application for Listing and Total Voting Rights

 

Further to the announcement made on 7 March 2024, an application has been made
to the Financial Conduct Authority ("FCA") and the London Stock Exchange plc
("LSE") for 30,629,135 ordinary voting shares of £0.005 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 15 March 2024.

 

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, in addition
to the awards to PDMRs announced on 7 March 2024, 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,
approximately a third of the Ordinary Shares are expected to vest on 31
December in each of 2024, 2025 and 2026.

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 1,330,361,823. 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
 Greg Feehely, SVP Investor Relations                                    i (mailto:investor.relations@thg.com) nvestor.relations@thg.com

                                                                       (mailto:investor.relations@thg.com)
 Kate Grimoldby, Director of Investor Relations and Strategic Projects
 Media enquiries:
 Powerscourt - Financial PR adviser                                      Tel: +44 (0) 20 7250 1446
 Victoria Palmer-Moore/Nick Dibden/Nick Hayns/ Russ Lynch                thg@powerscourt-group.com (mailto:thg@powerscourt-group.com)
 THG PLC

 Viki Tahmasebi                                                          viki.tahmasebi@thg.com (mailto:viki.tahmasebi@thg.com)

 

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