REG - Huddled Group PLC - Clarification

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RNS Number : 0817S  Huddled Group PLC  06 February 2026

06 February 2026

 

Huddled Group plc

 

("Huddled", the "Company" or the "Group")

 

Clarification

 

Huddled Group plc (AIM:HUD), the circular economy e-commerce group would like
to confirm that a headline that appeared online from TheBusinessDesk.com this
morning regarding THG was inaccurate. This has been corrected. The proposed
subscription and debt facility, announced this morning, is to fund further
stock purchases and to provide working capital to help us expand the business.

 

The move to THG Ingenuity Fulfil has been transformational for the business
and is the catalyst that allows us to expand into new channels and improve the
quality of customer experience.

 

 

Martin Higginson, Executive Chairman of Huddled Group plc said:

 

"We have responded with haste to correct the inaccuracy that appeared in The
BusinessDesk.com this morning. We have contacted the publication and had this
removed."

 

"The move to THG Ingenuity Fulfil, and their automated facility, is exactly
what our business needed. Their automated facility and ability to deliver next
day is what has allowed us to open up new channels and improve our customer
experience."

 

"Moving logistics operations was always going to be challenging, but the
challenges are ours, and THG Ingenuity Fulfil has helped us to overcome those
challenges, allowing us to be more efficient and provide a better service to
our customers."

 

"I would also like to clarify that THG plc is in no way connected to Huddled
Group plc, or this misinterpreted headline."

 

 

 

 Huddled Group plc                                       investors@huddled.com

 Martin Higginson

 Michael Ashley

 Daniel Wortley

 Paul Simpson

 Zeus (Nominated Adviser and Joint Broker)               Tel + 44 (0) 203 829 5000

 James Hornigold, George Duxberry (Investment Banking)

 Dominic King (Corporate Broking)

 Shard Capital LLP (Joint Broker)

 Erik Woolgar

 Damon Heath

 Alma Strategic Communications (Financial PR)            huddled@almastrategic.com

 Rebecca Sanders-Hewett

 Sam Modlin

 

 

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