Brief: Kelso Group Believes THG'S Sum Of Parts Is Worth Significantly More Than Co's Current Market Cap

Kelso group

07/12/2023 07:21

Dec 7 (Reuters) - Kelso Group Holdings PLC  KLSO.L :
    * KELSO GROUP HOLDINGS  - UPDATE ON THG INVESTMENT
    * KELSO GROUP - KELSO URGES THG BOARDS TO DO EVERYTHING THEY
CAN
TO RECOGNISE AND ADDRESS VULNERABILITIES, AND TO MAXIMISE
SHAREHOLDER VALUE
    * KELSO GROUP PLC - KELSO FIRMLY BELIEVES THAT THG'S SUM OF
PARTS
IS WORTH SIGNIFICANTLY MORE THAN COMPANY'S CURRENT MARKET
CAPITALISATION
    * KELSO: BELIEVES UK STOCK MARKET WILL NOT "ASCRIBE SUM OF
PARTS
VALUATION" TO THG, UNTIL CO PUBLICLY CONFIRMS ITS INTENTION TO
DEMERGE BUSINESSES

Source text for Eikon:  ID:nRSG0135Wa 
Further company coverage:  KLSO.L 

 ((Reuters.Briefs@thomsonreuters.com;))