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IN BRIEF: THG chair and other board members buy GBP400,000 in shares

31st Oct 2024 14:49

THG PLC - Manchester-based e-commerce retailer of consumer beauty and nutrition products - Non-Executive Chair Charles Allen and other directors buy 857,073 shares in total at GBP0.46 to GBP0.48, worth about GBP400,000, on Wednesday. THG earlier this month raised just over GBP95 million in a share issue at 49 pence to fund a plan to demerge its Ingenuity division. Of that GBP10 million was contributed by Founder & Chief Executive Officer Matthew Moulding.

Current stock price: 46.74p

12-month change: down 33%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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