Form 8.5 (EPT/NON-RI) THG PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose relevant securities this form relates:

THG PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

THG PLC

(d)

Date position held/dealing undertaken:

12 May 2023

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

0.5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

4,169,884

0.32%

15,861,931

1.22%

(2) Cash-settled derivatives:

15,802,301

1.22%

3,289,800

0.25%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

19,972,185

1.54%

19,151,731

1.47%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

0.5p ordinary

Purchase

4068379

0.7084 GBP

0.5950 GBP

0.5p ordinary

Sale

6319848

0.7084 GBP

0.5950 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

0.5p ordinary

SWAP

Closing Long

117,500

0.6454 GBP

0.5p ordinary

SWAP

Closing Long

162,913

0.6290 GBP

0.5p ordinary

SWAP

Closing Short

162,913

0.6290 GBP

0.5p ordinary

CFD

Decreasing Long

3

0.6300 GBP

0.5p ordinary

CFD

Decreasing Long

92

0.6601 GBP

0.5p ordinary

SWAP

Decreasing Long

776

0.6424 GBP

0.5p ordinary

SWAP

Decreasing Long

2,791

0.6423 GBP

0.5p ordinary

SWAP

Decreasing Long

12,686

0.6227 GBP

0.5p ordinary

CFD

Decreasing Long

20,000

0.6000 GBP

0.5p ordinary

SWAP

Decreasing Long

28,175

0.6101 GBP

0.5p ordinary

CFD

Decreasing Long

31,476

0.6263 GBP

0.5p ordinary

SWAP

Decreasing Long

40,994

0.6343 GBP

0.5p ordinary

SWAP

Decreasing Long

58,528

0.6290 GBP

0.5p ordinary

SWAP

Decreasing Long

75,000

0.5900 GBP

0.5p ordinary

SWAP

Decreasing Long

83,047

0.5919 GBP

0.5p ordinary

SWAP

Decreasing Long

97,461

0.6173 GBP

0.5p ordinary

CFD

Decreasing Long

100,000

0.5948 GBP

0.5p ordinary

SWAP

Decreasing Long

123,479

0.6290 GBP

0.5p ordinary

CFD

Decreasing Long

128,925

0.6290 GBP

0.5p ordinary

SWAP

Decreasing Long

129,178

0.6478 GBP

0.5p ordinary

CFD

Decreasing Long

177,971

0.6376 GBP

0.5p ordinary

CFD

Decreasing Long

537,875

0.6484 GBP

0.5p ordinary

CFD

Increasing Long

7

0.7000 GBP

0.5p ordinary

CFD

Increasing Long

12

0.6808 GBP

0.5p ordinary

SWAP

Increasing Long

4,391

0.6350 GBP

0.5p ordinary

SWAP

Increasing Long

5,204

0.6513 GBP

0.5p ordinary

SWAP

Increasing Long

7,218

0.6473 GBP

0.5p ordinary

SWAP

Increasing Long

9,129

0.6664 GBP

0.5p ordinary

CFD

Increasing Long

9,481

0.6290 GBP

0.5p ordinary

SWAP

Increasing Long

12,435

0.6384 GBP

0.5p ordinary

SWAP

Increasing Long

13,160

0.6270 GBP

0.5p ordinary

SWAP

Increasing Long

13,204

0.6613 GBP

0.5p ordinary

SWAP

Increasing Long

19,312

0.6574 GBP

0.5p ordinary

SWAP

Increasing Long

22,976

0.7076 GBP

0.5p ordinary

SWAP

Increasing Long

38,524

0.6472 GBP

0.5p ordinary

SWAP

Increasing Long

43,755

0.6458 GBP

0.5p ordinary

SWAP

Increasing Long

56,315

0.6445 GBP

0.5p ordinary

SWAP

Increasing Long

77,445

0.6476 GBP

0.5p ordinary

SWAP

Increasing Long

85,675

0.6814 GBP

0.5p ordinary

SWAP

Increasing Long

86,158

0.6470 GBP

0.5p ordinary

CFD

Increasing Long

100,000

0.5905 GBP

0.5p ordinary

SWAP

Increasing Long

311,937

0.6474 GBP

0.5p ordinary

SWAP

Increasing Long

314,395

0.6402 GBP

0.5p ordinary

SWAP

Increasing Long

354,237

0.6403 GBP

0.5p ordinary

CFD

Increasing Long

499,935

0.6488 GBP

0.5p ordinary

SWAP

Opening Long

121

0.6219 GBP

0.5p ordinary

SWAP

Opening Long

114,150

0.6416 GBP

0.5p ordinary

SWAP

Opening Long

261,112

0.6046 GBP

0.5p ordinary

SWAP

Opening Long

348,150

0.6110 GBP

0.5p ordinary

SWAP

Opening Long

1,131,488

0.6120 GBP

0.5p ordinary

SWAP

Opening Short

157,500

0.6951 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

15 May 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213