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:

10 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:

4,195,100

0.32%

15,515,667

1.19%

(2) Cash-settled derivatives:

15,391,021

1.18%

3,250,000

0.25%

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

0

0.00%

0

0.00%

TOTAL: 

19,586,121

1.51%

18,765,667

1.44%

(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

2926097

0.8798 GBP

0.7906 GBP

0.5p ordinary

Sale

1828581

0.8846 GBP

0.7900 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

4,892

0.8222 GBP

0.5p ordinary

SWAP

Closing Short

3,378

0.8161 GBP

0.5p ordinary

SWAP

Decreasing Long

1,195

0.8470 GBP

0.5p ordinary

SWAP

Decreasing Long

1,484

0.8100 GBP

0.5p ordinary

SWAP

Decreasing Long

2,373

0.8430 GBP

0.5p ordinary

SWAP

Decreasing Long

2,677

0.8244 GBP

0.5p ordinary

CFD

Decreasing Long

3,823

0.7926 GBP

0.5p ordinary

CFD

Decreasing Long

29,020

0.7913 GBP

0.5p ordinary

SWAP

Decreasing Long

33,000

0.7850 GBP

0.5p ordinary

SWAP

Decreasing Long

45,018

0.7980 GBP

0.5p ordinary

SWAP

Decreasing Long

61,750

0.8137 GBP

0.5p ordinary

CFD

Decreasing Long

73,644

0.8222 GBP

0.5p ordinary

CFD

Decreasing Long

82,534

0.8221 GBP

0.5p ordinary

SWAP

Decreasing Long

126,386

0.8439 GBP

0.5p ordinary

SWAP

Decreasing Long

367,830

0.8087 GBP

0.5p ordinary

SWAP

Decreasing Long

368,103

0.8227 GBP

0.5p ordinary

CFD

Decreasing Long

393,737

0.8213 GBP

0.5p ordinary

SWAP

Decreasing Long

560,896

0.8099 GBP

0.5p ordinary

SWAP

Increasing Long

2,707

0.8145 GBP

0.5p ordinary

SWAP

Increasing Long

29,859

0.8520 GBP

0.5p ordinary

SWAP

Increasing Long

30,063

0.8341 GBP

0.5p ordinary

SWAP

Increasing Long

31,349

0.8308 GBP

0.5p ordinary

SWAP

Increasing Long

32,459

0.8387 GBP

0.5p ordinary

SWAP

Increasing Long

39,914

0.8225 GBP

0.5p ordinary

CFD

Increasing Long

54,900

0.8222 GBP

0.5p ordinary

SWAP

Increasing Long

88,415

0.8449 GBP

0.5p ordinary

SWAP

Increasing Long

210,019

0.8306 GBP

0.5p ordinary

CFD

Increasing Long

446,696

0.8269 GBP

0.5p ordinary

SWAP

Opening Long

91,087

0.8345 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:

11 May 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213