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:

17 Apr 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:

2,517,640

0.19%

13,689,420

1.05%

(2) Cash-settled derivatives:

13,674,810

1.05%

979,271

0.08%

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

0

0.00%

0

0.00%

TOTAL: 

16,192,450

1.25%

14,668,691

1.13%

(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

3516804

0.9727 GBP

0.6638 GBP

0.5p ordinary

Sale

2563236

0.9714 GBP

0.6973 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

CFD

Opening Long

1

0.9300 GBP

0.5p ordinary

SWAP

Opening Long

171

0.6638 GBP

0.5p ordinary

SWAP

Opening Long

550

0.9727 GBP

0.5p ordinary

CFD

Opening Long

815

0.8725 GBP

0.5p ordinary

SWAP

Opening Long

2,392

0.9233 GBP

0.5p ordinary

CFD

Opening Long

5,000

0.9309 GBP

0.5p ordinary

SWAP

Opening Long

5,602

0.9169 GBP

0.5p ordinary

SWAP

Opening Long

5,694

0.9220 GBP

0.5p ordinary

SWAP

Opening Long

5,726

0.9250 GBP

0.5p ordinary

SWAP

Opening Long

5,727

0.8936 GBP

0.5p ordinary

SWAP

Opening Long

9,010

0.9181 GBP

0.5p ordinary

SWAP

Opening Long

10,000

0.9410 GBP

0.5p ordinary

SWAP

Opening Long

23,432

0.9576 GBP

0.5p ordinary

SWAP

Opening Long

23,979

0.9042 GBP

0.5p ordinary

SWAP

Opening Long

25,852

0.9044 GBP

0.5p ordinary

SWAP

Opening Long

26,680

0.9294 GBP

0.5p ordinary

SWAP

Opening Long

30,978

0.6973 GBP

0.5p ordinary

SWAP

Opening Long

33,017

0.9072 GBP

0.5p ordinary

SWAP

Opening Long

37,303

0.9619 GBP

0.5p ordinary

SWAP

Opening Long

44,409

0.9025 GBP

0.5p ordinary

SWAP

Opening Long

45,390

0.8705 GBP

0.5p ordinary

SWAP

Opening Long

50,203

0.9098 GBP

0.5p ordinary

SWAP

Opening Long

75,628

0.9119 GBP

0.5p ordinary

SWAP

Opening Long

76,080

0.8996 GBP

0.5p ordinary

SWAP

Opening Long

91,478

0.9125 GBP

0.5p ordinary

SWAP

Opening Long

161,973

0.9067 GBP

0.5p ordinary

SWAP

Opening Long

164,162

0.9209 GBP

0.5p ordinary

SWAP

Opening Long

207,535

0.8852 GBP

0.5p ordinary

SWAP

Opening Long

278,435

0.7958 GBP

0.5p ordinary

SWAP

Opening Long

325,523

0.9205 GBP

0.5p ordinary

CFD

Opening Long

335,542

0.8615 GBP

0.5p ordinary

CFD

Opening Long

351,273

0.9575 GBP

0.5p ordinary

SWAP

Opening Long

492,295

0.9090 GBP

0.5p ordinary

CFD

Opening Long

798,187

0.8573 GBP

0.5p ordinary

SWAP

Opening Short

5,555

0.8570 GBP

0.5p ordinary

SWAP

Opening Short

20,338

0.8446 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:

18 Apr 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213