Business
Clarification on Softbank interest in shares
Clarification on Softbank interest in shares.
About this update from Thg Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3210B\n THG PLC\n 09 June 2021\n \n \n \n \n 09 June 2021\n \n \n \n \n \n THG plc\n \n \n \n \n \n Clarification on Softbank interest in THG ordinary shares\n \n \n \n \n \n \n \n \n Further to the major shareholding announcements made by SB Northstar LP this morning, THG plc wishes to clarify that Softbank's interest in THG ordinary shares remains unchanged since its initial investment at 80,621,797 shares. The change in percentage of voting rights is a function of the enlarged share capital following the issue of new shares on 10 May. \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Investor enquiries - THG plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n Kate Grimoldby/Clara Melia\n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n Media enquiries -\n \n \n \n \n \n \n \n \n \n \n \n \n \n Powerscourt - Financial PR adviser \n \n \n \n \n Tel: +44 (0) 20 7250 1446\n \n \n \n \n \n \n Victoria Palmer-Moore/Nick Dibden/Lisa Kavanagh/Nick Hayns\n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n THG plc\n \n \n Viki Tahmasebi\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n ENDS \n \n \n Notes to editors\n \n \n THG (\n www.thg.com\n ) is a vertically integrated, digital-first consumer brands group, retailing its own brands in beauty and nutrition, plus third-party brands, via its proprietary, end-to-end, e-commerce technology, infrastructure and brand-building platform (THG Ingenuity) to an online and global customer base. THG's business is operated through the following businesses: \n \n \n THG Ingenuity\n : Ingenuity Commerce provides an end-to-end direct-to-\n consumer e-commerce solution for consumer brand owners under 'Software as a Service' (SaaS) licences. The wider Ingenuity division provides stand-alone digital services, including hosting, studio content, translation services and beauty product development and manufacturing.\n \n \n THG Beauty\n : The globally pre-eminent digital-first brand owner and retailer in the prestige beauty market, combining its prestige portfolio of nine owned brands across skincare, haircare and cosmetics, the provision of a global route to market \n for over 1,...