THG founder moves 25 million shares to relatives and foundation, stake falls to 18.72%
Matthew Moulding's investment vehicle transferred 25 million THG shares to family and a charity. His voting stake now stands at 18.72%, according to RNS.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
THG PLC reported through the London Stock Exchange's RNS service, distributed by Reuters, that FIC Shareco Limited, the family investment company of Matthew Moulding, transferred 25 million ordinary voting shares to relatives, friends and The Moulding Foundation. The transaction took place on October 20, 2026, at 35 pence per share, outside a trading venue.
Recipients have agreed not to sell the shares for at least 12 months and, if they later sell, to offer them back to Moulding or FIC. The foundation last sold shares in June 2022, when Moulding bought them at 82.44 pence, giving the foundation 2.5 million pounds. The company said the foundation has enough funds for ongoing projects and needs no new capital for at least 12 months.
According to the TR-1 notice, FIC's voting rights fell from 20.24% to 18.72%. Including diluted holdings, Moulding's equity interest is about 24%.
why it matters
For markets this is a routine disclosure: the transfer happened inside a founder's family and did not go through the open market, so it has little effect on THG's free float. Investors may note that the main holder keeps a substantial level of control over the company.
tags
instruments
sources
- REG - THG PLC - PDMR/PCA Shareholding & TR-1 Notification — Reuters, 23 October 2026 at 15:27 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗