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THG PLC announced that the High Court of Justice of England and Wales sanctioned the proposed cancellation of the Company's share premium account and its capital redemption reserve on 28 July 2026. This Capital Reduction was detailed in a notice published on 22 May 2026 and approved by shareholders on 24 June 2026. The Company will send the Court order and a statement of capital to the Registrar of Companies, and the Capital Reduction will become effective upon registration.
| Date | 28 Jul 2026 |
| Time | 12:12:29 |
| Category | Miscellaneous |
| ID | 2076O |
28 July 2026
THG PLC
(the "Company")
Outcome of Court Hearing on Reduction of Capital
The Company announces that the proposed cancellation of the Company's share premium account and its capital redemption reserve (the "Capital Reduction"), details of which were set out in the Notice of Annual General Meeting published on 22 May 2026 and which was approved by shareholders on 24 June 2026, was sanctioned earlier today by the High Court of Justice of England and Wales (the "Court").
The Court order confirming the Capital Reduction and a statement of capital approved by the Court in connection therewith will be sent to the Registrar of Companies shortly. The Capital Reduction will become effective upon the registration of the Court order and associated statement of capital by the Registrar of Companies.
For further information please contact:
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Investor enquiries - THG PLC:
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Jordan Foster, Deputy CFO
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Media enquiries: |
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Sodali & Co - Financial PR adviser |
Tel: +44 (0) 20 7250 1446 |
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Victoria Palmer-Moore/Russ Lynch/Sam Austrums
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THG PLC |