Kelso Group Holdings

KLSO · Main Market · Retail · mcap £19m · 3.5p 1 open situation →

Kelso Group Holdings invests in UK-listed small companies it thinks the market undervalues and engages with their boards to unlock value. It also aims to earn fees from investor relations consulting and from its Selkirk acquisition vehicle.

Target	Promise	Said	Status
2024
2024	THG to show value via a transaction on at least one of its three businesses in 2024.	30 Apr 2024	✓ Kept
	“We hope during 2024 that THG will demonstrate this value through a strategic or corporate transaction relating to at least one of its three businesses.” Result October 2024: THG advanced the Ingenuity demerger and placing, which Kelso supported. 10 Oct 2024 · Comment on THG Plc
2024	THG to move from the Standard List to the Premium index in 2024.	30 Apr 2024	✓ Kept
	“shareholder value would be significantly enhanced if THG were to fulfil its commitment to move to the Premium List from the Standard List, as promised on 18 October 2021” Also stated 30 May 2024 How it developed 30 Apr 2024 Said “We hope that this change of index happens in 2024 either naturally through the FCA changes or that THG is proactive and makes the change of listing itself.” 30 May 2024 Said “shareholder value would be significantly enhanced if THG were to fulfil its commitment to move to the Premium List from the Standard List, as promised on 18...” 23 Apr 2025 ✓ Kept “In March 2025, THG was included in the Premium Index of the London Stock Exchange, resulting in inclusion in the FTSE 250 index.” Result In March 2025, THG was included in the Premium Index of the London Stock Exchange, resulting in inclusion in the FTSE 250 index. “In March 2025, THG was included in the Premium Index of the London Stock Exchange, resulting in inclusion in the FTSE 250 index.”23 Apr 2025 · FY24 Results