THG
THG · Main Market · Personal Care, Drug and Grocery Stores · mcap £432m · 27.2p
THG owns online retail brands, mainly LOOKFANTASTIC and Cult Beauty in beauty and Myprotein in sports nutrition. It sells direct to consumers and, increasingly, through licensed products in shops.
Positive 10 Sep 2026
Non-strategic brands attracting bid interest; sale proceeds expected above Claremont's £103mPossible disposals could move Group to net cash in FY 2027. 10 Sep 2026
Positive 10 Sep 2026
Moody's moved TLB outlook to stable; TLB trading above parCredit markets recognising improved trading and deleveraging. 10 Sep 2026 12 Jun 2026
Mixed 10 Sep 2026
VAT zero-rating claims of c.£78m not yet in accountsPotential cash receipt large relative to net debt of £329.7m. 10 Sep 2026
Positive 23 Apr 2025
Selkirk made unsolicited £400m-£600m proposal for Myprotein, rejectedThird-party valuation interest in the core brand; rejected by board in April 2025. 23 Apr 2025
Positive 27 Mar 2025
Founder Moulding invested £60m in March 2025 equity contributionLarge founder commitment during refinancing at lower share price. 27 Mar 2025 25 Mar 2025
- 2025-08-06 disposal · £103m – Sold Claremont Ingredients to Nactarome Group; acquired for £52m in 2020 6 Aug 2025
- 2025-04-04 debt refinancing · €445m – Term Loan B extended to December 2029, Term Loan A repaid £74m, RCF extended to May 2029 4 Apr 2025
- 2025-03-27 placing · £90m – £22m placing at 32.3p plus £68m convertible loan, £60m from Moulding, for refinancing 27 Mar 2025
- 2025-01-02 disposal – Completed demerger of THG Ingenuity via distribution to shareholders 2 Jan 2025
- 2024-10-11 placing · £95.4m – Placing of 194.7m shares at 49p to fund Ingenuity demerger; Moulding and Frasers invested £10m each 11 Oct 2024
- 2023-12-05 acquisition · $20m – Acquired Biossance from Amyris for maximum consideration of $20m 5 Dec 2023
From the company's own announcements · not investment advice
Company filings. Not investment advice.