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Birmingham Post

Business

Jon Robinson

EXPLAINED: Activist shareholder sets out thg action plan as it ups stake - The Real Truth

THG Kelso London Stock Exchange

An activist shareholder has set out what it wants THG's board to deliver "to ensure the share price reflects what we strongly believe to be intrinsic value".

Kelso Group first snapped up a 0.4% holding in the Manchester-headquartered online retail and technology giant in January.

The group is headed by former Zeus chief executive John Goold, chaired by former DLA partner Sir Nigel Knowles while other investors include Luke Johnson, Nigel Wray and Umar Kamani.

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