Posts tagged: THG

THG founder builds stake in THG activist ... - Part 6

Friday, 7 June 2024, 8:01 am

Matt Moulding appears to be turning the screws on activist investor Kelso, again.

It has emerged this morning that the controversial founder of online retailer THG, who isn't a fan of the City of London but ironically owns the newspaper City AM, has increased his shareholding in Kelso to just over 10pc...

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Tags: THG, Kelso

THG founder rants about Darktrace takeover bid...

Tuesday, 30 April 2024, 7:59 am

As if every financial commentator wasn't enough, now Matt Moulding, founder of London-listed online retailer THG, has gone off on a rant about the Darktrace takeover bid.

It's his customary complaint about how the City of London gangs up on technology companies etc etc etc. Below is the full rant, which he has posted on Linked In...

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Tags: THG, Darktrace

THG founder builds stake in THG activist ... - Part 4

Wednesday, 14 February 2024, 3:55 pm

Matthew Moulding continues to build his shareholding Kelso, the activist firm that has been pushing for a break up of THG, the London-listed online retail group set up by the controversial businessman.

Kelso, led by stockbroker John Goold, this morning declared that Moulding, who now owns City AM, has upped his shareholding to 8.4pc of the investment vehicle. Below is a link to the announcement:..

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THG founder builds stake in THG activist ... - Part 3

Friday, 15 December 2023, 10:03 am

Matthew Moulding has just upped his stake in Kelso, the activist firm that is pushing for the break up of some of THG.

This morning Kelso - which is led by veteran City stockbroker John Goold - declared that Moulding, the founder and boss of THG, now has just over 6pc of THG. Below is a link to the announcement:..

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THG founder builds stake in THG activist ... - Part 2

Friday, 1 December 2023, 2:43 pm

The plot thickens with Matt Moulding's stakebuilding in Kelso Group.

This morning it has emerged that Angus Monro, the former chief executive of Matalan, has also bought a 3pc stake John Goold's Kelso Group, the activist investment vehicle pushing for a strategic change at THG. Below is a link to the announcement:..

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THG founder builds stake in THG activist ...

Thursday, 30 November 2023, 9:54 am

Here is an interesting twist on the whole THG/Matt Moulding versus the stockmarket story.

Moulding, the founder of online retailer THG who has repeatedly criticised City of London investors since floating on the London market, has bought a 3.2pc in Kelso Group, which is run by the well known stockbroker John Goold. Below is a link to this morning's announcement:..

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THG in talks to buy City AM, reveals Sky News

Wednesday, 26 July 2023, 8:26 am

Mark "The Kleinmanator" Kleinman of Sky News has popped up this morning with a decent tale about THG, the London-listed online retailer.

Now, loyal subscribers to Betaville Intelligence content will know that THG has come back onto little old Betaville's radar recently though not for the reasons the Kleinmanator is suggesting...

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Tags: THG, City AM
Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 21

Thursday, 18 May 2023, 12:54 pm

There is right old dust up going on between Matt Moulding, the founder and boss of THG (also known as The Hut Group), and the venerable Financial Times.

Moulding has just gone completely beserk, releasing a lengthy attack on the FT on Linked In, where you get to self-publish i.e. write whatever you like to promote your own agenda. Little old Betaville isn't going to provide the link to his latest rant as it would appear to contain potential libels...

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Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 20

Friday, 12 May 2023, 9:53 am

So, takeover talks between THG and Apollo are off.

And Matt Moulding, the chief executive and founder of the online retailer, has released a highly unusual rant (please excuse the expletive within his copy) on his Linked In page about the whole situation whilst also taking verbal potshots at a variety of City types.

I have pasted it below for interested readers:..

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Tags: THG