As a long-standing shareholder of THG Plc, holding approximately 1.6% of the company, my commitment to its sustainable growth and proper governance is driven purely by considerations of shareholder value, devoid of any personal emotion. I fully support Kelso Group Holdings’ proactive stance in addressing critical issues at the forthcoming AGM.
The current market valuation of THG starkly underrepresents the sum of its parts, a view supported by independent evaluations, such as the recent coverage from Peel Hunt. This valuation gap is largely due to strategic stagnation and a lack of transparency from the current leadership, as highlighted in Kelso’s recent communications.
It is crucial that we take decisive action now. I urge all shareholders to recognise the long-term benefits of the changes proposed by Kelso, particularly their intention to vote against Resolution 5 concerning the re-election of the Chair. Our focus must be on strategic clarity and enhanced governance to unlock the true potential of THG.
Together, let’s ensure our investment decisions are measured, objective, and focused on driving shareholder value.
Independent Retail Professional
2wWell done!