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Birmingham Post
Birmingham Post
Business
Jon Robinson

Matthew Moulding's THG hands shares worth £20m to over 700 employees

THG Ingenuity

Software and online retail giant THG has handed more than 700 of its employees shares worth around £20m.

The Manchester-headquartered group's move to award the shares to 708 members of staff comes after it gave out £36m in shares to 586 employees during 2022.

THG currently has a market capitalisation of around £750m with its shares trading at about 60p each.

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