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Manchester Evening News
Manchester Evening News
World
Jon Robinson

One of Manchester's richest men gifts shares worth over £800,000 to his mates for free

Manchester THG Matw Moulding Co SoftBank

One of Manchester's richest men has gifted shares in his retail and software giant worth more than £800,000 to a number of his friends. Matthew Moulding, who is chief executive of THG, has bought a further 1.169 million shares in the Manchester-headquartered retail giant at a price of 70.2287p each.

He then immediately gifted the shares to various friends for free, according to the company's latest filing with the London Stock Exchange.

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