The 132.5m shares were worth £839m at last night's closing price of 633p. It was the UK’s biggest technology IPO as well as the largest London listing since Royal Mail in 2013. About Us  |  Contact Us  |  Fool Careers | The Fool UK Team  |  Legal Information  |  Disclaimer & Disclosure  |  Privacy & Cookie Statement  | GDPR | Terms & Conditions  |  Site Map. But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared. Matthew Moulding, 48, founded technology firm The Hut Group in 2004 and has received what is one of the largest bonuses in corporate history after the company's share price rose to meet its target. It recently announced the purchase of the luxury skincare brand Perricone MD. No liability is accepted by the author, The Motley Fool Ltd or its Officers, or Richdale Brokers and Financial Services Ltd or its Officers, for any investment loss, or any other loss or detriment experienced by any individual for any investment decision, whether consequent to, or in any way related to this content, the provision of which is an unregulated activity. These two segments operate various wellness, sports nutrition and beauty brands such as MyProtein, LookFantastic and GlossyBox. The Hut Group shares had a successful IPO, and they look interesting to Nadia Yaqub, who has looked into the company’s future prospects. UK investors got very excited about The Hut Group shares. Simply enter your email address below to discover how you can take advantage of this. Some are concerned over founder Matthew Moulding continuing as both CEO and Executive Chairman. The Manchester-based technology company will this week signal its plan to float in London, Sky News learns. So what now for the company? 76.4% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our, The Hut Group completes £251m acquisition of Dermstore, : Online demand for beauty products surges during the pandemic, as retailer The Hut Group hikes revenue outlook again, The Hut Group and Very.co.uk enjoy strong sales from lockdown Christmas, The Hut Group lifts revenue forecast for third time since IPO, City Bulletin: The Hut Group boosts sales guidance — for third time. Technology giant, Microsoft, has launched its Rare gaming merchandise website using THG Ingenuity. £4.5bn float puts The Hut Group founder in line for £700m share windfall. Any opinions expressed are the opinions of the author only. The PM visiting The Hut Group (Credit: PA) These shares have already made 74 lucky workers millionaires, and helped many more into financial comfort. “This Stock Could Be Like Buying Amazon in 1997”. Manchester-based THG has become a global player in ecommerce and one of the UK’s biggest digital success stories. Let’s consider the investment case in detail. Now its founder Matt Moulding has taken his company public in a £1.88bn IPO. Now its founder Matt Moulding has taken his company public in a £1.88bn IPO. This little-known State Pension rule change could halve your retirement income overnight, 4 things within your control that can make or break your retirement dreams, Free Report: 5 Stocks For Trying To Build Wealth After 50, 4 cheap UK shares I’d buy before the ISA deadline. The PM visiting The Hut Group (Credit: PA) These shares have already made 74 lucky workers millionaires, and helped many more into financial comfort. It operates through following businesses: THG Ingenuity, THG Nutrition, THG Beauty, THG Lifestyle & THG Experience. This concentration of power in a single person is very unusual for a listed company. Hut Group shares soar after biggest UK market debut in five years. Nadia Yaqub has no position in any of the shares mentioned. Its IPO timing was ideal as it rode the coronavirus online shopping boom. Nadia Yaqub | Sunday, 13th December, 2020 | More on: THG. The Hut Group soars 25% on stock market debut: Online shopping firm's share price rise makes founder Matthew Moulding a billionaire. And the number is only going to get higher, as Moulding, from Colne near Burnley in Lancashire, still has £175 million of shares to hand out from the £1 billion he set aside. We may also publish information about consumer credit, loan, mortgage, insurance, savings and investment products and services, including those of our affiliate partners. Investor and advisor contacts. It reached a £5.4 billion valuation on its IPO, nearly £1 billion more than the British company was expecting to get. Company No: 3736872. … Matt Moulding, who founded The Hut Group, said about 430 staff had been given free shares in the past 10 years (Picture: The Hut Group) The boss of … Not all investors share the enthusiasm around the firm’s future prospects though. The company was valued at … Exchange rate fluctuations can reduce the sterling value of any overseas holdings. This in turn should increase and further diversify its reliance on beauty and wellness products and boost The Hut Group shares. MyWalletHero, Fool and The Motley Fool are all trading names of The Motley Fool Ltd. Operating from a headquarters in Cheshire, The Hut Group is a global online retailer specialising in health and beauty. The Hut Group has three divisions, two of which are THG Nutrition and THG Beauty. Find the latest HUT 8 MINING CORP (HUT.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Confirm your payment details. THE Hut Group's shares soared more than 30 per cent in the company's first day of trading on Wednesday after batting away corporate governance concerns to seal the first major British initial public offering in seven years. Launched in 2004, it focuses on selling own brand or leading third-party branded goods to customers directly through a portfolio of over 60 international websites. Renowned stock-picker Mark Rogers and his select team of expert analysts at The Motley Fool UK have just revealed 6 "Best Buy" shares that they believe UK investors should consider buying NOW. We drive Ingenuity. The fact that the company is securing these contracts shows that its software is well-respected in the industry. What makes The Hut Group a tech company? The Hut Group listed on the London Stock Exchange for the first time today after its initial public offering (IPO). Board of Directors. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. The Hut Group's listing in London could value the company at £4.5bn and it plans to raise £920m through the sale. Manchester-based THG has become a global player in ecommerce and one of the UK’s biggest digital success stories. Should I buy? The Motley Fool UK has recommended PZ Cussons and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. The company now expects significant out-performance for both Q4 and FY20 versus previous guidance. Our world-class tech and infrastructure drives our brands and supercharges other retailers. The Hut Group. It shows that: The Hut Group has raised $2.84 b in total funding. And the company continues to get support from institutional investors such as BlackRock. In this FREE STOCK REPORT, The Motley Fool UK's Managing Director Mark Rogers and his analyst team just revealed what they believe is a "Top Growth Share" that they think savvy investors should buy today, while they still can. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit! We create Experiences. Those given the shares have ranged from people working in management right down to some folks working in the warehouse, and as The Hut Group's market value … Hut Group shares soar 30% on first day’s trading It is, in short, a fundamentally far better business. I expect the beauty and nutrition divisions to grow organically and through acquisition. View The Hut Group stock / share price, financials, funding rounds, investors and more at Craft. The company was founded by John Andrew Gallemore and Matthew John Moulding in 2004 and is headquartered in Manchester, the United Kingdom. Matthew Moulding, who founded the company in 2004, will receive at least £830m in shares after the share price of the company rose to hit targets set at its flotation on the London Stock … The Hut Group annual revenue was £915.76 m in FY 2018. By Lucy White For The Daily Mail. I think they look an interesting buy in today's economic climate. The Hut Group has raised $2.84 b in total funding. The post The Hut Group shares: I think this high-growth stock is just getting started appeared first on The Motley Fool UK. He also retains control of the structure via a founder share for the next three years. Founded in 2004, the Manchester-based company has become an important e-commerce player. The value of stocks and shares and any dividend income, may fall as well as rise, and is not guaranteed so you may get back less than you invested. Ingenuity’s growing list of big-name partners includes Nestlé, PZ Cussons and L’Occitane. If you’re aiming to get your finances on track and you’re in or near retirement, then here’s your chance to claim a FREE copy of an exceptional investing report featuring 5 stocks that The Motley Fool UK is expressly recommending for INVESTORS aged 50 and OVER to consider investing in! We have taken reasonable steps to ensure that any information provided is accurate at the time of publishing. Warning! With its IPO going well, The Hut Group shares are hot property. As of 2015, The Hut Group's sales had predominantly been outside the UK. The company’s recent trading update was positive and its strong sales performance was supported by Singles’ Day, Black Friday and Cyber Week. The company helps sell retail brands, including Lookfantastic and skincare group ESPA. We do not provide personal advice neither will we arrange any product on your behalf. The Hut Group; THG £1.88bn tech IPO comes to London . All rights reserved. The Hut Group’s shares soared more than 30% in the company’s first day of trading in London today after batting away corporate governance concerns to seal the first major British initial public offering in seven years. Let’s conquer your financial goals together… faster! In just 15 years we’ve acquired and grown some of the world’s most distinguished beauty and lifestyle brands. The Hut Group (also known as "THG") is a British e-commerce company headquartered at Manchester Airport, England. It will report next on January 12, and I expect any positive news will boost the The Hut Group shares from their current price. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I like that 50% of THG’s beauty and wellness sales are from its own products, as the margins are likely to be higher than from third-party brands. Stock quotes by finanzen.net, * Average Estimates in Million (e.g. LONDON — The Hut Group’s shares soared more than 30% in the company’s first day of trading on Wednesday after batting away corporate governance concerns to seal the first major British initial public offering in seven years. The FinecoBank* Multi-Currency Trading Account offers UK investors highly competitive share-dealing rates across 26 global markets. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. THG £1.88bn tech IPO comes to London ... Share this page . 4 reasons why I think The Hut Group share price could rise Nadia Yaqub | Monday, 25th January, 2021 | Share: Facebook; Twitter; Google Plus; LinkedIn; The Hut Group. Open your account. I think The Hut Group shares will continue to be high-growth as the business seems to be doing all the right things. Sector: Retail; Region: North West England; Revenue: £200m to £250m; Website: www.thehutgroup.com; Setting the rules. Three months since listing on the stock market at 500p, the The Hut Group shares are trading at 661p. Expert commentary on Retail; Barker and Stonehouse; Red5 (Menkind Group) REN Skincare; The Hut Group; Company information. Why I’d ignore the Argo Blockchain share price and buy other UK shares, FTSE 100 watch: 2 UK shares I’d buy before the ISA deadline, FTSE 100: why I’d forget the Lloyds and Cineworld share prices and buy these UK shares, Extreme Opportunities UK: Next-Gen Supercycle, UK: Freelance Credit Card / Personal Finance Writer, A Top Small-Cap Stock from The Motley Fool UK. View The Hut Group stock / share price, financials, funding rounds, investors and more at Craft. It reached a £5.4 billion valuation on its IPO, nearly £1 billion more than the British company was expecting to get. Matt Moulding, who founded The Hut Group, said about 430 staff had been given free shares in the past 10 years (Picture: The Hut Group) The boss of … The post Missed the Bitcoin rally? It operates over 100 international websites selling Fast-moving consumer goods ("FMCG") direct to consumer through its proprietary e-commerce platform. Save. The Motley Fool UK owns shares of and has recommended Amazon and Microsoft. THE HOP HUT LTD is a Private limited with Share Capital company based in 136 NORTH ORBITAL ROAD, DENHAM, UXBRIDGE DENHAM, United Kingdom, which employs 2 people. Plus500. And right now, we're giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. So, what exactly does this company do and are The Hut Group shares worth buying? The Hut Group sold 376 million shares at 500 pence each — 25% above the price of the initial public offering price — to raise £1.88bn ($2.43bn), valuing the e-commerce company at £5.4bn ($6.96bn). THE HUT GROUP-TRADING/ (UPDATE 2):UPDATE 2-The Hut Group shares soar 30% after bumper $7 bln London IPO In 2017, The Hut Group was valued at more than £2.5bn making it one of the most valuable … © 1998 – 2021 The Motley Fool. The company was valued at … Shares in The Hut Group soared more than 30% in the online health and beauty retailer’s first day of trading on Wednesday in London, as it swept … John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Dividend). What’s more, the company has been able to grow its share of these product categories because it either directly owns leading brands or occupies a leading reseller position. We build Brands. Three months since listing … Through its third division, THG Ingenuity, the company develops and operates third-party e-commerce websites using its in-house software. Our world-class tech and infrastructure drives our brands and supercharges other retailers. Disclaimer | “We have created … The Hut Group shares surged 9.36% today to trade at 709.8p having rallied from today’s opening price of 649p. The Hut Group annual revenue was £915.76 m in FY 2018. How to buy shares in The Hut Group Choose a platform. In the hunt for strong gains for 2021, Jonathan Smith looks at shares in The Hut Group, as he feels the company has slid under the radar since the IPO in September. In just 15 years we’ve acquired and grown some of the world’s most distinguished beauty and lifestyle brands. Contact us. What's more, we firmly believe there's still plenty of upside in its future. Check them out here. Here’s your chance to discover exactly what has got our Motley Fool UK analyst team all revved up about this ‘pure-play’ online business (yes, despite the COVID pandemic!). The software business model is close to the Amazon Web Services solution, but on a much smaller scale and it’s only concentrated in the e-commerce space. To get the full research report for FREE, simply click the button below to get the full details sent straight to your inbox. Matt Moulding, founder of Manchester-based The Hut Group, said about 430 staff had been gifted free shares in the past 10 years. Please refer to FOS and FSCS for up-to-date information, including eligibility criteria. The content provided in this article has not taken into account the circumstances of any specific individual, and does not constitute personal advice or a personal recommendation for any individual; neither should it be relied upon by any individual when making an investment decision. Made In NYC | The Hut Group (THG) floated its shares on the London Stock Exchange in September in the biggest initial public offering in the UK since 2013. Click here for The Motley Fool UK’s resources on Coronavirus and the market. Hut Group shares soar 30% on first day’s trading It is, in short, a fundamentally far better business. LONDON, Sept 16 (Reuters) - The Hut Group's shares soared 30% in the company's first day of trading on Wednesday after batting away corporate … RISK WARNINGS AND DISCLAIMERS Company registration number 10046233. The Motley Fool Ltd is an appointed representative of Richdale Brokers & Financial Services Ltd who are authorised and regulated by the FCA (FRN: 422737). Share price. Those given the shares have ranged from people working in management right down to some folks working in the warehouse, and as The Hut Group's market value … Important information and risk disclaimer: The value of shares and any income produced can fall as well as rise, and you may get back less than you invest. I think the market is undervaluing its true potential and as a long-term investor, I’d buy. The IPO has netted £920m for the company. THG Holdings (LSE: THG), or The Hut Group as it’s best known, listed on the London Stock Exchange through an Initial Public Offering (IPO) in September. That’s a gain of 32% for those who invested at the fixed IPO price. People who read this also read: Fascinating Blockchain Statistics & Facts; Trade shares with the highly-rated IG; Key stock market statistics for 2020; CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . If you require any personal advice or personal recommendation, please speak to an independent qualified financial adviser. Source: FactSet. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. The Hut Group (THG), one of the UK’s leading e-commerce player, entered the London stock-exchange successfully last week on September 21.. Investors unconcerned by health and beauty retailer’s unusual corporate governance structures . Shareholder information. This suggests The Hut Group will start life as a public company with a valuation of £4.5 billion. It was the UK’s biggest technology IPO as well as the largest London listing since Royal Mail in 2013. It sold 376 million shares at 500 pence each to raise £1.88 But the total payout from the scheme will top £1billion if The Hut's market capitalisation rises to £7.25billion. Results, reports and presentations. Investment platforms … We drive Ingenuity. Superficially a beauty products retailer, THG actually owns a … Revenue) or per share (e.g. The Financial Ombudsman Service and Financial Services Compensation Scheme may consider certain investment related claims. Save. And the number is only going to get higher, as Moulding, from Colne near Burnley in Lancashire, still has £175 million of shares to hand out from the £1 billion he set aside. Investors unconcerned by health and beauty retailer’s unusual corporate governance structures . The Hut Group's shares soared more than 30% in the company's first day of trading on Wednesday after batting away corporate governance concerns to seal the first major British initial public offering in seven years. Registered Office: 5 New Street Square, London EC4A 3TW. Leadership and Corporate governance. Over the past few months, the company has secured new partnerships with reputable brands such as Frasers Group‘s Jack Wills and Vita Coco. Matt Moulding, 48, founder of The Hut Group, said he has gifted around 430 staff shares in the company over the last ten years. The Hut Group (THG) floated its shares on the London Stock Exchange in September in the biggest initial public offering in the UK since 2013.