LONDON (Reuters) – Online beauty products retailer THG has received a notification from founder Matthew Moulding and his wife Jodie that they are foregoing a pledge of some of their shares in the firm as collateral for a personal loan.
As of Oct 19, no shares legally or beneficially owned by the Mouldings are the subject of any security or share pledge, the company said in a statement.
(Reporting by Abhinav Ramnarayan; editing by Jason Neely)
