Manchester-headquartered THG is set for a shock return to the FTSE 250 this week.
The return, which has caught many analysts by surprise, comes just three months after the retailer dropped into the Small Cap Index after a significant fall in its share price and market cap.
It brought an end to THG’s shortlived stay on the FTSE 250, which only saw them included in March 2025, alongside Hiscox and Atalaya Mining Cooper.
On Friday, FTSE Russell issued a statement saying that THG will take the place of Ocean Wilsons from Wednesday September 24 and be deleted from the FTSE SmallCap Index.
It follows the news that Ocean Wilsons is in the process of being acquired by Hansa Investment Company.
The low-key announcement has caught many by surprise but follows a significant bounce in the retailer’s share price.
THG currently has a share price of 35p and a market cap of £498m – up from 25p…
