The Hut Group hands over City ‘conspiracy’ dossier to financial watchdog

Matt Moulding (photo credit - Peter Searle)

The Hut Group has handed over a dossier of data to the City watchdog chief executive Matt Moulding hopes will prove stockbrokers colluded to drive down its share price.

In the last few weeks, THG has passed on what it believes to be irregular stock market activity and short-selling data to the Financial Conduct Authority (FCA). 

Chief executive Moulding is understood to be particularly suspicious of trading activity after THG’s investor day in October, according to reporting in The Sunday Times. 

After its investor day on October 12, there was a raft of sell orders that wiped over £2bn off THG’s valuation. 

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

During December, registered users can access 24 free articles in our advent calendar - find it here or on the homepage.

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.