UK’s largest web hosting company is pursuing a multi-billion dollar flotation

The UK’s largest web hosting company The Hut Group (THG) is planning to disclose its plan for a new incentive scheme as well as a £4.5bn stock market flotation.

As first reported by Sky News, the long-standing share plan could result in THG’s co-founder and executive chairman Matthew Moulding earning more than £700m worth of shares if the company is able to achieve a market capitalization of £7.25bn by December of 2022.

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