CORRECT: Huddled Group shares climb 11% as new COO, director named

Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group ...

Alliance News 17 March, 2025 | 8:07PM
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Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group CEO.

Huddled Group PLC - Nottingham, England-based investor in e-commerce brands - Appoints Paul Simpson as chief operating officer. Notes that Simpson was the co-founder of Nutricircle, which Huddled acquired and rebranded in 2024. Adds that Simpson will oversee the entirety of the group's operations. Also appoints "accomplished leader" Mike Ashley as an independent non-executive director. Notes Ashley's extensive experience in consumer-centric, high-growth businesses as well as his leadership roles across various companies like Boots UK Ltd, Argos Ltd and Travis Perkins PLC. CEO Martin Higginson says: "Paul and Mike's appointments are testament to the strength of our business and the growth opportunity we have ahead of us."

Current stock price: 3.60 pence, closed up 11% on Monday in London.

12-month change: up 44%.

By Christopher Ward, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Huddled Group PLC Ordinary Shares 3.70 GBX 5.71 -
Travis Perkins PLC 583.50 GBX 1.21 -
Frasers Group PLC 648.50 GBX 2.37 -
Walgreens Boots Alliance Inc 11.23 USD -0.31

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