Quiz PLC Completion of Restructuring-Retail Store Portfolio (5753P)
10 Giugno 2020 - 04:06PM
UK Regulatory
TIDMQUIZ
RNS Number : 5753P
Quiz PLC
10 June 2020
10 June 2020
QUIZ Plc
("QUIZ" or the "Company", together with its subsidiaries the
"Group")
Completion of Restructuring of Standalone Retail Store
Portfolio
QUIZ, the omni-channel fast-fashion brand, confirms that
pursuant to its announcement made at 7.00am this morning (the
"First Announcement"), Administrators were appointed to Kast Retail
Limited ("Kast") earlier today. The Group has therefore completed
the proposals to restructure its standalone retail store portfolio
outlined in the First Announcement, including the Acquisition of
the business and certain assets of Kast (acting through its
Administrators).
Further updates regarding the re-opening of QUIZ stores will be
provided as appropriate.
Capitalised terms used in this announcement are as defined in
the First Announcement.
Notes: This announcement contains inside information for the
purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
QUIZ plc Via Hudson Sandler
Tarak Ramzan, Chief Executive Officer
Gerry Sweeney, Chief Financial Officer
Sheraz Ramzan, Chief Commercial Officer
Panmure Gordon (Nominated Adviser and
Sole Broker)
Alina Vaskina / Joanna Langley (Corporate
Finance)
Erik Anderson (Corporate Broking) +44 (0) 207 886 2500
Hudson Sandler LLP (Public Relations) +44 (0) 207 796 4133
Alex Brennan quiz@hudsonsandler.com
Lucy Wollam
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END
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