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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(END) Dow Jones Newswires

June 10, 2020 10:06 ET (14:06 GMT)

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