REG - Quiz PLC - Completion of Restructuring-Retail Store Portfolio

QuizAnnouncement

10/06/2020 15:10

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
Lucy Wollam


quiz@hudsonsandler.com 




 


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