REG - Safestyle UK PLC - Notice of EGM to Nominate Liquidators

Safestyle UKAnnouncement

18/12/2023 07:00

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RNS Number : 0690X  Safestyle UK PLC  18 December 2023

18 December 2023

 

 

Safestyle UK plc

("Safestyle" or the "Company")

 

Notice of EGM to Nominate Liquidators and

Intention of Nomad and Joint Brokers to Resign

 

On 27 October 2023, Safestyle announced that its ordinary shares were
suspended from trading due to the ongoing financial uncertainty and that it
intended to appoint administrators to its subsidiaries H.P.A.S Limited
("HPAS"), Style Group Holdings Limited ("SGH") and Style Group UK Limited
("SGUK").

 

On 30 October 2023, the Company announced that it had appointed Richard
Harrison and William Wright of Interpath Advisory as administrators to HPAS,
SGH and SGUK.

 

On Friday, 15 December 2023, the Company posted a notice to shareholders
convening an extraordinary general meeting for 10 January 2024 to approve the
winding up of the Company and to nominate Mark Russell Kelly and Louis Leonard
Gerber of KPMG, and David Standish of Interpath Advisory (together the "Joint
Liquidators"), as joint liquidators for the purposes of winding up the
Company.

 

The Company has also been informed by Zeus that it intends to resign as
Nominated Adviser and Joint Broker to the Company, and Liberum has also
informed the Company that it intends to resign as Joint Broker, on the
appointment of the Joint Liquidators.

 

For further information:

 

 Safestyle UK plc                             via FTI Consulting

 Rob Neale, Chief Executive Officer

 Phil Joyner, Chief Financial Officer

 Zeus (Nominated Adviser & Joint Broker)      Tel: 0203 829 5000

 Dan Bate / James Edis (Investment Banking)

 Dominic King (Corporate Broking)

 Liberum Capital Limited (Joint Broker)       Tel: 0203 100 2100

 Jamie Richards / William King

 FTI Consulting (Financial PR)                Tel: 0203 727 1000

 Alex Beagley / Sam Macpherson / Amy Goldup

 

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