Brief: Electra Private Equity Says In First 6 Months Of FY22 Hotter's UK Direct To Consumer Sales Up 39%

Unbound

17/08/2021 08:37

Aug 17 (Reuters) - Electra Private Equity PLC  ELTA.L :
    * ELECTRA PRIV. EQUITY  - REALISATION STRATEGY; HOTTER SHOES
TRADING UPDATE
    * ELECTRA PRIVATE EQUITY - BELIEVES STRATEGY OF 2 SEPARATE
LISTINGS "SIGNIFICANTLY OUTWEIGH OPPORTUNITY TO REALISE CASH
NOW, OR TO MAINTAIN STATUS QUO"
    * IN FIRST 6 MONTHS OF ITS FINANCIAL YEAR TO JANUARY 2022
HOTTER'S
UK DIRECT TO CONSUMER SALES HAVE GROWN 39%
    * ON COMPLETION OF DEMERGER OF HOSTMORE, ELECTRA'S SOLE
REMAINING
CORPORATE INVESTMENT WILL BE HOTTER
    * PROPOSED RENAME OF ELECTRA TO UNBOUND GROUP PLC WHEN IT
TRANSITIONS TO AIM

Source text for Eikon:  ID:nRSQ8137Ia 
Further company coverage:  ELTA.L 

 ((Reuters.Briefs@thomsonreuters.com;))