Brief: Unbound Group Notes Recent Press Speculation Regarding Possible Administration

Unbound

12/07/2023 12:33

July 12 (Reuters) - Unbound Group PLC  UBGU.L :
    * RESPONSE TO PRESS SPECULATION
    * NOTES RECENT PRESS SPECULATION REGARDING POSSIBLE
ADMINISTRATION
OF GROUP AS ONE OF A NUMBER OF OPTIONS THAT COMPANY IS
CONSIDERING
    * BOARD AND CO'S ADVISERS CONTINUE TO EXPLORE OPTIONS FOR
GROUP,
ITS SHAREHOLDERS, INCLUDE A FORMAL RESTRUCTURING PLAN AND EQUITY
RAISE
    * IN EVENT THAT  DISCUSSIONS PROVE UNSUCCESSFUL, IT IS
LIKELY THAT
ADMINISTRATION WOULD OCCUR

Source text for Eikon:  ID:nRSL8204Fa 
Further company coverage:  UBGU.L 

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