TIDMELTA
RNS Number : 1435M
Electra Private Equity PLC
17 September 2021
Electra Private Equity PLC ("Electra")
Unbound Group Capital Markets Day Recording
17 September 2021
Further to the Electra Capital Markets Day on 15 September 2021
focused on Unbound Group, a recording of the presentation can be
accessed by following the link below:
Please click here for recording
The link to the Capital Markets Day recording will be available
on the Investor Relations section of Electra's website
www.electraequity.com and on the new Unbound Group website at
www.unboundgroupplc.com .
S
ENQUIRIES
Electra Private Equity PLC
Gavin Manson, Chief Financial and Operating Officer
020 3874 8300
Vico Partners
John Sunnucks, Iain Rawlinson, Sofia Newitt
020 3957 5045
NOTES TO EDITORS
Electra Private Equity PLC
Electra is a private equity investment trust which has been
listed on the London Stock Exchange since 1976. Electra's
investment objective is to follow a realisation strategy, which
aims to crystallise value for shareholders, through balancing the
timing of returning cash to shareholders with maximisation of
value. Since 1st October 2016, Electra has distributed over GBP2
billion to shareholders through ordinary dividends, special
dividends and share buybacks.
Unbound Group PLC
Unbound Group PLC will be the parent company for a range of
brands focused on the 55+ demographic. Initially focused on Hotter
Shoes, Unbound Group will provide a broader range of products and
services to support and enhance the active lifestyles and wellbeing
of its targeted customer community. This online, digitally led
platform will be based on the foundations of Hotter as a trusted
brand, cloud based digital infrastructure, and strong customer
personalisation through data insight. Unbound Group's expanded
offering beyond Hotter footwear will feature apparel and wellness
products and services, alongside third-party complementary
brands.
Hotter Shoes
Hotter Shoes has been transformed from a retail to a
multi-channel business with a strong and growing digital focus over
the last 2 years, and is now a fast-growing, profitable and
cash-generative e-commerce focused footwear brand. Hotter provides
footwear with uncompromising focus on comfort and fit through the
use of differentiating technology, to a targeted demographic that
values its brand and products. Hotter's direct-to-consumer channels
now reach 29% of the female population in the UK over the age of
55, providing them with footwear that allows them to do more of
what they love. Cultural and demographic shifts now provide an
opportunity to further monetise the existing Hotter customer
database and grow it through the addition of similarly themed
products beyond footwear.
FURTHER INFORMATION
The distribution of this document in jurisdictions other than
the United Kingdom may be restricted by law and persons into whose
possession this document comes should inform themselves about and
observe any relevant restrictions. In particular, this document may
not be published or distributed, directly or indirectly, in or into
the United States of America, Canada, Australia, Japan or South
Africa.
This communication is not for publication or distribution,
directly or indirectly, in or into the United States (including its
territories and possessions, any State of the United States and the
District of Columbia). This communication does not constitute or
form part of an offer of securities for sale or solicitation of an
offer to purchase securities in the United States, Canada,
Australia, Japan, South Africa or in any other jurisdiction in
which such offer may be restricted. The securities referred to in
this communication have not been, and will not be, registered under
the US Securities Act of 1933, as amended (the "Securities Act"),
or the securities laws of any state in the United States and may
not be offered or sold in the United States, except in reliance on
an applicable exemption from, or in a transaction not subject to,
the registration requirements of the Securities Act. There will be
no public offering of securities in the United States.
This communication is directed only at persons who: (i) are
qualified investors within the meaning of Article 2(e) of
Regulation (EU) 2017/1129, as it forms part of UK law by virtue of
the European Union (Withdrawal) Act 2018, (as amended); and (ii)
have professional experience in matters relating to investments who
fall within the definition of "investment professionals" contained
in article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) (the "Order") or are
persons falling within article 49(2)(a) to (d) (high net worth
companies, unincorporated associations, etc.) of the Order, or fall
within another exemption to the Order (all such persons referred to
in (i) and (ii) above together being referred to as "Relevant
Persons"). Any person in the United Kingdom who is not a Relevant
Person must not act or rely on this communication or any of its
contents. In the United Kingdom, any investment or investment
activity to which this communication relates is available only to
Relevant Persons and will be engaged in only with Relevant Persons.
By accepting receipt of this communication, each recipient is
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Person.
In the member states of the European Economic Area (the "EEA"),
this communication is directed only at persons who are "qualified
investors" within the meaning of Article 2(e) of the Prospectus
Regulation (Regulation 2017/1129/EU)("Qualified Investors").This
communication must not be acted or relied upon by, and no
investment will be made available to nor any investment activity
will be engaged in with any persons who are not Qualified
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recipient is deemed to confirm, represent and warrant that they are
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The contents of this announcement have been prepared by and are
the sole responsibility of Electra .
This announcement is being made for information purposes only in
connection with the proposed move of Electra's listing (then
renamed Unbound Group PLC) to AIM subsequent to Electra's proposed
demerger of Hostmore plc ("Hostmore") and does not purport to be
full or complete.
This announcement does not constitute an offer or invitation to
sell or issue, or a solicitation of an offer or invitation to
purchase or subscribe for any securities in any jurisdiction nor
shall it (or any part of it) or the fact of its distribution, form
the basis of, or be relied on in connection with any contract
therefor.
This announcement may not be relied upon for the purpose of
entering into any transaction and should not be construed as, nor
be relied on in connection with, any offer, invitation or
inducement to purchase or subscribe for, or otherwise acquire, hold
or dispose of any securities of Electra and/or Hostmore and shall
not be regarded as a recommendation in relation to any such
transaction whatsoever.
Stifel Nicolaus Europe Limited ("Stifel") which is authorised
and regulated in the UK by the FCA, is acting as financial adviser
and nominated adviser exclusively for Electra in connection with
the proposed move of its listing to AIM following the demerger of
Hostmore (the "Listing Move") and for no one else in connection
with the Listing Move or any other matters described in this
announcement and will not regard any other person as a client in
connection with the Listing Move or any other matters described in
this announcement or be responsible to anyone other than Electra
for providing the protections afforded to clients of Stifel nor for
providing advice in connection with the Listing Move or any other
matters referred to in this announcement. Apart from the
responsibilities and liabilities, if any, which may be imposed on
Stifel by the Financial Services and Markets Act 2000 or the
regulatory regime established thereunder, neither Stifel nor any of
its affiliates, directors, officers or employees owes or accepts
any duty, liability or responsibility whatsoever (whether direct or
indirect, consequential, whether in contract, in tort, in delict,
under statute or otherwise) to any person who is not a client of
Stifle for the contents of this announcement or its accuracy,
completeness or verification or for any other statement made or
purported to be made by it, or on its behalf, or by any other
person(s) in connection with the Listing Move, this announcement,
any statement contained herein, or otherwise.
Certain statements made in this announcement are forward-looking
statements and by their nature, all such forward-looking statements
involve risk and uncertainty. Forward-looking statements include
all matters that are not historical facts and often use words such
as "expects", "may", "will", "could", "should", "intends", "plans",
"predicts", "envisages" or "anticipates" or other words of similar
meaning. These forward-looking statements are based on current
beliefs and expectations based on information that is known to
Electra at the date of this announcement. Actual results of the
Electra Group (being Electra and its subsidiary undertakings from
time to time), and/or their respective industries may differ from
those expressed or implied in the forward-looking statements as a
result of any number of known and unknown risks, uncertainties and
other factors, including, but not limited to, the effects of the
COVID-19 pandemic and uncertainties about its impact and duration,
many of which are difficult to predict and are generally beyond the
control of Electra. Persons receiving this announcement should not
place undue reliance on any forward-looking statements. Unless
otherwise required by applicable law or regulation Electra and its
advisers (including Stifel) disclaims any obligation or undertaking
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
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