Electra Private Equity PLC Press speculation re Hotter Shoes (2693F)
November 13 2020 - 4:33AM
UK Regulatory
TIDMELTA
RNS Number : 2693F
Electra Private Equity PLC
13 November 2020
Electra Private Equity PLC
Press speculation re Hotter Shoes
13 November 2020
Further to recent press speculation, the Board of Electra
Private Equity PLC (the "Company") confirms that consistent with
the delivery of the Company's realisation strategy, Stifel Nicolaus
Europe Limited has been engaged to conduct early preparation for
the realisation of its investment in Hotter. The timing of the
launch of any sales process will be determined over the coming
months as trading patterns normalise in Hotter's new business model
focussed on direct to consumer channels predominantly in the UK and
US.
A further update will be provided as appropriate.
-ENDS-
For further information please visit www.electraequity.com or
contact:
Gavin Manson
Chief Financial and Operating Officer
Electra Private Equity PLC
17 Old Park Lane
London W1K 1QT
Tel: 44 (20) 3874 8300
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