30 October 2023
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Safestyle UK plc
("Safestyle" or the "Company")
Appointment of Administrators to Subsidiaries
On 27 October 2023, Safestyle announced 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").
Today, 30 October 2023, the directors of HPAS, SGH and SGUK have appointed Richard John Harrison of Interpath Ltd, 10th Floor, One Marsden Street, Manchester, M2 1HW and William James Wright of Interpath Ltd, 9th Floor, 10 Fleet Place, London, EC4M 7RB as administrators to HPAS, SGH and SGUK respectively. Any enquiries regarding HPAS, SGH or SGUK or their administration should be directed to Richard Harrison and William Wright. The relevant contact details are:
Creditors: safestylecreditors@interpathadvisory.com
Employees: safestyleemployees@interpathadvisory.com
Customers: safestylecustomers@interpathadvisory.com
Self-employed: safestyleselfemployed@interpathadvisory.com
For further information:
| Safestyle UK plc Rob Neale, Chief Executive Officer Phil Joyner, Chief Financial Officer
| via FTI Consulting |
| Zeus (Nominated Adviser & Joint Broker) Dan Bate / James Edis (Investment Banking) Dominic King (Corporate Broking)
| Tel: 0203 829 5000 |
| Liberum Capital Limited (Joint Broker) Jamie Richards / William King
| Tel: 0203 100 2100 |
| FTI Consulting (Financial PR) Alex Beagley / Sam Macpherson / Amy Goldup
| Tel: 0203 727 1000 |
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