CPR.L Regulatory News (CPR)

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

LEI: 213800GO32BSNNHXID90

Carpetright plc

("Carpetright" or the "Company" or the "Group")

Result of Placing and Open Offer

On 18 May 2018, Carpetright announced its intention to raise net proceeds of approximately £60.0 million (£65.1 million gross) from the issuance of 232,463,221 New Ordinary Shares by way of a Placing and Open Offer at a price of 28 pence per New Ordinary Share. The New Ordinary Shares were conditionally placed with Conditional Placees, subject to clawback in respect of valid applications by Qualifying Shareholders under the Open Offer.

The Open Offer closed at 11.00 a.m. on 5 June 2018 in accordance with its terms. Carpetright is pleased to announce that it has received valid acceptances from Qualifying Shareholders under the Open Offer in respect of 214,127,111 New Ordinary Shares, representing approximately 92.1 per cent. of the New Ordinary Shares available pursuant to the Open Offer. The remaining 18,336,110 New Ordinary Shares will be taken up pursuant to the Placing.

The Placing and Open Offer remains conditional on, amongst other things, the passing of the Resolutions at the General Meeting to be held at 4.00 p.m. today. Admission is expected to become effective and dealings in the New Ordinary Shares issued in connection with the Placing and Open Offer to commence at 8.00 a.m. on 8 June 2018.

Capitalised terms used in this announcement have the same meanings given to them in the prospectus published by Carpetright on 18 May 2018 in connection with the Placing and Open Offer.

Notes to Editors

Carpetright plc is Europe's leading specialist floorcoverings and beds retailer. Since the first store was opened in 1988 the business has developed both organically and through acquisition within the UK and other European countries. The Group is organised into two geographical regions, the UK and the Rest of Europe (comprising The Netherlands, Belgium and the Republic of Ireland).

IMPORTANT NOTICE

This document is an advertisement and does not constitute a prospectus in connection with an offering of securities of the Company. Investors must neither accept any offer for, nor acquire, any securities to which this document refers, unless they do so on the basis of the information contained in the applicable prospectus published by the Company. The subscription or purchase of ordinary shares of the Company is subject to specific legal or regulatory restrictions in certain jurisdictions. Persons distributing this communication must satisfy themselves that it is lawful to do so. The Company assumes no responsibility in the event there is a violation by any person of such restrictions.

These materials may not be published, distributed or transmitted by any means or media, directly or indirectly, in whole or in part, in or into the United States. These materials do not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. Securities may not be offered or sold in the United States absent (i) registration under the U.S. Securities Act of 1933, as amended (the "Securities Act") or (ii) an available exemption from registration under the Securities Act. The securities mentioned herein have not been, and will not be, registered under the Securities Act and will not be offered to the public in the United States.

Peel Hunt LLP ("Peel Hunt") is authorised and regulated by the Financial Conduct Authority (the "FCA") and is acting exclusively for the Company and no one else in relation to the matters referred to herein and is not, and will not be, responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the contents of this document or any other matter referred to herein.

Deutsche Bank AG, London Branch ("Deutsche Bank") is authorised under German Banking Law (competent authority: European Central Bank) and, in the United Kingdom, by the Prudential Regulation Authority (the "PRA"). It is subject to supervision by the European Central Bank and by BaFin, Germany's Federal Financial Supervisory Authority, and is subject to limited regulation in the United Kingdom by the PRA and the FCA. Details about the extent of its authorisation and regulation by the PRA, and regulation by the FCA, are available on request or from www.db.com/en/content/eu_disclosures.html. Deutsche Bank is acting exclusively for the Company and no one else in connection with the matters referred to herein, and Deutsche Bank is not, and will not be, responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the contents of this document or any other matter referred to herein.

No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Peel Hunt or Deutsche Bank or by any of their respective affiliates or agents as to, or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.