27 Aug 2020 07:00
RNS Number : 2468X
Electra Private Equity PLC
27 August 2020
Electra Private Equity PLC
Confirmation of expiry of period for challenge to Hotter Shoes CVA and consequent investment
27 August 2020
Electra Private Equity PLC ("Electra") is pleased to confirm that following the approval of the Company Voluntary Arrangement ("CVA") of Hotter Shoes on 28 July 2020 the period for challenge to that outcome has now passed. No challenges have been made and as such the CVA is now confirmed, and Electra will proceed to make a £2m investment in Hotter, committed in support of the CVA process.
-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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