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Response to recent press speculation

29 Jan 2019 15:02

RNS Number : 4445O

ScS Group PLC

29 January 2019

29/1/ 2019

ScS Group plc

("ScS" or the "Group")

Response to recent press speculation

ScS, one of the UK's largest retailers of upholstered furniture and floorings, notes the recent press speculation regarding the potential acquisition of Sofa.com Limited.

The Group confirms that ScS Group plc is in discussions regarding a potential acquisition of the business and assets of Sofa.com Limited. There can be no certainty that a transaction will be concluded and a further announcement, as appropriate, will be made in due course.

The information contained in this announcement is deemed to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

Enquiries:

ScS Group PLC

David Knight, Chief Executive Officer

Chris Muir, Chief Financial Officer

c/o Buchanan +44 (0)20 7466 5000

Buchanan

Richard Oldworth

Madeleine Seacombe

Tilly Abraham

Tel: +44 (0)20 7466 5000

scs@buchanan.uk.com

Shore Capital

Patrick Castle

Dru Danford

James Thomas

Tel: +44 (0)207 408 4050

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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