Release of Management Lockup Arrangement

RNS Number : 5748I

DFS Furniture plc

10 December 2015

 

10 December 2015

DFS Furniture plc

Release of Management Lockup Arrangement

DFS Furniture plc ("DFS Group") confirms that it has been agreed with our IPO joint global coordinators that Ian MacGuffog, previously Chief Executive of Sofa Workshop, will be released with immediate effect from the IPO-related lock-up arrangements that currently apply to him. Ian recently left DFS Group following the successful integration of Sofa Workshop.

Ian holds shares in DFS Group equivalent to less than 0.3% of the issued share capital.

Enquiries:

DFS (enquiries via FTI)	FTI Consulting
Ian Filby (CEO)	Jonathon Brill
Bill Barnes (Finance Director)	Josephine Corbett
Mike Schmidt (Director of Corporate Affairs)	Tom Hufton
	[phone]
	[e-mail]

About DFS Furniture plc

DFS is the clear market leading retailer of upholstered furniture in the United Kingdom. We design, manufacture, sell and deliver to our customers an extensive range of upholstered furniture products. The business operates a retail network of upholstered furniture stores in the United Kingdom and Europe, together with an online channel. These have been established and developed gradually over more than 45 years of operating history.  We attract customers to our stores and website through our substantial and continued investment in nationwide marketing activities and our reputation for high quality products and service, breadth of product ranges and price points and favourable consumer financing options. 

 

END

 

 

MSCMMMGZNLFGKZM