AIM Rule 17 Update

Quiz PLC

04 May 2023

 

                                                                                                4 May 2023

QUIZ Group Plc

("QUIZ" or the "Group")

AIM Rule 17 Update

QUIZ, the omni-channel fashion brand, announces the following information relating to directors' disclosure under Schedule Two, paragraph (g) of the AIM Rules for Companies.

Peter Cowgill was a director of:

·      JD Sports plc from which Peter resigned from the board on 25 May 2022. Subsidiaries Peter was a director of included:

o  UC Clothing Limited, which entered creditors voluntary liquidation on 6 August 2020. The process remains ongoing. Third party creditor claims outside of JD Sports group companies are under £100k;

o  Blue Retail Limited, a dormant company, which entered creditors voluntary liquidation on 22 July 2021. The process  remains ongoing;

o  GOL Realisations Limited which entered administration on 23 June 2020 and which concluded on 3 January 2023. There was a shortfall to JD Sports plc of c.£1.9m; and

o  Prevu Studio Limited, from which Peter resigned from the board on 28 September 2022. Prevu Studio Limited was sold to Sdi (Retail Co 14) Limited on 16 December 2022 and entered into administration on 16 March 2023.

·      BetterBathrooms (UK) Limited, from which Peter resigned as non-executive director on 27 November 2018, and which entered administration on 1 March 2019 and concluded on 8 March 2021. There was a shortfall of over £8.4 million to secured creditors and of over £9 million to unsecured creditors.

Peter Cowgill was also a limited partner of:

·      Film Development Partnership II LLP which entered compulsory liquidation on 7 May 2021 following commencement of winding up on 15 December 2021; and

·      DI LLP which entered compulsory liquidation on 7 May 2021 commencement of winding up on 15 December 2021.

Enquiries :

QUIZ plc	Via Hudson Sandler
Tarak Ramzan, Chief Executive Officer Gerry Sweeney, Chief Financial Officer Sheraz Ramzan, Chief Commercial Officer
Panmure Gordon (Nominated Adviser and Sole Broker) Emma Earl (Corporate Finance) Rupert Dearden (Corporate Broking)	[phone]
Hudson Sandler LLP (Public Relations)	[phone]
Alex Brennan / Ben Wilson	[e-mail]

About QUIZ

QUIZ is an omni-channel fashion brand, specialising in occasion wear and dressy casual wear. QUIZ delivers a distinct proposition that empowers its fashion forward customers to stand out from the crowd.

QUIZ's buying and design teams constantly develop its own product lines, ensuring the latest glamorous looks at value prices. This fast, flexible supply chain, together with the winning formula of style, quality, value and speed-to-market has enabled QUIZ to grow rapidly into an international brand with stores, concessions, franchise stores, wholesale partners and international online partners.

QUIZ operates through an omni-channel business model, which encompasses online sales, standalone stores, concessions, international franchises and wholesale arrangements. 

To download images please visit: http://www.quizgroup.co.uk/media-download-centre/

For further information:

https://www.quizclothing.co.uk/

http://www.quizgroup.co.uk/

 

END