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Electra Priv. Equity - Expiry of Hotter Shoes CVA Challenge Period

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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