UBG Unbound Group Plc

TIDMUBG

RNS Number : 8532Z

AIM

27 January 2022

 
                  ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION 
                   IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM 
                                              RULES") 
 
 COMPANY NAME: 
 
   Unbound Group PLC 
 COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY 
  TRADING ADDRESS (INCLUDING POSTCODES) : 
 
   Registered address: 
 
   17 Old Park Lane 
   London 
   W1K 1QT 
 
   Trading address 
 
   2 Peel Road 
   West Pimbo 
   Skelmersdale 
   WN8 9PT 
 COUNTRY OF INCORPORATION: 
 
   England and Wales 
 COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED 
  BY AIM RULE 26: 
 
   https://unboundgroupplc.com/investors/ 
 COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, 
  IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING 
  POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE 
  TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED: 
 
   Unbound Group PLC ("Unbound" or the "Company") will be the 
   parent company for a range of brands focused on the 55 plus 
   demographic. Initially focused on Hotter Shoes, Unbound's curated, 
   multi-brand retail platform will offer additional products 
   and services that will enhance the enjoyment and wellbeing 
   of its targeted customer community. This online platform will 
   be based on the foundations of Hotter Shoes as a trusted brand, 
   cloud-based digital infrastructure, and strong customer personalisation 
   through data insight. Unbound's expanded offering beyond footwear 
   will feature apparel and wellness products and services, with 
   third-party complementary brands featuring alongside new Unbound 
   brands, as well as Hotter Shoes. 
 
   Hotter Shoes has been transformed from a retail to a multi-channel 
   business with a strong and growing digital focus over the last 
   2 years, and is now a fast-growing, profitable and cash-generative 
   e-commerce focused footwear brand. Hotter Shoes provides footwear 
   with uncompromising focus on comfort and fit through the use 
   of differentiating technology, to a targeted demographic that 
   values its brand and products. Hotter Shoes' direct-to-consumer 
   channels now reach 29% of the female population in the UK over 
   the age of 55, providing them with footwear that allows them 
   to do more of what they love. Cultural and demographic shifts 
   now provide an opportunity to further monetise the existing 
   Hotter Shoes customer database and grow it through the addition 
   of similarly themed products beyond footwear. 
 
   The Company currently generates revenue globally. The main 
   country of operation is the UK 
 DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS 
  AS TO TRANSFER OF THE SECURITIES (i.e. where known, number 
  and type of shares, nominal value and issue price to which 
  it seeks admission and the number and type to be held as treasury 
  shares): 
 
   42,258,128 ordinary shares of 25 pence each 
 
   No restrictions on the transfer of shares 
 
   The Company holds no ordinary shares in treasury 
 CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) 
  AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION: 
 
   No capital being raised on Admission. Anticipated market cap 
   c.GBP30m 
 PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: 
 
   Approximately 42% 
 DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH 
  THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE 
  OR WILL BE ADMITTED OR TRADED: 
 
   None 
 FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS 
  (underlining the first name by which each is known or including 
  any other name by which each is known): 
 
   Neil Anthony Johnson - proposed non executive chairman 
 
   Ian Andrew Watson - proposed chief executive officer 
 
   Daniel (Dan) Malachy Lampard - proposed chief financial officer 
 
   Gavin Maxwell Manson - proposed non-executive director 
 
   Paul Andrew Goodson - independent non executive director 
 
   Linda Wilding - independent non executive director 
 
   Suzanne (Suki) Frances Allison Thompson - independent non executive 
   director 
 
   Baroness Kate Rock - independent non executive director 
 FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED 
  AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER 
  ADMISSION (underlining the first name by which each is known 
  or including any other name by which each is known): 
                             % of ISC pre   % of ISC post 
                                 admission       admission 
    Witan Investment Trust 
     plc                             13.1%           13.1% 
    Fidelity International           11.0%           11.0% 
    Ian Watson                        5.0%            5.0% 
    Aviva plc                         4.0%            4.0% 
    Crown Sigma UCITS plc             3.6%            3.6% 
 NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 
  2, PARAGRAPH (H) OF THE AIM RULES: 
 
         *    Hypnotion Limited 
 
 
         *    One Advisory 
 
 
         *    KPMG 
 
 
         *    BDO 
 
 
         *    Alvarez & Marsal 
 
 
         *    Interpath Advisory 
 
 
         *    Vico Partners 
 (i) ANTICIPATED ACCOUNTING REFERENCE DATE 
  (ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION 
  DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited 
  interim financial information) 
  (iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS 
  PURSUANT TO AIM RULES 18 AND 19: 
 
                    (i) 30 January 
 
                    (ii) 1 August 2021 (audited interim financial information) 
 
                    (iii) 30 July 2022 (audited accounts for the 16 months to 30 
                    January 2022); 
 
                    31 October 2022 (unaudited interims for the 6 months to 31 
                    July 2022; 
 
                    5 August 2023 (audited accounts for the 12 months to 5 February 
                    2023) 
 EXPECTED ADMISSION DATE: 
 
 
   1 February 2022 
 NAME AND ADDRESS OF NOMINATED ADVISER: 
 
 
   Stifel Nicolaus Europe Limited 
   150 Cheapside 
   London 
   EC2V 6ET 
 NAME AND ADDRESS OF BROKER: 
 
   Stifel Nicolaus Europe Limited 
   150 Cheapside 
   London 
   EC2V 6ET 
 OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE 
  (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE 
  AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL 
  DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES: 
 
   The admission document, which will contain full details of 
   the applicant and its securities, will be available from https://unboundgroupplc.com/investors/ 
 THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO 
  APPLY 
 
   The QCA Corporate Governance Code 
 DATE OF NOTIFICATION: 
 
   27 January 2022 
 NEW/ UPDATE: 
 
   UPDATE 
 

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END

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January 27, 2022 04:59 ET (09:59 GMT)

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