Statement regarding Investment in Inspecs Group
Summary by AI BETAClose X
SAFILO GROUP S.P.A.
STATEMENT REGARDING INVESTMENT IN INSPECS GROUP PLC
Further to the dealing disclosures under Rule 8.3 of the UK Takeover Code (the "Code"), Safilo Group S.p.A. ("Safilo" or the "Group") announces that, between 15 and 18 December 2025, the Group acquired shares in Inspecs Group plc ("Inspecs" or the "Company") representing, in aggregate, 25% of the Company's share capital, for a total consideration of approximately £21.7 million.
This equity stake reflects Safilo's confidence in Inspecs' long-term prospects, providing the Group with a strategic opportunity in the Company's future developments.
Safilo (together with any persons acting in concert with it) is bound by the restrictions set out in Rule 2.8 of the Code, as set out in its announcement on December 15, 2025.
For further information:
Safilo +39 049 6985766
Shore Capital (Financial Adviser to Safilo) +44 (0)207 408 4090
William Marshall (Corporate Broking)
Stephane Auton / George Payne (Corporate Advisory)
Important notice
Shore Capital and Corporate Limited and Shore Capital Stockbrokers Limited (either individually or collectively "Shore Capital"), which are authorised and regulated in the United Kingdom by the Financial Conduct Authority, are acting exclusively for Safilo and for no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other Safilo for providing the protections afforded to clients of Shore Capital or for providing advice in relation to the contents of, or matters referred to in, this announcement. Neither Shore Capital & Corporate Limited nor Shore Capital Stockbrokers Limited, nor any of their subsidiaries or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Shore Capital in connection with this announcement, any statement contained herein or otherwise.
Additional information
This announcement is not intended to, and does not, constitute or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction, whether pursuant to this announcement or otherwise. Any offer, if made, will be made solely by certain offer documentation which will contain the full terms and conditions of any offer, including details of how it may be accepted.
The release, distribution or publication of this announcement in jurisdictions outside the United Kingdom may be restricted by laws of the relevant jurisdictions and therefore persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.
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