On 16 September, Electra Private Equity (ELTA) issued a trading update for its largest remaining hospitality brands, Fridays and 63rd+1st, and named the board members for Hostmore, the parent company of those brands. ELTA’s board confirmed its intention to demerge Fridays – the largest of the two operating businesses (74% of ELTA’s NAV) – onto the Main Market of the London Stock Exchange (initially announced in May), early in Q421. The board aims to transition the remaining company, Hotter Shoes ....
27 Sep 2021
Electra Private Equity - Introducing Hostmore and Unbound brands
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Electra Private Equity - Introducing Hostmore and Unbound brands
Unbound Group plc GBP (ETIVF:OTC) | 0 0 0.0%
- Published:
27 Sep 2021 -
Author:
Victoria Chernykh -
Pages:
8
On 16 September, Electra Private Equity (ELTA) issued a trading update for its largest remaining hospitality brands, Fridays and 63rd+1st, and named the board members for Hostmore, the parent company of those brands. ELTA’s board confirmed its intention to demerge Fridays – the largest of the two operating businesses (74% of ELTA’s NAV) – onto the Main Market of the London Stock Exchange (initially announced in May), early in Q421. The board aims to transition the remaining company, Hotter Shoes ....