Statement re First Seagull letter
Inspecs Group PLC announced that its Board of Directors received a letter from First Seagull on October 24, 2025, expressing various opinions. This follows the announcement on October 23, 2025, regarding unsolicited proposals from H2 Equity Partners Ltd., a consortium of Risk Capital Partners and Ian Livingstone, and Safilo Group S.p.A. To assess these approaches, the Board formed a Transaction Committee comprised of independent non-executive directors, who are working with financial and legal advisors to evaluate all options available to the Company. The First Seagull letter is accessible on the company's website at www.inspecs.com/investor-relations.
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The Board of Directors of Inspecs announces that it has received a letter from First Seagull on 24 October 2025 (the "Letter") which expresses various opinions of First Seagull.
As announced on 23 October 2025, Inspecs has received different unsolicited proposals from H2 Equity Partners Ltd., a consortium comprising Risk Capital Partners and Ian Livingstone, and Safilo Group S.p.A. The Board confirms that on receipt of the first of these approaches it formed a Transaction Committee comprising only independent non-executive directors. The Transaction Committee is working with its financial and legal advisers to assess all of the Company's options.
The Letter is available on the Company's website at https://www.inspecs.com/investor-relations.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.