Hotter owner makes debut on AIM market

// Hotter owner makes debut on the AIM market
// Ian Watson and Daniel Lampard will now be appointed as CEO and CFO respectively

Hotter parent company Unbound Group has made its debut on the AIM market of the London Stock Exchange.

The company, which was previously known as Electra Private Equity Group, said that Ian Watson and Daniel Lampard will now be appointed as chief executive and chief financial officer respectively.

“We are delighted to begin trading on AIM and I would like to thank the members of our team who have played a part in reaching today’s milestone,” Watson said.


READ MORE: Hotter owner to rebrand as Unbound Group after AIM relisting


“I look forward to building on our work to date and to creating long-term value for our stakeholders as a listed company.

“Our focus now, as well as continuing the development of Hotter Shoes, is on developing our Unbound Group partnership strategy, selling selected products in addition to Hotter Shoes footwear on the Unbound Group website, which is progressing well.

“Confirmation of partners in the initially targeted specialist footwear and apparel segments will be made in due course, with first revenues expected in the second quarter of 2022.”

Meanwhile, Neil Johnson will continue as non-executive chairman after previously serving as executive chairman, and Gavin Manson will step down as chief financial and operating officer and will continue as a non-executive director.

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