10 June 2020

('QUIZ' or the 'Company', together with its subsidiaries the 'Group')

Completion of Restructuring of Standalone Retail Store Portfolio

QUIZ, the omni-channel fast-fashion brand, confirms that pursuant to its announcement made at 7.00am this morning (the 'First Announcement'), Administrators were appointed to Kast Retail Limited ('Kast') earlier today. The Group has therefore completed the proposals to restructure its standalone retail store portfolio outlined in the First Announcement, including the Acquisition of the business and certain assets of Kast (acting through its Administrators).

Further updates regarding the re-opening of QUIZ stores will be provided as appropriate.

Capitalised terms used in this announcement are as defined in the First Announcement.

Notes: This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries:

QUIZ plc

Via Hudson Sandler

Tarak Ramzan, Chief Executive Officer

Gerry Sweeney, Chief Financial Officer

Sheraz Ramzan, Chief Commercial Officer

Panmure Gordon (Nominated Adviser and Sole Broker)

Alina Vaskina / Joanna Langley (Corporate Finance)

Erik Anderson (Corporate Broking)

+44 (0) 207 886 2500

Hudson Sandler LLP (Public Relations)

+44 (0) 207 796 4133

Alex Brennan

Lucy Wollam

quiz@hudsonsandler.com

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QUIZ plc published this content on 10 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2020 14:12:02 UTC