Confirmation of non-connected Russian entity
Source: RNS
Softline Holding PLC
("Softline" or the "Company")
Confirmation of non-connected Russian entity
London, 8 March 2022 - Softline (LSE: SFTL), the Cyprus registered Global IT and digital transformation solutions provider headquartered in London and operating in 60 countries, confirms that based on a review of the criteria defined in Regulation 19A(2) of The Russia (Sanctions) (EU Exit) Regulations 2019, Softline Holding PLC does not consider itself to be an entity owned by or acting on behalf or at the direction of a person connected with Russia. Furthermore, Mr Igor Borovikov is a tax resident of Portugal.
In addition, Softline has not issued any securities since 0:01 on 1 March 2022.
Softline will continue to monitor and will make a further announcement if this changes.
Investor Relations Contact
Steven Salter
Global Investor Relations VP
IR@softline.com
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