**Summary**
Safilo Group S.p.A. ("Safilo") has confirmed its interest in acquiring Inspecs Group PLC ("Inspecs"), following Inspecs announcement of an extended PUSU (Possible Offer) deadline. Safilo initially approached Inspecs regarding the potential acquisition of the Eschenbach Group and BoDe businesses, and subsequently made two non-binding cash offers for the entire issued and to-be-issued share capital of Inspecs, both of which were rejected.
In compliance with the City Code on Takeovers and Mergers (Takeover Code), Safilo is continuing to assess its options, including the possibility of making a revised cash offer for Inspecs. However, there is no certainty that an offer will be made or what its terms might be. Safilo has until **5:00 PM London time on December 18, 2025**, to either announce a firm intention to make an offer under Rule 2.7 of the Takeover Code or confirm it does not intend to proceed, triggering Rule 2.8.
Safilo, a global eyewear leader with a 90-year history, emphasizes its commitment to innovation and responsibility in the industry. The company operates an extensive global network, combining traditional wholesale distribution with direct-to-consumer platforms, and manages a portfolio of both home and licensed brands.
The announcement contains inside information and is subject to regulatory requirements, including disclosure rules under the Takeover Code. Shore Capital is acting as Safilos financial adviser, and the full announcement is available on Safilos website, subject to jurisdictional restrictions.