Unbound responds to press speculation over possible restructure

Unbound Group responded to recent press speculation on Friday, over the possible implementation of a restructuring plan.

The AIM-traded firm told the market that, consistent with the strategic review and formal sale process it had initiated in May, the board and the company's advisers were continuing to explore the options available to maximise value for shareholders and the group's other stakeholders.

“The board will continue to provide further updates as appropriate.”

At 1451 BST, shares in Unbound Group were down 7.27% at 2.55p.

Reporting by Josh White for Sharecast.com.