Safilo Group Confirms Rejection of Non-Binding Offers to Acquire Two Businesses From Inspecs Group

PADUA, Italy—Safilo Group S.p.A., with reference to the statement “Extension of PUSU Deadline” published yesterday by Inspecs Group PLC, confirmed that it made an initial approach to Inspecs in relation to a potential acquisition of the Eschenbach Group and BoDe businesses of Inspecs. Safilo subsequently made two non-binding possible cash offers to acquire the entire issued and to be issued share capital of Inspecs, and the group announced yesterday that these approaches were rejected by Inspecs.