Dixons Carphone PLC Dixons Carphone plc to become Currys plc (5252Y)

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RNS Number : 5252Y

Dixons Carphone PLC

13 May 2021

13 May 2021

Dixons Carphone plc to become Currys plc

Dixons Carphone plc ("the Company") today announces its intention to change its name to "Currys plc".

This follows the announcement that in the United Kingdom & Ireland, Currys PC World, Carphone Warehouse and Team KnowHow will all become a single brand "Currys" by October 2021.

Consumers have a deep affection for Currys, a trusted brand providing vital technology to customers to enrich their lives since 1884. Under one brand, Currys will continue to bring the best of stores and online together, making it easier for customers to choose, afford and enjoy amazing technology, however they want to shop. The press release can be found here: https://www.dixonscarphone.com/news-and-media/press-releases/year/2021/four-brands-become-one-currys.

This important step reflects the progress in the Group's omnichannel transformation. As the market leader in the UK & Ireland, Nordics and Greece, the Group is uniquely positioned to provide products and services to customers at scale in ways others cannot match.

A subsequent announcement will be made when the Company's name change becomes effective with a revised stock ticker. This is expected to take place immediately following the Company's AGM in September 2021. Until such an announcement is made, trading will continue under the existing ticker. No action is required on the part of any equity holders.

Next scheduled announcement

Dixons Carphone is scheduled to publish its Full Year results on Wednesday 30 June 2021.

For further information

 
 Assad Malic                Corporate Affairs          [phone] 
 Dan Homan                  Investor Relations         [phone] 
 Amy Shields                External Communications    [phone] 
 Tim Danaher, Sam Chiene    Brunswick Group            [phone] 
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Information on Dixons Carphone plc is available at www.dixonscarphone.com

Follow us on Twitter: @dixonscarphone

About Dixons Carphone

Dixons Carphone plc is a leading omnichannel retailer of technology products and services, operating through 864 stores and 16 websites in eight countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.

We are the market leader in the UK & Ireland, throughout the Nordics and in Greece, employing over 22,000 capable and committed colleagues in the UK & Ireland and approximately 32,500 globally across the Group. Our full range of services and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them, throughout their lives. The Group's core operations are supported by an extensive distribution network, enabling delivery to stores and homes, a sourcing office in Hong Kong and a state-of-the-art repair facility in Newark, UK.

Our brands include Currys PC World in the UK & Ireland as well as Carphone Warehouse and iD Mobile in the UK, where our services are provided through Team Knowhow; Elkjøp, Elgiganten and Gigantti in the Nordics; and Kotsovolos in Greece.

Certain statements made in this announcement are forward-looking. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future events or results referred to in these forward-looking statements. Unless otherwise required by applicable laws, regulations or accounting standards, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise. Information contained on the Dixons Carphone plc website or the Twitter feed does not form part of this announcement and should not be relied on as such.

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May 13, 2021 05:00 ET (09:00 GMT)