### š Hela Apparel Proposes $ 12 Mn Stake Transfer in Hela Brands
Hela Apparel Holdings PLC has announced plans to divest a majority stake in its overseas subsidiary, Hela Brands Ltd., to a strategic investor. ā¢ Transaction Details: The proposed deal involves the transfer of up to 65,000 shares, representing a 65% stake in the entity. ā¢ Valuation: The total value of the transaction is estimated at US$ 12 million. ā¢ Strategic Move: The divestment aims to bring in a strategic partner for its brand-focused subsidiary, potentially aiding in capital infusion or market expansion. ā¢ Shareholder Approval: An Extraordinary General Meeting (EGM) is scheduled for 3 February 2026 at 3:30 p.m. via an online platform to finalize the resolution. This move marks a significant restructuring for the apparel & textiles giant as it optimizes its international brand portfolio.