AI assistant
SUPERDRY PLC Capital/Financing Update 2023
5316_rns_2023-05-02_93ecbd8a-dd0f-4ed0-a484-7e9cb42a30ba.html
Capital/Financing Update
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
Superdry plc (SDRY)
Superdry plc: SPC-Statement re Press Comment
02-May-2023 / 07:00 GMT/BST
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO. 596/2014, WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.
2 May 2023
Superdry PLC
(“Superdry” or the “Company”)
Response to press speculation
The Board of Superdry plc (“the Company”) has noted the press speculation regarding a potential fundraising by the Company.
Further to the Company’s announcement on 14 April 2023, the Company confirms that it is in positive discussions with certain institutional and other investors with regards to a proposed equity fundraising of up to c.20% of the Company’s issued share capital. Julian Dunkerton, the Company’s founder and CEO, intends to significantly participate in the equity raise and provide a material underwriting commitment, reflecting his confidence in the long-term prospects of the business.
A further announcement regarding the fundraising will be made in due course as appropriate.
For further information
| Superdry | |||
| Shaun Wills | [email protected] | +44 (0) 1242 586747 | |
| Chris MacDonald | [email protected] | +44 (0) 1242 586747 | |
| Joint Corporate Brokers | |||
| Peel Hunt LLP | +44 (0) 2074 188900 | ||
| George Sellar | |||
| Mike Burke | |||
| Liberum Capital Limited | +44 (0) 2031 002000 | ||
| John Fishley | |||
| Edward Thomas | |||
| Media Enquiries | |||
| Tim Danaher | [email protected] | +44 (0) 207 4045959 | |
On publication of this announcement via a Regulatory Information Service, the inside information contained herein is now considered to be in the public domain. The person responsible for arranging this announcement on behalf of Superdry Plc is Shaun Wills, Chief Financial Officer.
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
| ISIN: | GB00B60BD277 |
| Category Code: | SPC |
| TIDM: | SDRY |
| LEI Code: | 213800GAQMT2WL7BW361 |
| Sequence No.: | 240524 |
| EQS News ID: | 1621371 |
| End of Announcement | EQS News Service |