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Superdry plc: SPC-Statement re Press Comment

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

shaun.wills@superdry.com

+44 (0) 1242 586747

Chris MacDonald

investor.relations@superdry.com

+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 

superdry@brunswickgroup.com

+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 AnnouncementEQS News Service

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