3rd May 2023 07:31
Superdry PLC - Gloucestershire-headquartered clothing company - On Tuesday, notes press speculation regarding a potential fundraising by the company. Confirms that it is in positive discussions with "certain institutional and other investors" over a proposed equity fundraising of up to around 20% of its issued share capital. Says Founder & Chief Executive Officer Julian Dunkerton 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". Says a further announcement will be made in due course "as appropriate". Read More
