Inactive Instrument

SERE GROU

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GB00BNXGTY25

Seraphine notes Mayfair got acceptances equalling 74% stake

February 28, 2023 at 01:20 pm EST

Seraphine Group PLC - UK maternity wear brand - Updates on acceptances for agreed bid by Mayfair Equity Partners made on January 20. Says that at 1300 GMT on Monday Mayfair has received acceptances representing 74% of Seraphine shares including those previously held by Mayfair - Urges Seraphine shareholders who have not yet accepted the offer to do so as soon as possible.

Current stock price: 29.40 pence

12-month change: down 44%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about SERE GROU

Tungsten offer oversubscribed, Seraphine bid closed	23-04-06	AN
Mayfair Equity Partners LLP completed the acquisition of remaining 52.39% stake in Seraphine Group PLC from Canaccord Genuity Corp, Asset Management Arm, Lombard Odier Asset Management Limited, Harwood Capital LLP and others.	23-04-05	CI
Fragrant Prosperity to buy Hi 55, Oscillate talks end	23-03-23	AN
Seraphine to be cancelled from London as offer unconditional	23-03-08	AN
Mayfair Declares Seraphine Takeover Offer Unconditional	23-03-08	MT
Seraphine notes Mayfair got acceptances equalling 74% stake	23-02-28	AN
Seraphine shares skyrocket on takeover agreement with Mayfair Equity	23-01-20	AN
CORRECT: SMALL-CAP WINNERS & LOSERS: Seraphine soars on takeover offer	23-01-20	AN
Seraphine soars on takeover offer	23-01-20	AN
Seraphine Agrees GBP15 Million Cash Offer From Mayfair Equity Subsidiary	23-01-20	MT
Seraphine Agrees to Takeover Bid from Mayfair Equity at Discount to IPO Price	23-01-19	MT
Mayfair Equity Partners LLP agreed to acquire remaining 57.39% stake in Seraphine Group PLC from Canaccord Genuity Corp, Asset Management Arm, Lombard Odier Asset Management Limited, Harwood Capital LLP and others for £8.7 million.	23-01-19	CI
IN BRIEF: Seraphine sees lower revenue due to retail environment	22-12-08	AN
Seraphine Group PLC Reports Earnings Results for the Half Year Ended October 02, 2022	22-12-08	CI
UK earnings, trading statements calendar - next 7 days	22-12-01	AN
TRADING UPDATES: Vertu Motors sizes up acquisition; Ondo's Hiscox deal	22-11-10	AN
TRADING UPDATES: Safestay hires new COO; Seraphine revenue down	22-11-08	AN
Seraphine Group PLC Provides Earnings Guidance for the Twenty Six Weeks Ended October 2, 2022	22-11-08	CI
Seraphine Group PLC Reports Earnings Results for the Full Year Ended April 03, 2022	22-08-01	CI
Certain Ordinary Shares of Seraphine Group PLC are subject to a Lock-Up Agreement Ending on 16-JUL-2022.	22-07-15	CI
Seraphine Group PLC Announces Board Changes	22-02-23	CI
Seraphine Group PLC Appoints Lee Williams as Chief Financial Officer, Effective February 28, 2022	22-02-23	CI
Certain Ordinary Shares of Seraphine Group PLC are subject to a Lock-Up Agreement Ending on 16-JAN-2022.	22-01-15	CI
Seraphine Hires French Connection's CFO to Same Position	21-12-22	MT
Seraphine Group plc Announces the Appointment of Lee Williams as Chief Financial Officer of the Group	21-12-22	CI

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Company Profile

Seraphine Group PLC is a United Kingdom-based company offers maternity and nursing-wear products. The Company is engaged in the designing and developing maternity and nursing wear for women from trimester to post-partum and nursing products. The Company offers its products online through its own digital platform and third party operated digital platform. The Company is also operating approximately eight retail stores in city locations; three in London, two in New York, two in Paris and one in Leeds. The Company exports products to customers in over 120 countries globally with markets in Europe, North America and the United Kingdom.

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