SUPERDRY PLC
Superdry plc (SDRY)
11March2024 Superdryplc (“Superdry”orthe“Company”)
Responsetomediaspeculation
SuperdryplcnotesmediaspeculationconcerningadditionallendingfacilitieswithHilco. Superdry confirms that it is in discussions with Hilco over an increase to its lending facilities by approximately£10milliontoprovidetheCompanywithnecessaryadditionalliquidityheadroomtohelp facilitate the implementation of its ongoing turnaround plan and cost reduction programme, along with an additional £10 million to assist with seasonal working capital peaks to the extent required, and an extension to the maturity date of its facilities with Hilco by six months to 7 February 2025. There is no certainty that such changes will be agreed.
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), 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 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 308965 |
| EQS News ID: | 1856051 |
| End of Announcement | EQS News Service |
