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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’. Current stock price: 83.60 pence, down 2.9% on Tuesday 12-month change: down 47% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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