Brief: Superdry Says CEO Exploring Options Including Offer For Co

Superdry

02/02/2024 11:05

Feb 2 (Reuters) - Superdry PLC  SDRY.L :
    * CHAIRMAN PREVIOUSLY RECEIVED REQUEST FROM JULIAN
DUNKERTON, CEO,
FOR PERMISSION TO BEGIN EXPLORING POSSIBILITY OF MAKING AN OFFER
    * THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR
AS TO
TERMS ON WHICH ANY SUCH OFFER MIGHT BE MADE.
    * COMPANY FORMED AN INDEPENDENT COMMITTEE TO CONSIDER
REQUEST
    * TRANSACTION COMMITTEE SUBSEQUENTLY CONSENTED TO REQUEST,
SUBJECT
TO CERTAIN AGREED GUIDELINES AND PROCEDURES
    * CONTINUES TO WORK WITH ADVISERS TO EXPLORE FEASIBILITY OF
VARIOUS MATERIAL COST SAVING OPTIONS.
    * DISCUSSIONS ARE AT A PRELIMINARY STAGE AND NO DECISIONS
HAVE
BEEN MADE.
    * COMMITTEE PROVIDED LIMITED ADDITIONAL INFORMATION TO
DUNKERTON &
POTENTIAL SPONSORS TO FACILITATE FURTHER EXPLORATION OF A
POSSIBLE OFFER

Source text for Eikon:  ID:nEQ4RnJk4a 
Further company coverage:  SDRY.L 

 ((Reuters.Briefs@thomsonreuters.com;;))