REG-Superdry plc Superdry plc: Response to media speculation

SuperdryAnnouncement

11/03/2024 17:45

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   Superdry plc (SDRY)
   Superdry plc: Response to media speculation

   11-March-2024 / 17:30 GMT/BST

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   11 March 2024

                                  Superdry plc

                         (“Superdry” or the “Company”)

    

                         Response to media speculation

    

    

   Superdry  plc  notes  media  speculation  concerning  additional   lending
   facilities with Hilco.

   Superdry confirms that it is in discussions with Hilco over an increase to
   its lending facilities by approximately £10 million to provide the Company
   with necessary  additional  liquidity  headroom  to  help  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.

    

    

   For further
   information:             

   Investor relations:
   Matthew Lee              1 investor.relations@superdry.com     44 (0) 1242
                                                                       586747
                                                               

   Media enquiries                                             

   Tim Danaher                2 superdry@brunswickgroup.com        44 (0) 207
                                                                      4045959

    

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   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.

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   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

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References

   Visible links
   1. mailto:investor.relations@superdry.com
   2. mailto:superdry@brunswickgroup.com


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