Superdry plc

Response to media speculation

Superdry plc (SDRY) Superdry plc: Response to media speculation 11-March-2024 / 17:30 GMT/BST 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	[e-mail]	44 (0) 1242 586747
Media enquiries Tim Danaher	[e-mail]	44 (0) 207 4045959

 

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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