DJ Superdry plc: Response to media speculation
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 GBP10
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 GBP10 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 investor.relations@superdry.com 44 (0) 1242 586747
Media enquiries
Tim Danaher superdry@brunswickgroup.com 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 =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
March 11, 2024 13:30 ET (17:30 GMT)
