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Share Price Information for Superdry (SDRY)

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Share Price: 2.90
Bid: 3.25
Ask: 3.67
Change: -0.125 (-4.13%)
Spread: 0.42 (12.923%)
Open: 2.995
High: 3.80
Low: 2.79
Prev. Close: 3.025
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SMALL-CAP WINNERS & LOSERS: De La Rue chair resigns after pressure

Mon, 17th Apr 2023 10:23

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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SMALL-CAP - WINNERS

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De La Rue PLC, up 7.9% at 43.15 pence, 12-month range 33p-118.8p. The stock bounces off recent lows. The security printed products maker said late Friday that Chair Kevin Loosemore has resigned to "draw a line under recent speculation surrounding the leadership of the company". He will leave on May 1. The firm has launched an "accelerated" search for his replacement, with the aim of appointing a new non-executive chair on May 2. Pepyn Dinandt, who has been nominated by shareholder Crystal Amber Fund Ltd and has indicated his willingness to be chair, will be a candidate in this process, De La Rue says. Loosemore has faced several calls to be removed from the board in recent months from Crystal Amber Fund, which has publicly criticised the firm for various alleged failures in governance and management.

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888 Holdings PLC, rise 2.4% at 76.50p, 12-month range 50.5p-220p. The gambling company's chair, Jon Mendelhson, buys 100,000 shares at 68.4p each, worth GBP68,4000 on Friday. Shares in the Gibraltar-based online betting and gaming company added 20% on Friday, after it said annual revenue was GBP1.24 billion in 2022, up 74% from GBP712.3 million in 2021, but it swung to a pretax loss of GBP115.7 million from a profit of GBP56.0 million, due to exceptional costs and adjusting items of GBP184.8 million. However, adjusted earnings before interest, tax, depreciation and amortisation amounted to GBP217.9 million, up from GBP119.7 million. Looking ahead, 888 said it expects 2023 revenue to be lower than 2022 by a low to mid-single-digit percentage, but adjusted Ebitda to be higher.

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SMALL-CAP - LOSERS

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Superdry PLC, down 1.4% at 87.7p, 12-month range 82.6p-184.4p. The clothing retailer extends Friday's losses, when it shed 17%. It withdrew its existing guidance of "broadly breakeven" adjusted pretax profit in the year ending April 30, compared to a profit of GBP21.9 million in financial 2022. This was, in part, due to retail sales in February and March, which were below its expectations

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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28 Nov 2022 08:20

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10 Nov 2022 15:48

UK shareholder meetings calendar - next 7 days

Friday 11 November 
88 Energy LtdGM proposed resolutions vote
Abcam PLCGM re approval to leave AIM on 14 December
Galliford Try Holdings PLCAGM
Ingenta PLCGM capital allocation
Redrow PLCAGM
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Craneware PLCAGM
Unicorn AIM VCT PLCAGM
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Finsbury Food Group PLCAGM
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Petra Diamonds LtdAGM
Smiths Group PLCAGM
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Close Brothers Group PLCAGM
Cordel Group PLCAGM
Eagle Eye Solutions Group PLCAGM
Finsbury Food Group PLCAGM
FW Thorpe PLCAGM
Henderson EuroTrust PLCAGM
JD Wetherspoon PLCAGM
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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8 Nov 2022 12:18

LONDON MARKET MIDDAY: Tepid trade in Europe as US midterm polls open

(Alliance News) - Blue-chip equities in Europe traded off morning lows heading into Tuesday afternoon, but the mood was still cautious, with traders mindful of the US midterm election.

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8 Nov 2022 10:56

SMALL-CAP WINNERS & LOSERS: Superdry rises on Primark read-across

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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UK shareholder meetings calendar - next 7 days

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National Milk Records PLCAGM
Ovoca Bio PLCAGM
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Provexis PLCAGM
Real Good Food PLCAGM
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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21 Oct 2022 10:23

SMALL-CAP WINNERS & LOSERS: Record rises; retailers struggle

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17 Oct 2022 12:39

CORRECT: LONDON BROKER RATINGS: Morgan Stanley cuts Lloyds

(Correcting to clarify that Morgan Stanley did not lift its Standard Chartered recommendation, only its price target for the stock.)

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17 Oct 2022 09:52

LONDON BROKER RATINGS: Morgan Stanley cuts Lloyds and lifts StanChart

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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14 Oct 2022 11:30

IN BRIEF: Superdry shares rise as CEO buys GBP2.0 million in shares

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