Superdry Share News (SDRY)

Superdry plans to go private as it kicks off rescue plan

Shares drop to record low of 5.19 pence

*

Superdry to quit stock market in far-reaching restructuring

(Sharecast News) - Superdry is to delist from the London Stock Exchange as part of a far-reaching restructuring plan, the struggling retailer confirmed on Tuesday.

TOP NEWS: Superdry to leave London Stock Exchange amid restructuring

(Alliance News) - Superdry PLC on Tuesday said that it intends to delist from the London Stock Exchange, and will conduct an equity raise to provide liquidity headroom, amid ongoing cash problems.

LONDON BRIEFING: DS Smith backs International Paper takeover

(Alliance News) - London's FTSE 100 has been called to open lower on Tuesday, following declines for Asian equities and a sizeable drop for US tech shares overnight.

IN BRIEF: Superdry confirms "restructuring plan" is in the works

Superdry PLC - Cheltenham, England-based clothing retailer - Issues response to "media speculation regarding the possible implementation of a restructuring plan". Confirms that it is currently "in the advanced stages of preparing a restructuring plan", which it expects to launch "in the coming days". Notes however that there is no certainty that any such plan will be implemented. Company previously stated on January 29 that it was "working with advisors to explore the feasibility of various material cost saving options to help position the business for long-term success". It had explored the possibility of Chief Executive Officer Julian Dunkerton launching a takeover offer, but said on April 2 that this was "unlikely to deliver an outcome" that could "be executed in the context of the company's ongoing work on its turnaround plan and material cost saving options".

London stocks fall as Middle East tensions weigh

Superdry falls on restructuring plan

*

London stocks dip in global risk off mood; commodity-linked stocks jump

FTSE 100 down 0.2%, FTSE 250 adds 0.9%

*

European stocks dragged down by healthcare; German inflation data in focus

German inflation eases to almost 3-year low

*

Superdry tanks as CEO decides against rescue bid

(Sharecast News) - Shares in Superdry tanked by more than half on Tuesday after the struggling fashion retailer revealed that chief executive Julian Dunkerton had decided against making an offer for company.

Superdry CEO Dunkerton decides against offer for struggling firm

(Alliance News) - Superdry PLC on Thursday said a takeover offer from Chief Executive Officer Julian Dunkerton is unlikely, but he remains committed to the company.

PRESS: Struggling Superdry in talks for GBP10 million loan - Sky

(Alliance News) - Sky News on Monday reported that Superdry is in talks with Hilco for a new GBP10 million borrowing facility.

Superdry negotiating £10m loan with Hilco - report

(Sharecast News) - Struggling fashion retailer Superdry, which is in talks to be taken private by its founder, is reportedly negotiating an additional multimillion-pound loan with one of its existing lenders.

LONDON MARKET MIDDAY: Stocks in green; eurozone CPI cools to 2.6%

(Alliance News) - Stock prices in London were higher at midday on Friday, after data showed that inflation in the eurozone fell by less than expected.

Superdry shares fall as extends deadline for offer by CEO Dunkerton

(Alliance News) - Superdry PLC said it extended a deadline for Chief Executive Officer Julian Dunkerton to announce a firm intention to make a takeover offer, amid ongoing talks.

SMALL-CAP WINNERS & LOSERS: Superdry falls on PUSU deadline extension

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