6 May 2015 09:52
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Don't have an account? Click here to register.SuperGroup founder sells 4m shares, reportedly to fund divorce
Fri, 12th Feb 2016 11:04
(ShareCast News) - The founder of SuperGroup - the company behind the popular Superdry fashion brand - has sold 4m shares due to "personal circumstances" amid reports he plans to use the proceeds to fund his divorce.The shares were sold at 1,200p each via an accelerated bookbuild placing to institutional investors managed by Investec Bank and Canaccord Genuity.SuperGroup announced the placing late on Thursday.Following the share sale, Julian Dunkerton, who stepped down as chief executive in 2014, remains the largest shareholder in the company, with 22.1m shares or a 27.2% stake.Dunkerton is said to have separated from his wife Charlotte around three years ago but only recently began divorce proceedings.The company's co-founder, James Holder, sold 2m shares in SuperGroup in July 2013 due to personal circumstances related to his divorce.At 1120 GMT, shares in the company were down 3.7% to 1,280p.
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6 May 2015 08:44
Supergroup confident of meeting annual expectations as quarterly sales jump
Fashion retailer Supergroup said it was confident to meet its full-year guidance, on the back of an increase in sales in the fourth quarter. In the 15 weeks to 25 April, revenue rose 18.4% year-on-year to £134.8m, while revenue for the full-year climbed 12.5% to £484.7m. FTSE 250-listed Supergroup
Read more6 May 2015 07:14
BUZZ-SuperGroup: strong Q4 sales lift shares to 2.5-mth high
** SuperGroup at 2.5-mth highs & biggest one-day rise in more than a mth ** Posts Q4 LfL sales up 11.6 pct, reiterates FY profit guidance ** Stock, up 5.7 pct, easily the top FTSE 250 riser & 2nd-most actively traded on the index, with a third of 90-day daily avg volume having gone th
Read more6 May 2015 07:08
British fashion retailer SuperGroup continues sales growth
LONDON, May 6 (Reuters) - SuperGroup, the British company behind the Superdry fashion brand, posted another strong sales rise in its fourth quarter and reiterated guidance on full-year profit. The company, whose trademark jackets, hooded tops, check shirts and jogging bottoms are popular wi
Read more6 May 2015 05:14
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