Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSuperGroup Share News (SGP)

  • There is currently no data for SGP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.
More News
16 Dec 2015 12:10

LONDON MARKET MIDDAY: Stocks Post Gains As UK Unemployment Falls Again

Read more
16 Dec 2015 10:30

WINNERS & LOSERS SUMMARY: Dixons Carphone And SuperGroup Rise

Read more
16 Dec 2015 09:50

BROKER RATINGS SUMMARY: Exane BNP Raises Pearson To Outperform

Read more
16 Dec 2015 07:49

Superdry owner reports jump in first-half profit 

LONDON, Dec 16 (Reuters) - SuperGroup, the owner of British fashion brand Superdry, reported a 54 percent rise in first-half profit on Wednesday in what it termed strong trading at its stores and online, and said it was well-placed for Christmas. The company, which tied up with actor Idris

Read more
16 Dec 2015 07:45

New stores help propel SuperGroup's first half

(ShareCast News) - Strong first half trading from SuperGroup saw positive sales growth in its half-year report on Wednesday. The FTSE 250-listed owner of popular faux-Japanese fashion brand Superdry saw revenue rise 22.3% to £254.7m in the 26 weeks to October 24. Underlying profit before tax was up

Read more
16 Dec 2015 07:44

SuperGroup Profit Dips On One-Off Costs But Underlying Trading Strong

Read more
15 Dec 2015 13:59

Broker tips: Glencore, SuperGroup, Meggitt

(ShareCast News) - Glencore got a boost after JPMorgan Cazenove upgraded it to 'overweight' from 'neutral' with an unchanged price target of 160p, as it pitched the stock against rival Anglo American. It pointed out that Glencore and Anglo American provided strategy updates last week. "In our view,

Read more
15 Dec 2015 10:33

WINNERS & LOSERS SUMMARY: AVEVA Slides On Schneider Deal Termination

Read more
15 Dec 2015 09:46

BROKER RATINGS SUMMARY: Berenberg Upgrades Meggitt To Buy From Hold

Read more
15 Dec 2015 09:18

SuperGroup tumbles as Liberum recommends taking profits

(ShareCast News) - SuperGroup traded sharply lower after Liberum downgraded the stock to 'hold' from 'buy', noting that the shares are up 85% since it upgraded them last December. "With the stock now trading on 24x 2016 earnings, a 50% premium to its long-term average, we downgrade to hold and advis

Read more
9 Dec 2015 16:05

Earnings, Trading Statements Calendar - Week Ahead

Read more
30 Nov 2015 15:40

SVM UK Emerging Fund Outperforms Benchmark In Half-Year

Read more
26 Nov 2015 09:45

BROKER RATINGS SUMMARY: OneSavings Upped To Buy, Aldermore Cut To Hold

Read more
9 Nov 2015 09:47

BROKER RATINGS SUMMARY: Exane BNP Cuts Severn Trent, Raises Pennon

Read more
5 Nov 2015 17:16

LONDON MARKET CLOSE: UK Interest Rate Hike Recedes Deeper Into 2016

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.