LONDON (Alliance News) - SuperGroup PLC Friday said it has issued the second and final tranche of shares to Komet und Helden GmbH to settle the buy-out of the German agency and franchise agreement in October 2013.
The FTSE 250-listed fashion retailer said it issued 39,635 shares at 5.0 pence per share to Komet und Helden, which follows on from the first tranche of 19,818 shares at the same price issued back in October 2014.
SuperGroup bought out the German fashion sales agency that retails apparels and accessories in October 2013, taking over seven franchise stores: in Munich, two in Berlin, Hamburg, Ingolstadt, Wertheim, and Salzburg in Austria.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
