The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

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

Fri, 01st Mar 2024 09:27

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

----------

SMALL-CAP - WINNERS

----------

Taylor Maritime Investments Ltd, up 5.8% at 69.40 pence, 12-month range 63.00p-95.80p. Shares in the specialist dry bulk shipping investor rise. Venture capitalist investor Christian Oldendorff ups stake to 15.3% from 10.6% previously.

----------

SMALL-CAP - LOSERS

----------

Superdry PLC, down 8.9% at 36.74p, 12-month range 14.26p-135.80p. The clothing retailer falls, after it says that it is extending its PUSU deadline with Chief Executive Julian Dunkerton. It has been extended to March 29. Earlier in February, Dunkerton confirmed that he is in discussions with potential financing partners. This could include a possible cash offer for the entire issued and to be issued share capital of the company, not already owned by him. "Discussions with Julian Dunkerton and potential sponsors regarding a possible offer for the company remain ongoing alongside the company's continued work on its turnaround plan, including its exploration of various material cost saving options, which is expected to be an important element of any such offer," Superdry says.

----------

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
16 Apr 2024 12:14

Superdry plans to go private as it kicks off rescue plan

Shares drop to record low of 5.19 pence *

16 Apr 2024 09:37

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 confirme...

16 Apr 2024 09:33

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 l...

16 Apr 2024 07:55

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 sh...

15 Apr 2024 20:39

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 restruct...

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.