RE: On the fence18 Jun 2024 07:52
The RNS Restructuring I would like to see from COPL is one like SDRY that does not involve robbing creditors / and shareholders and keeping asset for one self...
the Restructuring Plan received the support of 99% of the Plan Creditors which attended and voted at the Plan Meetings held on 10 June 2024.
The sanction of the Restructuring Plan by the Court will enable the Group to implement the Capital and Restructuring Measures, which the Group is undertaking in order to secure its long-term future and return to profitability.
Commenting on the result of the Sanction Hearing, Peter Sjӧlander, Superdry Chairman, said:
“This is an important moment for Superdry. My thanks and those of the entire Board go to the shareholders and creditors of Superdry who have supported the proposals, which will enable the business to go forward with the right structure, balance sheet and cost base to deliver its turnaround and future growth.”
it can happen'' without greed, and long litigation cases'' and SDRY SP went from 0.5p to 8p yesterday
speak again soon when there is something to say''
Regards