Member Info for Toffers

Why? I think that has shaken everyone a bit. I'm still holding, just seen the profit wiped off though!

Tricky now, people will have lost confidence with that massive shake, so I can see it dropping further tomorrow, unless another form 8 from Dunkerton to try and steady nerves.

It's like the magic roundabout, another form 8 from Dunkerton and it will go up again! where do you stop? where do you get off? do you stay on the ride until it ends?

There's a 60k buy there during that pantomine, just one of many no doubt.

Wonder who bought on that massive shake? some late reported trades tonight I bet!

That was a massive shake, now climbing back up a bit.

Looks like the MMs game playing will continue until 1 March!

Oh dear, got your timing a bit wrong Evolve!

Can't sell on HL, the MMs have certainly managed to spook. Who is buying?

I think JD has that 30% or just very very short of it, and was waiting until 1 March to announce, but the way MMs are playing with this, he might need to announce much sooner.

"The kind way to look at the business is to say not that it is nearly dead, but that it still breathing. The obvious thing would be to take Superdry off the stock market while crucial surgery is done.

If Dunkerton can’t save the business, no one can."

source: standard.co.uk - 29.1.24

this is exactly the case in point, he wants to take it off the stock market, take it private, and do the surgery. He might not have qualified as a doctor, but he sure knows how to do that 'surgery'.

We need another Form 8 from Dunkerton :)

Just harping back to 2 May 2023 when this happened - Note, "Julian Dunkerton (Superdry’s Founder and Chief Executive Officer) has agreed to underwrite the Equity Raise in its entirety at the Placing Price." - That's a brave man who must have the courage of his convictions at heart!

"REX Retail Offer

Superdry is pleased to announce a retail offer via REX (the "REX Retail Offer") of ordinary shares

("Ordinary Shares") of 5 pence each in the capital of the Company (the "REX Retail Offer Shares").

In addition to the REX Retail Offer, the Company is also conducting a placing of new ordinary shares

(the "Placing Shares" and together with the REX Retail Offer Shares, the "New Ordinary Shares")

through a bookbuild process (the "Placing", and together with the REX Retail Offer, the “Equity

Raise”)). The price of the Placing Shares is 76.3 pence per share (the “Placing Price”). The price of the

REX Retail Offer Shares is equal to the Placing Price.

A separate announcement has been made regarding the Placing and its terms. For the avoidance of

doubt, the REX Retail Offer is not part of the Placing.

The REX Retail Offer and the Placing are conditional on the New Ordinary Shares being admitted to

the Official List of the FCA and to trading on the Main Market of the London Stock Exchange plc

("Admission"). Admission is expected to take place at 8.00 a.m. on 5 May 2023 (or such later date as

may be agreed between the Company Peel Hunt LLP and Liberum Capital Limited). Completion of the

REX Retail Offer is conditional, inter alia, upon the completion of the Placing.

Julian Dunkerton (Superdry’s Founder and Chief Executive Officer) has agreed to underwrite the Equity

Raise in its entirety at the Placing Price. The Company is, however, launching the Equity Raise to

facilitate broader participation in the Equity Raise from its shareholder base and other institutional

investors.

2

In the event that Julian Dunkerton’s shareholding in the Company would equal or exceed 30% of the

Company’s enlarged issued share capital immediately following the Equity Raise, Superdry intends to

seek a waiver of the obligations under Rule 9 of The City Code on Takeovers and Mergers (the

“Takeover Code”) that would ordinarily oblige Julian Dunkerton to make a general offer for the

Company (the “Rule 9 Waiver”). The Rule 9 Waiver will also require the approval of the Company’s

independent shareholders at a General Meeting and as a result, the Placing and REX Retail Offer would

be conditional on that approval being obtained. In these circumstances, Admission and completion of

the REX Retail Offer would only occur following approval of the Rule 9 Waiver at the General Meeting

(which would be expected to occur in June 2023). "

Something must be afoot, that just isn't normal, look at them all, for single digit shares, masses of them. That's code!

Noob

"In accordance with Rule 2.6(a) of the Code, by not later than 5.00 pm on 1 March 2024, Julian Dunkerton must either announce a firm intention to make an offer for Superdry in accordance with Rule 2.7 of the Code or announce that he does not intend to make an offer for Superdry, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel, in accordance with Rule 2.6(c) of the Code."

Justanothernoob can you look back to see what I posted about this previously and the relevant rns that makes it very clear what the situation is on the 'deadline'

What the hell has happened to the trade info on here? :)

Jade had a store in Edinburgh. WalterScotts are based in Edinburgh.

This is Jade's mission statement for her own clothing brand.

This is why I believe in JD. They are both totally driven.

I buy from Jade. The fabrics and the presentation are second to none.

My musings.

https://www.hollandcooper.com/pages/our-brand

I could be totally way off the mark, but I thought it might be this guy at the bottom - Michael Scott

https://www.walterscott.com/teams/research/

We're getting a few million buys through every day! somebody is loading up, has to be!