This is all you needs to know ""1 Mar 2024 07:15
"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. In accordance with Rule 2.6(c) of the Code, the Company has requested, and the Takeover Panel has consented to, an extension of the relevant deadline to 5.00 p.m. on 29 March 2024"
Why would someone need extension if they are not serious about making as offer ???
Even if they don't make an offer, Not a problem because company is progressing well with the turnaround plan.
This is a great news