Last checked at 14 May 2018 09:32
MOTHERCARE PLC
Statement re share price movement and media speculation
In light of recent speculation and further to the announcement of 2 March 2018, Mothercare plc announces that it is now finalising a comprehensive restructuring and refinancing package to put the business on a stable and sustainable financial footing. We are in the final stages of detailing these restructuring plans alongside new committed debt facilities, an underwritten equity issue and access to other sources of capital which we intend to announce with our final results, which are expected to be published on 17 May 2018. A further announcement will be made in due course.
Investor and Analyst enquiries to:
Mothercare plc
David Wood, Chief Executive Officer 01923 206037
Glyn Hughes, Chief Financial Officer 01923 206037
Media enquiries to:
MHP Communications:
Simon Hockridge / Tim Rowntree 020 3128 8789