Superdry plc: Restructuring Plan – Results of meetings of the Plan Creditors
Source: EQS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. NOTHING IN THIS ANNOUNCEMENT SHALL CONSTITUTE OR FORM A PART OF ANY OFFER, INVITATION OR RECOMMENDATION TO PURCHASE, SELL OR SUBSCRIBE FOR ANY SECURITIES IN ANY JURISDICTION. NOTHING IN THIS ANNOUNCEMENT SHOULD BE INTERPRETED AS A TERM OR CONDITION OF THE EQUITY RAISE. NOTHING CONTAINED IN THIS ANNOUNCEMENT SHALL FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, OR ACT AS AN INDUCEMENT TO ENTER INTO, ANY INVESTMENT ACTIVITY. ANY DECISION TO PURCHASE, SUBSCRIBE FOR OR OTHERWISE ACQUIRE, OR TO SELL OR OTHERWISE DISPOSE OF, ANY SECURITIES MENTIONED IN THIS ANNOUNCEMENT MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE CIRCULAR. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT. Unless otherwise stated, defined terms used in this announcement have the meanings given to them in the Circular published by the Company on
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Restructuring Plan – Results of meetings of the Plan Creditors On The Restructuring Plan is, along with the Equity Raise and the Delisting, part of the Capital and Restructuring Measures being undertaken by the Group. Each element of this package is inter-conditional upon the others, such that the package as a whole requires each of the Restructuring Plan, the Equity Raise and the Delisting to be approved. Meetings of each of the thirteen classes of the Plan Creditors to vote on the Restructuring Plan were held on The Company is pleased to announce that there was a high level of turnout at the Plan Meetings and 99% by value of the Plan Creditors which attended the Plan Meetings (in person or by proxy) voted in favour of the measures proposed in the Restructuring Plan. The Company is grateful for the support shown by the Plan Creditors at the Plan Meetings. This will allow the If the Resolutions are passed, the The Restructuring Plan is, together with the Equity Raise and Delisting, part of a key package of measures that are needed to avoid the Company and the Commenting on the result of the Plan Creditors meeting,
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ISIN: | GB00B60BD277 |
Category Code: | MSCH |
TIDM: | SDRY |
LEI Code: | 213800GAQMT2WL7BW361 |
OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
Sequence No.: | 327294 |
EQS News ID: | 1922887 |
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