Mothercare PLC Share price movement and media speculation (9463N)
14 May 2018 - 6:32PM
UK Regulatory
TIDMMTC
RNS Number : 9463N
Mothercare PLC
14 May 2018
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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