Julian Dunkerton Underwrites Equity Raise and Launches Retail Offer
- Superdry plans to raise £12m through share sale
- Julian Dunkerton underwrites the equity raise in its entirety
- Retail offer of ordinary shares for 5p each via bookbuild process
- Peel Hunt LLP and Liberum Capital Limited act as joint bookrunners
- Superdry COO Silvana Bonello set to step down
Superdry is issuing 15,700,000 new ordinary shares at 76.3p each to raise £12m. Co-founder Julian Dunkerton underwrites the equity raise entirely and agrees to waive Takeover Code requirements. A retail offer of ordinary shares for 5p each is also launched through a bookbuild process. Peel Hunt LLP and Liberum Capital Limited act as joint bookrunners. COO Silvana Bonello, who spent time at Nike and Vans, steps down from her role.
Factuality Level: 8
Factuality Justification: The article provides accurate information about Superdry’s equity raise, underwriting by Julian Dunkerton, retail offer, and COO Silvana Bonello’s departure. It also mentions the involvement of Peel Hunt LLP and Liberum Capital Limited as joint bookrunners. The information is relevant to the main topic and does not contain any sensationalism, redundancy, or personal perspective presented as a fact.
Noise Level: 3
Noise Justification: The article provides relevant information about Superdry’s equity raise and COO Silvana Bonello’s departure but lacks in-depth analysis or actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: Superdry’s share price and stock market
Financial Rating Justification: The article discusses Superdry’s plans to issue new shares, raise funds, and a potential change in the company’s leadership. These actions directly impact the company’s financial situation and can affect its stock price, which in turn influences the overall stock market.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the text
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