REG - FTSE Russell - Superdry

SuperdryAnnouncement

14/06/2024 19:00

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RNS Number : 5703S  FTSE Russell  14 June 2024

 

Superdry (UK): Restructuring Plan and Delisting

Informative Notice

14 June 2024

 

FTSE Russell notes the announcement by Superdry (UK, B60BD27) in relation to a
Restructuring Plan and delisting of their shares from the London Stock
Exchange, which shareholders approved at the General Meeting on Friday 14 June
2024. Subject to court sanctioning the Restructuring Plan on Monday 17 June
and Tuesday 18 June, then the cancellation of listing is expected to occur on
Monday 15 July 2024.

On the FTSE UK Index Series review market capitalisation date of Tuesday 04
June 2024, Superdry was ranked as an addition to the FTSE Fledgling Index.

Section 4.10.
(https://www.lseg.com/content/dam/ftse-russell/en_us/documents/policy-documents/corporate-actions-and-events-guide.pdf)
of the FTSE Russell Corporate Action and Events Guide outlines that an event
may be considered final where the only outstanding approvals are considered
customary. Furthermore, an event scheduled to occur subsequent to the review
may be expedited and applied in conjunction with the review date, in order to
minimise turnover. Consequently, Superdry will not be added to the FTSE
Fledgling Index and will instead be removed from the FTSE Russell indices from
the open Monday 24 June 2024.

 

 

 

 

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 info@ftserussell.com (mailto:info@ftserussell.com) or call:

Australia  +61 (0) 2 7228 5659
 Hong Kong  +852 2164 3333
 Japan      +81 3 6441 1430
 London     +44 (0) 20 7866 1810
 New York   +1877 503 6437

 

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