Nursery Today magazine

Mothercare issues statement

Statement re share price movement and media speculation announced

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.

They 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 they intend to announce with their final results, which are expected to be published on 17 May 2018. 

A further announcement will be made in due course.

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