Boohoo has announced Interim Results alongside a proposed fundraise of up to £39.3m. Proceeds of the raise will be used to pay down Group debt, providing greater flexibility as it continues to explore options for maximising shareholder value. A General Meeting to enable shareholders to vote on the proposed appointment of Mike Ashley and Mike Lennon as directors of the company has been scheduled for 20th December, with the BOO board strongly advising shareholders to vote against all resolutions.

14 Nov 2024
boohoo Group (BOO LN) - Interim results & proposed placing

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
boohoo Group (BOO LN) - Interim results & proposed placing
boohoo group Plc (DEBS:LON) | 15.2 0 1.2% | Mkt Cap: 213.1m
- Published:
14 Nov 2024 -
Author:
Rachel Birkett, CFA -
Pages:
10 -
Boohoo has announced Interim Results alongside a proposed fundraise of up to £39.3m. Proceeds of the raise will be used to pay down Group debt, providing greater flexibility as it continues to explore options for maximising shareholder value. A General Meeting to enable shareholders to vote on the proposed appointment of Mike Ashley and Mike Lennon as directors of the company has been scheduled for 20th December, with the BOO board strongly advising shareholders to vote against all resolutions.