Latest Share Chat

IN BRIEF: Studio Retail reports lapse of rights for convertible shares

Tue, 23rd Mar 2021 17:38

Studio Retail Group PLC- digital value retailer - Says the conversion rights attaching to the 166.9 million convertible shares of 23.97 pence each in issue have lapsed on Tuesday in accordance with their terms of issue and accordingly, as a result of such lapse, no shares will be issued to its holders. All of the convertible shares have automatically converted into a class of deferred shares, the company notes.

Current stock price: 257.00 pence, down 3.0% on Tuesday

Year-to-date change: down 12%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Related Shares

More News

25 Feb 2022 10:58

Frasers buys operations of failed Studio Retail for GBP27 million

(Alliance News) - Frasers Group PLC said Friday it has acquired Studio Retail Ltd, the main operating business of Lancashire-based Studio Retail Group...

25 Feb 2022 07:05

Frasers buys Studio Retail out of administration

(Sharecast News) - Mike Ashley's Frasers Group said it had bought digital retailer, Studio Retail out of administration, saving the troubled firm and ...

14 Feb 2022 12:05

LONDON MARKET MIDDAY: Stocks tank as war threat intensifies

(Alliance News) - Global equities tumbled on Monday as mounting fears of a Russian attack on Ukraine spooked markets, which have already been bruised ...

14 Feb 2022 11:28

Studio to call in administrators after funding talks fail

(Sharecast News) - Studio Retail Group announced its intention to appoint administrators on Monday, following discussions on meeting its working capit...

14 Feb 2022 11:08

IN BRIEF: Studio Retail to appoint administrators; shares suspended

Studio Retail Group PLC - Lancashire, England-based home shopping company - Announces it will file a notice of intention to appoint administrators to ...