MTC Mothercare PLC

Directorate change

Directorate change

Mothercare plc

Directorate Change

Mothercare PLC ("the Group" or "the Company") announces that Daniel Le Vesconte has stepped down from his role as Chief Executive Officer ("CEO") and as a Director of the Board with immediate effect. Clive Whiley, the Company's Chairman and Andrew Cook, the CFO, will revert to leading the Operating Board, as was the case for the previous three years, until the process to find a replacement CEO is completed.

Clive Whiley said:

"The Board believes that a change in CEO is in the best interests of the Company and its shareholders. The Board is fully committed to the Group's successful long-term strategy and, further to last month’s pre-close Trading Update, the Company continues to perform in line with expectations. In addition we are progressing a number of options to refinance the Group’s debt facilities.  Working together with Mothercare’s senior management team I am confident that the Group's successful, consistent strategy and culture will continue the Group’s profitable growth."

Ends



EN
09/06/2023

Underlying

MTCMothercare PLC

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Mothercare PLC

 PRESS RELEASE
Free
MTC MOTHERCARE PLC

Temporary Suspension

Temporary Suspension Mothercare PLC (“Mothercare” or the “Company”) has today requested a temporary suspension of the trading in its shares on AIM, pending the publication of its audited full year results for the period to 30 March 2024 (“Audited Results”).  Pursuant to Rule 19 of the AIM Rules for Companies (the "AIM Rules"), the Company is required to publish its Audited Results by 30 September 2024.  The Company is in the final stages of entering into definitive arrangements to refinance its financing facilities with its existing lender alongside the monetisation of certain IP assets, ...

October 1, 2024 1 EN
 PRESS RELEASE
Free
MTC MOTHERCARE PLC

Block listing Interim Review

Block listing Interim Review BLOCK LISTING SIX MONTHLY RETURN Date: 13 September 2024 Name of applicant:Mothercare plcName of scheme:The Mothercare plc SAYE plans (“SAYE”) Period of return:From:13 March 2024To:12 September 2024Balance of unallotted securities under scheme(s) from previous return:23,356,329Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):0Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):0Equals: Balance under scheme(s) not yet issued/allotted at en...

September 13, 2024 1 EN
MTC MOTHERCARE PLC
MKA Mkango Resource... ... (+4)

Hybridan Small Cap Feast - 10 May 24

10th May 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: European Metals Holdings (EMH.L) has delisted from AIM, and then relisted as the re-domiciliation to Australia represents a re-admission to AIM. Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: 7th May: Time To ACT plc, an engineering busi...

MTC MOTHERCARE PLC
MKA MKANGO RESOURCES LTD.
ARV ARTEMIS RESOURCES
TRR TRIDENT ROYALTIES
05/10/24 May 10, 2024 1 EN
 PRESS RELEASE
Free
MTC MOTHERCARE PLC

Trading Statement

Trading Statement Mothercare plc Pre-close trading update Mothercare plc ("Mothercare" or "the Company"), the leading specialist global brand for parents and young children, today issues a pre-close trading update for the 53 week period to 30 March 2024 (“FY24”). Comparatives are based on the 52 week period to 25 March 2023. This update is based upon draft figures pending finalisation of the year end audit. Highlights Unaudited net worldwide retail sales by franchise partners of £281 million for the year, representing a decline of 13%.Adjusted EBITDA for FY24 marginally above the £6.7 m...

May 10, 2024 1 EN
 PRESS RELEASE
Free
MTC MOTHERCARE PLC

Block listing Interim Review

Block listing Interim Review BLOCK LISTING SIX MONTHLY RETURN Date: 13 March 2024 Name of applicant:Mothercare plcName of scheme:The Mothercare plc SAYE plans (“SAYE”) Period of return:From:13 September 2023To:12 March 2024Balance of unallotted securities under scheme(s) from previous return:23,356,329Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):0Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):0Equals: Balance under scheme(s) not yet issued/allotted at end of...

March 13, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch