Michael Scott Discloses Over 2% Interest in Superdry plc Amid Recent Acquisitions

In a recent regulatory filing dated March 13, 2024, Michael Scott declared a significant interest in the British fashion brand Superdry plc. The disclosure, made under the Takeover Code Rule 8.3, reveals that Scott now holds an interest representing 2.01% of the company's shares. This position results from the acquisition of 2,000,000 ordinary shares with a nominal value of GBP 0.05 each.

The investment was made around March 12, 2024, just a day before the disclosure. Additionally, the filing includes recent purchasing activity involving 100,000 Superdry plc shares, with purchase prices ranging from 28.793p to 29.578p. These acquisitions contribute to Scott's significant shareholding announcement. According to the disclosure, there are no other dealings in cash-settled derivatives or stock-settled transactions related to this position. Furthermore, the disclosure details no indemnity, dealing arrangements, or understandings related to the shares of Superdry plc.