Additional Loan Drawdown
Mothercare plc has completed the issuance of an additional £1.54m in debt facilities, bringing the total drawn down under its financing arrangements to £10m. This new issuance follows an initial drawdown of £8.46m on February 20th, 2026, and the cash proceeds will be utilized for general corporate purposes. The terms of the financing arrangements remain unchanged.
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Mothercare plc ("Mothercare" or "the Company"), the highly trusted British heritage international brand and franchise operator, that connects with the parents of newborn babies and children across multiple product categories, today announces further to the announcement of 20th February 2026 that it has today completed the issuance of an additional £1.54m of debt facilities under those financing arrangements.
As set out in that statement, the Company entered into new debt facilities on that date and those facilities were drawn down by £8.46m at signing with the potential to upsize to £10m subject to investor demand. As per their rights in these financing arrangements, the existing investors in the special purpose vehicle have today subscribed for this unissued total of £1.54m, the cash proceeds of which will be used for general corporate purposes. Save for this additional issuance, there have been no variation or other changes as to the terms or details of those financing arrangements.
Investor and analyst enquiries to:
Mothercare plc Email: investorrelations@mothercare.com
Clive Whiley, Chairman
Andrew Cook, Chief Financial Officer
Deutsche Numis Tel: 020 7260 1000
(NOMAD & Joint Corporate Broker)
Luke Bordewich
Cavendish Capital Markets Limited Tel: 020 7220 0500
(Joint Corporate Broker)
Matt Goode
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.