Financial outlook update
Mothercare plc has announced an update on its financial outlook, noting that liquidators of Mothercare UK Limited will imminently pay a further £0.8m cash dividend to a wholly owned subsidiary of the company, which is the secured lender. While this is a positive development, it does not materially alter the company's overall outlook, and the outcome of a review and the longer-term solvency of Mothercare remain highly uncertain.
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Mothercare plc ("Mothercare", "the Company"), the highly trusted British heritage brand, that connects with the parents of newborn babies and children across multiple product categories throughout their early life as parents, today announces an update on its financial outlook.
Mothercare was notified by the liquidators of Mothercare UK Limited (which entered administration in 2019), that imminently a further £0.8m cash dividend will be paid to a wholly owned subsidiary of the Company. This wholly owned subsidiary is the secured lender to Mothercare UK Limited (in liquidation).
Whilst this is a helpful development it does not materially change the outlook for the business nor the matters disclosed in the announcement of 18 September 2026. At this stage the outcome of the review and the longer-term solvency of the Company remains highly uncertain.
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.