Debenhams Group raises £40m through ‘oversubscribed’ fundraise

The UK-based online retailer and fashion-led marketplace had previously set out plans to conduct this fundraising process in an announcement dated 18 February 2026. It completed the placing and subscription at an issue price of 18 pence per share, which represented a 5% discount compared to the 19 pence closing price on 17 February 2026. The fundraise, described as “significantly oversubscribed” at the set issue price, involved the placing of 200 million new ordinary shares and a subscription for 22.22 ...