£64m Accelerated Book Build Placing and Subscription – DFS Furniture

Peel Hunt acted as joint Global Co-ordinator, joint Bookrunner and joint Corporate Broker on an accelerated book build conditional placing of 42,309,457 new ordinary shares in DFS Furniture plc (which taken together with the Subscription shares totals 42,606,119 new ordinary shares issued, representing c. 19.9% of the issued share capital of DFS Furniture plc) at a price of 150 pence per Placing Share (representing a premium of 16.3% to the prior night closing share price) raising gross proceeds of approximately £64 million, as announced on 23rd April, 2020.