The affairs, business and property of the Companies are being managed by the Joint Administrators. Department store chain Debenhams has fallen into administration for the second time in a year – though the company will continue to trade online and says it aims to "reopen and trade as many stores as possible" once restrictions put in place due to the coronavirus pandemic are lifted. Welcome to The Official Debenhams UK Site. However, this Transaction will allow "In the meantime, our customers, colleagues, pension holders, suppliers and landlords can be reassured that The Group's commercial relationships with suppliers, employees, pension holders and customers are all with the operating companies. Under its new ownership, the Group will have available to it significant additional funding in line with the The Group has undertaken a thorough review of its store estate in the context of the current and future retail environment and plans to proceed with a restructuring of the estate that, if approved, will result in a significant overall reduction in the Group's rent burden and underpin a sustainable future for the Group. Debenhams Plc, one of the U.K.’s biggest department stores, has kicked off a plan that could see new owners as the struggling retailer assesses ways to exit its protective administration. Christmas Trading Update, 10 January 2019Debenhams is a leading international, multi-channel brand with a proud British heritage.

Geoff Rowley and Alastair Massey of FRP Advisory were appointed Joint Administrators of Debenhams Retail Limited and Debenhams Properties Limited (“the Companies”) on 09 April 2020. The Administrators concluded that the Transaction was in the best interests of the plc's creditors. Background to the Administration The Joint Administrators act as agents of the Company and contract without personal liability. This is a critical component of the Group's restructuring plan, and executing this is in part linked to the provision of the The underlying Group operating companies (the "Group") are unaffected and all businesses are continuing to trade as normal.https://ir.debenhams.com/investor-overviewAdministrators appointed to Debenhams plc The suspension of the plc's ordinary shares from listing on the premium segment of the Official List of the NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. The Joint Administrators can be contacted at Case-DebenhamsEmployees@frpadvisory.com; Case-DebenhamsSuppliers@frpadvisory.com or Case-DebenhamsInterestedParties@frpadvisory.com

Debenhams envisions what it described as a “light touch” administration in which the existing management remains in place, under the supervision of the administrators from FRP Advisory Group Plc…

At this stage we do not expect that there will be a distribution to the plc's shareholders.Trading in the shares of the plc has been suspended since The Joint Administrators are authorised to act either jointly or separately. window.NREUM||(NREUM={});NREUM.info = {"beacon":"bam.nr-data.net","errorBeacon":"bam.nr-data.net","licenseKey":"6415801d43","applicationID":"186842935","transactionName":"NVFUYEIHWkEDARFRXgwbd2dgSU9EBxAWUV4MSRlPUwpdVwwWLHxMTXlXRlsDQB0sBxJLHhl9ckkfJFtWG00eW14MQFNaRC9wTw==","queueTime":0,"applicationTime":16,"agent":"","atts":""}window.NREUM||(NREUM={}),__nr_require=function(e,n,t){function r(t){if(!n[t]){var o=n[t]={exports:{}};e[t][0].call(o.exports,function(n){var o=e[t][1][n];return r(o||n)},o,o.exports)}return n[t].exports}if("function"==typeof __nr_require)return __nr_require;for(var o=0;o We give our customers around the world a unique, differentiated and exclusive mix of own brands, international brands and concessions.Click here to view the latest Corporate Press releasesDebenhams Group – Financial Update, 26 April 2019

Debenhams went through a “pre-pack” administration last April, which resulted in its shares being delisted and its lenders taking control. Debenhams plcannounces the appointment of Chad Griffin, Simon Kirkhopeand Andrew Johnsonof FTI Consulting LLPas joint administrators (the "Administrators") and the completion of the sale of the Group, other than plc, to a newly incorporated company, controlled by its secured lenders. Debenhams will file for administration after the coronavirus lockdown forced it to shut its shops across the UK. A copy of this announcement will be made available on "It is disappointing to reach a conclusion that will result in no value for our equity holders. The plc level 1 sponsored American depositary receipt program will also be terminated following the cancellation of the listing. We aim to make shopping confidence-boosting, sociable and fun for our customers, through our 200 department store destinations and online in more than 90 countries.

Furthermore, it minimises business disruption and provides ongoing access to funding, ensuring continuity for the Group's operating businesses, lenders, suppliers, employees, pension holders and customers.

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