WH Smith PLC (SMWH) · 2026-09-16
WH Smith reported lower trading profit margins amid promotional activity and inflation, despite UK fourth-quarter revenue growth of 7%. A £103m equity raise strengthens the balance sheet as the group restructures its store portfolio, including planned Nordic exits.
WH Smith PLC (SMWH) · 2026-06-10
WH Smith PLC announced a capital raise of 26m new shares (20% dilution) via a placing and retail offer. The proceeds will strengthen the balance sheet and target a reduction in leverage to 2x by 2026.
WH Smith PLC (SMWH) · 2026-06-10
WH Smith PLC announced a conditional retail offer of new Ordinary Shares via RetailBook alongside an institutional placing and a subscription by certain directors and members of management. The issue price will be determined following the close of the bookbuilding process, and the Retail Offer is conditional on the Placing being completed and the new Ordinary Shares being admitted to trading. The group says the Capital Raise will strengthen the balance sheet, reduce reliance on debt funding and provide greater confidence around the Group's leverage position.