MTC.GB Mothercare PLC

TIDMMTC

RNS Number : 1115E

Mothercare PLC

09 March 2022

Mothercare plc

Statement re Russia

Mothercare announces that all business in Russia, including shipment of all products has been suspended. Our local partner has confirmed that it will be immediately pausing operations in some 120 stores and online. Russia represents around 20-25% of Mothercare's worldwide retail sales and was previously expected to contribute around GBP0.5 million per month to Group profit.

Investor and analyst enquiries to:

   Mothercare plc                                                                            Email: investorrelations@mothercare.com 

Clive Whiley, Chairman

Andrew Cook, Chief Financial Officer

Numis Securities Limited (Nominated Advisor & Joint Corporate Broker) Tel: 020 7260 1000

Luke Bordewich

Henry Slater

finnCap (Joint Corporate Broker) Tel: 020 7220 0500

Christopher Raggett

Media enquiries to:

MHP Communications Email: mothercare@mhpc.com

Simon Hockridge Tel: 020 3128 8789

Tim Rowntree

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March 09, 2022 02:00 ET (07:00 GMT)

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