Naked Brand Group Limited: Naked Brand Group Announces Preliminary Results of Extraordinary General Meeting
Shareholders Vote for Approval of Proposed Transaction to Divest Bendon Brick-and-Mortar Operations
Resolution Approval Now Positions Naked to Execute on Digital Transformation Strategy to Become an E-commerce Leader in the Intimate Apparel Market with $270 Million of Cash and No Debt
SYDNEY, AUSTRALIA / ACCESSWIRE / April 23, 2021 / Naked Brand Group Limited (
NASDAQ:NAKD) ("Naked" or the "Company"), a global leader in intimate apparel, today announced that, based on the preliminary vote tallies from its Extraordinary General Meeting of its shareholders held on Friday, April 23, 2021 at 10:00 am (Sydney time), Naked's shareholders voted to approve the Company's proposed divestiture of its Bendon brick-and-mortar operations. The final tallies will be disclosed promptly after they become available. With shareholder support, the Company expects to sign the definitive agreement for the proposed divestiture and simultaneously close the transaction on or about Friday, April 30, 2021.