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Briscoe Group Limited — Capital/Financing Update 2018
Mar 21, 2018
66166_rns_2018-03-21_8c2cd307-cb40-4084-8e26-50817b6ba2be.pdf
Capital/Financing Update
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21 March 2018
BRISCOE GROUP LIMITED
Briscoe Group supports Kathmandu capital raising
Briscoe Group Limited (NZX /ASX code: BGP) today confirms it has participated in the capital raising announced by Kathmandu Holdings Limited (KMD) receiving confirmation of an allocation of 2,570,925 KMD shares from the institutional placement for a cost of $5,553,198. It also intends to participate in the Share Purchase Plan.
Rod Duke, Group Managing Director said, “We are very supportive of Kathmandu’s initiative to diversify the business and position it for greater international growth.”
For and on behalf of the Board of Directors
21 March 2018 Rod Duke Group Managing Director
Briscoe Group Limited is a company incorporated in New Zealand and registered in Australia as a foreign company under the name Briscoe Group Australasia Limited (ARBN 619 060 552). It is listed on the NZX Main Board and also the Australian Securities Exchange as a foreign exempt entity. (NZX/ASX code: BGP).