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Briscoe Group Limited — Capital/Financing Update 2020
Apr 1, 2020
66166_rns_2020-04-01_8fc81102-281a-4c13-a537-f68cf755ebe7.pdf
Capital/Financing Update
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- 1 April 2020
Briscoe Group Limited NZX/ASX code: BGP
Kathmandu equity raising
Briscoe Group Limited today confirmed it will not participate in the equity raising announced by Kathmandu Holdings Limited (Kathmandu).
Rod Duke, Group Managing Director said, “We are obviously supportive of the Kathmandu business and would like to see them successfully complete the equity raise to alleviate their balance sheet pressures. However, our immediate priority, as we like all New Zealanders face an unprecedented level of uncertainty surrounding the potential impact of COVID-19, is to our shareholders and employees to continue to ensure the strength of our own business both in the short-term and for the future.”
Contact for enquiries: Rod Duke Group Managing Director Email: [email protected]
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 and also the Australian Securities Exchange as a foreign exempt entity. (NZX/ASX code: BGP).