Kathmandu Equity Raising
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).
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: rod@briscoes.co.nz
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- KMD — KMD Brands Limited: Kathmandu 2020 Interim Results and Equity Capital Raising2020-03-31
“Kathmandu Holdings Ltd 223 Tuam Street, Christchurch 8011 249 Park Street, South Melbourne, Victoria 3205 PO Box 1234, Christchurch 8140, New Zealand PO Box 984, South Melbourne, Victoria 3205, Australia Phone: +64 3 373 6110 Fax: +64 3 373 6116 Phone: +61 3 9267 9999 Fa…”
- KMD — KMD Brands Limited: Surge in online sales and staged reopening of stores2020-05-04
“Kathmandu Holdings Ltd 223 Tuam Street, Christchurch 8011 249 Park Street, South Melbourne, Victoria 3205 PO Box 1234, Christchurch 8140, New Zealand PO Box 984, South Melbourne, Victoria 3205, Australia Phone: +64 3 373 6110 Fax: +64 3 373 6116 Phone: +61 3 9267 9999 Fa…”
- KMD — KMD Brands Limited: Updated Investor Presentation2020-03-31
“Equity Raising Timetable 27 EventDate Announcement of Equity Raising Wednesday, 1 April 2020 Record date for the Entitlement Offer Friday, 3 April 2020 Institutional Entitlement Offer and Placement Institutional Entitlement Offer and Placement opens Wednesday, 1 April 2020 Insti…”