Brait issues 1,655,629,139 shares in ZAR 2.5 billion rights offer

Reuters2026/08/11 07:00

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Brait completed its renounceable rights offer, raising gross proceeds of ZAR 2.5 billion.
Issued 1,655,629,139 Rights Offer Shares; 1,578,089,646 taken up via rights exercise, 77,539,493 allocated via excess applications.
Issued share capital rose to 5,518,314,274 shares from 3,862,685,135 following the rights offer.
Rights Offer Shares were delivered in dematerialized form on Tuesday.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brait plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S525341), on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Brait issues 1,655,629,139 shares in ZAR 2.5 billion rights offer

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