Brait adjusts 8% 2027 convertible bond conversion price to £0.32 from £0.35

Reuters2026/07/22 11:33

By:Reuters

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Brait reset the conversion price on its £133.63 million 8% Convertible Bonds due 2027 to £0.32 from £0.35.
The adjustment took effect July 22, 2026, triggered by a rights issue of up to 1,655,629,139 new ordinary shares.

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 on July 22, 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 adjusts 8% 2027 convertible bond conversion price to £0.32 from £0.35

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