watchBRABRAITSHORTFIRST CALL

“Brait is raising R2.5 billion through a rights offer to fund Virgin Active's expansion.”

Existing shareholders were not entirely convinced by the plan to fund Virgin Active's expansion through a rights offer, leading to a drop in Brait's share price.

BRABRAITSHORT@ R2.20

R2.32-5.47%

since call Jun 22

peak +11.6%

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