Curro shareholders approve R1.5bn rights offer
Shareholders voted 99.8% in favour of a proposed rights offer as the group considers new acquisitions and seeks to weather Covid-19
20 July 2020 - 12:33
Shareholders of private school group Curro have almost unanimously approved a R1.5bn rights offer, to fund acquisitions and shore up the group's balance sheet.
Shareholders voted 99.98% in favour of the rights offer, which Curro said in June would see the issuance of about 185.8-million shares at a subscription price of R8.07 per share...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.