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Retail shareholders not convinced by Kathmandu’s offer

Kathmandu has raised $207m.

Kathmandu has raised $207 million, after half its retail shareholders and almost all its institutional shareholders participated in a capital raise.

The listed retailer said this morning its retail entitlement offer, of 1.2 shares for every 1 held at 50c a share, had closed and raised

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Calida Stuart-Menteath Wed, 22 Apr 2020
Contact the Writer: calida@nbr.co.nz
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Retail shareholders not convinced by Kathmandu’s offer
General Business,
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