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Brait unit BIH cuts exchange price on R3 billion exchangeable bonds to R 2.03

PUBT·07/22/2026 11:32:22
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Brait unit BIH cuts exchange price on R3 billion exchangeable bonds to R 2.03
  • BIH, a wholly owned subsidiary of Brait, adjusted the exchange price on its R3 billion 6% Senior Unsecured Exchangeable Bonds due Dec. 3, 2027.
  • The exchange price reset to R2.03 from R2.21 on July 22, 2026.
  • The adjustment follows Brait’s rights issue, which could issue 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 via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524469), on July 22, 2026, and is solely responsible for the information contained therein.