Edition:
India

Brait SE (BATJ.J)

BATJ.J on Johannesburg Stock Exchange

1,705.00ZAc
18 Jul 2019
Change (% chg)

7.00 (+0.41%)
Prev Close
1,698.00
Open
1,745.00
Day's High
1,745.00
Day's Low
1,662.00
Volume
206,463
Avg. Vol
630,847
52-wk High
4,360.00
52-wk Low
1,626.00

Latest Key Developments (Source: Significant Developments)

Brait Expects NAV Between 40.75 Zar And 42.75 Zar At March 31
Thursday, 23 May 2019 

May 23 (Reuters) - Brait SE ::JSE: BAT - TRADING STATEMENT: YEAR ENDED 31 MARCH 2019.BRAIT SE - REPORTED NET ASSET VALUE PER SHARE AT 31 MARCH 2019 IS ANTICIPATED TO BE BETWEEN ZAR40.75 AND ZAR42.75.  Full Article

UK's New Look year to date revenue down 5 pct
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - New Look ::Q3 YEAR TO DATE REVENUE DOWN 5.0 PERCENT TO 1.016 BILLION STG, SAYS IN LINE WITH EXPECTATIONS GIVEN FOCUS ON DRIVING MORE PROFITABLE SALES.SAYS BRAND LIKE-FOR-LIKE (LFL) SALES YTD DOWN 2.3 PERCENT, THIRD CONSECUTIVE QUARTER OF IMPROVEMENT IN LFL TREND WITH Q3 TOTAL UK LFL SALES POSITIVE AT UP 0.9 PERCENT.SAYS Q3 YEAR TO DATE GROUP UNDERLYING OPERATING PROFIT 38.5 MILLION STG.  Full Article

Brait Says Virgin Active Signed New Contract With Discovery Vitality
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Brait SE ::JSE: BAT - VOLUNTARY ANNOUNCEMENT: VIRGIN ACTIVE CONCLUDES NEW VITALITY CONTRACT.BRAIT SE - VIRGIN ACTIVE HAS SIGNED A NEW CONTRACT WITH DISCOVERY VITALITY EFFECTIVE 1 JANUARY 2019.BRAIT SE - VIRGIN ACTIVE'S CONTRACT SETS OUT TERMS & CONDITIONS ON WHICH DISCOVERY VITALITY MEMBERS JOIN VIRGIN ACTIVE'S HEALTH CLUBS IN SOUTH AFRICA.  Full Article

Brait Se Says New Look's Long-Term Debt To Be Reduced From £1,350 Mln To £350 Mln
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Brait SE ::NEW LOOK’S AGREEMENT IN PRINCIPLE WITH A GROUP OF SENIOR SECURED NOTEHOLDERS ON TERMS OF BALANCE SHEET RESTRUCTURING.NEW LOOK'S LONG-TERM DEBT WILL BE SIGNIFICANTLY REDUCED FROM £1,350 MILLION TO £350 MILLION.NEW LOOK WILL BE SUPPORTED BY A NEW £150 MILLION CAPITAL RAISE VIA ISSUANCE OF NEW MONEY BONDS.NEW LOOK ALSO GOT SUBSTANTIAL NO. OF REQUIRED CONSENTS TO RAISE £80 MILLION OF INTERIM FUNDING TO SUPPORT BUSINESS IN SHORT-TERM.  Full Article

British retailer New Look proposes closing stores, making redundancies to cut costs
Wednesday, 7 Mar 2018 

March 7 (Reuters) - New Look::BRITISH RETAILER NEW LOOK PROPOSES TO REDUCE UK STORE ESTATE AND RENTAL COSTS AMID CHALLENGED TRADING PERFORMANCE AND A DIFFICULT RETAIL ENVIRONMENT.NEW LOOK SAYS HAS IDENTIFIED 60 OUT OF ITS TOTAL 593 STORES IN THE UK FOR POTENTIAL CLOSURE1, ALONGSIDE A FURTHER 6 SITES WHICH ARE SUB-LET TO THIRD PARTIES.DANIEL BUTTERS AND NEVILLE KAHN OF DELOITTE LLP, BUSINESS ADVISORY FIRM, HAVE BEEN APPOINTED AS NOMINEES TO NEW LOOK VOLUNTARY ARRANGEMENT.NEW LOOK PROPOSES MAKING REDUNDANCIES FROM STORES WHICH HAVE BEEN IDENTIFIED FOR POTENTIAL CLOSURE, EXPECTED TO BE A MAXIMUM OF 980 STAFF FROM UK BASE OF 15,300 PEOPLE.  Full Article

Brait SE says reported NAV per share at Sept 30 was 66.62​ rand
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Brait Se ::‍BRAIT'S REPORTED RAND NAV PER SHARE AT 30 SEPTEMBER 2017 IS ZAR66.62​.‍HY DILUTED​ LOSS AND HEADLINE LOSS PER SHARE OF 1,421 CENTS VERSUS 785 CENTS YEAR AGO.  Full Article

New Look CEO Anders Kristiansen has stepped down
Friday, 1 Sep 2017 

Sept 1 (Reuters) - New Look Group Ltd [RIC:RIC:NEWOON.UL]:ANDERS KRISTIANSEN HAS STOOD DOWN AS CHIEF EXECUTIVE OFFICER (CEO) AFTER ALMOST FIVE YEARS‍​.DANNY BARRASSO, MANAGING DIRECTOR UK & ROI, HAS BEEN APPOINTED AS INTERIM CEO WITH IMMEDIATE EFFECT.BOARD HAS LAUNCHED A SEARCH PROCESS TO IDENTIFY AND APPOINT A PERMANENT SUCCESSOR TO ANDERS.NEW LOOK - "AS NEW LOOK EMBARKS ON ITS NEXT PHASE OF DEVELOPMENT, WE HAVE MUTUALLY AGREED THAT IT IS THE APPROPRIATE TIME FOR A CHANGE TO THE LEADERSHIP"- CHAIRMAN.  Full Article

Brait says NAV/shr at 74.14 rand at June 30​
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - BRAIT SE ::‍REPORTED NAV PER SHARE AT JUNE 30, 2017 IS 74.14 RAND​.  Full Article