BRIEF-Brait Says Extended Lockdown Periods Adversely Impacted Liquidity Of Virgin Active UK, Italy And Asia Pacific Business

  • Reuters
  • Stock Market News
BRIEF-Brait Says Extended Lockdown Periods Adversely Impacted Liquidity Of Virgin Active UK, Italy And Asia Pacific Business
Credit: © Reuters.

Feb 1 (Reuters) - Brait SE BATJ.J :

* JSE: BAT (LON: BATS ) - THE IMPACT OF CORONAVIRUS AND UPDATE ON BRAIT'S REDOMICILIATION

* BRAIT SE - REDOMICILIATION PROCESS IS NOW EXPECTED TO COMPLETE DURING MAY 2021.

* BRAIT SE - EXTENDED LOCKDOWN PERIODS ADVERSELY IMPACTED LIQUIDITY OF VIRGIN ACTIVE UK, ITALY AND ASIA PACIFIC BUSINESS

* BRAIT SE - VIRGIN ACTIVE IS WORKING WITH ALL STAKEHOLDERS TO FIND HOLISTIC OPERATING STRUCTURE, FUNDING SOLUTION FOR UK, ITALY, ASIA PACIFIC BUSINESS

* BRAIT SE - VIRGIN ACTIVE S. AFRICA REMAINS CASH FLOW NEUTRAL AT AN OPERATING LEVEL, AND AS AT 31 DEC HAS SUFFICIENT LIQUIDITY TO FUND BUSINESS PLAN

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100