24-11-2020 13:47 via retailgazette.co.uk

Shareholders approve £100m equity raise for N Brown Group

// N Brown Group £100m equity raise approved by shareholders
// Shareholders also voted in favour of moving the company from the London main market to AIMN Brown shareholders have voted favour of a £100 million equity raise as well as moving the company from the London main market to AIM.
The parent company of JD Williams, Simply Be and Jacamo said the funds will be used to remove unsecured debt.
The retail group’s net debt sat at around £410 million before shareholders v
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