boohoo group Plc (GB:BOO) has released an update.
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Boohoo Group Plc has announced a retail offer to raise approximately £6 million through the issuance of new ordinary shares at 31 pence per share, representing a 3.3% premium. This move is part of a larger fundraising initiative that also includes a conditional placing and subscription, with proceeds aimed at reducing the company’s borrowings. The retail offer is open to UK retail investors and underscores Boohoo’s commitment to engaging its retail shareholder base.
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