Toys ‘R’ Us Anz Limited (AU:TOY) has released an update.
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Toys ‘R’ Us ANZ Limited has announced a new securities issue, proposing the issuance of up to 71,142,860 options and 35,571,430 ordinary fully paid shares. The options will have an exercise price of $0.12 and will expire three years from the date of issue, which is slated for July 30, 2024. This move is aimed at increasing the company’s capital and is subject to approval by the ASX.
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