15 October 2020 Introduction
I am pleased to present the Edgars Stores Limited Group financial results for the 52 weeks ended 5 January 2020. The commentary on the financials is based on the inflation adjusted numbers. The historical numbers are shown as supplementary information as they have not been ...
9 October 2020 The following are the results of the Edgars Stores Limited Rights Offer which closed on 21 August 2020.
Number of Rights Offer shares
274 658 112
Ordinary Rights Offer Shares subscribed
144 291 331
Percentage Subscription
53%
Percentage taken by the Underwriter
47%
Ordinary Shares issued to the Underwriter
130 366 781
The shares were issued ...
9 October 2020 The Board wishes to advise its stakeholders that 5 493 162 new ordinary shares, being 2% of the 274,658,112 Rights Offer Shares, will be issued from the 95 752 219 ordinary shares of the balance of the authorised but unissued ordinary shares of the Company ...
9 October 2020 Group Chairman’s Statement
The statement is prepared on the basis of inflation adjusted numbers.
Business Overview
Material disruptions stemming from COVID-19 had a significant impact on the group’s performance, most significantly in April and May due to enforced lockdowns.Since then sales have been steadily recovering. Units sold to ...