Business Day

Brait eyes UK for pri­mary list­ing

- CAP­I­TAL Reuters Business · United Kingdom · London · Virgin Atlantic · Malta · New Look

In­vest­ment heavy­weight Brait in­tended to seek a pri­mary list­ing in Lon­don to boost its pro­file and tap deeper pools of cap­i­tal, it said on Wed­nes­day. The owner of gym chain Vir­gin Ac­tive and UK bud­get clothes re­tailer New Look, Brait said it would also move its head of­fice to the UK from Malta. The board agreed to re­tain Brait’s sec­ondary list­ing on the JSE for South African in­vestors.

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