The down under retailer is offering one new share for every seven shares owned in an entitlement offering at a fixed price of A$7.19, with the goal of raising about A$203 million to bolster liquidity and finance strategic growth initiatives. The offer will open to retail shareholders on June 22 and close on July 3, preceded by a bookbuild process for institutional shareholders that begins June 15. The funds will be used primarily to build out front end digital customer experience and analytics, as well as for supply chain improvements to support omni-channel growth. Additionally, SRG plans to consolidate its ... Log in to view full article.