As per SENS:
Basil Read proposes to raise R300 million through an offer of approximately 1 363 636 364 Rights Offer shares at a price of R0.22 per Rights Offer Share in the ratio of
1 035.45602 Rights Offer Shares for every 100 existing Basil Read ordinary shares held on the initial record date for the Rights Offer, being Friday, 9 February 2018.