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Bremworth Scheme Collapses After 38% Shareholder Opposition
6:31am on Tuesday 7th of July, 2026 AEST
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Manufacturing
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Bremworth Scheme Collapses After 38% Shareholder Opposition
6:31am on Tuesday 7th of July, 2026 AEST
Key Points
38% shareholder opposition ends Floorscape acquisition scheme
Board frustrated by timing and lack of alternative proposals
Trading remains challenging with no profitability in H2 FY26
Company to focus on cost reset, revenue recovery, and capital discipline
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Bremworth (NZX:BRW)
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