On the Beach completes Covid-19 recap

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

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On the Beach completes Covid-19 recap

Aidan Gregory
May 22, 2020 12:00 PM
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(1/10/2017) Restaurant on the beach in Anantara Si Kao Resort & Spa, south of Krabi, Thailand. Located on the soft white sands of Changlang Beach, Anantara Si Kao Resort & Spa’s location is surrounded by natural beauty. (Photo by Sergi Reboredo) *** Please Use Credit from Credit Field *** | Sergi Reboredo/SIPA USA/PA Images

Shares in On the Beach Group, the UK online retailer of beach holidays, traded as much as 10% higher on Friday morning after the company said it had raised £67m from investors to keep itself afloat following a dramatic fall in the volume of bookings during the Covid-19 global pandemic.

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