Aston Martin has delayed its 575.8-million-pound ($662 million) rights issue by one day due to the bank holiday for Queen Elizabeth II's state funeral in London.
Queen Elizabeth, the UK's longest-serving monarch, died last week in Scotland aged 96, after reigning for 70 years. Her funeral will be held on Sept. 19.
The latest date of the offer period for the rights issue is amended from 26 September to 27 September in order for it to remain open for acceptance for at least 10 business days.
The rights issue is part of a previously announced equity raising of 653.8 million pounds, which makes Saudi Arabia's Public Investment Fund (PIF) one of the company's largest shareholders.
The fundraising will allow the company to lower its debt and invest in new models, the automaker has said
