Carpetright price jumps 26.57% on share issuance

2018-05-21T07:08:00

Carpetright shares rocketed 26.57% on Friday as the beleaguered company launched a £60m share placing as part of the rescue package which will also see it close 92 stores.

The 232,463,221 new ordinary shares will be issued at a price of 28p per share, a 15% discount to their Thursday closing price.

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