Carpetright have issued details of their share issue, created to raise £60m.
232,463,221 new shares will be given at 28 pence each, they represent a discount of 15.8% to the closing price of 33.25 pence per regular share on 17 May 2018.
The issue is part of a financial rescue plan, which includes closing 81 stores.
Last month a Company Voluntary Arrangement (CVA) was struck with creditors. The CVA will allow the retailer to close some stores and lower rents on others.
