Conviviality folds after investors shun emergency share sale

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Follow-ons and Rights issues

Conviviality folds after investors shun emergency share sale

Aidan Gregory
March 29, 2018 02:00 pm
Bargain Booze PA 230x150
A general view of the Bargain Booze in Clifton, Bristol, which Joanna Yeates visited on the evening of December 17. | Ben Birchall/PA Archive/PA Images

Conviviality, the UK alcohol wholesaler that owns Bargain Booze and Wine Rack, plans to call in administrators after a £125m emergency capital increase failed to attract enough demand to keep the company afloat.

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Aidan Gregory
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