JJB Sports in £100m rights issue + Equity Capital Markets News in Brief, October 9, 2009

Sports retailer JJB is raising £100m in a rights issue that will surpass its £86m market capitalization, reports on Thursday said. Panmure Gordon and Numis Securities, JJB’s corporate brokers, will underwrite the offer. Its two largest shareholders, Harris Associates and Crystal Amber have signalled their support.