JD Sports exploring equity raise

JD Sports, the UK sporting equipment retailer, is looking at the possibility of raising equity capital to help it through the next few months of Covid-19 lockdowns and to take advantage of investment opportunities in the future.
The FTSE 100 firm said in a filing on Tuesday that it is “exploring additional funding options with a view to increasing its flexibility to invest in future strategic opportunities and that this may involve a non pre-emptive equity placing.”
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