rCampbell & Armstrong, returned from a two-month suspension, fell 3.75p to 6.75p as the shopfitter unveiled plans to place 65 million shares at 5p each to raise pounds 2.77m. A debt-for-equity swap and a reorganisation of the group's borrowings are also planned. In the 13 months to January pre-tax losses rose to pounds 7.98m. Irwin, the contracting division put into administration in January was responsible for pounds 5.2m of the shortfall.Reuse content
rShares in loudspeaker maker Verity struck another high note, rising 0.75p to 30.5p. Private investors are piling into the stock on hopes that Verity's new, wafer-thin NXT loudspeakers will be licensed to the likes of Nokia or Panasonic. Verity is exhibiting its wares at the Birmingham motor show on Tuesday.