- Online retailer MySale said it planned to raise at least £10m from a share issue to repay its bank debt.

New shares in the company would be issued at 2p each.

MySale said the decision to raise capital came after it completed a strategic review, that would also see it reduce its cost base by cutting jobs and restructuring its supply chain.

At 8:29am: [LON:MYSL] Mysale Group Plc share price was -2.1p at 2.65p

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