Conviviality seeks £50m in rights issue after financial errors

UK drinks retailer saw its shares suspended after shock profit warning over arithmetic mistakeConviviality, owner of the Bargain Booze and Wine Rack chains, is seeking to raise more than £50m in an emergency rights issue next week after a series of catastrophic financial errors that have resulted in the suspension of its shares. On Friday the drinks retailer, which also operates the wholesaler Matthew Clark, told the City it was considering asking shareholders to inject fresh funds into th