Shares in car dealer Inchcape have suffered today after the company said it was considering an equity fundraising.
The shares are down more than 8% at 41p, making the company the second biggest faller in the FTSE 250.
Inchcape, which issued a profit warning on 15 December, said it expected trading conditions to remain difficult.
"[The group] is engaged with its finance providers to ensure that these arrangements are appropriate for a downturn in trading," Inchcape said in a statement.
"As would be expected, it is also evaluating a range of options for its capital structure including a potential equity issue."
Inchcape added that it would report underlying results for 2008 in line with its previous expectations and the remained in compliance with its financing arrangements.
The FTSE 100 remains in negative territory – down 42.59 at 4405.95.
