Forum Sport, the big Spanish sporting goods retailer in which the Eroski retail group has a stake of 86 percent, is issuing 83,194 new shares with a nominal value of €6.01 each to boost its equity by €499,995 to €27.5 million. Existing shareholders will have rights of first refusal on the new shares until Jan. 16. After that time, other shareholders will be allowed to subscribe to any remaining new shares. At last count, the chain had a total of 31 stores in operation – most of them relatively large. The stores were originally concentrated in the Basque region of Spain, but the chain has expanded to other parts of country in recent years.

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