Market Report: Taking Stock

DPA-Egami, the Ofex-quoted company which specialises in electronic management systems, yesterday said it was launching a one for two rights issue at 15p a share to raise pounds 922,500 for various developments. The company is to appoint a sales and marketing director and is to expand its direct sales team. It also wants to expand its project management teams and establish a presence in Europe.

Easynet Group, the internet service provider which is traded on AIM, saw its shares jump 4p to 93.5p after awarding a pounds 1.6m telephony contract to GPT. The contract, which combines internet and telecoms technologies, will allow Easynet to route its telephone calls through its network centre in London.