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The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. ---------- FTSE 100 winners ---------- Segro PLC, up 15% at 855.5 pence, ProLogis reveals rejected takeover proposal Tritax Big Box REIT PLC, up 5.9% at 160.7p British Land Co PLC, up 4.0% at 417.8p Land Securities Group PLC, up 3.7% at 648.5p Games Workshop Group PLC, up 3.4% at 21,040p ---------- FTSE 100 losers ---------- Airtel Africa PLC, down 3.5% at 3335.7p Glencore PLC, down 2.2% at 523.7p London Stock Exchange Group PLC, down 2.0% at 8,201p Prudential PLC, down 2.0% at 992.6p BAE Systems PLC, down 1.8% at 1,792.5p ---------- FTSE 250 winners ---------- Berkeley Group Holdings PLC, up 5.1% at 3,621p, full-year profit beats guidance SDCL Energy Efficiency Income Trust PLC, up 4.8% at 33.55p Telecom Plus PLC, up 5.1% at 746 pence Hammerson PLC, up 3.4% at 362.1p Big Yellow Group PLC, up 3.3% at 888.5p ---------- FTSE 250 losers ---------- Gamma Communications PLC, down 10% at 790.75p, Providence will not make offer WPP Group PLC, down 4.3% at 251.75p Trainline PLC, down 3.7% at 205.2p, appoints new chief executive officer GlobalData PLC, down 3.4% at 75.7p, announces chief financial officer change Ocado Group PLC, down 3.1% at 168.15p ---------- FTSE 100 & 250 movers in focus: ---------- Segro PLC, up 16% at 857.4 pence, 12-month range 604.4p-857.4p. Board rejects ProLogis Inc’s possible combination proposal. San Francisco, California-based real estate investor ProLogis says Segro shareholders would receive 0.084 new ProLogis shares for each Segro share, implying a value of 925p per Segro share and of approximately £12.6 billion for the company. Calls this a ‘highly compelling opportunity’ as the UK warehouse landlord’s shareholders ‘would receive shares in the world’s largest logistics REIT with a $140.9 billion market capitalisation, unlocking, on closing, significant upside to the current share price.’ The proposal represents a 24.6% premium to Segro’s closing share price of 742p on Tuesday, a 26.7% premium to its one-month volume-weighted average share price and a 31.4% premium to its three-month average. Urges shareholders to encourage the board to engage with ProLogis and allow it to present a binding offer for their consideration. Segro, in reponse, says it considered the proposal with advisers, but judged it to be ‘opportunistically timed’ and says it ‘falls a long way short’ of the firm’s own views on its value. ---------- Berkeley Group Holdings PLC, up 5.1% at 3,621 pence, 12-month range 3,104p-4,434p. The Surrey, England-based housebuilder reports pretax profit of £451.4 million in the financial year that ended April 30, down 15% from £528.9 million a year prior. In March, the company reaffirmed its full-year target of £450 million in pretax profit. Revenue falls 4.2% to £2.38 billion from £2.49 billion. Berkley notes that this includes £2.27 billion of residential revenue, down from £2.43 billion, as well as £110.4 million of commercial revenue, up from £14.8 million. The company also reports £7.7 million of land sales, down from £39.5 million. Shareholder returns total £233.0 million for the year, down 39% from £381.5 million. All of the £233 million was returned via buybacks, while the prior year £129.7 million was via buybacks, £183.8 million was through special dividends and £68.0 million was through dividends paid. Berkeley says it is determined to play a ‘full part’ in the UK government’s housing and growth mission, but notes that given the ‘deteriorating’ macroeconomic backdrop, ‘there is now a clear case for further government action beyond the initiatives announced to date.’ ---------- Gamma Communications PLC, down 10% at 790.75 pence, 12-month range 701p-1,138p. Providence Equity Partners withdraws from its consortium with Epiris LLP, which was floating a possible offer for Gamma, and confirms that it does not intend to make an offer for the Newbury, England-based cloud communications and voice services provider, as part of the consortium or otherwise. Epiris acknowledges Providence’s announcement and says it continues ‘ to consider its options regarding a possible offer for Gamma.’ ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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