|
The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday. ---------- FTSE 100 winners ---------- 3i Group PLC, up 8.8% at 2,474 pence, positive trading for Action Barratt Redrow PLC, up 4.1% at 292.65p Aberdeen Group PLC, up 3.6% at 240.4p SSE PLC, up 2.4% at 2,404.5p Persimmon PLC, up 2.3% at 1,117.75p ---------- FTSE 100 losers ---------- United Utilities Group PLC, down 2.4% at 1,293p London Stock Exchange Group PLC, down 2.0% at 8,119p Sage Group PLC, down 1.5% at 796.6p, Goldman and Jefferies cut price targets Lion Finance Group PLC, down 1.4% at 11,080p Relx PLC, down 1.3% at 2,348p ---------- FTSE 250 winners ---------- Moonpig Group PLC, up 10% at 247.3 pence, reports strong annual results easyJet PLC, up 7.2% at 578.4p, rejects fourth Castlelake takeover approach Raspberry Pi Holdings PLC, up 6.3% at 777.75p, Jefferies raises price target Genuit Group PLC, up 4.0% at 283.6p Seraphim Space Investment Trust PLC, up 3.6% at 187.7p ---------- FTSE 250 losers ---------- Spire Healthcare Group PLC, down 2.9% at 215.5p, extends deadline for Toscafund talks TR Property Investment Trust PLC, down 2.5% at 308.5p WPP Group PLC, down 2.4% at 248.9p Harbour Energy PLC, down 2.2% at 222.2p Domino’s Pizza Group PLC, down 1.8% at 186.95p, JPMorgan starts with ’underweight’ ---------- FTSE 100 & 250 movers in focus: ---------- 3i Group PLC, up 8.8% at 2,474 pence, 12-month range 2,082p-4,459p. The London-based private equity investor reports 3.3% like-for-like sales growth in the year to date, as of Sunday, for major investee Action. Says the retailer is set for a good quarter of profit growth and had a cash balance of €699 million as of Sunday, after paying a €450 million dividend to shareholders last month. Also says Action has opened 105 new stores so far, in line with its 2026 expansion plans. ‘The remainder of the Private Equity portfolio continues to demonstrate good momentum in line with our expectations,’ 3i says. ---------- Moonpig Group PLC, up 10% at 247.3 pence, 12-month range 192.6p-247.3p. The London-based online greeting cards and gifting platform says pretax profit ballooned to £68.9 million in the financial year ended April 30 from £3.0 million the year prior. The prior-year figure includes a £56.7 million impairment of goodwill for its Experiences business. Adjusted pretax profit rises 13% to £76.5 million from £67.5 million on-year, beating company-compiled consensus of £71.5 million. Adjusted earnings per share jump 20% to 18.0 pence from 15.0p, ahead of 16.5p consensus. Revenue increases 6.5% to £373.0 million from £350.1 million, in line with consensus of £372.7 million. Shareholders are rewarded with a 25% increase to the total dividend to 3.75p per share from 3.0p. This includes a final payout of 2.5p per share, raised from 2.0p. Trading in the new financial year has been in line with expectations and projections remain unchanged, the firm adds. Also, it intends to carry out further share buybacks of up to £65 million in the current financial year. ---------- easyJet PLC, up 7.2% at 578.4 pence, 12-month range 339.7p-578.4p. The Luton, Bedfordshire airline rejected a fourth bid plan from Minneapolis-based asset manager Castlelake on Tuesday, worth 650 pence per share, valuing it at £4.93 billion. Follows its rejection on Monday of a third proposal from Castlelake worth 625p per share. Says the latest proposal ‘substantially’ undervalues the company and its prospects and continues to give rise to ‘significant’ questions of deliverability. However, it believes that giving Castlelake access to limited commercial information, as the US entity has sought, might produce a ‘more attractive proposal that better reflects the value of easyJet and its prospects.’ Castlelake is granted a 9-day extension until July 5 to make a firm bid proposal. easyJet says it remains concerned about the ownership structure and deliverability of any offer from Castlelake, and the time it will take, and expects ‘satisfactory assurances and commitments in these regards’. ---------- Spire Healthcare Group PLC, down 2.9% at 215.5 pence, 12-month range 142.8p-249p. The London-based private healthcare provider announces another extension for second-largest shareholder Toscafund Asset Management LLP’s ’put-up-or-shut-up’ deadline regarding its 250p per share possible cash offer. Toscafund now has until July 9. Spire says talks remain ongoing, and the extension is to allow for these to continue, for definitive transaction documentation to be agreed, and for Toscafund to complete its due diligence. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
