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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 250 movers: Aston Martin slides; Countryside gains

(Sharecast News) - London's FTSE 250 was down 1.3% at 18,614.74 in afternoon trade on Monday. Aston Martin slid after the luxury car maker confirmed a £575.8m rights issue, supported by chairman Lawrence Stroll and Saudi Arabia's sovereign wealth fund. The issue price was 103p per share, which is a discount of 78.5% to the closing share price on Friday.

Elsewhere, Tyman fell as Berenberg downgraded the shares to 'hold' from 'buy' and slashed the price target to 250p from 420p.

"While Tyman has made good progress on its turnaround plan over the last few years, inflationary pressures and an increasingly bearish end-market outlook will make it difficult for Tyman to outperform, in our view," it said.

Going the other way, Countryside Partnerships jumped after it agreed to be bought by housebuilder Vistry in a £1.25bn deal. Under the terms of the acquisition, Vistry will pay 0.255 of a new Vistry share and 60p per share in cash.

Vistry and peer Redrow also gained.

Energean and Tullow Oil rose as oil prices pushed up after OPEC and allied oil-producing countries agreed to cut oil production by 100,000 barrels per day from next month.

FTSE 250 - Risers

Bridgepoint Group (Reg S) (BPT) 298.20p 7.65% Countryside Partnerships (CSP) 240.80p 5.52% Energean (ENOG) 1,319.00p 4.60% Tullow Oil (TLW) 51.50p 4.29% Polymetal International (POLY) 214.80p 3.27% BH Macro Ltd. GBP Shares (BHMG) 4,815.00p 3.10% BBGI Global Infrastructure S.A. NPV (DI) (BBGI) 169.40p 2.67% Diversified Energy Company (DEC) 131.20p 2.10% Vistry Group (VTY) 753.00p 1.62% Redrow (RDW) 478.00p 0.93%

FTSE 250 - Fallers

Aston Martin Lagonda Global Holdings (AML) 430.50p -10.33% Tyman (TYMN) 208.50p -8.75% Wizz Air Holdings (WIZZ) 1,929.50p -7.94% Molten Ventures (GROW) 318.20p -6.74% ASOS (ASC) 645.50p -5.77% Genus (GNS) 2,322.00p -5.22% Abrdn Private Equity Opportunities Trust (APEO) 410.00p -5.09% TUI AG Reg Shs (DI) (TUI) 123.85p -5.06% TI Fluid Systems (TIFS) 137.40p -4.98% C&C Group (CDI) (CCR) 163.40p -3.83%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.