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FTSE 250 movers: Ocado under cosh; easyJet flies higher
(Sharecast News) - FTSE 250 (MCX) 23,222.62 0.09%
Ocado was under the cosh on a report the board is sounding out candidates to replace its co-founder CEO Tim Steiner following a weak share price performance. In a very brief statement, Ocado said its chief executive and the board "continually engage in long-term succession planning and regularly engage with potential candidates".
Budget airline easyJet flew higher after it rejected a third takeover proposal from private equity firm Castlelake at 625p per share. This followed previous proposals at 560p and 600p.
Recruitment firms Hays and PageGroup both slumped although there was no immediate reason for the fall.
FTSE 250 - Risers
Pacific Horizon Inv Trust (PHI) 1,258.00p 3.46% Trustpilot Group (TRST) 249.00p 3.23% easyJet (EZJ) 519.40p 3.13% Fidelity Emerging Markets Limited Ptg NPV (FEML) 1,564.00p 2.35% Pan African Resources (PAF) 109.00p 2.35% Quilter (QLT) 192.50p 2.24% Raspberry PI Holdings (RPI) 908.00p 2.22% Energean (ENOG) 711.00p 2.08% JPMorgan Emerging Markets Growth & Income (JMGI) 180.80p 2.03% Man Group (EMG) 300.20p 1.97%
FTSE 250 - Fallers
Hays (HAS) 30.38p -10.17% Pagegroup (PAGE) 105.50p -7.60% WH Smith (SMWH) 391.80p -5.24% HGCapital Trust (HGT) 383.00p -4.50% Aston Martin Lagonda Global Holdings (AML) 39.38p -4.28% Workspace Group (WKP) 331.80p -3.54% Ocado Group (OCDO) 175.00p -3.53% Syncona Limited NPV (SYNC) 96.80p -3.20% QinetiQ Group (QQ.) 426.00p -2.73% Barr (A.G.) (BAG) 612.00p -2.55%
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