FTSE 250 movers: Full speed ahead for Clarkson; Ithaca slips as CEO goes
By Frank Prenesti
Date: Friday 05 Jan 2024
(Sharecast News) - FTSE 250 19,160.54, -1.09%
Shares in Clarkson jumped on Friday after the Shipping services provider lifted annual guidance on a strong trading performance during the final quarter of 2023 driven by its broking division.
Underlying profit before tax was now expected to be at least £108m for the 12 months to December 31, the company said in a short trading update.
Shares rose more than 5% against a 0.55% fall for the FTSE 250 index.
Ithaca Energy chief executive Alan Bruce has stepped down with immediate effect "to pursue new opportunities", the North Sea oil and gas producer said on Friday.
Bruce led the company through its IPO and first year as a listed company. The board will progress with a formal search process to appoint a new CEO "as soon as possible".
Chief financial officer Iain Lewis will take on Bruce's duties as well as his own, it added.
FTSE 250 - Risers
Clarkson (CKN) 3,435.00p 5.21%
Me Group International (MEGP) 124.20p 3.85%
W.A.G Payment Solutions (WPS) 92.00p 2.22%
TBC Bank Group (TBCG) 2,785.00p 1.27%
Barr (A.G.) (BAG) 527.00p 0.96%
Mobico Group (MCG) 83.70p 0.84%
Carnival (CCL) 1,211.50p 0.83%
NB Private Equity Partners Ltd. (NBPE) 1,676.00p 0.72%
Caledonia Investments (CLDN) 3,550.00p 0.71%
Jlen Environmental Assets Group Limited NPV (JLEN) 102.60p 0.59%
FTSE 250 - Fallers
Diversified Energy Company (DEC) 1,154.00p -5.41%
Spectris (SXS) 3,530.00p -4.00%
TUI AG Reg Shs (DI) (TUI) 581.50p -3.65%
Man Group (EMG) 223.10p -3.63%
TI Fluid Systems (TIFS) 145.40p -3.45%
SDCL Energy Efficiency Income Trust (SEIT) 60.00p -3.38%
Pagegroup (PAGE) 461.80p -3.27%
Tate & Lyle (TATE) 640.00p -3.25%
Hochschild Mining (HOC) 94.60p -3.12%
Jupiter Fund Management (JUP) 87.00p -3.01%
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