FTSE 250 movers: Travel shares recover; Playtech falls

By

Sharecast News | 21 Dec, 2021

London’s FTSE 250 was up 1.2% at 22,827.08 in afternoon trade on Tuesday.

Travel shares were on the front foot, having fallen on Monday amid worries about the spread of Omicron and possible further restrictions. Carnival, Tui and easyJet all rose.

Playtech was down following a Sky News report that the Australian gaming group which has struck a £2.1bn deal to buy it has called on the City's takeover watchdog to seek clarity over the intentions of a group of Asian investors who have amassed a large stake in the company.

According to Sky, Aristocat Leisure and Playtech have contacted the Takeover Panel to seek a determination that the Asian shareholders, who include the owner of Birmingham City Football Club, are acting as a concert party.

Between them, the Asian investors, who also include wealthy heiress Karen Lo, are now thought to own more than 20% of Playtech's shares, and may even have a big enough collective stake to block the Aristocrat deal, Sky said.

FTSE 250 - Risers

Carnival (CCL) 1,374.60p 8.22%
Reach (RCH) 271.50p 6.26%
Aston Martin Lagonda Global Holdings (AML) 1,305.50p 5.92%
TUI AG Reg Shs (DI) (TUI) 226.60p 5.79%
easyJet (EZJ) 531.80p 5.02%
Just Group (JUST) 79.55p 4.74%
Network International Holdings (NETW) 278.30p 4.51%
Micro Focus International (MCRO) 377.90p 4.39%
Darktrace (DARK) 418.00p 4.34%
Capita (CPI) 36.23p 4.29%

FTSE 250 - Fallers

PureTech Health (PRTC) 284.00p -3.07%
Watches of Switzerland Group (WOSG) 1,358.00p -1.59%
Premier Foods (PFD) 107.20p -1.47%
FirstGroup (FGP) 101.80p -1.36%
Syncona Limited NPV (SYNC) 199.80p -1.09%
Genus (GNS) 4,902.00p -1.01%
Playtech (PTEC) 738.00p -1.01%
Tritax Eurobox (GBP) (EBOX) 114.80p -0.86%
Indivior (INDV) 255.40p -0.85%
National Express Group (NEX) 236.60p -0.59%

Last news