24th Jun 2026 10:16
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday.
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FTSE 100 winners
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Segro PLC, up 15% at 855.5 pence, ProLogis reveals rejected takeover proposal
Tritax Big Box REIT PLC, up 5.9% at 160.7p
British Land Co PLC, up 4.0% at 417.8p
Land Securities Group PLC, up 3.7% at 648.5p
Games Workshop Group PLC, up 3.4% at 21,040p
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FTSE 100 losers
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Airtel Africa PLC, down 3.5% at 3335.7p
Glencore PLC, down 2.2% at 523.7p
London Stock Exchange Group PLC, down 2.0% at 8,201p
Prudential PLC, down 2.0% at 992.6p
BAE Systems PLC, down 1.8% at 1,792.5p
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FTSE 250 winners
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Berkeley Group Holdings PLC, up 5.1% at 3,621p, full-year profit beats guidance
SDCL Energy Efficiency Income Trust PLC, up 4.8% at 33.55p
Telecom Plus PLC, up 5.1% at 746 pence
Hammerson PLC, up 3.4% at 362.1p
Big Yellow Group PLC, up 3.3% at 888.5p
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FTSE 250 losers
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Gamma Communications PLC, down 10% at 790.75p, Providence will not make offer
WPP Group PLC, down 4.3% at 251.75p
Trainline PLC, down 3.7% at 205.2p, appoints new chief executive officer
GlobalData PLC, down 3.4% at 75.7p, announces chief financial officer change
Ocado Group PLC, down 3.1% at 168.15p
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FTSE 100 & 250 movers in focus:
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Segro PLC, up 16% at 857.4 pence, 12-month range 604.4p-857.4p. Board rejects ProLogis Inc's possible combination proposal. San Francisco, California-based real estate investor ProLogis says Segro shareholders would receive 0.084 new ProLogis shares for each Segro share, implying a value of 925p per Segro share and of approximately GBP12.6 billion for the company. Calls this a "highly compelling opportunity" as the UK warehouse landlord's shareholders "would receive shares in the world's largest logistics REIT with a USD140.9 billion market capitalisation, unlocking, on closing, significant upside to the current share price." The proposal represents a 24.6% premium to Segro's closing share price of 742p on Tuesday, a 26.7% premium to its one-month volume-weighted average share price and a 31.4% premium to its three-month average. Urges shareholders to encourage the board to engage with ProLogis and allow it to present a binding offer for their consideration. Segro, in reponse, says it considered the proposal with advisers, but judged it to be "opportunistically timed" and says it "falls a long way short" of the firm's own views on its value.
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Berkeley Group Holdings PLC, up 5.1% at 3,621 pence, 12-month range 3,104p-4,434p. The Surrey, England-based housebuilder reports pretax profit of GBP451.4 million in the financial year that ended April 30, down 15% from GBP528.9 million a year prior. In March, the company reaffirmed its full-year target of GBP450 million in pretax profit. Revenue falls 4.2% to GBP2.38 billion from GBP2.49 billion. Berkley notes that this includes GBP2.27 billion of residential revenue, down from GBP2.43 billion, as well as GBP110.4 million of commercial revenue, up from GBP14.8 million. The company also reports GBP7.7 million of land sales, down from GBP39.5 million. Shareholder returns total GBP233.0 million for the year, down 39% from GBP381.5 million. All of the GBP233 million was returned via buybacks, while the prior year GBP129.7 million was via buybacks, GBP183.8 million was through special dividends and GBP68.0 million was through dividends paid. Berkeley says it is determined to play a "full part" in the UK government's housing and growth mission, but notes that given the "deteriorating" macroeconomic backdrop, "there is now a clear case for further government action beyond the initiatives announced to date."
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Gamma Communications PLC, down 10% at 790.75 pence, 12-month range 701p-1,138p. Providence Equity Partners withdraws from its consortium with Epiris LLP, which was floating a possible offer for Gamma, and confirms that it does not intend to make an offer for the Newbury, England-based cloud communications and voice services provider, as part of the consortium or otherwise. Epiris acknowledges Providence's announcement and says it continues " to consider its options regarding a possible offer for Gamma."
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By Emma Curzon, Alliance News reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
SegroTritax Big BoxBritish LandLand SecuritiesGames WorkshopAirtel AfricaLondon Stock ExchangePrudentialBAE SystemsGlencoreTelecom PlusBerkeley GroupBig YellowSdcl Ef. Inc TrHammersonTrainlineWPPGlobalDataGamma CommunicationsOcado