FTSE 250 movers: Auction Technology gains; SSP retreats

(Sharecast News) - London's FTSE 250 was up 0.2% at 23,182.41in afternoon trade on Wednesday.
Online auction platform Auction Technology gained after saying it has now received all antitrust and regulatory clearances - including from the UK's Competition and Markets Authority - for its acquisition of LiveAuctioneers.

The company announced in June that it had agreed to buy the US arts and antiques marketplace for $525m. It said on Wednesday that it now expects the deal to complete "shortly".

Upper Crust and Ritazza owner SSP fell after saying sales in the latest week were half of pre-pandemic levels, as it remained cautious on the pace of the recovery.

SSP said it was assuming a slightly slower recovery in sales during the 2022 financial year due to uncertainty in the pace of post pandemic recovery. Revenue in the latest week of the year was 53% of 2019 levels.



FTSE 250 - Risers

Trustpilot Group (TRST) 357.80p 4.31%
Auction Technology Group (ATG) 1,338.00p 3.40%
Future (FUTR) 3,710.00p 2.77%
Kainos Group (KNOS) 1,915.00p 2.63%
Ferrexpo (FXPO) 317.20p 2.39%
Indivior (INDV) 215.40p 2.28%
Reach (RCH) 359.00p 2.28%
Playtech (PTEC) 454.00p 2.16%
Liontrust Asset Management (LIO) 2,155.00p 2.13%
Currys (CURY) 135.00p 2.12%

FTSE 250 - Fallers

SSP Group (SSPG) 270.30p -6.70%
Syncona Limited NPV (SYNC) 163.00p -3.89%
Baltic Classifieds Group (BCG) 200.00p -3.85%
Mitchells & Butlers (MAB) 248.20p -3.27%
AO World (AO.) 221.80p -3.06%
Harbour Energy (HBR) 361.40p -2.85%
Wood Group (John) (WG.) 225.00p -2.05%
Elementis (ELM) 147.50p -1.93%
FirstGroup (FGP) 87.50p -1.80%
Wetherspoon (J.D.) (JDW) 1,041.00p -1.79%