FTSE 250 movers: Apax Global Alpha in favour; Aston Martin hits reverse

The FTSE 250 was down 1.30% at 19,812.42 at 1417 BST on a quiet day for corporate news.

Shares in investment outfit Apax Global Alpha topped the risers after it revealed on Friday that the Apax X Fund, in which it is a limited partner, had sold its controlling stake in MyCase to AffiniPay.

Apax said the sale of MyCase, which provides cloud-based legal practice management software and payment services, valued AGA’s current look-through investment in the portfolio company at approximately โ‚ฌ22.5m, representing an uplift of about 48% to last unaffected valuations and roughly โ‚ฌ7.3m in the adjusted net asset value of AGA as of 31 March.

Shares in luxury car maker Aston Martin Lagonda were lower as fears of a slowdown in China, a key market for the firm, spooked investors.

FTSE 250 – Risers

Apax Global Alpha Limited (APAX) 194.60p 8.72%
CMC Markets (CMCX) 257.50p 7.74%
ICG Enterprise Trust (ICGT) 1,078.00p 6.31%
HarbourVest Global Private Equity Limited A Shs (HVPE) 2,270.00p 4.37%
NB Private Equity Partners Ltd. (NBPE) 1,425.00p 3.26%
Abrdn Private Equity Opportunities Trust (APEO) 486.00p 2.97%
Pantheon International (PIN) 271.00p 2.65%
Fidelity China Special Situations (FCSS) 276.50p 2.41%
3i Infrastructure (3IN) 362.00p 2.26%
Helios Towers (HTWS) 129.30p 2.21%

FTSE 250 – Fallers

Trustpilot Group (TRST) 87.85p -7.04%
Aston Martin Lagonda Global Holdings (AML) 613.20p -6.41%
Liontrust Asset Management (LIO) 994.00p -4.61%
PureTech Health (PRTC) 171.00p -4.47%
Kainos Group (KNOS) 1,161.00p -4.21%
Carnival (CCL) 837.80p -4.21%
Travis Perkins (TPK) 1,141.50p -4.08%
IWG (IWG) 234.70p -4.05%
Ferrexpo (FXPO) 172.70p -4.00%
FDM Group (Holdings) (FDM) 873.00p -3.75%

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