London’s FTSE 250 was down 1.5% at 23,412.35 in afternoon trade on Thursday.
Dr Martens tumbled after private equity firm Permira sold 65m shares in the iconic bootmaker in a placing, which made up around 15% of its holdings.
The shares were placed at 395p each, raising gross proceeds of around £257m. Following the placing, Permira will hold just over 364m shares in Dr Martens, which is around 36.4% of the issued share capital.
Greggs was also on the back foot as it said the full-year outcome looked set to be “slightly ahead” of its previous expectations, and announced that retail and property director Roisin Currie will succeed long-serving chief executive Roger Whiteside.
FTSE 250 – Risers
Syncona Limited NPV (SYNC) 211.00p 3.43%
Babcock International Group (BAB) 338.30p 3.42%
Plus500 Ltd (DI) (PLUS) 1,421.50p 1.86%
Just Group (JUST) 84.80p 1.86%
Capricorn Energy (CNE) 196.60p 1.65%
Aston Martin Lagonda Global Holdings (AML) 1,375.00p 1.40%
Wood Group (John) (WG.) 205.80p 1.33%
Beazley (BEZ) 477.70p 1.23%
Baltic Classifieds Group (BCG) 249.00p 1.22%
Investec (INVP) 420.30p 1.20%
FTSE 250 – Fallers
Dr. Martens (DOCS) 375.00p -11.01%
Liontrust Asset Management (LIO) 1,988.00p -6.89%
Trustpilot Group (TRST) 296.00p -6.80%
Molten Ventures (GROW) 912.00p -6.75%
Bridgepoint Group (Reg S) (BPT) 440.00p -6.58%
Greggs (GRG) 3,154.00p -6.47%
Oxford Biomedica (OXB) 1,130.00p -5.99%
BB Healthcare Trust (Red) (BBH) 183.80p -5.94%
Impax Environmental Markets (IEM) 516.00p -5.84%
Edinburgh Worldwide Inv Trust (EWI) 266.50p -5.50%
