Sponsored by
Genus shares jump on bid talk
RUMOUR OF THE DAY SHARES in animal genetics company Genus jumped more than 8 per cent at one point in heavy volumes yesterday on market talk of an impending bid at 1,300p a share, traders said.
Genus declined to comment on the market speculation.
By the close of play, shares in the group were 2.4 per cent, or 20.5p, higher at 888.5p. They lost ground sharply after a regulatory filing showed that 67,700 shares had been sold on behalf of chief executive Richard Wood.
Four times the 30-day daily average volume had changed hands by about 4pm yesterday.
Headquartered in Basingstoke, Genus businesses operate in 30 countries on six continents, with research laboratories located in Madison, in the US.
Email to a friend
Print this page- Family mourn death of Glasgow ‘fight’ schoolboy
- Rangers takeover: Duff & Phelps threaten legal action against BBC
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers administration: Fans fear Duff & Phelps claims could scare off Green
- Rangers takeover: triple penalty punishment enough, says Johnston
- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Scottish independence: Alex Salmond’s pledge to sign up 1m voters
- Today’s youth not fit to be employed, says car firm Arnold Clark
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Sunday 27 May 2012
Today
Sunny
Temperature: 10 C to 22 C
Wind Speed: 12 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 9 C to 21 C
Wind Speed: 12 mph
Wind direction: North east
