TR Property Investment Trust, a UK-based investment company, saw its shares leap after it announced plans to propose a conversion of the entire share capital of its Sigma shares into ordinary shares. The Sigma share class was approved in July 2007, but now the company wants to merge the underlying portfolios to produce an enlarged single share class, which it anticipates will have deeper liquidity.

Meanwhile, shares in waste management group Shanks plunged after it said it now expects results for the year to March 31st 2013 to be slightly below the current range of expectations after market conditions in the UK and Dutch solid waste markets deteriorated significantly in the first half. Although the group said it is delivering benefits from the investment programme and cost reduction plans, it warned these will not be enough in the short term to offset the challenging conditions in the Solid Waste markets.


FTSE 250 - Risers
TR Property Inv Trust Sigma Shares (TRYS) 79.00p +9.87%
Euromoney Institutional Investor (ERM) 796.50p +3.58%
Rank Group (RNK) 150.00p +2.74%
Essar Energy (ESSR) 119.80p +1.70%
London & Stamford Property (LSP) 115.00p +1.50%
Daejan Holdings (DJAN) 2,944.00p +1.38%
F&C Commercial Property Trust Ltd. (FCPT) 103.20p +1.18%
Wetherspoon (J.D.) (JDW) 480.00p +0.95%
Ted Baker (TED) 909.50p +0.94%
COLT Group SA (COLT) 118.30p +0.68%

FTSE 250 - Fallers
Bumi (BUMI) 145.00p -13.69%
Shanks Group (SKS) 80.50p -10.80%
Imagination Technologies Group (IMG) 472.60p -9.12%
Ferrexpo (FXPO) 195.30p -6.02%
Heritage Oil (HOIL) 197.30p -5.46%
Filtrona PLC (FLTR) 499.00p -4.95%
Talvivaara Mining Company (TALV) 149.60p -4.83%
African Barrick Gold (ABG) 436.20p -4.15%
Domino's Pizza Group (DOM) 540.50p -4.00%
Barratt Developments (BDEV) 167.70p -3.95%


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Related share prices
Shanks Group (SKS) share price
TR Property Inv Trust Sigma Shares (TRYS) share price