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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 250 movers: ITV surges on bid talk; Hochschild slips

(Sharecast News) - FTSE 250 (MCX) 20,630.15 0.24% Shares in ITV surged on Monday following a report over the weekend that potential suitors have begun circling the broadcaster again after a prolonged period of share price weakness and renewed questions about its long-term strategic destiny.

According to Sky News, a number of possible bidders for parts or all of the company, whose biggest shows include Love Island, have in recent weeks held early-stage discussions about teaming up to pursue a potential transaction.

TV industry sources told Sky that CVC Capital Partners and a major European broadcaster - thought to be France's Groupe TF1 - were among those which had been starting to study the merits of a potential offer.

Hochschild Mining led the fallers, down 3.3%.

Market Movers

FTSE 250 - Risers

ITV (ITV) 72.00p 9.92% Ocado Group (OCDO) 328.50p 7.32% Close Brothers Group (CBG) 210.40p 4.99% XPS Pensions Group (XPS) 370.00p 4.52% Aston Martin Lagonda Global Holdings (AML) 110.20p 4.26% Dr. Martens (DOCS) 58.50p 3.72% CMC Markets (CMCX) 272.50p 3.22% Just Group (JUST) 145.60p 3.12% Baillie Gifford US Growth Trust (USA) 267.50p 2.88% Me Group International (MEGP) 220.50p 2.80%

FTSE 250 - Fallers

Hochschild Mining (HOC) 216.50p -3.35% Dunelm Group (DNLM) 1,125.00p -2.51% Investec (INVP) 580.00p -2.27% Foresight Environmental Infrastructure Limited (FGEN) 74.20p -2.11% Pets at Home Group (PETS) 274.60p -1.93% International Workplace Group (IWG) 163.80p -1.80% Hilton Food Group (HFG) 904.00p -1.74% 4Imprint Group (FOUR) 4,960.00p -1.59% Endeavour Mining (EDV) 1,568.00p -1.57% AJ Bell (AJB) 461.50p -1.49%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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