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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: Wood Group surges; Zigup stalls

(Sharecast News) - FTSE 250 (MCX) 20,964.18 0.34% Wood Group shares surged on Wednesday, although there was no apparent reason for the rise.

Victrex jumped after an upgrade to 'buy' at Jefferies. The stock spiked on Tuesday, despite a slide in annual profits, after the polymer specialist said 2025 had got off to a "solid" start.

Zigup, formerly Redde Northgate, slumped as it posted a drop in interim profit and revenue in a mixed half-year, with underlying revenues growing 5.6% to £775m on the back of robust performances in vehicle hire and claims services, although reported revenue slipped 0.8% to £903.6m due to weaker vehicle sales.

Market Movers

FTSE 250 - Risers

Wood Group (John) (WG.) 65.15p 11.46% Victrex plc (VCT) 1,080.00p 7.57% Close Brothers Group (CBG) 221.80p 6.53% Kainos Group (KNOS) 804.00p 5.37% Bakkavor Group (BAKK) 147.50p 4.98% Foresight Group Holdings Limited NPV (FSG) 414.00p 4.55% SDCL Energy Efficiency Income Trust (SEIT) 54.20p 4.43% Alpha Group International (ALPH) 2,290.00p 4.09% W.A.G Payment Solutions (WPS) 83.80p 3.97% Ocado Group (OCDO) 319.60p 3.90%

FTSE 250 - Fallers

Zigup (ZIG) 343.00p -10.44% Auction Technology Group (ATG) 547.00p -2.84% St James's Place (STJ) 876.00p -2.34% Me Group International (MEGP) 221.00p -2.00% Baltic Classifieds Group (BCG) 344.50p -1.43% 4Imprint Group (FOUR) 4,985.00p -1.29% Bloomsbury Publishing (BMY) 666.00p -1.19% Morgan Sindall Group (MGNS) 3,805.00p -1.17% Wetherspoon (J.D.) (JDW) 633.00p -1.09% Babcock International Group (BAB) 522.00p -1.04%

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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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