FTSE 250 movers: Bodycote jumps on offer; Oxford Biomedica slumps

1st Sep 2026 13:14

(Sharecast News) - FTSE 250 (MCX) 24,552.05 -1.55%

Bodycote jumped as it agreed to be taken over by US private equity firm Veritas Capital in a £1.65bn deal. Under the terms of the acquisition, Veritas - through its special purpose vehicle Vulcan Alpha Bidco - will pay 940p per share for Bodycote. This comprises 932.8p in cash and the FY26 interim dividend of 7.2p per share.

Oil stocks rose as Brent crude went above $92 a barrel in response to heightened tensions between the US and Iran. Energean, Diversified, Harbour and Ithaca all gained.

Oxford Biomedica shares slumped after Novartis paused trials of an autoimmune disease therapy following the death of three patients. Peer Bristol Myers Squibb did the same "out of an abundance of caution". Both pharma giants are customers of Oxford Biomedica.

FTSE 250 - Risers

Bodycote (BOY) 954.00p 4.49%

Drax Group (DRX) 807.50p 4.19%

Energean (ENOG) 762.00p 3.96%

Diversified Energy Company (DI) (DEC) 1,114.00p 2.77%

Applied Nutrition (APN) 325.00p 2.69%

Victrex plc (VCT) 857.00p 1.90%

Paragon Banking Group (PAG) 810.00p 1.57%

Ithaca Energy (ITH) 279.70p 1.56%

Harbour Energy (HBR) 254.40p 1.51%

Lancashire Holdings Limited (LRE) 625.00p 1.46%

FTSE 250 - Fallers

Oxford Biomedica (OXB) 452.50p -13.03%

Endeavour Mining (EDV) 4,367.00p -8.14%

Ceres Power Holdings (CWR) 365.20p -6.92%

Hochschild Mining (HOC) 622.50p -6.82%

Oxford Nanopore Technologies (ONT) 164.80p -6.42%

Pan African Resources (PAF) 127.80p -6.24%

Trustpilot Group (TRST) 277.60p -5.00%

Globaldata (DATA) 79.95p -4.82%

BlackRock World Mining Trust (BRWM) 1,010.00p -4.72%

Renishaw (RSW) 4,876.00p -4.41%