Housebuilder Countryside’s shares rose by 4.67% following a flurry of announcements focused on boosting its partnerships business today.
The FTSE 250 company opened trading following the news that it would split off its housebuilding business and focus on partnerships with a fresh 10,000-home deal with Places for People.
It confirmed a forecast 77% decline in profit, but laid out a plan to grow the business and its margins. Chairman David Howell also announced that he would step down from the board after five years.
Countryside shares ended the day at 461.1p.
Elsewhere, MJ Gleeson was up by 12.89% to 788p, after revealing plans to reinstate its dividend on strong performance.
Further rises were seen by Capital & Regional, which surged by 11.3% to 65p, and NewRiver REIT, up 7.9% to 86.6p.
The FTSE 100 lifted by 0.42% to 6,490 and the FTSE ended up 1.28% at 20,132.
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