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LSE:CTEC 18 November 2025 - 22 May 2026

FTSE 100 up as BT gains; UK data tempers mood

FTSE 100 up as BT gains; UK data tempers mood

FTSE 100 opened higher on Friday, getting support from BT, Compass and 3i. Investors picked up UK stocks, betting on advances in U.S.-Iran talks, though new data pointed to softer demand in Britain. London’s main blue-chip index put on 38.41 points, or 0.37%, hitting 10,481.88. The FTSE 250 traded up 119.27 points, or 0.52%, at 23,067.19. BT climbed 3.74%. Compass was up 2.60%, and 3i added 2.27%. On the downside, ConvaTec, BP and Barratt Redrow slipped.
ConvaTec Share Price Falls as Novo Holdings Dumps 7.8% Stake While LTIMindtree Wins SAP Deal – 18 November 2025

ConvaTec Share Price Falls as Novo Holdings Dumps 7.8% Stake While LTIMindtree Wins SAP Deal – 18 November 2025

London, 18 November 2025 — ConvaTec Group Plc finished Tuesday lower after long‑time shareholder Novo Holdings A/S priced a £351 million secondary share offering that removes its entire stake in the FTSE 100 healthcare group. At the same time, IT services firm LTIMindtree disclosed a new SAP S/4HANA transformation contract with ConvaTec, underscoring the medtech company’s ongoing operational modernisation despite near‑term share price pressure. Reuters Novo Holdings — the investment arm of the Novo Nordisk Foundation and former largest shareholder in ConvaTec — has sold its entire holding in the company via an accelerated bookbuild to institutional investors. LSE
18 November 2025
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