Market report: Dean Corporation trades at 7p

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DEAN CORPORATION, in its new slim-line form following the hiving off of its housebuilding and pub refurbishment operations, traded at 7p.

The demerged business, called Artisan, was around 6p on AIM. Before the splits the group's shares were 10.5p. Dean, which is due to become Environmental Property Services, hopes the break will improve its share price which hit 19.5p earlier this year. It has paid pounds 2.75m for IPM Engineering.