Click to follow
The Independent Online
rThe reshaping of Farringford as one of the new-style pub companies continues with Alastair Mowat, ex-Scottish & Newcastle, moving in as chief executive. In August Farringford, which had survived by running just one Isle of Wight hotel, took on the management of 210 former Scottish pubs. Trevor Hemmings, a director of the brewing giant, is a big shareholder. Other pub deals are expected. The shares held at 15.5p; they were 6p in August.

rCedardata, the supplier of financial accounting computer software, fell 4p to 172p. Gidon Shamir has resigned as a non-executive director and Greig Middleton, the stockbroker, placed his family's shareholding of 1 million shares with institutions at 167.5p. It came to market 18 months ago at 105p.