Shares: Taking Stock

Baris, a fire protection and insulation group, has achieved its own nuclear strike - in the week of the British Energy share sale. It is buying Jordan Engineering which decommissions nuclear plant and equipment.

Jordan is an unsuccessful management buy out. The company, owned by 3i and its management, is being rescued by Baris which is paying pounds 2.5m with pounds 50,000 going to shareholders, the rest repaying debts. Baris is consolidating its shares and raising pounds 3.75m through an open offer and placing. Suspended at 22p, the shares are expected to return to market next month.

Dana Petroleum, half owned by institutions, gained 1.5p to 15p. The shares were 7p in March. Its developments in the former Soviet Union are said to be encouraging.