Good morning, it’s Paul here with the SCVR for Weds. This is a placeholder post, to enable readers to add your comments from 7am. I’ll be writing the main report throughout the morning, adding each section as it’s written. Official finish time is 1pm each weekday. Estimated timings today – I’m running a bit late, so will keep writing until 4pm. Let’s start with the three biggest % fallers today, which are all struggling to find buyers or refinancing; Proactis Holdings (LON:PHD) Share price: 32.5p (down 31%, at 10:26)No. shares: 95.5mMarket cap: £31.0m Conclusion of Formal Sale Process (FSP) Proactis Holdings PLC (“Proactis”, the “Group” or the “Company”), the global spend management solution provider, announces the conclusion of the formal sale process (“FSP”) announced on 29 July 2019. No firm proposals have been received. That’s clearly bad news – I tend to stay away from any share where the company has conducted a lengthy sale process and nothing has come of it. What does that tell us? That potential buyers have had a look, and don’t think much of it. There’s no other possible conclusion, in my view. I last…
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