FANTASY FIRM IS HAMMERED

SHARES in fantasy miniatures maker Games Workshop plunged 5pc after it warned over future performance.

The Nottinghambased retailer kept investors guessing after issuing an unusually brief statement to the stock market.

It said sales were ahead of last year with profits at a similar level, but added: ‘However, the board remains aware that there are some uncertainties in the trading periods ahead for the rest of the 2018/19 financial year. A further update will be given as appropriate.’

Russ Mould, investment director at broker AJ Bell, said: ‘A very shortly worded update paints a dark picture for the future. The market rarely likes brevity and it hates uncertainty, hence why its shares have taken a hit.’

Former Games Workshop chairman Tom Kirby sold more than £20m shares in the firm last month. Shares ended the day down 4.9pc, or 165p, at 3165p.