A spokesman for the Bristol-based company confirmed a report in the Financial Times of 10 August that shares rose by 5p to 133p on 9 August before slipping back to 132.5p.

The share price has continued to rise this year, boosted by increased profits and the acquisition in April of Prima, a London-based corporate clothing company specialising in the transport and security sectors.

Alexandra is the UK’s leading supplier of corporate uniforms and workwear across a broad range of business sectors including the NHS. New customers signed up last year included McDonald’s, the National Grid, Shell and Swissport, the latter two part of Alexandra’s growing Pan European accounts, where total sales increased by 50% year-on-year.

Alexandra’s operating profit grew by 7.4% to £5.64m in the year ending 31 January 2005.