(Alliance News) – The following stocks are the main risers and fallers on AIM in London on Thursday.
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GOAL – WINNER
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SRT Marine Systems PLC, up 18% at 54.2 pence, 12-month range 23.6p-58p. The provider of maritime domain awareness systems and technologies for surveillance, security, safety and environmental protection rises on a contract win. Signs a USD180 million contract to provide integrated maritime surveillance and intelligence systems to an unspecified national Coast Guard. It says the signing took place in a “confidential ceremony” at coast guard headquarters on Wednesday. The project is expected to take two years to implement, with a support and data services period of eight years thereafter. “We look forward to a long relationship with our expectation that this will be just the first of many contracts in the years and decades to come,” says CEO Simon Tucker.
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MyHealthChecked PLC, up 16% at 25.43p, 12-month range 16.5p-38.1p. The home testing consumer healthcare company signs a deal with Boots UK Ltd to launch an extended range of its products on boots.com and across Boots stores in the UK. It says that the contract is through its subsidiary Concepta Diagonstics Ltd. Under the agreement, Boots will stock 14 of its different test panels, starting from May this year. Tests and sample collection kits will be available for thyroid function testing, food intolerances and sensitivities, and vitamin profiles. “Following the launch of our expanded product portfolio, our focus will turn to continued customer guidance as we fund our investment in the evolution of our technology platform,” says Cap Executive Penny McCormick.
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GOAL – LOST
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IQE PLC, down 14% at 20.15p, 12-month range 19.75p-60.8p. The Cardiff-based semiconductor company raises GBP30 million in the placing of 150.0 million shares at 20p each, with the issue price a 15% discount to Wednesday’s closing price of 23.5 p. On Wednesday, IQE said that the fundraising was to ensure that the company can continue to invest to execute its strategy, meet its liquidity requirements in the near term, and give a sustainable position of -forward balance sheet.
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Christie Group PLC, down 14% at 129.95p, 12-month range 100p-154.9p. The provider of professional and financial services, stock and inventory services for various sectors says that the full-year performance will have a “more pronounced second half weight” than previously expected. This is a result of “the coincidental sale of exceptionally large portfolios of Dental, Pharmacy and Nursing Home assets on a unit-by-unit basis”, the firm says. Due to timing, the industry’s business mortgage lending teams and “non-conflict specialist” chartered architects are fully utilized, causing delays in timing. This led to a backlog of transactions, which carried some of the first half’s revenue into the second half.
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By Elizabeth Winter, senior markets reporter for Alleanza News
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