9th Dec 2021 11:36
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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AIM - WINNERS
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CloudCall Group PLC, up 70% at 81.00 pence, 12-month range 47.00p-117.00p. The customer management software provider agrees to a GBP40 million acquisition by Xplorer Capital Management LLC. Under the deal, shareholders will receive 81.50p for each share held. The offer price is a 72% premium to the company's closing share price of 47.50p on Wednesday.
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Galileo Resources PLC, up 15% at 0.89p, 12-month range 0.75p-2.80p. The natural resource company says investee Glenover Phosphate Proprietary Ltd has agreed to sell some phosphate rock deposits and mining rights for ZAR250 million to Afrimat Ltd.
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AIM - LOSERS
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Active Energy Group PLC, down 41% at 0.19p, 12-month range 0.18p-1.95p. Shares in biomass-focused renewable energy business hit 12-month low after it nets GBP3.0 million via fundraise. Active Energy issues around 1.76 billion shares at a price of 0.2 pence each, which is a 38% discount to the 0.325p closing price on Wednesday. The funds will be used for engineering, design work, permitting and purchase of equipment for the Ashland biomass fuel facility in Maine.
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Driver Group PLC, down 18% at 51.42p, 12-month range 45.80p-71.49p. The engineering services provider says it is delaying the release of its financial 2021 results due to issues related to its principal customer in Oman.
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By Arvind Bhunjun; [email protected]
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