26th Jul 2021 10:55
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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TP Group PLC, up 13% at 3.73, 12-month range 3.15p-7.60p. Confirms Maritime Engineering unit no longer for sale as series of offers did not meet valuation expectations. The consulting, software and engineering company says it received "significant interest" in unit. In addition, TP Group names David Lindsay as permanent chief executive. Lindsay took over as interim CEO earlier in July, replacing Phil Cartmell, who stepped down at the end of June.
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CentralNic Group PLC, up 10% at 98.00 pence, 12-month range 72.00p-105.96p. The domain name registry and registrar services firm says second quarter revenue jumps 63% to USD90 million, includes record organic growth of 25%. Tips first half annual revenue hike of 56% to USD174.3 million and adjusted earnings before interest, tax, depreciation and amortisation of USD20 million, up 32%.
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Mobile Streams PLC, up 4.6% at 0.23 pence, 12-month range 0.19p-0.50p. Alongside partner Quanta launches LiveScores platform in Mexico. To add GBP100,000 worth of revenue in first year. In addition, names Rama Uthayanan as finance director immediately. Uthayanan was formerly head of international legal affairs at Enterprise Oil PLC, a former FTSE 100 constituent acquired by Royal Dutch Shell PLC in 2002.
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AIM - LOSERS
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RTC Group PLC, down 20% at 40.10p, 12-month range 33.00p-55.00p. Reports a fall in profit during a virus-hit first half of 2021. Pretax profit for the six months ended June 30 falls 30% to GBP162,000, from GBP231,000 the same period a year before. The recruitment company posts revenue of GBP40.5 million, up 1.5% year-on-year from GBP39.9 million.
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Metal Tiger PLC, down 8.2% at 23.88p, 12-month range 18.50p-34.50p. Plans to raise AUD5.0 million, about GBP2.7 million. Natural resource investor will raise the funds through a placing on the Australian Securities Exchange. Says 13.5 million CHESS depositary interests to fetch 0.37 cents each. Sydney-listed Metal Tiger shares closed at 0.50 cents, meaning the placing reflects a 26% discount.
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By Eric Cunha; [email protected]
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