14th Jul 2025 10:45
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday.
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AIM - WINNERS
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Pennant International Group PLC, up 15% at 29.85 pence, 12-month range 35.94p-22.10p. The systems support, technical services and training company enters an agreement with Siemens Digital Industries Software under which Siemens will be an original equipment manufacturing partner. It says Siemens is licensed to distribute Pennant's GenS technology as part of Siemens' Teamcenter software solutions.
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Ariana Resources PLC, up 9.2% at 1.61p, 12-month range 3.07p-0.90p. The mineral exploration and development company starts the hot-commissioning of the processing plant at the Tavsan mine in Turkey, in which it has a 23.5% interest. It expects the mine to achieve operational status from late July, ready for the start of gold production from the heap-leach. "We are very much looking forward to achieving the first gold pour from the Tavsan mine, enabling the first in-situ gold production from our second mine in Turkiye," says Managing Director Kerim Sener.
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AIM - LOSERS
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Alba Mineral Resources PLC, down 9.1% at 0.02p, 12-month range 0.06p-0.01p. The mineral explorer says it has raised GBP55,000 in a share placing to institutional investors. It enters an agreement to buy a majority stake in the Motzfeldt critical metals project, which is a niobium-tantalum-zirconium-rare earth element project in Greenland. The acquisition costs GBP30,000 in cash and GBP945,000 in shares.
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Primorus Investments PLC, down 4.1% at 3.98p, 12-month range 4.50p-2.63p. The investor in small and mid-cap companies' disposal of its shareholding in Pri0r1ty Intelligence Group PLC is under investigation by Pri0r1ty. Pri0r1ty says Primorus entered into a 12-month lock-in period from the date of its AIM admission, on December 30. Save for "limited circumstances" Primorus "agreed not to dispose of ordinary shares in the capital of the company" during the lock-up, Pri0r1ty says. In June, Primorus disposed of its 11.7 million Pri0r1ty shares for gross proceeds of GBP977,000. Pri0r1ty says: "The company and its advisers are continuing to investigate the circumstances surrounding Primorus Investments PLC's disposal of its shareholding in the company and in that context the company announces that it has sent a letter of claim to Primorus Investments PLC reserving its rights to commence legal proceedings against that entity seeking appropriate relief. The company awaits a substantive response from Primorus Investments PLC and will decide on next steps when it has received and considered that response."
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By Michael Hennessey, Alliance News reporter
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Related Shares:
Pennant InternationalArianaPrimorus Inv.Alba Mineral ResourcesPri0r1ty Int