13th Oct 2025 10:16
(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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Strategic Minerals PLC, up 37% at 0.65 pence, 12-month range 0.0025p-0.75p. It reports "exceptional" drilling results at the Redmoor tungsten-tin-copper project in Cornwall. "These initial results demonstrate high tungsten grades and support Redmoor's position as one of the highest-grade deposits globally," Strategic Minerals said. It is now reviewing the geological log and analytical data from a borehole at Redmoor, which could "provide further project upside".
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Serica Energy PLC, up 7.9% at 193.46p, 12-month range 112.00p-217.00p. It has struck an agreement to acquire the entirety of BP PLC's stake in the P111 and P2544 licences in the UK Central North Sea. North Sea-focused oil and gas producer Serica will pay USD232 million upfront to BP. The deal includes the oil major's 32% interests in P111, which contains the Culzean gas condensate field, and the adjacent P2544. TotalEnergies SE owns just under 50% of Culzean, "the largest single producing gas field in the UK North Sea", Serica adds. Neo Next owns just over 18%. "As per the terms of the joint operating agreement between the Culzean field partners, the proposed acquisition announced today is subject to a pre-emption period which runs for 30 days, with each of the Culzean field partners having the option to acquire BP's stake in the licences on the same terms as those agreed by Serica," Serica says. Serica Chief Executive Officer Chris Cox says the buy will be a "step-change" for the company, should it be completed. "Culzean is a world-class asset, delivering gas from a modern platform with exceptionally high uptime and low emissions," Cox adds.
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AIM - LOSERS
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WH Ireland Group PLC, down 17% at 1.04p, 12-month range 0.30p-3.19p. Shares return more recent progress after a 17% slide on Friday. On Thursday, the London-based wealth management company reported the proposed GBP1 million sale of its wealth management business to Oberon Investments Ltd was vetoed by shareholders, along with its AIM delisting. Last month, WH Ireland said it struck a deal with Oberon Investments to sell the division for GBP1 million in cash, and proposed the delisting of its shares from London's junior market. WH Ireland shares had shot up 20% on Thursday ahead of the meeting. On Wednesday, the stock jumped more than threefold. WH Ireland said it will consult its key shareholders with regard to the future plans for the business, noting that while it continues to be loss making, it has "sufficient liquidity and regulatory capital" to operate on a business as usual basis.
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By Eric Cunha, Alliance News news editor
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Related Shares:
Strategic MineralsWHIrelandSerica EnergyBP