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TechMARK movers: Alphameric jumps on bid

Thu, 13th Aug 2009 13:11
Betting software group Alphameric has received a bid approach, sending its shares to their highest in a year-and-a-half. "The board of directors of Alphameric notes the recent movement in its share price and announces it has received a very early stage expression of interest from a third party which may or may not lead to an offer being made for the company," read a brief statement. "These discussions are at a preliminary stage and shareholders should be aware that there is no certainty that an offer will be forthcoming." The announcement followed a 10% surge in the shares during the first few hours of trade.Mobile computer software firm Psion saw pre-tax losses widen in the first half of the year but said it expects a modest improvement in revenue in the second half. Pre-tax losses increased to ÂŁ13.82m in the six month ended June compared with ÂŁ3.23m last year. Revenues for the first half fell to ÂŁ84.5m (2008: ÂŁ96.8m), down 27% at constant currency. The group is maintaining the interim dividend at 1.2p for the year.FTSE TechMARK - RisersAlphameric (ALM) 33.50p +22.94%Visonic (VSC) 65.50p +3.15%Psion (PON) 70.25p +2.93%Renovo Group (RNVO) 27.50p +2.80%Intec Telecom (ITL) 90.50p +2.55%Oxford Biomedica (OXB) 11.25p +2.27%Ark Therapeutics (AKT) 50.50p +2.02%Vislink (VLK) 26.75p +1.90%Kofax (KFX) 150.00p +1.69%Puricore (PURI) 19.00p +1.33%FTSE TechMARK - FallersFiltronic (FTC) 34.00p -4.90%E2V Technologies (E2V) 50.00p -3.85%Skyepharma (SKP) 102.00p -3.09%Sepura (SEPU) 47.50p -3.06%Wolfson Microelectronics (WLF) 134.75p -2.36%ProStrakan (PSK) 116.50p -2.10%Kewill (KWL) 79.00p -1.86%Microgen (MCGN) 76.50p -1.29%Vernalis (VER) 90.00p -1.10%Celsis (CEL) 233.50p -0.85%

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