Less Ads, More Data, More Tools Register for FREE

Pin to quick picksALM.L Share News (ALM)

  • There is currently no data for ALM

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 £13.82m in the six month ended June compared with £3.23m last year. Revenues for the first half fell to £84.5m (2008: £96.8m), 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%

Related News

IN BRIEF: Allied Minds shareholders vote to de-list at end of November
2 Nov 2022

IN BRIEF: Allied Minds shareholders vote to de-list at end of November

Allied Minds PLC - Boston, Massachusetts-based firm based IP commercialisation firm - Shareholders at general meeting on Wednesday approve plan to de-...

Director dealings: Allied Minds non-exec buys 0.5m shares
31 Oct 2022

Director dealings: Allied Minds non-exec buys 0.5m shares

(Sharecast News) - Intellectual property commercialisation company Allied Minds was in the green on Monday afternoon, after one of its non-executive d...

ALM.L News

London close: Stocks pull out of tailspin
14 Jul 2009

London close: Stocks pull out of tailspin

Indecision on Wall Street prompted a spell of profit taking in the UK in the middle of the afternoon session which threatened to wipe out the morning'...

London afternoon: Footsie climbs despite weak retailers
14 Jul 2009

London afternoon: Footsie climbs despite weak retailers

London's leading shares continue to edge higher, with sentiment given a boost in the afternoon by expectations of a moderately firm start on Wall Stre...

TechMARK movers: Dialight up on US order
14 Jul 2009

TechMARK movers: Dialight up on US order

LED technology specialist Dialight gained on news that two major North American metering companies have ordered more than 100,000 combined units of it...

London midday: Early gains are consolidated
14 Jul 2009

London midday: Early gains are consolidated

The Footsie is trading sideways, holding on to gains after a bright start. Inflation data was much as expected, with the inflation rate falling below ...

Alphameric moves into the black, reinstates divi
14 Jul 2009

Alphameric moves into the black, reinstates divi

Bookmaker technology group Alphameric posted a first half pre-tax profit helped by bumper demand for its TurfTV joint venture and better results from ...