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(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
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AIM - WINNERS
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Arena Events Group PLC, up 39% at 12.84 pence, 12-month range 4p-22p. Shares in the company, which provides temporary event structures such as seating and ice rinks, rise after UK Prime Minister Boris Johnson unveils England's lockdown reopening roadmap. From May 17 at the earliest, crowds of up to 10,000 in the largest venues will be allowed at performances and sporting events. From June 21, larger events could be allowed to go ahead and nightclubs could finally reopen. Arena Events has worked on big events including the London Marathon and the RHS Chelsea Flower Show.
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i3 Energy PLC, up 15% at 6.705p, 12-month range 3p-9.11p. The UK and Canada-focused oil and gas firm unveils plans to declare a maiden dividend for the first quarter of its financial year, on top of stable production achieved in the previous three months. Says that for the three months ended January 31, production averaged 9,150 barrels of oil equivalent per day, while i3 Energy's portfolio continues to perform above expectations. i3 Energy will declare its maiden dividend in the first quarter of 2021, subject to loan note holder, judicial and shareholder approval.
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Jet2 PLC, up 4.6% at 1,391.00p, 12-month range 182.5p-1,858.8p. Airlines also are benefiting from the UK prime minister's timetable for easing virus restrictions, with travel firms experiencing a surge in demand. In the hours after Johnson's announcement, easyJet says bookings by UK customers for the summer season were more than four times higher compared with the same period during the previous week. Shares in easyJet are up 8.5% at 968.26p on Tuesday. Online travel firm Thomas Cook says traffic to its website was up 60% during the three hours after Johnson's statement to the Commons.
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AIM - LOSERS
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Coro Energy PLC, down 17% at 0.4335p, 12-month range 0.22p-1.24p. The South East Asian energy company raises GBP4.5 million via placing of 1.13 billion shares at 0.4p each. Additional proceeds of up to GBP500,000 will be raised under an open offer.
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Arcontech Group PLC, down 15% at 160.07p, 12-month range 100p-214p. The provider of products and services for real-time financial market data processing says turnover increases by 4.7% to GBP1.5 million in the six months to the end of 2020, but pretax profit falls to GBP506,237 from GBP551,847
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By Lucy Heming;Â lucyheming@alliancenews.com
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