(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
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AIM - WINNERS
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Morses Club, up almost three-fold at 1.34 pence, 12-month range 0.30p-59.11p. Shares jump after a 60% fall to 0.47p for the Nottingham-based doorstep lender on Thursday. Morses on Friday says that JO Hambro Capital Management Ltd sells its entire stake in the company. JO Hambro had owned 8.8 million shares and had committed to support the company's proposed delisting from AIM. This means shareholder support for the delisting announced on Thursday has fallen to just under 45% from 51%. It needs the support of 75% of shareholders.
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AIM - LOSERS
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Keywords Studios PLC, down 3.4% at 2,606.64p, 12-month range 1,950.00p-3,056.00p. HSBC cuts the services provider to the video-game industry to 'hold' from 'buy'. Shares in Keywords have fallen 8.9% so far this week.
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Applied Graphene Materials PLC, down 8.1% at 6.71p, 12-month range 3.00p-28.00p. The graphene materials maker says its available working capital will be fully depleted by the end of February, should no interim financing become available. Applied says it took mitigating action to extend its cash runway beyond January 31. It adds that discussions with interested buyers of the company continue. Completion of any deal will only occur once regulatory and shareholder approvals are received. It does not expect this to happen until after January 31. Notes end of this month is the deadline for its annual results for the year to July 31. It is working with auditors RSM UK Audit LLP. Should they be reported after this date, shares will be suspended.
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By Eric Cunha, Alliance News news editor
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