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(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.
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AIM - WINNERS
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Pri0r1ty Intelligence Group PLC, up 25% at 4.39 pence, 12-month range 3.25p-11.25p. Reported on Tuesday it had won a "significant" contract with blood cancer charity Leukaemia Care, worth up to GBP100,000. Subsidiary Pri0r1ty AI Ltd will develop an AI-powered information hub and website platform to enhance the charity's digital communication. The deal expands Pri0r1ty's presence in the charity and healthcare sectors, "demonstrating the versatility of its AI platform across different industries", the firm says. Leukaemia care will also receive a year's subscription to Pri0r1ty's core software-as-a-service offering as part of the deal, which Pri0r1ty believes "will open up significant opportunity for further AI consultancy projects to deliver strong additional revenue to the group."
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Oracle Power PLC, up 17% at 0.019 pence, 12-month range 0.010p-0.060p. Receives positive assay results that exceeded expectations from the first two reverse circulation drill holes within its eleven drill hole programme at the Northern Zone Intrusive Hosted gold project in Western Australia. Says drilling returned "significant" shallow gold intercepts from the two holes, and further drilling is now underway before Oracle and partner Riversgold Ltd begin preparing a mineral resource estimate. "We have core from nine more drill holes in the lab awaiting analysis with results expected in due course and further to this initial RC work, we will now be undertaking a further 2,000m of drilling starting today," says Oracle Chief Executive Officer Naheed Memon.
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AIM - LOSERS
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Trakm8 Holdings PLC, down 36% at 3.05p, 12-month range 3.05p-14.50p. Reduces its full-year guidance. Now expects financial 2025 revenue to be just under 10% lower than the year before, as an anticipated Optimisation contract "will not now be forthcoming". The provider of fleet management software and data to insurers warned that there would be a consequential impact on annual profit, too. Conditions in the Insurance market also remain poor, Trakm8 added.
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Serica Energy PLC, down 9.2% at 125.78p, 12-month range 114.80p-206.80p. Says production at the Triton floating production storage and offloading vessel is now not expected to restart before May. Serica previously guided for critical repairs to be completed and production to begin again in mid-to-late March. The North Sea-focused oil and gas producer is in talks with operator Dana Petroleum to secure lasting improvement for the FPSO's performance, following 12 months of ongoing issues.
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By Emily Parsons, Alliance News reporter
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