Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTern Share News (TERN)

Share Price Information for Tern (TERN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.70
Bid: 2.60
Ask: 2.80
Change: 0.10 (3.85%)
Spread: 0.20 (7.692%)
Open: 2.60
High: 2.70
Low: 2.60
Prev. Close: 2.60
TERN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Tern raises GBP6 million; Kromek revenue down

Wed, 14th Jul 2021 11:30

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

----------

AIM - WINNERS

----------

Symphony Environmental Technologies, up 11% at 21.17 pence, 12-month range 10.65p-47.0p. The anti-microbial plastic technologies firm receives approval from the US Food & Drug Administration for its d2p antimicrobial food contact technology.

----------

88 Energy, up 7.9% at 1.89p, 12-month range 0.24p-4.70p. The Alaska-focused oil exploration and appraisal company says additional phase one geochemical analysis of fluid extracts from Merlin-1 well core samples again demonstrates the presence of hydrocarbons. Results from phase two of side-wall core trim analysis are expected in the next few weeks. Phase two is designed to confirm not only the presence of oil but also the nature of the source rock, to help understand the likely quality of the oil as well as migration pathways.

----------

Alpha FX Group, up 6.7% at 1,665.00p, 12-month range 677p-1,720p. The foreign exchange risk management and international payments firm says trading in the first half ended June 30 has been "strong" across its business, with revenue up 89% year on year at GBP34 million. Adds 84 new clients and notes average revenue per client continued to increase. The company expects to exceed current internal expectations for 2021, on the back of continued strong trading. In 2020, saw revenue of GBP46.2 million with pretax profit of GBP17.1 million.

----------

Avacta, up 5.9% at 143.56p, 12-month range 88.66p-291.80p. The developer of diagnostics and cancer therapies says Life Sciences unit gets ISO 13485 certification for the quality management system for the manufacture and distribution of Affimer reagents for use in lateral flow, ELISA and immunodiagnostic in-vitro diagnostic devices.

----------

Fulcrum Utility Services, up 5.6% at 32.74p, 12-month range 28.25p-43.60p. The energy and multi-utility services provider wins new GBP4.9 million multi-utility infrastructure contract from unnamed "large investor developer", for a "major" new employment park in the West Midlands. As part of the contract, the company will design and install a high voltage primary substation and the electricity, water, and gas infrastructure to "energise and power" the new development.

----------

AIM - LOSERS

----------

Tern, down 13% at 19.40p, 12-month range 5.50p-31.67p. The investment firm completes fundraise at the issue price of 18.8p per share. The retail offer and subscription were both oversubscribed and the company said it raised GBP2 million and GBP4 million, respectively. "We intend to utilise the proceeds to maximise the value to our shareholders of our portfolio, and I look forward to providing further updates in due course," says Chief Executive Al Sisto.

----------

Kromek Group, down 7.0% at 15.00p, 12-month range 7.66p-25.20p. The detection technology firm says revenue totalled GBP10.4 million for the financial year that ended April 30 versus GBP13.1 million the year before. Pretax loss, however, narrows to GBP6.3 million from GBP18.3 million loss the year prior. This is due to non-repeat of GBP13.1 million of exceptional impairment losses on trade receivables and amounts recoverable on contracts. Separately, Kromek says it wins new contracts and orders across all segments for delivery this year.

----------

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Oct 2016 13:03

Tern puts another £2m into Device Authority

(ShareCast News) - Cloud and internet of things specialist Tern announced on Wednesday that it has invested £2m in Device Authority, as the lead investor in a £2.5m funding round. The AIM-traded firm described Device Authority as a "global leader" in policy and device-driven security for the interne

Read more
7 Sep 2016 14:37

Tern's Device Authority partners with DigiCert

(ShareCast News) - Cloud and Internet of Things (IoT) specialist company Tern announced on Wednesday that its subsidiary, Device Authority, has entered a strategic partnership with DigiCert, a global provider of trusted identity and authentication solutions, to provide enhanced device provisioning a

Read more
21 Jul 2016 14:27

Tern makes progress with Flexiant debtors

(ShareCast News) - Cloud and mobile sector investment company Tern announced on Thursday that the two business units acquired from Flexiant Limited for £0.075m are well advanced. In a short update, the firm said both units had significant changes being implemented to improve performance. "Trading h

Read more
19 Jul 2016 10:01

Tern Raises GBP525,000 In Share Placing (ALLISS)

Read more
27 Jun 2016 10:43

Tern Shares Says Device Authority Expands And Secures Recognition

Read more
24 Jun 2016 13:31

Tern acquires Flexiant business divisions

(ShareCast News) - Cloud and mobile sector investing company Tern announced on Friday that it has successfully completed the acquisition of the assets and businesses of the Research and Multi Cloud Management divisions of Flexiant. The AIM-traded firm said it partnered with Flexiscale Technology, wh

Read more
9 Jun 2016 16:06

Tern celebrates success at Device authority

(ShareCast News) - Tern was celebrating success at one of its investee companies on Thursday, with policy and device driven security firm Device Authority named the UK's Most Innovative Small Cyber Security Company by techUK's Cyber Connect programme and the Department for Culture, Media and Sport.

Read more
9 Jun 2016 08:32

Tern Says Flexiant Deal Will Not Proceed As Planned But Still In Talks

Read more
26 May 2016 08:23

Tern Acquires Cloud Software Firm Flexiant In Shares (ALLISS)

Read more
21 Apr 2016 07:42

Tern's Cryptosoft To Become Device Authority Following Acquisition

Read more
1 Mar 2016 10:38

Tern Says Cryptosoft Teams Up With Symantec For Encryption Services

Read more
19 Feb 2016 08:01

Tern Raises GBP1.1 Million To Invest In Existing Portfolio (ALLISS)

Read more
9 Feb 2016 09:54

Tern Says Cryptosoft Hires Dan McDuffie As Board Advisor

Read more
26 Jan 2016 10:33

Tern Loss Widens As It Books Higher Costs, Offsetting Revenue Rise

Read more
29 Dec 2015 09:07

DIRECTOR DEALINGS: Tern Directors Convert Loan Stock Into Shares

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.