Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTeam17 Share News (TM17)

Share Price Information for Team17 (TM17)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 280.00
Bid: 275.00
Ask: 285.00
Change: -1.00 (-0.36%)
Spread: 10.00 (3.636%)
Open: 272.50
High: 277.00
Low: 277.00
Prev. Close: 278.00
TM17 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: Unbound soars on potential takeover offer

Tue, 28th Mar 2023 10:40

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

----------

AIM - WINNERS

----------

Unbound Group PLC, up 95% at 7.79 pence, 12-month range 3p-40.8p. The footwear retailer says it is in discussions with clothing company WoolOvers Group about a potential takeover offer at 10.5p per share, plus one contingent value right per Unbound share. "The contingent value right would give Unbound shareholders the right to receive any net proceeds if Unbound's ongoing business interruption insurance claim relating to the Covid-19 pandemic lockdowns is successful," it explains. Unbound says it would be minded to accept an offer on such terms, which represents a hefty premium to Monday's closing price of 4p, if a firm offer is made in due course.

----------

Verditek PLC, up 48% at 1.29p, 12-month range 0.5p-3p. The green technology company wins an order worth EUR167,500 from Begian firm Roof Tile Group. Expects order to be delivered in the next 12 weeks. Says the order follows an initial trial period, which the company had mentioned back in January 2020. "Roof Tile Group will incorporate the Verditek lightweight solar panel into their roof tile to form an integrated roof solution," Verditek says.

----------

AIM - LOSERS

----------

SkinBioTherapeutics PLC, down 13% at 12.84p, 12-month range 11.34p-49.4p. The skin health-focused life sciences firm says interim revenue profit jumped to GBP76,985 in the six months to December, from GBP21,949 a year before. Pretax loss widens to GBP1.4 million from GBP1.2 million, as operational costs climb. In 2023, says focus is on reaching commercial traction with Croda, launching AxisBiotix-Ps into Europe, developing an acne product, among others targets.

----------

Team17 Group PLC, down 8.8% at 405p, 12-month range 300p-600p. The video games and educational apps firm says its CEO Debbie Bestwick will leave "once a suitable successor can be found". The search has begun, and will include internal and external candidates. Meanwhile, in 2022, says revenue jumped 52% to GBP137.4 million from GBP90.5 million in 2021, but pretax profit slipped 1.4% to GBP28.7 million from GBP29.1 million. Team17 notes GBP9.2 million in one-off acquisition-related costs. Looking ahead, it says it is mindful of global macro-economic pressures, but will focus on the areas it can control.

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
10 Mar 2020 10:25

Team17 Earnings Rise On Strong Portfolio Performance

Team17 Earnings Rise On Strong Portfolio Performance

Read more
10 Mar 2020 09:38

UK BROKER RATINGS SUMMARY: Bernstein Upgrades easyJet And Ryanair

UK BROKER RATINGS SUMMARY: Bernstein Upgrades easyJet And Ryanair

Read more
3 Mar 2020 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
27 Feb 2020 12:47

Thursday broker round-up

(Sharecast News) - Restaurant Group: RBC Capital Markets downgrades to sector performer with a target price of 170p.

Read more
13 Jan 2020 09:33

UK BROKER RATINGS SUMMARY: Barclays Raises Ashmore And Cuts Man Group

UK BROKER RATINGS SUMMARY: Barclays Raises Ashmore And Cuts Man Group

Read more
10 Jan 2020 09:46

UK BROKER RATINGS SUMMARY: Lloyds, National Grid And Barratt Cut

UK BROKER RATINGS SUMMARY: Lloyds, National Grid And Barratt Cut

Read more
10 Jan 2020 08:36

Team17 To Beat Consensus After Strong Christmas Sales

Team17 To Beat Consensus After Strong Christmas Sales

Read more
10 Jan 2020 08:13

Team17 expects FY underlying earnings and revenues to top expectations

(Sharecast News) - Video games developer Team17 now expects full-year adjusted underlying earnings and revenues to come in ahead of market expectations.

Read more
2 Jan 2020 09:47

Team17 acquires Yippee Entertainment

(Sharecast News) - Premium video games developer Team17 acquired software development firm Yippee Entertainment on Thursday for a total of £1.7m.

Read more
2 Jan 2020 09:46

Team17 Acquires Video Game Producer Yippee Entertainment

Team17 Acquires Video Game Producer Yippee Entertainment

Read more
11 Dec 2019 13:41

Team17 To Roll Out The Survivalists On Gaming Consoles And PC In 2020

Team17 To Roll Out The Survivalists On Gaming Consoles And PC In 2020

Read more
22 Nov 2019 11:55

LDC-Managed Funds Sell GBP19.2 Million In Team17 Shares Via Placing

LDC-Managed Funds Sell GBP19.2 Million In Team17 Shares Via Placing

Read more
15 Nov 2019 11:30

Team17 Appoints TravelUp Finance Chief Crawford As Interim CFO

Team17 Appoints TravelUp Finance Chief Crawford As Interim CFO

Read more
4 Nov 2019 15:18

Team17 flags above-expectations performance for current year

(Sharecast News) - Global video games label and independent games developer Team17 updated the market on its trading for the year ended 31 December.

Read more
4 Nov 2019 10:50

Team17 Expects Annual Earnings Ahead Of Expectations On Strong Sales

Team17 Expects Annual Earnings Ahead Of Expectations On Strong Sales

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.