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Pin to quick picksWestminster Group Share News (WSG)

Share Price Information for Westminster Group (WSG)

London Stock Exchange
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Share Price: 2.45
Bid: 2.40
Ask: 2.50
Change: 0.00 (0.00%)
Spread: 0.10 (4.167%)
Open: 2.45
High: 2.45
Low: 2.45
Prev. Close: 2.45
WSG Live PriceLast checked at -

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AIM WINNERS & LOSERS: Westminster Group surges as revenue jumps

Thu, 01st Jun 2023 10:52

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

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AIM - WINNERS

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Westminster Group PLC, up 38% at 1.59 pence, 12-month range 0.93p-2.47p. The provider of security services says revenue rose to GBP9.5 million in 2022 from GBP7.1 million in 2021, and pretax loss narrowed to GBP365,000 from GBP1.9 million. Looking ahead, Westminster expects 2023 to be "a record year", after beginning it on a positive note.

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Edenville Energy PLC, up 36% at 7.50 pence, 12-month range 4.30p-19.18p. The thermal coal developer raises GBP1.5 million through direct subscriptions by two African focused mining investment groups. Says 29.4 million shares will be issued at 5.0p. Funds from the capital raise will be used by the company to fund its ongoing working capital requirements and for due diligence costs associated with ongoing review work of potential new and strategically complimentary projects in Africa.

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AIM - LOSERS

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Quantum Blockchain Technologies PLC, down 22% at 1.51p, 12-month range 0.85p-2.47p. The cryptocurrency researcher and investor raises GBP1.0 million via placing of 71.4 million shares at 1.4 pence per share, a 27% discount to Wednesday's closing price of 1.93p. Company will use proceeds for research and development programmes, especially further development of its proprietary bitcoin mining machine learning algorithms and software product release, as well as its North America business development activities. Chief Executive Officer & Executive Chair Francesco Gardin says: "We are pleased to have performed this placing, which secures the funds to continue implementing the development of the company's cutting edge proprietary technologies."

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By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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23 Jan 2013 08:11

Westminster Group supplies equipment to fight terrorism in Middle East

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29 Nov 2012 08:29

Westminster Group lowers revenue predictions

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27 Jun 2012 11:21

Westminster Group sees Africa and Middle East success

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31 May 2012 12:37

Westminster Group sinks despite record results

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1 May 2012 09:55

Small caps round-up: Cosalt, Westminster, Mobile Streams

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30 Apr 2012 08:47

Small caps round-up: Westminster Group, Angle, Asterand

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Small caps round-up: Plastics Capital, Vislink, Westminster Group ...

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Small caps round-up: Pilat, Westminster, Sinclair IS

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Small caps round-up: Netcall, @UK, Belgravium ...

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London midday: Stocks drift higher after Chinese, German data

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17 Jan 2012 11:00

Westminster Group soars on revenue growth

Westminster Group, the security solutions firm, leapt 41.5% in morning trading after announcing revenue growth of 260% in 2011 versus 2010. Revenues for the year were approximately £10m of which £8m came in the second half. Margins in the second six months of last year are expected to be better th

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Westminster wins $0.6m security contract

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London close: Miners hold back FTSE 100

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London afternoon: Miners a drag

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Small caps round-up: Omega, Edenville, Vatukoula ...

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