(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
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AIM - WINNERS
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accesso Technology Group PLC, up 7.0% at 909.50 pence, 12-month range 250.00p-1,020.00p. The provider of software for leisure, entertainment and cultural sectors reports continued strong performance through September and into the October trading period. Says its performance continues to be driven by high demand in its end markets, coupled with the increasing use of its revenue-generating technology across its customer base. As a result, the company now expects revenue for the full year 2021 to be no less than USD124 million. This compares with reported revenue of USD56.1 million in pandemic-hit 2020 and USD117.2 million in 2019.
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Ideagen PLC, up 5.0% at 282.00p, 12-month range 201.00p-335.00p. The information management, safety, risk and compliance software provider reports the acquisitions of Audit Analytics and Ai XPRT. The acquisitions bolster Ideagen's position as the audit and advisory system of choice to the compliance industry, accelerate AI functionality across the Ideagen portfolio, and increase annual recurring revenue, it says.
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Abcam PLC, up 0.8% at 1,658.00p, 12-month range 1,234.00p-1,740.00p. The Cambridge, England-based life science research firm completes the acquisition of BioVision Inc - a distributor of life science research tools - from Boai NKY Medical Holdings Ltd for USD340 million. The acquisition accelerates Abcam's strategic focus in the market for products in the complementary biochemical and cell-based assay market, the company says. It will additionally create value through portfolio expansion and leverage Abcam's global channels to market.
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AIM - LOSERS
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Hargreaves Services PLC, down 0.4% at 436.89p, 12-month range 196.40p-580.00p. The engineering services company holds its annual general meeting on Wednesday. Says all of its three sectors are trading in line with expectations. "The board remains confident of delivering results for the full year in line with market expectations," says Chair Roger McDowell.
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By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Accesso Technology Group (ACSO)
Hargreaves Serv (HSP)