(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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Hurricane Energy PLC, up 58% at 1.15 pence, 12-month range 0.59p-12.70p. The oil and gas company, says that it has received a requisition notice from Crystal Amber Fund Ltd, proposing to remove five directors and appoint two new directors. "The Hurricane board has also demonstrably failed to protect shareholders' interests. Its actions provide ample evidence of its evasive and obstructive engagement with its shareholders...The fund therefore believes that, at the earliest opportunity, a new Hurricane board should assume responsibility," says Crystal Amber.
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Sunrise Resources PLC, up 0.28p, 12-month range 0.11p-0.40p. The miner says it completes test grind on 500-ton bulk sample at CS Pozzolan-Perlite project in Esmeralda County, Nevada, US.
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Chamberlin PLC, up 16% at 13.98p, 12-month range 6.00p-19.45p. The West Midlands-based castings and engineering firm reports completion of restructuring in line with expected cost savings. Says it is now well positioned to exploit the opportunities arising in the new financial year.
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EKF Diagnostics Holdings PLC, up 9.7% at 74.03p, 12-month range 41.00p-83.00p. The diagnostics and central laboratory assay manufacturer says strong trading continues into the second quarter. As such, it is now confident trading for the full year will be comfortably ahead of already upgraded management expectations.
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Creo Medical PLC, up 6.3% at 204.00p, 12-month range 136.24p-243.00p. The surgical endoscopy company says first-quarter trading was ahead of expectations, and it now expects annual revenue 10% ahead of the market forecast of GBP20.1 million.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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Creo Medical (CREO)
Chamberlin Plc (CMH)
Ekf Diagnostics (EKF)
Sunrise Res (SRES)