(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
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AIM - WINNERS
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Tanfield Group PLC, up 21% at 2.80 pence, 12-month range 1.80p-3.96p. The investment firm's pretax loss in the six months to June 30 narrows to GBP268,000 from GBP369,000. Says 49%-owned investee Snorkel International Holdings LLC "appears to be recovering" from the pandemic, with its sales rising to USD71.7 million from USD60.2 million in the first half of 2021. Snorkel makes scissor and boom lifts. Shares hit this 12-month high on Friday.
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Minds + Machines Group Ltd, up 5.1% at 8.93 pence, 12-month range 3.23p-9.28p. The top-level domain registry firm hits a 12-month high as it announces it is returning GBP58.0 million to shareholders through a tender offer. The tender offer is priced at 9.6p per share, a 13% premium to its 8.5p closing price on Thursday.
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AIM - LOSERS
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City of London Group PLC, down 4.8% at 70.00p, 12-month range 67.50p-94.00p. The owner of UK small-business lender Recognise Bank says its pretax loss in the year to March 31 widens to GBP12.6 million from GBP9.7 million. City of London Group says it has been hit by GBP7.9 million in costs associated with a UK banking licence application.
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By Eric Cunha; ericcunha@alliancenews.com
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Tanfield (TAN)