(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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Tekcapital PLC, up 28% at 18.60 pence, 12-month range 3.6p-24p. The UK intellectual property investment company says portfolio company Belluscura PLC has been granted 510(k) clearance from the US Food & Drug Administration for its X-PLO2R POC portable oxygen concentrator. Belluscura also mulling potential listing on London's AIM market. Tekcapital holds 17.8% stake in Belluscura.
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Kape Technologies PLC, up 21% at 231.60p, 12-month range 95.5p-239.8p. The consumer-focused digital privacy and security business buys Webselenese Ltd for USD149.1 million. Kape has market capitalisation of GBP488 million based on Monday's share price. Tel Aviv-based Webselenese has built up an independent privacy and security focused content platform. "The acquisition of Webselenese is highly strategic for Kape, providing us with one of the most respected and far-reaching consumer privacy and security content businesses globally," says Chief Executive Ido Erlichman.
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Blackbird PLC, up 9.6% at 24.65p, 12-month range 7p-25.96p. The cloud video editing platform partners with EVS for international sporting events. "It's a real thrill for us to announce this partnership with EVS who are synonymous with the production of the world's most emotive and high-value sports content as well as global news and market leading entertainment shows. To announce this together with a deployment on two of the greatest international sporting events taking place in the near future is simply fantastic," says Chief Executive Ian McDonough.
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AIM - LOSERS
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Origo Partners PLC, down 32% at 0.17p, 12-month range 0.01p-0.45p. Notes recent large trading volumes and movements in the company's share price, and says it has no information that explains this. "The company additionally confirms that it has no information concerning its assets in addition to what was set forth in its 22 January 2021 announcement," Origo adds.
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W Resources PLC, down 11% at 0.08p, 12-month range 0.08p-0.27p. The tungsten, tin and gold mining company with assets in Spain and Portugal proposed reorganisation of share capital. "The consolidation is being undertaken as the company's directors and advisers consider the number of shares currently in issue to be considerably higher than the majority of companies of a similar size on AIM, which, when combined with the current share price of significantly less than 1 pence per share, unduly affects investor perception of the company and volatility in its share price," W Resources says.
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By Lucy Heming;Â lucyheming@alliancenews.com
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TekCapital (TEK)
Blackbird (BIRD)