(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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Eden Research PLC, up 31% at 8.99 pence, 12-month range 3.00p-8.00p. Appoints Anasac Colombia Ltd as the exclusive distributor of its biofungicide product, Mevalone, in Colombia. Eden Research develops and supplies sustainable solutions for crop protection, animal health and consumer products. Says the appoint precedes a regulatory application which will be made to allow the use of Mevalone on ornamental crops in Colombia to prevent and cure outbreaks of Botrytis cinerea, a type of fungus that affects plants.
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RA International Group PLC, up 7.0% at 14.98 pence, 12-month range 11.05p-24.00p. The remote site services provider says that Andrew Bolter has agreed to bring forward the date by which he steps down from his role as chief financial officer to Thursday. David Marshall, current group financial controller, has been appointed interim CFO until a permanent appointment is made, as previously announced.
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AIM - LOSERS
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Amte Power PLC, down 67% at 17.00 pence, 12-month range 17.60p-102.00p. The lithium-ion and sodium-ion battery cells manufacturer and developer says it continues to be in discussion with potential investor regarding further financing. Back in December, the company said it would need to raise additional capital by April in order to meet its current operating costs. On Thursday, says it needs to conclude "some form" of fundraising within "no less" than the next four weeks. Notes there can be no certainty in the outcome of its discussions. Says that should the company be unable to secure additional funding, the prospects for the recovery of value, "if any", by shareholders would be "uncertain."
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Parity Group PLC, down 22% at 3.50 pence, 12-month range 3.50p-9.00p. The recruitment and professional services company says that the uncertainty in the current economy has made it "more challenging" to build on its achievements from the prior year. Nonetheless, expects to continue to build momentum in 2023 and remains committed to returning the business to growth. Believes that permanent recruitment will be a future area of growth for the business.
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By Heather Rydings, Alliance News senior economics reporter
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Eden (EDEN)
Ra Internation. (RAI)
Parity (PTY)