(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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Empyrean Energy PLC, up 20% at 3.17p, 12-month range 1.55p-13.00p. Recovers after 77% plunge on Wednesday. The stock had tumbled after it announced the Jade prospect at its 100% owned Block 29/11 permit, offshore China, reached final total depth but logging indicated no oil pay in the target reservoir.
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Robinson PLC, up 14% at 88.00p, 12-month range 71.00p-160.00p. The plastic and paperboard packaging manufacturer sells an operational property in Sutton-in-Ashfield Property to a joint venture between Rotherhill Developments Ltd and Euro Property Investments Ltd for GBP2.5 million in cash. "Subject to the necessary planning approvals, we would expect further sales of surplus property in Chesterfield to be achieved in the next 18 months," Robinson adds.
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HSS Hire Group PLC, up 4.7% at 16.85p, 12-month range 13.38p-23.00p. The equipment rental firm's revenue in the financial year ended January 1 climbs 21% to GBP303.3 million from GBP250.1 million. HSS swings to a pretax profit of GBP6.1 million from a GBP29.6 million loss.
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AIM - LOSERS
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Serica Energy PLC, down 7.3% at 364.30p, 12-month range 112.00p-423.50p. A subsidiary of London-based oil firm BP PLC sells a 5.0% stake in UK-focused oil and gas company Serica. BP Exploration Operating Co Ltd, sells 13.5 million shares in Serica at a price of 365 pence each, raising GBP49.3 million. Serica will not receive any proceeds from BP Exploration's sale. The closing of the placing is expected on May 3.
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By Eric Cunha; ericcunha@alliancenews.com
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Empyrean (EME)
Hss Hire (HSS)
Robinson (RBN)
BP (BP.)
Serica Energy (SQZ)