(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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Futura Medical PLC, up 9.3% at 30.00 pence, 12-month range 24.00p-49.90p. The Guildford, England-based pharmaceutical firm lands an exclusive licensing agreement with Cooper Consumer Health. The pact will see Futura's MED3000 erectile dysfunction treatment commercialised throughout the European Economic Area, UK and Switzerland.
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Zenova Group PLC, up 7.7% at 14.00 pence, 12-month range 10.52p-24.20p. The fire safety and thermal insulation products provider says its products will be used in film and television studios. Bells & Two Tones Fire & Rescue, a provider of fire safety services for the UK's big and small screen industries, places its first order of Zenova products. "B&TT, which is based at Pinewood Studios in the UK, expects to use the Zenova products on film sets and at filming locations to improve fire safety, reduce the risk of fire, and help make the UK TV and film industry the safest in the world," Zenova says.
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AIM - LOSERS
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Ince Group PLC, down 15% at 20.01p, 12-month range 16.70p-83.00p. London-based legal and professional services Ince says revenue for the year ended March 31 was "slightly below the prior year" at GBP97 million. This was down to a "challenging last quarter" which included a cyberattack on the company in mid-March. "Together with some adverse movements in our overheads, this will mean that reported pretax profits are expected to be short of market expectations," Ince warned. Shares hit this 12 month low on Monday.
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IOG PLC, down 8.8% at 23.99p, 12-month range 19.50p-46.00p. The gas and infrastructure operator, with projects in the North Sea, reports another challenge for its Saturn Banks site. Production is been temporarily halted at the site, after a fault at the terminal's condensate stabilisation unit was identified.
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By Eric Cunha; ericcunha@alliancenews.com
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Zenova Grp (ZED)
Futura Medical (FUM)