(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
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AIM - WINNERS
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Journeo PLC, up 11% at 122.00 pence, 12-month range 95.00p-154.00p. The transport system services provider wins two new contracts with Nottingham City Council, worth GBP1.7 million. Journeo will upgrade 1,600 existing LED outdoor displays, as well as supply messaging software to allow the council to integrate travel disruption information.
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Serinus Energy PLC, up 9.7% at 13.33p, 12-month range 0.12p-14.00p. The upstream oil and gas exploration and production company says it is ahead of schedule with its exploration drilling programme in Satu Mare, Romania. Serinus plans to drill the first well in late June or early July, it adds.
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AIM - LOSERS
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Itaconix PLC, down 19% at 4.40p, 12-month range 2.85p-16.40p. The speciality polymer developer posts drop in annual revenue. For 2021, revenue falls to USD2.6 million from USD3.3 million in 2020 but its pretax loss narrowed to USD448,000 from USD1.6 million. Adjusted earnings before interest, tax, depreciation and amortisation losses widened to USD1.6 million from USD993,000. Itaconix also pointed to supply chain issues, mainly with longer delivery times for incoming and outgoing goods.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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Itaconix Plc (ITX)
Journeo (JNEO)
Serinus Energy (SENX)