LONDON (Alliance News) - Castleton Technology PLC on Tuesday said it does not know of any reason for the rise in its share price over the past week.
Shares in the company were up 5.9% to 1.88 pence in early trade on Tuesday, making it one of the best performers on the AIM All-Share. Shares in the company are up 87% over the past seven days.
Castleton said it is currently pursuing talks with a number of potential acquisition targets and said it would finance any cash element of the acquisition with an equity placing.
It said it would make further updates when appropriate.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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