(Correcting that Aferian's placing price was a 20 premium, not a discount.)
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
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AIM - WINNERS
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Aferian PLC, up 18% at 15.90 pence, 12-month range 9.00-138.00p. The business-to-business video streaming solutions company completes a placing announced on Monday. A total of 26.0 million shares were placed at 12 pence per share, raising USD4.0 million. The placing price represented a 20% premium to the firm's closing price on Monday. Notes some directors and a member of the senior management team agreed to subscribe for 2.0 million shares at the same placing price.
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By Heather Rydings, Alliance News senior economics reporter
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Aferian (AFRN)