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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Investments and investor services

Risers & Fallers: Sportech, Mosman Oil & Gas, Epwin Group, Cyan Holdings, Porta Communications, Paragon Holdings

Court of Appeal refused to allow HMRC to challenge its judgment in favour of Sportech

Below are the main news-driven share price changes at 4pm.

RISERS

Sportech plc (LON:SPO) up 12.7% at 80p. Court of Appeal refused to allow Britain's tax authority HMRC to appeal to the Supreme Court against a judgment in favour of the football pools company.

Mosman Oil & Gas Ltd (LON:MSMN) up 11.1% at 0.75p. New Zealand and Australia-focused group made a CAD$400,000 cash investment in GEM International Resource Inc. (TSX:GEM). Shares rose 11.1% to 0.75p.

Epwin Group PLC (LON:EPWN) up 8.9% at 131p. Low maintenance building product maker says shareholders passed all resolutions tabled at its annual general meeting.

FALLERS

Cyan Holdings Plc (LON:CYAN) down 12.7% at 0.24p. Smart lighting group confirmed speculation that it was considering financing options to raise about £12.5mln for a potential acquisition and for working capital.

Porta Communications PLC (LON:PTCM) down 6.1% at 5.75p. Marketing and advertising group said there had been some slowdown in project work ahead of the EU referendum.

Paragon Holdings PLC (LON:PAG) down 6% to 304.3p. Bespoke mortgage lender says there is uncertainty over the longer term growth prospects in buy-to-let, though tenant demand is strong currently.

Below are the main news-driven share price changes at 9.15am.

RISERS

IGAS Energy PLC (LON:IGAS), up 27%, and Egdon Resources PLC (LON:EDR), up 25%. North Yorkshire County Council has waved through the application from Third Energy for an eight-week programme at an existing well site near Kirby Misperton, a rural village in the Ryedale area of North Yorkshire. This bodes well for other UK shale firms, such as IGAS and Egdon.

Asia Growth Properties Limited (LON:AGP) up 22.8% at 56.5p. Company said it completed the disposal of Dah Sing Financial Centre to Gao Sheng Global Limited.

Scientific Digital Imaging PLC (LON:SDI), up 11%. The scientific products maker got a big lift after the company said profit before tax in the year just ended will be in line with expectations.

FALLERS

DDD Group PLC (LON:DDD), down 39%. Expect this stock to continue to be volatile as we count down to the vote on the proposed delisting from Aim.

Management Resource Solutions PLC (LON:MRS), down 11% at 8.75p. The personnel company has raised £300,000, placing shares at 8.5p a pop.

Chamberlin PLC (LON:CMH), down 10%. Results for the year to the end of March confirmed it had been a tough year for the engineering firm, with its core markets continuing to deteriorate.

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