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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

Pharma & Biotech

Risers & Fallers: Ascent Resources, Onzima Ventures, Aveva Group, ReNeuron Group, Egdon Resources, Plutus Powergen

The merger between Aveva Group and Schneider could be back on

Below are some of the main news-driven share price changes at the close.

RISERS

Ascent Resources PLC (LON:AST), up 14%. The European oil and gas exploration and production company has received a notice of exercise to convert 820,000 convertible loan notes into shares.

Onzima Ventures PLC (LON:ONZ), up 11%. Myles McNulty’s stake has risen from 6.8mln shares to 9mln.

Aveva Group PLC (LON:AVV), up 9.7%. The merger with Schneider Electric could be back on, the software company confirmed today.

FALLERS

ReNeuron Group Plc (LON:RENE), down 11%. The company has recruited all of the patients for its phase II trial of its CTX stem cell treatment for motor disability in stroke victims.

Egdon Resources PLC (LON:EDR), down 7.6%. The company has reached agreement in respect of a farm-out of an interest in PEDL182 to Union Jack Oil PLC.

Plutus PowerGen PLC (LON:PPG), down 7.0%. jo Dixons has resigned as a non-executive director to be replaced by Tim Cottier.

Below are some of the main news-driven share price changes at noon.

RISERS

Metals Exploration Plc (LON:MTL), up 9.4%. After a series of delays, the natural resources explorer has finally poured the first gold doré from its Runruno Gold project

Future Medical PLC (LON:FUM), up 8.3%. The transdermal technology company has signed manufacturing and distribution agreements with TTK Protective Devices.

Union Jack Oil PLC (LON:UJO), up 6.5%. The company has gained an interest in the Broughton North prospect through its latest partnership deal with AIM peer Egdon Resources Plc (LON:EDR).

FALLERS

ITM Power plc (LON:ITM), down 7.7%. The energy storage and clean fuel company said the operational performance of the ITM power-to-gas plant purchased by Thüga Group two years ago has continued to exceed expectations.

G4S PLC (LON:GFS), down 6.0%. The security firm’s shares took a knock as it emerged that the perpetrator of the massacre in Florida over the weekend was an off-duty G4S employee.

Ocado Group PLC (LON:OCDO), down 4.5%. Deutsche Bank revealed it has 6.33% of the grocery delivery firm’s shares.

Below are some of the main news-driven share price changes at 9.30am.

RISERS

Triad Group PLC (LON:TRD), up 23%. The information technology consultant more than doubled profits last year and is set to up its head-count as it chases new business.

Alexander Mining PLC (LON:AXM), up 19%. Leon Hogan has upped his stake in the company from 3.04% to 4.16%.

Water Intelligence PLC (LON:WATR), up 19%. The provider of non-invasive leak detection and remediation solutions was buoyed by full-year results that showed profit before tax increased by two-thirds from the year before.

FALLERS

Fitbug Holdings PLC (LON:FITB), down 15%. The wearable technology firm said it was refocusing on business-to-business (B2B) sales after finding that selling to consumers was "unsustainable".

Golden Saint Resources Limited (LON:GSR), down 8.6%. The shares tumbled to 0.08p after the company announced it had raised £371,000 (net) by placing shares at 0.07p.

Poundland Group PLC (LON:PLND), down 4.9%. Results are due out this week, and the word on the street is that full-year results have been dragged down by its delayed takeover of high-street rival 99p Stores.

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The Markets
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