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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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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: Victoria, Management Resources Solutions, OptiBiotix Health, Orogen Gold, Clear Leisure, Man Group

Carpet seller Victoria's results caught the eye, with revenue and adjusted EBITDA double what they were in the previous year

Below are some of the main news-driven share price changes at 3.45pm.

RISERS

Victoria PLC (LON:VCP), up 9.9%. The carpet seller’s full-year results revealed doubled underlying earnings and profits from the previous year.

Management Resource Solutions PLC (LON:MRS), up 9.0%. This time it’s personnel … the self-style human capital resource company said trading since the completion of the acquisition of Bachmann Plant Hire had been ahead of expectations.

OptiBiotix Health plc (LON:OPTI), up 7.1%. OptiBiotix plans the launch of weight-loss products after successful pilot test with a joint venture partner.

FALLERS

Orogen Gold PLC (LON:ORE), down 18% at 0.02p. The shares slumped after it raised £350,000 through the issue of shares sat 0.015p a pop.

Clear Leisure PLC (LON:CLP), down 7.1%. Director Francesco Gardin has received 1.43mln shares in the company as part of his remuneration package.

Man Group PLC (LON:EMG), down 6.3%. Interims from the struggling hedge fund manager underwhelmed, as funds under management fell to US$76.4bn at the end of June from US$78.7bn at the end of 2015.

Below are some of the main news-driven share price changes at 12.30pm.

RISERS

Sunrise Resources Plc (LON:SRES), up 14%. The results from two trenches at Sunrise’s gold-copper Garfield project in Nevada have yielded some promising results.

Charles Taylor PLC (LON:CTR), up 7.3%. The insurance services provider has acquired CEGA, a specialist provider of technical medical assistance and travel claims management services.

Taptica International Ltd (LON:TAP), up 6.7%. Mobile advertising platform operator Taptica has entered into a partnership with Adways Korea, a leader in mobile marketing in Asia.

FALLERS

China New Energy Ltd (LON:CNEL), down 7.3%. Sunbird, the company’s partner in Sub-Saharan Africa, and the Zambian Development Agency have signed the IPPA, a key milestone in the commencement of Sunbird’s Zambian project.

Lamprell PLC (LON:LAM), down 5.1%. Delivery of the jack-up drilling rig that had been scheduled for delivery in the second quarter of 2016 has been delayed.

Capital & Counties Properties PLC (LON:CAPC), down 4.4%. The company has cut the value of its Earls Court estate by 14%, reflecting the decline in London property values since the Brexit vote.

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

RISERS

Baron Oil PLC (LON:BOIL), up 19%. The outgoing President of the Republic of Peru has signed the supreme decree with respect to the assignment of a 30% interest in Block Z-34 from Baron's subsidiary Gold Oil Peru SAC to Union Oil and Gas Group under the terms of the farm-in agreement of April 29, 2013.

Brave Bison Group PLC (LON:BBSN), up 18%. The company, formerly known as Rightster, has upped its revenues and narrowed its underlying losses, thanks in part to the weaker pound.

Bluebird Merchant Ventures Limited (LON:BMV), up 18%. The Philippines-focused resource company received a lift from a trading update from Copper Concentrate, in which it has a stake.

FALLERS

Harvest Minerals Limited (LON:HMI), down 14%. An independent indicated mineral resource estimate has been completed at its 100%-owned Arapua fertiliser project in Minas Gerais State, Brazil.

Blenheim Natural Resources PLC (LON:BNR), down 13%. Wayne Gibson has reduced his stake below 3%.

ValiRx PLC (LON:VAL), down 7.1%. The company reported that more convertible loan notes have been converted into shares by Backnor, though the company also announced it has now terminated the agreement with the investment fund.

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