Some of the main news-driven share price changes at 3.30pm.
RISERS
Legendary Investments plc (LON:LEG), up 52% to 0.32p. Legendary has a 7% stake in a company that has just signed a deal to supply technology to the NHS that will help improve the service’s efficiency.
Indivior PLC (LON:INDV), up 17% to 368.7p. Decent set of third quarter results showed increase in net revenue, adjusted operating profit and adjusted net income.
Victoria Oil & Gas plc (LON:VOG), up 12% to 35.8p. Told investors today that it has spudded two development wells at its Logbaba gas field in Cameroon.
FALLERS
Bluerock Diamonds Plc (LON:BRD), down 25% to 5.1p. Share price fell after it announced it was raising £675,000 through a placing of 16.9mln shares at the discounted price of 4p.
Abzena plc (LON:ABZA), down 14% to 34.1p. Gilead Sciences is dropping simtuzumab and GS-5745, two products that were created using Abzena’s Composite Human Antibody technology.
Sirius Minerals PLC (LON:SXX), down 8% to 34.1p. Announced today that it has made the breakthrough in financing the build of its fertiliser mine in North Yorkshire.
Some of the main news-driven share price changes at 11.15am.
RISERS
Prairie Mining Ltd (LON:PDZ), up 16% to 26.6p. Prairie has signed a “landmark” deal with China Coal – the second largest coal miner in China – to advance the financing and construction of Prairies Jan Karski mine in Poland.
G4S PLC (LON:G4S), up 9% to 239.5p. The security specialist gave an update reaffirming a decent 2016 so far. Revenues are up, £2bn worth of new contracts have been secured, while earnings and operating cash flow have seen double-digit growth.
Next Plc (LON:NXT) up 4% to 5,005p. Despite a fall in full-price sales, the UK retailer reaffirmed its forecast that profits will come in at £805mln for this year.
FALLERS
Caledonia Mining Corporation (LON:CMCL), down 10% to 119p. Expects to meet market expectations for revenue but not for profit for 2016, after a fall in the average grade at its Blanket gold mine in Zimbabwe.
JD Wetherspoon plc (LON:JDW),down 6% to 835.5p. Current debt level is 3.5 times EBITDA, well above what the board has called a “sensible” benchmark of 0 to 2 times EBITDA. Other than that, sales were strong in the past three months, while well-known Brexiter and Wetherspoon chairman Tim Martin couldn’t resist a referendum-focused rant.
Some of the main news-driven share price changes at 9.15am.
RISERS:
Sound Energy PLC (LON:SOU), up 7% to 84.5p. The gas explorer said the flow rate from its second well on the Tendrara licence area, Morocco, was “significantly better than estimates”.
Allergy Therapeutics plc (LON:AGY), up 6% to 23.5p. Strengthened its core intellectual property after the European Patent Office granted it a broad technology patent for its Microcrystalline Tyrosine (MCT) depot adjuvant manufacturing process.
FALLERS:
Pires Investments PLC (LON:PIRI), down 20% to 3p. Raising £25,000 by issuing 17.5mln new shares at a significantly discounted 3p per share.
Sareum Holdings Plc (LON:SAR), down 10% to 0.95p. Full year results out today were pretty much a confirmation of old news, so it looks like some investors were just looking to take some of their recent gains.