Clinigen Group PLC (AIM:CLIN) has seen its shares climb after the pharaceuticals group revealed it had received a takeover proposal.
The approach is from private equity groupTriton Investment Management, and the two sides are in advanced discussions about a deal.
Clinigen said there was no certainty an offer would be made, or at what price.
Triton has until the close of play on 30 December to decide whether to bid or not.
The company's shares have jumped 21.33% or 134.5p to 765p.
2.41pm: Deliveroo down as founder sells £47mln worth of shares to settle tax liability
Deliveroo PLC (LSE:ROO) has seen its shares drop sharply after founder Will Shu and chief financial officer Adam Miller sold nearly £50mln worth of shares to satisfy tax liabilities.
Shu sold £47mln worth of shares at 278p each, while Miller sold £1.9mln worth at the same price.
The company said: "Neither Will Shu nor Adam Miller will retain any net proceeds as a result of the transaction."
But they were both awarded new stock as part of a share agreement, with Shu getting £62.5mln worth and Miller £2.3mln.
In the market the company's shares have fallen 8.65% to 265p.
They floated in March at 390p.
1.56pm: Beowulf Mining rises on hopes for Kallak project
Beowulf Mining PLC (AIM:BEM) is on the rise on growing hopes that its Kallak iron ore project will be given the go-ahead by the new Swedish government.
After the prime minister said there was a need for more mines in Sweden, Beowulf chief executive Kurt Budge has written to the Minister of Enterprise and Innovation, Karl-Petter Thorwaldsson.
Thorwaldsson has talked about 'taking action' in the matter of Kallak, and Budge wrote: "The recent political changes in the composition of the government and the public statements by you and the Prime Minister have caused excitement amongst Beowulf shareholders....
"If a decision is made, I request that the Company is notified when markets are closed, such that we can prepare an announcement and ensure all market participants are in possession of the full facts when trading resumes."
Beowulf shares have jumped 25.42% or 1.88p to 9.25p.
12.20pm: Trakm8 in demand after insurance deal
Trakm8 Holdings PLC (AIM:TRAK) has moved ahead after winning a contract from insurance group Ticker Ltd.
The company will supply Ticker with data management solutions and devices for its pay-per-mile offering, which will be launched early in the new year.
Trakm8 executive chairman John Watkins said: "Ticker is one of the UK's fastest-growing motor insurtechs, and we are pleased to partner with them following a competitive trial process."
The company's shares are up 3.52% at 25.88p.
11.36am: Halfords accelerates after successful fundraising for Axle Group deal
Halfords Group PLC (LSE:HFD) is motoring ahead after successfully raising £63.4mln to fund the purchase of tyre and car maintenance firm Axle Group.
The company issued new shares at 320p each, and in the market it has accelerated 6.18% or 19.8p to 340.2p.
The purchase of Axle, which trades as National Tyres and Autocare, Viking Wholesale Tyres and Tyre Shopper, is part of Halfords' strategy to boost its motoring business.
Matt Britzman, equity analyst at Hargreaves Lansdown, said: "Halfords’ more recent acquisitions have been successful, so the market’s optimism will have something to do with expectations of a repeat performance. While the efficiencies should add to group profit pretty quickly, the bigger story is that the move helps accelerate Halfords’ plan to weight operations toward motoring services.
"Given the majority was issued via a placing, it’s not only a large deal, but also dilutive for most retail investors. That said, the group performed very well during the pandemic and using that momentum to push toward their long term goals is a positive step.”
10.29am: Digitalbox soars as Strictly Come Dancing and I'm A Celebrity boost business
Digitalbox PLC (AIM:DBOX) has seen its shares soar after an upbeat trading statement.
The media business behind Entertainment Daily, The Daily Mash and The Tab, said full year revenues and earnings would be significantly ahead of the most recently upgraded market consensus of £700,000 EBITDA, with expected revenue of not less than £3.3m.
It said trading in its three brands had been stronger than expected in the second half, the company's biggest trading period: "The positive trend in the UK mobile advertising market has continued, contributing to the revenue overperformance, alongside some very strong traffic.
"Coverage of seasonal TV stalwarts Strictly Come Dancing and I'm A Celebrity drove significant audience on Entertainment Daily alongside The Daily Mash's spin-off show Late Night Mash which debuted on Dave and reporting on Netflix phenomenon Squid Game engaged readers of The Tab."
Its shares are up 46.43% or 3.25% at 10.25p.
9.46am: John Lewis of Hungerford on the rise as it adds new warehouse to meet demand
John Lewis of Hungerford PLC (AIM:JLH) has built up a good gain after unveiling expansion plans.
The kitchens, bedrooms and furniture specialist has agreed a ten year lease on a warehouse facility, with additional office space, on the Grove Business Park close to its manufacturing facilities in Wantage at an annual cost of around £65,000, with first six months rent-free.
It said the new warehouse would help facilitate the current growth in demand for the company's products. It will provide additional storage space for raw materials and finished products, increasing the capacity of the production facility.
The company's shares are up 16% at 1.45p.
8.54am: SEEEN climbs after contract wins and positive trading update
SEEEN plc (AIM:SEEN) is on the rise after the media and technology group announced new contract wins and a positive trading update.
The company has signed a commercial agreement with a major global publisher, which will use its AI technology to automate the production of relevant moments from the publisher's library and create new videos and video streams, including for YouTube shorts.
It is also in talks with several other publishers, including legacy print and web publishers, as well as live streaming providers.
SEEEN has also recently signed its first professional sports club to add content and viewers to its Major Sports Channels.
In the third quarter, revenues rose 8% to US$7mln, with profit before tax in line with market expectations.
Chairman Dr Patrick DeSouza said: "Recent wins with large publishers and a professional sports team enable us to add referenceable customers in order to accelerate further wins from our sales pipeline...
"We look to growing our video technology platform organically through deploying our AI product offerings through our MCN and to publishers and brands. We also look to be opportunistic to add shareholder value through accretive acquisitions."
The company's shares have climbed 7.41% or 2p to 29p.
Bigblu (AIM:BBB) is also heading higher after it said its full year results were comfortably above market expectations and it expected further growth in 2022.
The broadband business said full year revenues rose by around 15% to £27mln with adjusted earnings up around 10% to £4.5mln.
Its shares are up 9.1% at 75.5p.