Mobile Streams PLC (AIM:MOS) flowed 6.7% higher to 0.475p after the dates for the first e-sports competition under the partnership agreement with International Gaming Systems announced last month.
The Besiktas PUBG Mobile Open will commemorate the 4th year anniversary of the launch of Tencent's PlayerUnknown BattleGrounds (PUBG) Mobile – a Battle Royale (all versus all) mobile game with more than 1bn downloads to date. Along with being its owner, Tencent is a Chinese media giant and also owns a range of other assets including WeChat and Riot Games, Mobile Streams said.
Mobile Streams will live stream video-on-demand coverage of the competition through its gaming community platform at mobilegaming.com globally as well as through its international mobile network connections.
12.50pm: Inspiration Healthcare in rude health
Inspiration Healthcare Group PLC (AIM:IHC) was 6.2% heavier at 103p after it raised guidance for the financial year just ended.
Revenues are expected to be around £41.0mln, up 10.9% year-on-year, while adjusted underlying earnings (EBITDA) should be not less than £6.2mln, which would represent an increase of at least 10.5% on the previous financial year.
Operating profit is similarly ahead of market expectations, the provider of medical technology said.
11.55am: BATM lifts guidance
BATM Advanced Communications Ltd (LSE:BVC, OTC:BTAVF) put on 2.7p (5.5%) at 52p after it said it expects to report full-year 2021 revenue and underlying earnings (EBITDA) ahead of market expectations, thanks to growth from both its divisions.
The provider of real-time technologies for networking and medical lab systems said the increased revenue last year was driven by significant growth in the diagnostics unit of the Bio-Medical division.
Looking ahead, BATM said it entered the new year with a “substantially higher” backlog of work from ongoing operations than at the same point of the prior year and “the strong momentum of 2021 has continued”.
11.00am: National Aviation Services steps up its pursuit of John Menzies (LSE:MNZS)
John Menzies (LSE:MNZS) PLC shares shot up 255 to 584p after National Aviation Services stepped up its efforts to force Menzies management to the table to discuss its plans for the company.
National Aviation Services (NAS) announced it has entered into contracts to purchase 12.1mln Menzies shares, representing about 13.2% of the issued share capital of Menzies, at a price of 605 pence per share.
This effectively means that were NAS to make a takeover offer for Menzie in the near term it would have to be at a price of at least 605p a share.
"The acquisition of this significant stake demonstrates our seriousness and belief that a combination of Menzies and NAS offers a compelling opportunity to all stakeholders,” said Hassan El-Houry, the chief executive of NAS.
10.05am: Bluebird of unhappiness
The new website for Bluebird Merchant Ventures Ltd (LSE:BMV) must be a stinker as the announcement of it appears to have triggered a 12% fall in the share price to 1.9p.
The Korean focused gold development group said the new website is now live and further content will be added over the coming weeks.
The company will provide an operational and strategic update next week as the Korean government is expected to announce the easing of restrictions on 20 February.
9.10am: Amala Foods shares on investors' menu after upbeat trading statement
Investors tucked into Amala Foods PLC, sending the shares 35% higher to 0.675p, after a corporate update from the food technology company.
Amala said the plant-based foods joint venture company has made further progress since the beginning of the year. Amala is now supplying its plant-based burger to a Manila-based restaurant owned by a well-known Filipino chef, Robby Goco.
The company is also preparing to supply another local pizza chain with plant-based pepperoni. Encouragingly, various other local supply agreements are at varying stages of progress and the company is confident that there is a significant market opportunity in the Philippines and the region.
A partnership with Marks and Spencer Group PLC (LSE:MKS) has liberated the share price of Unbound Group PLC (AIM:UBG).
The shares shot up 13% to 57.5p after the company, which listed on AIM earlier this month, said its Hotter Shoes brand will be sold on the "Brands at M&S" platform.
The platform will initially offer 32 Hotter Shoes products with the range increasing to 75 in the future The specially curated Hotter range for M&S.com will be centred around comfort and active footwear and includes the comfort brand's prestigious Gore-Tex range. Both women's and men's footwear ranges will be available.