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The following stocks are the leading risers and fallers on AIM on Friday. ---------- AIM - WINNERS ---------- Avacta Group PLC, up 13% at 62.00 pence, 12-month range 79.50p-26.00p. The life sciences company raises £3.3 million from placing of 6.5 million new shares at 50p each with ‘high net worth investors introduced by Zeus Capital’. It says the net proceeds of £3.1 million will be used to settle the October quarterly repayment of the unsecured convertible bond. It also agrees to delay payments due in January and April 2026 until October 2027. The adjustments to the convertible bond are subject to it raising £13.0 million by January 15, 2026. The raise could be via equity, strategic investment or a pharmaceutical product partnership. ‘I am very pleased Avacta has been able to raise the necessary funds to pay off the October instalment of the convertible bond ahead of schedule and also reach an agreement with the bondholder to amend the terms of the convertible bond,’ says Chief Executive Officer Christina Coughlin. ---------- Rockhopper Exploration PLC, up 4.8% at 78.41p, 12-month range 80.00p-12.20p. The oil and gas miner receives its full €31 million entitlement under insurance arrangements. It says a new request for arbitration has been drafted and will be submitted in the coming weeks. The insurance is intended to protect against the unsuccessful outcome in the Ombrina Mare ICSID arbitration, and the exit of Rockhopper’s other Italian assets. ‘To the extent that Rockhopper makes a financial recovery from any new arbitration, after deductions for any reasonable costs and expenses incurred, that recovery will be utilised to reimburse the insurers in respect of the insurance proceeds,’ the company says. ---------- AIM - LOSERS ---------- Eqtec PLC, down 16% at 0.38p, 12-month range 1.35p-0.34p. The licensor of syngas technology for conversion of waste into sustainable energy and biofuels proposes a capital reorganisation to reduce the nominal value of ordinary shares. The capital reorganisation will be voted on at the annual general meeting on September 25. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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