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AIM WINNERS & LOSERS: Hardide and SpaceandPeople get contracts

ALN

The following stocks are the leading risers and fallers on AIM on Monday.

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AIM - WINNERS

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Hardide PLC, up 49% at 9.875 pence, 12-month range 4.75p-9.875p. Says it receives £1.8 million of orders from a major new North American energy-sector customer. The orders exceed initial expectations and will benefit revenue in the first half of financial 2026. Hardide says discussions with the customer are ongoing regarding demand into late 2026 and potentially higher volumes in 2027. The board now expects financial 2026 revenue and financial performance to be materially ahead of previous forecasts. The company highlights the importance of its Martinsville, US facility in meeting delivery schedules and notes increased interest from major oil and gas firms in its erosion- and corrosion-resistant surface coatings. CEO Matt Hamblin says: ‘The growing relationship with this significant new customer is a highly exciting development for Hardide. In the immediate future it will enable us to build on last year’s strong revenue growth of over 25%. It also brings us an important step closer to achieving our strategic milestone of more than doubling financial 2024’s revenues to over £10 million as soon as possible, leveraging existing spare capacity to generate attractive operating margins.’

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Greatland Resources Ltd, up 6.1% at 400p, 12-month range 26p-32.5p. Says Havieron feasibility study confirms a long-life, low-cost gold-copper mine capable of annual production of 266,000 ounces of gold and 9,600 tonnes of copper. The Western Australia-focused gold and copper miner says steady-state operations are expected to generate A$739 million, around $483.8 million, in pretax free cash flow per year, rising to A$1.2 billion at spot gold prices. The updated Havieron Ore Reserve stands at 38.5 million tonnes at 2.63g/t gold and 0.33% copper, containing 3.3 million ounces of gold and 128,000 tonnes of copper, making it the largest Australian underground gold reserve outside global majors. Pre-production capex of A$1.07 billion is expected to be fully funded through Greatland’s A$750 million cash balance, ongoing Telfer cash flow and a committed A$500 million debt facility. First gold is targeted around 2.5 years after final approvals, with an initial 17-year mine life.

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SpaceandPeople PLC, up 6.1% at 225p, 12-month range 84p-265p. Signs a new three-year exclusive agreement with London North Eastern Railway covering promotional events across the operator’s full station network. The deal expands the company’s footprint to major high-traffic sites including Newcastle, York and Doncaster. SpaceandPeople also renews multi-year contracts with West Midlands Trains, East Midlands Trains and Greater Anglia. Together with existing agreements across Network Rail, Govia Thameslink Railway, Northern Rail and others, the company now holds exclusive rights at more than 1,600 stations, representing over 1.6 billion passengers annually. The promotional and short-term retail space provider says the agreements are expected to drive strong demand from brand advertisers and retailers.

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AIM - LOSERS

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Catenai PLC, down 7.8% at 0.235p, 12-month range 0.14p-0.825p. Shares down despite company saying its AI automation platform Alludium makes its first public appearance at Web Summit 2025 in Lisbon after a period in stealth development. The company held meetings with potential customers and design partners, with several organisations expressing interest in structured early testing and bespoke agent workflows. Alludium CEO John Frizelle says: ‘Web Summit marked an important milestone in Alludium’s transition from stealth into a more public phase of engagement. The team continues to onboard selected design partners and is further refining the platform’s agent creation and orchestration capabilities ahead of a broader planned release.’

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