|
The following stocks are the leading risers and fallers on AIM on Friday. ---------- AIM - WINNERS ---------- Empyrean Energy PLC, more than doubles to 0.10 pence from 0.035, 12-month range 0.017p-0.18p. Says it agrees a settlement with Conrad Asia Energy to resolve a cash dispute linked to the Duyung PSC and the Mako gas field, after Conrad withdraws its notice of ‘forced withdrawal’. Empyrean says Conrad remains operator of the Duyung PSC and the Mako field. Under the settlement, Empyrean is to pay Conrad $706,777, split between cash and dividends from a new Singapore vehicle, in which Empyrean will hold an 8.5% interest alongside Conrad. The company says it is working with a ‘supportive’ lender to restructure its debt. Empyrean continues to target first gas from the Mako field in the fourth quarter of financial year 2027. ---------- Peel Hunt Ltd, up 6.1% at 113.50 pence, 12-month range 70.00p-114.50p. The London-based investment bank and stockbroker says it continues to trade well and ahead of expectations in the second half, supported by strong performance across its Investment Banking and Execution Services franchises. The broker reports healthy M&A and equity capital markets activity among its corporate clients and now expects full-year revenue and profit to come in ahead of current market expectations. ---------- AIM - LOSERS ---------- Transense Technologies PLC, down 37% at 71.00p, 12-month range 70.00p-178.90p. Says full-year profitability is now expected to be materially below the current market view, citing slower-than-expected growth across parts of the business and delays in converting new customer pipelines. The company now expects full-year revenue of no less than £5.2 million. Transense says royalty income from Bridgestone‘s iTrack system is expected to be around 10% lower than previously anticipated, reflecting softer volumes. It also reports that growth at both SAWsense and Translogik is below market expectations, while customer onboarding has taken longer than planned, pushing revenue recognition into later periods. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
