Major share price risers and fallers in London at 1:30 p.m.
The chips are down for wireless technology specialist Toumaz
Below are some of the main news-driven share price changes at 4:15 p.m.
RISERS
eServGlobal (LON:ESG), up 18.8%. The wife of chairman John Conoley has purchased 241,065 depositary interests in the company at a price of 2.07p each.
Legendary Investments (LON:LEG), up 14.8%. Legendary’s investee company, VS, has contracted two clients, both of whom are household names and leaders in their respective fields, to use its inventory control software package.
Vela Technologies (LON:VELA), up 5.7%. The investment company said one of its investee companies, Vancouver-based BTL Group, has agreed to acquire Xapcash Technologies.
LOSERS
Toumaz (LON:TMZ), down 29.2%. The shares slumped after chip designer Imagination Technologies sold shares equal to 10.3% of Toumaz‘s issued share capital.
Avation (LON:AVAP), down 6.1%. Operating profits were up at the half-year stage but pre-tax profits lost altitude as the company made $4.1mln in interest payments.
Byotrol (LON:BYOT), down 3.6%. The specialist anti-microbial technology company was notified this week that Maunby Nominees is interested in 8.8% of the issued share capital of the company, most of which is on behalf of Byotrol non-executive director Nicholas Martel..
Major share price movers in London at 1.30pm
RISERS
Greatland Gold (LON:GGP) up 37% to 0.0827p. Shares wanted after Metal Tiger Chief Executive Paul Johnson lifts his holding above 4%.
Coca Cola HBC (LON:CCH) up 2.6% to 1,411p. “Underlying trends in volume growth continued to be strong in the fourth quarter leading to a 2.6% increase in reported volume for the year.”
Randgold Resources (LON:RRS) up 2% to 6,325p. Gold price ticks higher again as stock markets ease lower.
FALLERS
Tertiary Minerals (LON:TYM) down 10% to 1.25p. Profit taking after gains following award of mining licence at fluorspar deposit in Sweden.
Tullow Oil (LON:TLW) down 5% to 161.8p. Tullow’s highly leveraged position, overreliance on the success of key projects, and sector volatility will remain a concern for investors said broker Cantor Fitzgerald.
Royal Bank of Scotland (LON:RBS) down 2.5% to 245p. Banks give back some of the strong gains as the sector recovered this week. Government borrowing figures good, but target remains in doubt and may need money from RBS sale.
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SOURCE: Proactive Investors
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