An agreed takeover offer worth £110million from PerkinElmer made Immunodiagnostic Systems one of the week s top risers, while Hurricane Energy shares shot up 93 per cent.
Fevertree shares bubble up after rise in off-trade sales during lockdown
A look at the major movers on the London market on Thursday
Fevertree Drinks PLC (LON:FEVR) was toasting a rise in its shares after it reported strong sales for its posh mixers from stay-at-home drinkers during lockdown.
And while it expected the reopening of pubs and restaurants to give another boost to its business, it believed at-home consumption of long mixed drinks is becoming increasingly established, supported by both the retailers and spirit companies.
UK off-trade sales in the 13 weeks to the middle of April rose by 10.1% year on year, while US sales jumped 38.2% year-on-year in the 12 weeks to the end of March.
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IP Group plc (via Public) / Itaconix plc - Itaconix receives the London Stock Exchange s Green Economy Mark publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.
Small Cap Wrap - Thor Explorations, Imperial X, ADM Energy and more.
The natural resources investing company, has completed the sale of 188,778 shares in Superdielectrics Ltd for a total consideration of £849,501, a profit of £656,003.55 on ADM s original investment leaving ADM with a holding of 6,222 shares following the sale. ADM has received the proceeds from the sale of the investment.
20 May 2021
What’s cooking in the IPO kitchen?
Oxford Cannabinoid Technologies Holdings PLC to IPO onto the Standard List. They are a pre-revenue pharmaceutical company with an objective to develop cannabinoid-based prescription medicines approved by regulatory agencies including the US Food and Drug Administration, the European Medicines Agency, and the Medicines and Products Healthcare Regulatory Authority. Their drug development strategy includes the development of proprietary cannabinoid derivatives, natural phytocannabinoids and other drug compounds that interplay with the endo