Game developer targets London for dual listing to expand Western reach Media Winking Studios, a Singapore-based game development giant, has announced plans to list on the London Stock Exchange’s AIM market, as it looks to strengthen its foothold in Western markets. Already listed on Singapore’s Catalist board, Winking says the dual listing will allow it to tap into the UK’s capital-rich tech investor pool and drive growth [...]
N Brown slams AIM as company set for takeover Retail Retailer N Brown is set to be acquired by a company owned by its non-executive director, Joshua Alliance, as it looks to move off AIM. Its share price rose more than 40 per cent after the announcement. N Brown, which owns the brands JD Williams and Simply Be, has said the reduced appetite for UK [...]
FRC: Reporting gap between FTSE 350 and AIM widening Investing The Financial Reporting Council reported that there is evidence that in corporate reporting, the gap between FTSE 350 and other companies is widening
Team17: Video game maker posts record revenue after rocky 2023 September 17, 2024 Video game developer Team17 posted double-digit growth to help it to record revenue in the first half of the year despite a “challenging” new release market. Revenue at the Aim-listed firm, which makes games like Hell Let Loose and Trepang, grew to an all time high of £80.6m in the six months ended June 30, [...]
Gear4music hits all the right notes to drive sales growth September 6, 2024 The online musical instrument retailer Gear4music, which saw its share price skyrocket last month after it swung back into profit, said it was on track to generate revenue of more than £150m in 2025. The London-listed company, which is headquartered in York, said at its annual general meeting today it would announce it was trading [...]
Midwich: Tech distributor posts solid growth despite headwinds September 3, 2024 Audio and TV distributor Midwich has defied broader market headwinds to post a double-digit rise in gross profit and improved revenue numbers. The Norfolk-based firm, which has been a constituent of London’s Aim market since 2016, grew by 7.5 per cent at constant currency in the six months to June 30, raking in £446m in [...]
Biotech firm Reneuron becomes latest to quit AIM as it battles for survival August 30, 2024 Biotech firm Reneuron Group has become the latest company to exit from the London Stock Exchange’s AIM as it continues to fight for its life after entering administration. The Welsh company, which was first floated on London’s junior market in 2005, said it did not believe it would be able to raise enough funds to [...]
Cambria Africa eyes AIM delisting as it plots liquidation of assets August 27, 2024 Cambria Africa, a holding company with investments in Zimbabwe, has announced plans to delist its shares from London’s AIM market. The company’s shares have been suspended from trading since March following its failure to release its financial results for the year ending August 2023 and for the six months ending February 2024. The long-awaited financial [...]
Eckoh: Payments software firm discloses bid from private equity firm August 22, 2024 Payments software firm Eckoh is set to become the latest firm to leave the Aim market, after it announced it had received an offer from an unnamed private equity firm. The offer, which valued Eckoh at 54 p per share and was “highly conditional” and “non-binding”, follows a lengthy hunt for a suitor from the [...]
Watkin Jones: Property developer lowers profit guidance warning of ‘slow’ outlook August 21, 2024 Property developer Watkin Jones has warned investors that a “slower than expected” summer market and “uncertainty” over the pace of interest rate cuts will weigh on its full year results, as it lowered profit guidance. In a trading update, the Aim-listed firm, which in its half-year results in May returned to profit thanks to a [...]