Gunsynd (LON: GUN) executive director Donald Strang bought one million shares at 0.1215p each. The share price moved up 8.7% to 0.125p.
Invinity Energy Systems (LON: IES) has opened its manufacturing facilities in Motherwell. This will increase capacity for its energy storage technology to more than 500Mwh/year. The share price rose 8.33% to 26p.
FALLERS
Rathbones has a 5.59% stake in Walls and Futures REIT (LON: WAFR) yet the share price has halved to 10p (5p/15p). There was share buying earlier in the week, but the share price has not held up.
Good Life Plus (LON: GDLF) reported its figures for the 16 months to January 2024. This includes a full contribution from the core luxury prize draw business and a few months of the shell it reversed into. Revenues were £2.39m and the loss was £3.98m, although that included costs of the reversal. The underlying business is losing money as it builds up the subscriber base. The recent £2m fundraising was after the balance sheet date, so there is plenty of cash to continue to add players. The number exceeds 30,000 and continue to rise. There are potential deals with media and mobile network partners that could reduce the costs of subscriber acquisition by providing access to new people and only paying if they sign up to the Good Life Plus prize draws. The share price dipped 19.1% to 1.9p.
Stephen Bamford has reduced his stake in SulNOx Group (LON: SNOX) to less than 3%, following a transfer of shares to his children. The share price fell 4.84% to 29.5p.
Interim figures of Arbuthnot Banking (LON: ARBB) show a decline in interim profit as net interest rate margin was reduced from 6.1% to 5.2%. Pre-tax profit fell from £26.4m to £20.8m. Asset based lending profit did improve. Tangible NAV was 1396p/share. The share price declined 3.27% to 665p.