AIM movers: Angle executives step down and Atome secures offtake agreement

Atome (LON: ATOM) has completed the commercial milestones ahead of a final investment decision on the Villeta low carbon fertiliser project in Paraguay. A definitive offtake agreement with fertiliser supplier Yara for 260,000t/year for ten years. Construction could commence before the end of the year. The full cost is $465m. The share price

Red Rock Resources (LON: RRR) is selling a gold royalty over production from the El Limon mine in Colombia back to the mine owner for £1m. Additional consideration is 200,000 share subscription rights to Soma Gold Corp shares at C$2 each. The royalty has not yielded any income. The share price jumped 16.2% to 57.5p.

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Hutchmed China (LON: HCM) will be presenting R&D updates via a webcast on 31 October. This will include the company’s Antibody Targeted Therapy Conjugates platform, featuring its lead candidate HMPL-A251. The share price increased 7.32% to 256.5p.

Philip J Milton & Company has raised its stake in renewable energy services provider Earnz (LON: EARN) from 3.18% to 4.05%. The share price is 4.35% higher at 6p.

Roadside Real Estate (LON: ROAD) plans to sell its commercial property business for £12m, which is higher than market valuation, with £4.7m receivable after debt and other liabilities. The buyer Tancourt is controlled by Roadside Real Estate chief executive Charles Dickson and family. This will streamline the business. The share price improved 3.67% to 56.5p.

Volvere (LON: VLE) increased interim revenues from £22.2m to £23.8m, while pre-tax profit rose from £1.78m to £2.18m. However, food manufacturer Shire Foods is being hit by rising costs and this will hold back growth in the full year. Cash was £32m at the end of June 2025, while net assets improved to 1825p/share. Management is seeking complementary acquisitions to Shire Foods. The share price rose 3.37% to 2150p.   

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FALLERS

Angle (LON: AGL) chief executive Andrew Newland and finance director Ian Griffiths have stepped down from the board following discussions with investors. There are no immediate replacements. This follows the latest interims from the cancer diagnostics company. Interim revenues fell by one-fifth to £800,000. Net loss increased from £7.7m to £9.3m. Net cash was £5.3m at the end of June 2025. Cash lasts until the first quarter of 2026. A new management team may make it easier to raise cash. The current strategy could be changed. The share price slipped 13.3% to 3.25p.

Electronic monitoring technology developer Big Technologies (LON: BIG) is expanding its claim against former chief executive Sara Murray and other people. It claims forgery and deliberate falsification of documents to enable the flotation on AIM, as well as diverting of £19m from the company. Mediation is being offered as a way of settling. The Buddi litigation against the company could harm the financial health of the business and it wants to recover the liabilities from Sara Murray and others. The share price declined 14.7% to 78p.

CEPS (LON: CEPS) improved revenues by 6% to £16.8m with the growth coming from professional services business ICA and Aford Awards, although the latter made a lower profit contribution. Signature Fabrics revenues declined from £3.46m to £3.07m and there was a slump in profit. Group pre-tax profit fell from £1.23m to £951,000. Net debt was £8.65m at the end of June 2025. The share price fell 6.7% to 28p.

Conroy Gold and Natural Resources (LON: CGNR) is raising up to £1.5m at 10p/share. Each share comes with a warrant exercisable at 17p each. There is a four month restriction period from the issue of the shares. The plan is to attract North American investors. The cash will fund geological work on exploration projects in Ireland. The share price decreased 6.67% to 10.5p.

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