Oxford Biodynamics (LON: OBD) is raising £9.1m via a placing at 20p a share and a further £2.95m could be raised through a one-for- 6.81644 open offer. The share price rose 22% to 18.3p. This cash will help to fund the commercial development of the EpiSwitch CiRT technology.
Abingdon Health (LON: ABDX) shares bounced back after the diagnostic tests company said a judgement in relation to judicial review proceedings against the Department of Health and Social Care is expected at 3pm. Abingdon Health is an interested party in the case. The shares have jumped 50% to 9.75p.
Richard Teatum has taken a 8.92% stake in retailer Joules Group (LON: JOUL). The share price rose 24.2% to 9.51p. He is a director of companies involved motor cars and parts retail, an advertising agency and Darrington Golf Club.
Director buying is helping the TPXimpact (LON: TPX) share price to recover a small proportion of its losses since the trading statement. Outgoing chief executive Neal Gandhi bought 49,000 shares at 40.5p and 171,000 shares at 35p each. Other directors have also been buying shares including Steve Winters who has acquired an initial 150,000 shares this week in two tranches at 36p a share and 41p a share. The shares have increase 17.3% to 47.5p.
ReNeuron (LON: RENE) says its newly named platform CustomEx has demonstrated an improved competitive profile beyond its tropism (natural affinity advantage) and other advantages. The new data shows improved exosome uptake in three tissue types and a higher level of siRNA delivery versus the rival HEK cell-generated exosomes. The share price is 5.77% higher at 27.5p, having been 28.5p earlier. They have fallen by two-thirds this year.
There has been a mineral resource upgrade at the Amapa iron project in Brazil, even so 27% shareholder Cadence Minerals (LON: KDR) is the worst performer on the day with a 13.5% decline. The updated resource at Amapa is 276Mt grading 38.33% Fe, up from 177Mt. The measured resource is 55Mt grading 39.26% Fe.
Liontrust has disposed of its 10.1% stake in musicMagpie (LON: MMAG) during the past week. The share price fell a further 8.51% to 12.9p.
Tertiary Minerals (LON: TYM) has completed the sale of its royalty interests in the Kaaresselkä and Kiekerömaa properties in Finland to Aurion Resources Ltd. Tertiary Minerals has received C$200,000 in cash and 83,333 shares in Aurion. The Tertiary Minerals share price was 5.77% lower at 0.245p.