A firm bid for online home moving services provider Smoove (LON: SMV) was announced at the end of trading on Wednesday. The original approach was revealed in April. PEXA Group is offering 54p/share in cash, valuing Smoove at £30.8m. The share price has not been high for just over one year. The company joined AIM as ULS Technology on 28 July 2014, when it was valued at £25.9m at the placing price of 40p. The share price rose 17.6% to 51.75p.
Oil and gas producer SDX Energy (LON: SDX) has received a prepayment of $1.9m from DIKA MOROCCO AFRICA, a subsidiary of Chinese company Citic. The cash will pay for the costs of the KSR-21 well in Morocco. The share price improved 16% to 4.35p.
Tavistock Investments (LON: TAVI) has declared an interim dividend of 0.07p/share and says that trading is ahead of expectations in the initial five months of trading in this financial year. This has enabled the financial services business to move into profit at the EBITDA level. This includes a contribution from Precise Protect, which was acquired in April. The share price increased 10.5% to 5.25p.
Light Science Technologies (LON: LST) has appointed Richard Mills as an external consultant to help to find partners through which the company’s controlled environment agriculture technology can be sold. He already has clients that could use the products as part of their systems. The share price recovered 8.33% to 2.6p.
FALLERS
Helium One (LON: HE1) says that its drilling rig has suffered a component failure. Parts are being obtained from outside Tanzania and operations are suspended. It could take two weeks to repair the rig. The share price slumped 20.8% to 3.95p.
Cell-engineering company MaxCyte Inc (LON: MXCT) says third quarter revenues were $7.8m-$8m, which is one-quarter lower than the third quarter of 2022 due to reduced customer activity. Full year revenues guidance has been reduced to $34m-$36m. Trading is not expected to improve this year. There should still be $200m in the bank at the end of 2023. The share price dipped 19.2% to 200p.
Tintra (LON: TNT) has lost some of the gains it made after trading in the shares recommenced on Tuesday. The shares had been suspended since the end of July and since then it has received a bid approach at 150p/share. The share price fell 10.5% to 85p. That is still higher than the suspension price.
Artemis Resources (LON: ARV) has discovered multiple pegmatites at the Greater Carlow in Western Australia and four are enriched with lithium-caesium-tantalum. There is also high grade lithium at the Osborne joint venture. The share price fell 8.93% to 1.275p.
Ex-dividends
Facilities by ADF (LON: ADF) is paying an interim dividend of 0.5p/share and the share price is unchanged at 56p.
Arcontech Group (LON: ARC) is paying a final dividend of 3.5p/share and the share price is 3.5p lower at 94.5p.
Andrews Sykes (LON: ASY) is paying an interim dividend of 11.9p/share and the share price fell 35p to 690p.
Begbies Traynor (LON: BEG) is paying a final dividend of 2.6p/share and the share price declined 0.75p to 108.5p.
Christie Group (LON: CTG) is paying an interim dividend of 0.5p/share and the share price is unchanged at 115p.
EMIS (LON: EMIS) is paying an interim dividend of 21.3p/share and the share price slipped 19p to 1913p.
Frenkel Topping (LON: FEN) is paying a final dividend of 1.03p/share and the share price is down 0.5p to 58.5p.
HSS Hire (LON: HSS) is paying an interim dividend of 0.18p/share and the share price is unchanged at 10.325p.
Judges Scientific (LON: JDG) is paying an interim dividend of 27p/share and the share price is 100p lower at 8640p.
Johnson Service Group (LON: JSG) is paying an interim dividend of 0.9p/share and the share price is 1.3p higher at 133.3p.
Keywords Studios (LON: KWS) is paying an interim dividend of 0.85p/share and the share price rose 31.5p to 1412.5p.
Learning Technologies Group (LON: LTG) is paying an interim dividend of 0.45p/share and the share price increased 1.825p to 67.925p.
Mortgage Advice Bureau (LON: MAB1) is paying an interim dividend of 13.4p/share and the share price declined 9p to 529p.
Real Estate Investors (LON: RLE) is paying a dividend of 0.63p/share and the share price rose 0.25p to 28.25p.
Skillcast (LON: SKL) is paying a dividend of 0.17p/share and the share price is unchanged at 20p.
Smart Metering Systems (LON: SMS) is paying a dividend of 8.32p/share and the share price is 15p higher at 592p.
Trinity Exploration and Production (LON: TRIN) is paying a maiden interim dividend of 0.5p/share and the share price is 1.5p lower at 76.5p.