Constellation Software has taken a 3.16% stake in accesso Technology (LON: ACSO). Constellation Software has previously acquired stakes in other AIM companies and acquired some, including telematics firm Trakm8 last year. The share price gained 15.5% to 302p.
New Prospex Energy (LON: PXEN) chief executive Tom Reynolds has bought an initial 698,549 shares at 3.58p each. The share price rose 12.5% to 3.6p.
Image Scan (LON: IGE) has won a European defence contract after a tender process. It will supply 25 ThreatScan® portable X‑ray systems for use in Explosive Ordnance Disposal. The share price improved 11.4% to 1.95p.
The Financial Conduct Authority investigation into Revolution Beauty (LON: REVB) has ended and no action has been taken against the company or its founders. This relates to accountancy issues in 2021 and 2022 after the company floated. The share price recovered 10.2% to 4.74p following strong trading volumes.
FALLERS
CleanTech Lithium (LON: CTL) has raised £4.77m via a placing at 6p/share. A proposed WRAP retail offer could raise up to £250,00. The outstanding convertible loan notes will be converted into 64.5 million shares. Chairman Steve Kesler has taken £276,273 of fees in 4.6 million shares at the issue price. The cash raised will fund licence purchase costs at Laguna Verde, finance the environmental impact assessment and refinement of the direct lithium extraction processes. Nearly 20 million options will be granted to directors and senior management as part of an incentivisation package. The share price slid 25.3% to 5.9p.
ADM Energy (LON: ADME) says joint venture company Vega Upstream has extended the closing date for the Mincon acquisition to 26 June. It is making progress with securing debt to finance the acquisition. The total investment by ADM Energy in Vega Upstream is $300,000. This should generate average monthly income of $96,000. The share price declined 15.1% to 0.0225p.
Goldman Sachs has raised its share price target for ITM Power (LON: ITM) from 55p to 63p, but it retains the sell recommendation. The share price fell 5.3% to 157.1p.