Chris Akers has a 5.1% stake in Global Connectivity (LON: GCON), while Chris New increased his shareholding from 8.88% to 9.75%. Keith Harris raised his stake from 9.98% to nearly 11%. Premier Miton has increased its shareholding from 4.74% to 5.21%, while Placifor Investments raised its stake from 9.76% to 10.7%. Livia Meyer’s stake has reduced from 16.97% to 8.78%. Barry Hersh has still not paid the £375,000 subscription amount for 37.5 million shares. The share price jumped 37.9% to 1p.
Automotive electrification technology developer Equipmake (LON: EQIP) has received approaches from strategic investors and potential acquirers. Discussions continue. In the six months to November 2024, revenues improved 19% to £2.47m with EV components revenues increasing 80% to £254,000. There was a cash outflow from operating activities of £2.37m and capital spending of £686,000. Bus repowering services are being scaled down because of low volumes and this will save £2m/year. There was £2m in the bank at the end of November 2024. The contracted order book is worth £11m. The share price recovered 7.27% to 1.475p.
Good Life Plus (LON: GDLF) has launched more partnerships in the past three months, including with Reach and News UK. The family interests of Mark Blandford are subscribing £1m for an issue of convertible loan notes with up to £1m more on offer to other investors until the end of January. The cash will be invested in expanding customer acquisition and partnership, plus to enhance the premium prize draw operations. There are also plans for international expansion. The share price improved 2.27% to 2.25p.
FALLERS
Valereum (LON: VLRM) is participating in the Plan B Forum in El Salvador at the end of January. This is a major Bitcoin conference in Central America and will enabling networking and promote Valereum’s services. The share pricefell 14.5% to 23.5p.
Oscillate (LON: MUSH) has appointed Robin Birchall, a former director of Helium One Global, as chief executive and Steve Xerri becomes an executive director. Robin Birchall will receive options over 2% of the current issued share capital at a price equivalent to the share price at the time of a move to AIM or other Recognised Investment Exchange, plus he will receive a payment to buy 4.25 million shares. Igraine (KING) has reduced its shareholding in Oscillate from 5.05% to 3.64%. The Oscillate share price dipped 11.5% to 0.575p.
Marula Mining (LON: MARU) has applied for a new prospecting right next to the Blesburg Lithium and Tantalum Mine. The area extends over an area of 7,219 hectares. The approval should be received by the summer. Marula Mining will not be buying a 70% interest in the Korridor 21 prospecting right. The share price declined 10.8% to 4.125p.
Invinity Energy Systems (LON: IES) has changed its domicile from Jersey to England and Wales. The share price slid 7.04% to 16.5p.