Toople (TOOP), a telecom provider, was the top winner of today. The stock is up 51.85% after the company appointed Greg Bryce as its new COO. Mr. Bryce is bringing extensive sales experience to Toople from a wide range of industries, including private equity, fundraising, sales, finance, marketing, product development, HR, and IT. He has led startups and multinational corporations, and most recently mentored startups in the healthcare, education, and telecoms sectors. Read more about the appointment here.
RC365 (RCGH), a Hong Kong-based fintech company is up 50% today, and up more than 150% in the past three days. The company was listed on the LSE a month ago and has since had a meteoric rise, which appears to have gained steam over the past few days. The company offers payment services in East Asia and is seeking to expand West.
Schroders (SDRC), an asset manager, is up 31.69% after announcing a shares restructuring with non-voting shares set to gain equal rights. The company will compensate ordinary shareholders for the dilution of their voting rights with 3 additional shares for every 17 shares held. The restructuring has yet to be finalised, however, subject to vote.
Pantheon Infrastructure (PSNT), a global infrastructure fund, is up 27.36% after announcing a €26.5m investment into a digital infrastructure company that delivers fibre broadband, TV, and phone services to over a million customers in Western Europe. The company, yet to be revealed, aims to increase its customer base to 2 million by 2025. This acquisition is part of Pantheon's stated goal of diversifying its portfolio across a range of infrastructure assets.
The worst performer of the day is Origo Partners (OPP), down 33.33%. The investment company announced its shares would be suspended from trading on the London AIM market starting 28 April, and delisted a month later. This was necessitated by Origo losing its AIM nominated advisor, Arden Partners Plc, and deciding not to appoint a replacement. Instead, the company will transfer its distributable reserves to shareholders and delist.