See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Agriterra, African Agricultural Company Rises 16%
Agriterra Limited (AGTA) rises over 16% this morning to 14p a share following price movements that followed its initial release of its final results for the year ended 31 March 2018.
It announced the release of its annual report on Friday to shareholders. “The Group is focusing on addressing the operational issues to move towards profitability and to capitalize on the expected growth from the development of the LNG industry in Mozambique.” According to a statement in the report by its chairman.
Its total revenue was $9.22m compared to $12.81m the previous year, losses after tax was $5.05m compared to $3.64m.
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Ascent Resources, European Oil And Gas Company Rises 16%
Ascent Resources (AST) rose 16% this morning to 0.9p a share following the release of its operational update regarding its IPPC permits from the Environmental Agency.
Total revenue to Ascent for September from gas sales is expected to be around €65,000, with an additional €2,500 expected from the sale of condensate, according to the update.
"I am greatly encouraged by the progress made during September and believe that we are now very close to having the IPPC permit confirmed in the next few weeks." said Colin Hutchinson, CEO
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Clear Leisure, The Investment Company Primarily In Leisure And Real Estate, Rises 22%
Clear Leisure (CLP) rose 22% to 0.825p a share this morning following its conversion notice to holders of its €9.9m Bonds.
“The conversion will take place at the Conversion Price of 4.234 Euro cents, five times the average closing mid-market price for the Shares on AIM in the ten working days immediately prior to the date of the Conversion Notice, being 0.752 pence per share converted from sterling into euros”
Its interim results released on Friday revealed that revenues dropped to €0.008 million from €0.021 million in the previous year period, and reported a loss before tax of €1.53 million, compared to profit of €2.14 million reported in the previous year.
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