See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Global Petroleum Continues To Rise Following New Exploration License
The company share price Global Petroleum (GBP) continues to rise another 22% this morning following its agreement to acquire an 85% interest in a new block in Namibia earlier this week.
The block located in the northern Walvis basin, making the company one of the largest net acreage holders in the region.
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Xeros Technology Group Signs 10 Year Contract With Leading Mexican Tannery
The developer and provider of water saving technologies (Xeros Technology Group (XSG)) is up over 12% following the announcement it signed a 10-year contract with Le Farc SA de CV to convert its re-tanning operations in Mexico to use Xeros’ patented polymer technology.
The contract follows extensive trials which radically improves the sustainability of production, whilst maintaining high quality leather output.
Mark Nichols, CEO of Xeros said in a statement: "The considerable interest we are seeing from leading tanneries is a strong indication of the potential to increase rapidly the deployment of our technology in what is a global scale industry - we expect to secure further contracts into the future."
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Filtronic Wins New Contract To Manufacture And Test Modules In Sedgefield, UK.
Filtronic (FTC) is up over 8% this morning following the announcement of the contract. The multi-year contract has an anticipated potential value in the region of £3.0m to £5.7m.
The designer and manufacturer of antennas, filters and mmWave products for the wireless telecoms and critical communications markets is to provide state of the art microwave modules for use in aerospace radar systems to a major European defence contractor.
Rob Smith, CEO, said: "We are delighted to have been selected as a supplier of these modules to this prestigious customer. We have worked hard to develop opportunities in the defence and aerospace market and this contract flows from the successful ramp of our other defence contracts.”
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See all today's AIM Risers here
