The following stocks are the leading risers and fallers on AIM on Wednesday.
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AIM - WINNERS
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Samuel Heath & Sons PLC, up 12% at 324.25 pence, 12-month range 250.00p-430.00p. The shower and bathroom accessory manufacturer reports that revenue rose to £15.2 million in the financial year ended March 31, down from £14.7 million a year earlier. Pretax profit falls to £884,000 from £1.1 million. Explains that profit fell as cost of sales, selling & distribution costs, and administrative expenses rise. ‘Although we have seen a good start to the new financial year, we are mindful of our customers’ concerns and are budgeting cautiously, while allowing sufficient flexibility should trade remain consistently positive,’ says Non-Executive Chair Anthony Buttanshaw. ‘Recruitment has been less difficult than in 2023 and we are pleased to welcome a number of highly skilled new colleagues to the company.’
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AIM - LOSERS
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Botswana Diamonds PLC, down 21% at 0.32p, 12-month range 0.25p-0.90p. The African-focused explorer and project developer raises £250,000 through a placing of 78.1 million shares priced at 0.32p each. Botswana says the funds raised will be used to fund exploration activities during the current year in Botswana and South Africa, which remain ongoing, and to provide additional working capital.
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