A trading statement from the rail ticket retailer Trainline was published this morning, showing continued success for the business as consumers are increasingly willing to adopt digital ticketing. Ticket sales and revenues both advanced meaningfully, whilst management have also upgraded full year guidance including a note that adjusted EBITDA will now be above the previously stated range of 2.4%-2.5% of net ticket sales. The Trainline share price was up by more than 11% in the first hour of trade.
AIM-listed Atlantic Lithium saw its shares in focus this morning following the release of news that its Ewoyaa project in Ghana had been granted an environmental permit. This is seen as a major step forward in the construction of the country’s first lithium mine. The definitive feasibility study for the project indicated production of 3.6MT of spodumene concentrate over 12 years, making it one of the largest such mines globally. Atlantic Lithium’s share price had traded as much as 10% higher shortly after the opening bell, before giving back some of those gains.
The casual dining operator saw its share price tank at the start of the week following the publication of a challenging business update. There’s some evidence of bargain hunting in place today, with the Hostmore share price up by almost 100% at 9am, although it’s worth stressing that losses on the week do still stand in excess of 90%.
Yesterday’s most read announcements
Rightmove Statement re possible offer
