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UK Market News

Thursday May 15, 08:09 AM
UK smallcap opening - Works Media climbs on director's share buying

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LONDON (Thomson Financial) - Works Media made early headway, climbing 23 percent -- or 0.375 of a penny to 2.00 -- following news that director Crispin Barker has vacuumed up 75,000 shares at a price of 1.60 pence apiece, and now speaks for 22.9
percent of the equity.

Also on the upside, Redline Communications (RDL.TO - news) jumped 16 to 90 as the provider of WiMAX and wireless broadband solutions and its WiMAX customer, MTN Cameroon, a major African telecommunications provider and subsidiary of the MTN Group, were each been selected by xchange magazine as finalists to receive the Best of WiMAX World EMEA 2008 Industry Choice Awards.

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