Friday May 16, 08:48 AM
UK smallcap opening - Johnson Service rise on director's share buying
LONDON (Thomson Financial) - Johnson Service Group (LSE: JSG.L - news) attracted support and rose 3 pence to 32 following Thursday's
late announcement that director Kevin Elliott has snapped up 132,270 shares, or 0.22 percent, at 30 pence apiece.
Dealers brushed aside news of widening full-year losses at Freedom4 Communications, whose shares ticked up 0.14 to 1.80 in response to the wireless communications services provider's move to return at least 17.5 million pounds to shareholders.
Again on the upside, Vislink (Dublin: VSF.IR - news) advanced 2-1/4 to 33-1/2 after the supplier of microwave radio and satellite transmission products disclosed that trading was in line with its expectations with underlying revenues up 1.0 percent in the first quarter to March 31.
The order backlog at the end of the quarter had increased to 34.3 million pounds, up 14.7 percent from Dec. 31, 2007, while group orders received for the first quarter went up 4.0 percent on last year at constant exchange rates.
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