(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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AIM - WINNERS

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Strip Tinning Holdings PLC, up 36% at 69.55 pence, 12-month range 31.00p-84.00p. The firm, which supplies specialist connection systems to the automotive sector, celebrates a high volume strategic nomination in the battery technologies market, from an unnamed "leading German automotive motion technology tier one manufacturer". The expected lifetime value of the contract is GBP43.0 million, with production supply set to start in the fourth quarter of 2025. Notes further pre-production revenue of over GBP1.0 million to be received over 2024 and 2025 for the supply of tooling and pre-serial parts.

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AIM - LOSERS

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Clontarf Energy PLC, down 56% at 0.015p, 12-month range 0.013p-0.16p. The oil, gas and minerals explorer, which has projects in Bolivia, Ghana and Chad, says that authorities seem to have declined an A2 short-term credit rating, "possibly because the long-term credit rating was marginally below the requested 'A3'". This means that Clontarf hasn't passed through to the fourth stage of the convocatoria. Clontarf says that the outcome "may not be well-grounded in policy or logic: Clontarf and its partners had undertaken to provide 100% of project capital, both from equity markets and appropriate infrastructural funds, to be channelled via the national borrowers". Maintains that it will continue to argue the case, and is optimistic that this subject may be revisited at a later date.

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By Holly Beveridge, Alliance News reporter

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