See our roundup of today's AIM risers - see the full LSE winners & losers board here.

Eve Sleep rises 25% to 18.25p a share

The European sleep brand Eve Sleep (EVE)  announced a refocused strategy that will focus on Differentiated brand positioning; Expanded product range; and Lower friction customer experience.

It also anticipates revenues will be in line or above revised full year expectations, helped by the early success of the Dreams partnership, and early signs of conversion improvements from projects realised in Q4.

On top of the circa £7m of existing net cash as at 31 October 2018, the Board plans to raise approximately £15m of new equity to fund the Company's refocused strategy through to profitability, it said.

Commenting, James Sturrock, CEO of eve Sleep, said: “The business review has reaffirmed my initial confidence in the size of the opportunity in the sleep market and eve's ability to realise it.

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Oilex rises 50% to 0.67p a share

Oilex OEX  has rebounded following the announcement that the high court extension application submitted by Gujarat State Petroleum Corporation has been dismissed. 

The legal dispute arose from GSPC's ongoing failure to pay its PI share of Cambay PSC expenses.

Managing Director, Joe Salomon, said:  “Importantly, the Judge has recognised that Cambay is in the national interest, and Oilex is committed to meeting its undertakings to the GoI and contributing to India's energy security".

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VR Education rises 28% to 14.75p a share

VR Education (VRE) , the virtual reality technology company focused on the education space announced Playstation will launch Titanic VR, an experience placing users on the Titanic on the night of the sinking. 

David Whelan, CEO of VR Education, said: "The release will occur in the current financial year and will allow Titanic VR to have exposure on this major platform over the Christmas trading period.”

The Group's main focus remains the development and commercialisation of ENGAGE, its online virtual learning and corporate training platform, which is scheduled to occur during December 2018

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AFC Energy (AFC) rises 11% to 6.15p a share

AFC Energy (AFC)   is the industrial fuel cell power company which has developed and successfully demonstrated an alkaline fuel cell system, which converts hydrogen into "clean" electricity.

The Company is building upon an already established pipeline of commercial opportunities and driving the findings from the development phase of the technology into a technically optimised and commercially relevant fuel cell system.

It recently grant options for over 4,455,000 ordinary shares to employees and Jim Gibson, CEO of the company

Read more here & follow AFC here: 

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