Amiad Water Systems Ltd (AIM: AFS), has confirmed the media speculation that it is currently in discussions with a significant shareholder in the company, FIMI Opportunity Funds, about a potential investment in the company through the placing of new ordinary shares. However, it has also clarified that the discussions are still in the preliminary stage, and there is no surety of it fructifying into an investment in the company.
On 2nd September 2019, at the time of writing, GMT 10:21 AM, AFS shares were trading at GBX 240.00, up by 21.00 points or 9.59% against the previous day closing price.