- Water treatment and filtration company Amiad Water Systems said it was in talks about a potential share placing to current shareholder FIMI Opportunity Funds.

'The discussions have not yet materialised into a signed agreement and any placing will remain subject to a number of pre-conditions, including the approval processes of the company, Amiad said.

'There is no guarantee that the discussions will lead to an investment in the company.'

Amiad confirmed the talks following media reports of a potential raising.

At 1:31pm: [LON:AFS] Amiad Water Systems share price was +26p at 245p

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