The FSA has fined former stockbrokers William Coppin £70,000 and Perry Bliss £30,000 for using inside information about an AIM-traded company, Provexis plc, to encourage their clients to buy its shares. Coppin and Bliss, on receipt of inside information from a work colleague, disclosed to clients that Provexis plc was about to announce a major contract which would substantially increase its share price. Using this information, Coppin and Bliss encouraged some of their clients to buy shares in Provexis Plc. Provexis Plc's share price increased by 19.81% from the closing price on the previous day on announcement of the contract. The FSA found that the stockbrokers' actions were deliberate and amounted to market abuse.