9th Aug 2021 10:43
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
----------
SMALL-CAP - WINNERS
----------
Amala Foods PLC, up 3.6% at 1.01 pence, 12-month range 0.80p-2.89p. The food technology company says research and development phase has been completed and the focus has now shifted towards preparing for commercial distribution of its plant-based alternative meat products. Says the initial products that have completed include: pepperoni; Mexican sausage; breakfast Sausage; Tuscan salami and and Meatballs.
----------
TClarke PLC, up 2.0% at 144.30p, 12-month range 76.60p-159.00p. The building services company says it has been selected as one of only four companies as partners for the delivery of Smart Hospitals in the UK, from the NHS.
----------
SMALL-CAP - LOSERS
----------
McColl's Retail Group PLC, down 16% at 29.58p, 12-month range 20.00p-40.80p. The convenience store operator confirms a Sky News weekend press report that it is currently exploring options relating to a potential capital raise. Says the fundraise is to increase the number of its Morrisons Daily store conversions, accelerate the pace of roll-out of its Morrisons Daily store conversion programme, and strengthen its balance sheet. "No final decisions have been made on whether to proceed with a capital raise or with regards to the timing or size of any such capital raise," it says.
----------
Esken Ltd, down 6.1% at 15.36p, 12-month range 14.34p-39.50p. The London Southend airport owner says the closure of Ryanair Holdings PLC's base in November will be "negligible". Says GBP1.4 million hit would be taken on its earnings before interest, tax, depreciation and amortisation and cash headroom for financial 2023 if no mitigating actions are taken.
----------
Kosmos Energy Ltd, down 2.5% at 161.88p, 12-month range 0.78p-2.80p. The Dallas, Texas oil and gas firm reports a narrowed loss for the first half of 2021, as revenue grew on higher prices more than offsetting lower volumes sold. For the second quarter ended June 30, posts a pretax loss of USD63.7 million, narrowed sharply from USD246.8 million the same period a year before, on revenue which more than doubled to USD384.1 million from USD127.3 million.
----------
By Arvind Bhunjun; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Kosmos EnergyCTO.LMccoll'sAmala Foods PlcESKN.L