10th Sep 2025 10:10
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
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SMALL-CAP - WINNERS
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Atlas Metals Group PLC, up more than four-fold at 41.40 pence, 12-month range 6.60p-56.90p. It enters a conditional agreement to buy Universal Pozzolanic Silica Alumina Ltd, or UPSA, for GBP1 billion via a reverse takeover. Atlas Metals, a natural resources and energy investor formerly known as MetalNRG, says the GBP1 billion consideration will be settled via a share-for-share exchange by the issue of new shares in the capital of Atlas. The price is yet to be determined. UPSA has the commercialisation rights to a substantial pozzolanic silica alumina reserve in Australia, the Warialda Quarry, with 99 years of extraction rights for 250 million tonnes. Shares hit this 12-month high on Wednesday.
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Gym Group PLC, up 8.9% at 148.80p, 12-month range 119.00p-174.21p. It expects to deliver full year results at the top end of market expectations after a strong first half. Pretax profit balloons to GBP3.3 million in the six months to June 30 from GBP200,000 the year prior. Revenue rises 7.9% to GBP121.0 million from GBP112.1 million, with like-for-like growth of 3%. The firm expects full-year adjusted earnings before interest, tax, depreciation and amortisation, less normalised rent, to be at the top end of analysts' forecast range of GBP50.6 million to GBP52.8 million, up from GBP47.7 million in 2024.
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SMALL-CAP - LOSERS
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Avation PLC, down 2.1% at 162.00p, 12-month range 126.50p-192.00p. Shares surrender some ground after a 4.1% advance on Tuesday.
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By Eric Cunha, Alliance News news editor
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Related Shares:
Gym GrpAtlas MetalsAvation