12th May 2025 10:10
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
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SMALL-CAP - WINNERS
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VPC Specialty Lending Investments PLC, up 12% at 30.49 pence, 12-month range 24.04p-48.00p. Intends to return GBP43 million to shareholders via the issue and redemption of B shares, representing around 29% of the firm's net asset value as of December 31. This follows its receipt of a full USD50.3 million senior secured note repayment last week from the refinance of the Deinde Group LLC senior secured term loan. This is the company's second return of capital, following an initial B-share distribution in April. VPC Specialty shareholders approved its managed wind-down investment policy in June 2023.
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Capita PLC, up 3.5% at 211.20p, 12-month range 168.00p-336.00p. Agrees a three-year extension for its Primary Care Support England contract with NHS England, from September 1. The first 18 months of the extension is worth GBP82.5 million, which will be followed by a further 18-month transition assistance period. "We are proud to deliver digital, logistical and support services for England's primary care organisations," says Capita Public Service Chief Executive Officer Richard Holroyd. "For the past decade we have delivered complex digital transformation projects, driven efficiencies and reduced costs for the NHS, as well as modernising primary care support services through the launch of the self-serve PCSE Online portal, which provides transparency, data validation and automation."
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SMALL-CAP - LOSERS
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Amigo Holdings PLC, down 7.7% at 0.30p, 12-month range 0.17p-0.90p. Announces Kerry Penfold will with immediate effect step down from her role as chief executive officer and director of the mid-cost credit provider which is currently in the process of an orderly solvent wind-down. Penfold will continue in her role as CEO of the companies subsidiaries, including Amigo Loans Ltd, until May 31. Chief Restructuring Officer Nicholas Beal will join the Amigo board as an executive director with immediate effect and take on Penfold's responsibilities alongside his existing role. Non-Executive Director Michael Bartholomeusz will also step down from his role but will continue as non-executive director of Amigo's subsidiaries until May 31. Amigo continues to search for a reverse takeover target to enable it to continue as a viable business long-term. Current resources will be sufficient to early July, before which time Amigo needs to have raised additional funding to avoid insolvency.
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By Emily Parsons, Alliance News reporter
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Related Shares:
Vpc SpecialtyCapitaAmigo