18th Nov 2025 09:32
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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John Wood Group PLC, up 12% at 24.67 pence, 12-month range 16.92p-72.60p. Shareholders in the oilfield services and engineering services firm on Monday approve a takeover by Sidara Ltd, an entity controlled by Dar-Al Handasah Consultants Shair & Partners Holdings Ltd. The company in August agreed the deal worth 30p for each John Wood share, valuing the business around GBP210 million. Shares in the company have slumped 53% over the past 12 months and more than 91% over the past five years as it has endured a dramatic fall from grace. In March, the firm said a probe by accountancy and audit firm Deloitte found "material weaknesses and failures" in the "financial culture" of its Projects division. "This included inappropriate management pressure and override to maintain previously reported positions, including through unsupported dispensations, and over-optimism and/or lack of evidence in respect of accounting judgements," the company said at the time.
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SMALL-CAP - LOSERS
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Crest Nicholson Holdings PLC, down 9.3% at 148.20p, 12-month range 140.10p-198.50p. It warns annual profit could land below guidance, as the housing market grapples with UK government budget uncertainty. The housebuilder says adjusted pretax profit for the year that ended October 31 is estimated to be at "the low end of, or marginally below" a guidance range of GBP28 million to GBP38 million. It is an outcome that reflects a "housing market that has remained subdued through the summer, and the continued uncertainty surrounding government tax policy ahead of the forthcoming budget". "While near-term market conditions are expected to remain challenging, our enhanced operating discipline, improved balance sheet and clear strategic direction provide a robust platform to navigate the current environment and deliver long-term, sustainable growth," Crest Nicholson adds. In addition, it warns of cuts of around 50 roles. "As part of project elevate, a collective consultation is underway following an announcement of the proposed closure of one divisional office and selective other roles being placed at risk of redundancy across overhead functions," it explains.
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On the Beach Group PLC, down 5.3% at 195.08p, 12-month range 155.00p-304.50p. Shore Capital Markets cuts the package holiday firm to 'hold' from 'buy'.
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By Eric Cunha, Alliance News news editor
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Crest NicholsonOn The BeachWood Group (J)