25th Sep 2026 11:03
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday.
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Main Market small-cap winners
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Petra Diamonds Ltd, up 13% at 6.52p
Capricorn Energy PLC, up 12% at 442.50p, supports takeover by Genel Energy
Nostrum Oil & Gas PLC, up 7.1% at 0.75p
Parvus Energy Efficiency Trust PLC, up 5.8% at 25.50p, reports first-half results
Octopus Titan VCT PLC, up 5.7% at 18.50p, declares dividend as total return improves
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Main Market small-cap losers
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Ecofin US Renewables Infrastructure Trust PLC, down 9.1% at 10.00p
Hamak Strategy Ltd, down 9.1% at 0.55p
Neo Energy Metals PLC, down 10% at 0.72p, raises funds through placing
abrdn Property Income Trust Ltd, down 12% at 1.94p
Pensana PLC, down 25% at 45.40p, anticipates extension to Longonjo mine construction work schedule
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AIM winners
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80 Mile PLC, up 28% at 1.59p
GCM Resources PLC, up 27% at 16.50p
PACSCo Ltd, up 26% at 0.35p
Bango PLC, up 11% at 68.00p, optimistic for 2026 as half-year earnings rise
Forgent PLC, up 11% at 0.01p
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AIM losers
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Ethernity Networks Ltd, down 8.3% at 0.00p
Proteome Sciences PLC, down 8.6% at 1.33p
Poolbeg Pharma PLC, down 8.9% at 7.20p
Mindflair PLC, down 13% at 0.33p
Safestay PLC, down 32% at 8.50p, swings to interim loss with revenue down
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Small-cap and AIM movers in focus:
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Capricorn Energy PLC, up 12% at 442.50 pence, 12-month range 183p-442.5p. The oil and gas company withdraws support for its takeover by DNO Bidco AS, instead recommending a higher offer by Genel Energy PLC. Genel offers USD4.75 in cash plus a special dividend of 99 US cents, valuing Capricorn Energy at USD5.74 per share in total, or USD436 million. Oslo-based DNO had been offering around USD5.21 per share, or USD396 million. Genel has irrevocable undertakings for around 39% of Capricorn's shares. The only outstanding regulatory approval is from Egypt, which Capricorn expects to be satisfied in accordance with the expected timetable. The takeover is expected to complete in the fourth quarter.
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Octopus Titan VCT PLC, up 5.7% at 18.50 pence, 12-month range 17p-24.5p. Reports results for the first half of 2026. Net asset value per share is 45.1p at June 30, down from 47.7p one year prior, but up from 44.5p at December 31. NAV total return is plus 1.3%, compared with minus 4.6% the previous year. Declares 1.0p per share dividend, up from none throughout 2025. Chair Tom Leader says the period has "shown some movement in the right direction," but "there remains considerable work to do. The Company has not yet met its agreed guardrails, performance over recent years remains disappointing and conditions across venture markets continue to be fairly challenging. The timing and value of future realisations also remain inherently uncertain."
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Pensana Rare Earths PLC, down 25% at 45.40 pence, 12-month range 45.55p-181p. Says construction at the Longonjo mine is now over 30% complete, and has had detailed negotiations with potential major offtake partners. Intends to enter offtake deals with these parties to support its debt facilities with ABSA and EXIM. Says that with talks ongoing, outstanding detailed construction design activities, high-cost site activities and long-term procurement items have been ramped down until the financing is finalised. Consequently, Pensana expects the overall construction schedule to be extended from the previously announced 2028 to late 2028.
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Bango PLC, up 11% at 68.00 pence, 12-month range 57p-110p. The subscription bundling and payments platform announces results for the first half of 2026. Total revenue increases 3% to USD25.9 million from USD25.2 million the year before. Pretax loss narrows to USD937,000 from USD3.6 million. Adjusted earnings before interest, tax, depreciation and amortisation rise 34% to USD9.0 million from USD6.7 million. Looking ahead, Bango says revenue quality continues to improve, with restructuring of non-core payment routes progressing ahead of plan and expected to complete this year. Says there may be "a low-single-digit variation in reported revenue, with negligible impact on adjusted Ebitda", but that trading remains in line with market expectations. "We continue to see exciting opportunities in our pipeline and remain cautiously optimistic despite the continued macroeconomic uncertainty," the firm adds. Also says it has accepted an exploration farm in offer from Australian exploration firm Tyranna Resources Ltd, under which USD2.6 million will be spent over 3 years with a view to diluting Pensana's interest to 20%.
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Safestay PLC, down 32% at 8.50 pence, 12-month range 8.5p-27p. The hostel operator reports results for the first half of 2026. Revenue from continuing operations decreases to GBP8.4 million from GBP9.4 million the year before, and Safestay swings to a pretax loss of GBP2.1 million from a GBP436,000 profit. Says its trading environment remains challenging, with forward bookings 21% lower at GBP3.7 million as of Tuesday, against GBP4.7 million one year prior, reflecting "a weaker consumer environment and tourist levies in certain markets." Adds, however, that its new operational management team is implementing operational and investment initiatives such as the addition of 20 further beds in Brussels, and investing in communal spaces across its portfolio. Remains "positive about Safestay's long-term prospects".
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By Emma Curzon, Alliance News reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Petra DiamondsCapricorn Energy PLCNostrum Oil&gasParvus EnOctopus T.vctEcofin U.s. $Ecofin U.s.Hamak StrategyNeo Energy MetalsGenel EnergyAbrdn PropertyPensana80 MileGCM ResourcesPacsco LimitedBangoForgentEthernity NetProteomePoolbeg PharmaMindflairSafestay