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WINNERS & LOSERS: Mercantile Ports & Logistics soars on ex-CIA hire

13th May 2026 11:11

(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday.

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Main Market small-cap winners

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Chill Brands Group PLC, up 62% at 0.55 pence, Chill Connect wholesale distribution platform launches

Seneca Growth Capital VCT PLC, up 14% at 8.00p

Critical Mineral Resources PLC, up 10% at 2.65p, supported by strong rise in metal prices

Critical Metals PLC, up 6.4% at 12.50p

Pensana PLC, up 5.2% at 106.70p

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Main Market small-cap losers

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abrdn Property Income Trust Ltd, down 32% at 1.91p

abrdn European Logistics Income PLC, down 18% at 20.15p, shares trade ex-dividend

GSTechnologies Ltd, down 14% at 0.35p

Oberon AIM VCT PLC, down 9.8% at 18.50p

Ecofin US Renewables Infrastructure Trust PLC, down 9.3% at USD0.19

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AIM winners

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Mercantile Ports & Logistics Ltd, more than doubles from 0.43 pence to 1.24p, appoints former CIA chief to board

Bradda Head Lithium Ltd, up 26% at 3.85p

IQE PLC, up 13% at 53.45p

Tern PLC, up 13% at 0.70p

Orosur Mining Inc, up 12% at 21.50p, drilling at Pepas West continues to show positive results

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AIM losers

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Premier African Minerals Ltd, down 15% at 0.02p, completes subscription to raise GBP1 million

Clean Power Hydrogen PLC, down 13% at 15.00p

Novacyt SA, down 12% at 59.90p

Enwell Energy PLC, down 11% at 12.25p, swings to annual loss, revenue falls

Great Western Mining Corp PLC, down 9.6% at 4.25p

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Small-cap and AIM movers in focus:

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Mercantile Ports & Logistics Ltd, more than doubles from 0.43 pence to 1.24 pence, 12-month range 0.20p-3.30p. Jumps after appointing former CIA official Marty Martin to its board and signalling plans to explore opportunities outside India. The port operator says Martin, who previously served as CIA chief of station for the Near East Division, will join subject to regulatory approval. Adds the appointment comes as it pursues legal action relating to its Karanja port asset and evaluates opportunities in jurisdictions seen as more transparent for international investors.

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Chill Brands Group PLC, up 62% at 0.55 pence, 12-month range 0.31p-3.00p. Launches its Chill Connect wholesale distribution platform and updates on growth plans. The consumer packaged goods company says more than 2,000 initial retailer accounts have been onboarded to date and adds it is taking a measured approach to expansion. Notes it is also in early-stage discussions regarding potential partnerships, investment opportunities and transactions aimed at creating shareholder value.

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Orosur Mining Inc, up 12% at 21.50 pence, 12-month range 7.05p-41.00p. Reports positive drilling results from the Pepas West project. The gold explorer says recent results show highly encouraging thick intersections of shallow gold mineralisation and adds hole PEP090 suggests extension potential. Notes drilling at Pepas West continues to deliver positive results.

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Premier African Minerals Ltd, down 15% at 0.02 pence, 12-month range 0.01p-0.45p.Completes a GBP1 million subscription and updates on commissioning progress at its Zulu lithium project. The mining company says the majority of cold commissioning work at the Zulu spodumene flotation plant has now been completed and it is preparing to transition into hot commissioning activities. Adds the latest subscription was completed at an issue price of 0.0185p per share.

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Enwell Energy PLC, down 11% at 12.25 pence, 12-month range 12.00p-25.00p. Swings to an annual loss as production and revenue decline sharply following licence suspensions in Ukraine. The oil and gas company says it reports a 2025 pretax loss of USD2.5 million compared to a USD30.4 million profit a year prior, while revenue falls to USD3.3 million from USD44.9 million. Adds average output volumes slumped to 48,962 barrels of oil equivalent from 722,753 after licence suspensions by Ukrainian government authorities.

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By Eva Castanedo, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


Related Shares:

Mercantile Ports & LogisticsChill BrandsSeneca BCritical Mineral Resources PLCCritical MetalsPensanaAbrdn PropertyAbrdn Euro LogEcofin U.s. $Ecofin U.s.GSTechnologiesOberon AimIQETernBradda Head LithiumOrosur MiningPremier African MineralsClean Power HydEnwell EnergyGreat Western Mining Corporation PLC
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