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WINNERS & LOSERS: Shearwater gets contract boost; Carclo falls

1st Jul 2026 11:21

(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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Iconic Labs PLC, up 33% at 2.20 pence

GSTechnologies Ltd, up 20% at 0.45p, draws down first tranche of loan facility

DeFi Development Corp UK PLC up 17% at 27.00p

Critical Mineral Resources PLC, up 11% at 2.10p

South32 Ltd, up 9.7% at 223.60p, to sell aluminium assets to Alcoa for up to USD5.6 billion

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Main Market small-cap losers

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RC365 Holding PLC, down 11% at 2.35p

Gabelli Merchant Partners PLC, down 9.9% at EUR7.75

First Class Metals PLC, down 9.8% at 3.70p, closes Kerrs project deal with nGRND

Carclo PLC, down 9.7% at 30.70p, says current market conditions are mixed

Chill Brands Group PLC, down 9.4% at 2.40p, interim pretax loss widens

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AIM winners

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Ethernity Networks Ltd, up 23% at 0.0016p, loss narrows in 2025

Shearwater Group PLC, up 18% at 43.50p, forecasts revenue ahead of expectations

Proteome Sciences PLC, up 9.1% at 1.80p

Pantheon Resources PLC, up 8.3% at 14.40p

Filtronic PLC, up 7.0% at 297.50p

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AIM losers

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ADM Energy PLC, down 44% at 0.0125p, suspended due to late results

Keras Resources PLC, down 18% at 1.40p, suspended due to late results

MobilityOne Ltd, down 17% at 6.75p, suspended due to late results

Anglesey Mining PLC, down 13% at 4.35p

Focus Xplore PLC, down 11% at 0.02p, 2025 pretax loss widens

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Small-cap and AIM movers in focus:

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GSTechnologies Ltd, up 20% at 0.45p, 12-month range 0.15p-1.50p. The Perth, Australia-based fintech company draws down the first USD5 million tranche of the USD10 million unsecured term loan facility with Clarivan Group. The second tranche will be available to draw down in August.

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South32 Ltd, up 9.7% at 223.60p, 12-month range 123.24p-265.00p. The Perth, Australia-based diversified mining and metals company signs a binding agreement to sell aluminium value chain assets to Alcoa Corp for an implied enterprise value of up to USD5.6 billion. The sale includes an 86% interest in Worsley Alumina, a 100% interest in Hillside Aluminium, a 33% interest in the MRN bauxite mine subject to exercise of pre-emptive rights held by partners, a 36% interest in the Brazil Alumina refinery, and a 40% interest in the Brazil Aluminium smelter. The deal includes USD3.1 billion in an upfront cash consideration, USD1.0 billion in Alcoa shares, USD750 million in net debt and lease liabilities to be assumed by Alcoa, and up to USD750 million in a contingent cash consideration.

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Carclo PLC, down 9.7% at 30.70p, 12-month range 29.00p-84.80p. The London-based provider of precision components says revenue falls 5.8% to GBP114.2 million in the financial year to the end of March from GBP121.2 million a year earlier. Pretax profit improves to GBP4.8 million from GBP2.7 million. However, the company says market conditions are currently mixed. Aerospace demand remains strong, but Life Sciences conditions are more varied. The company says: "In particular, a notably weaker respiratory virus season has reduced testing volumes across the diagnostics industry, leading some customers to adjust inventory levels; an effect we expect to be temporary. We anticipate demand strengthening as we move through the year as a number of our new growth initiatives come on stream and accordingly expect trading to be weighted towards the second half and to deliver positive organic revenue growth for the full year."

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Shearwater Group PLC, up 18% at 43.50p, 12-month range 35.50p-70.00p. The London-based cybersecurity advisory firm wins a five-year contract expansion valued at around GBP25 million with a "leading UK-based global telecommunications provider". Around GBP12.5 million of the value will be recognised in financial 2026. This underpins Shearwater's confidence in achieving market expectations for earnings before interest, tax, depreciation and amortisation, with revenue expected to be slightly ahead of expectations.

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ADM Energy PLC, down 44% at 0.0125p, 12-month range 0.02p-0.10p. The West-Africa focused natural resource investor is suspended from the AIM market due to missing Tuesday's deadline to publish its results after a delay. Keras Resources and MobilityOne shares are also lower for the same reason.

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By Michael Hennessey, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


Related Shares:

Iconic LabsGSTechnologiesDefi Dev CorpCritical Mineral Resources PLCSouth32 LimitedRc365 HoldingGabelli MerchFirst Class Metals PLCCarcloChill BrandsEthernity NetShearwaterPantheon Resources plcFiltronicAdm EnergyKeras ResourcesMobilityoneAnglesey MiningFocus Xplore
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