UK small caps are up 0.2 percent at mid-session, while junior-listedAIM shares fall 0.5 percent.
Innovation Group rises 2.6 percent to 30.13 pence after announcingthat it has won a contract to handle all residential subsidence claims fromOctober for one of the UK's largest insurers, bringing in an estimated 75million pounds ($121.46 million) in revenues.
"To reflect the contract news we are raising our target price to 41 pencefrom 38 pence and retain 'buy'," analysts at Panmure Gordon write in a note.
Cloud computing company IOMART Group drops 2.8 percent after itsdirectors announce the intention to sell in aggregate up to 11.8 million poundsof existing ordinary shares in the company.
Reuters messaging rm://antonina.vorobyova.thomsonreuters.com@reuters.net
($1 = 0.6175 British pounds)