The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

SMALL-CAP WINNERS & LOSERS: Petrofac gets boost from SocGen upgrade

Mon, 26th Apr 2021 10:50

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

----------

SMALL-CAP - WINNERS

----------

Petrofac Ltd, up 4.8% at 121.40 pence, 12-month range 90.66p-241.75p. Societe Generale raises the provider of oilfield services to Buy from Hold.

----------

DWF Group PLC, up 2.6% at 85.8p, 12-month range 45p-90p. The law firm agrees exclusive associations with Singaporean law firm, Eldan Law, and South African law firm, Thomson Wilks. "Like all of our association relationships, this agreement will provide all parties the opportunity to better serve existing and new clients, whilst ensuring consistency, familiarity and quality across the board," says DWF Chief Executive Nigel Knowles.

----------

EnQuest PLC, up 2.5% at 16.38p, 12-month range 8.67p-25.3p. The oil and gas firm buys the Bentley oil discovery in the UK's North Sea from Whalsay Energy Holdings Ltd. EnQuest will pay up to USD2 million in accrued costs for the entire equity interest in the proven Bentley heavy-oil discovery. No other upfront consideration is payable although EnQuest may make deferred payments to Whalsay based on future revenue generated, which are capped at USD40 million.

----------

SMALL-CAP - LOSERS

----------

Hemogenyx Pharmaceuticals PLC, down 15% at 2.70p, 12-month range 1.97p-15.4p. The biotechnology company receives convertible loan note conversion notice from Mint Capital Advisors Ltd. Notice is in respect to GBP900,000 worth of notes issued on February 3. Hemogenyx to issue 29.9 million shares at conversion price of GBP0.03015 each.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News
2 May 2024 09:48

LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

2 May 2024 07:48

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came ac...

30 Apr 2024 17:02

CORRECT: London stocks take hit as Wall Street slips

(Correcting closing price of European stocks.)

30 Apr 2024 16:53

LONDON MARKET CLOSE: London stocks take hit as Wall Street slips

(Alliance News) - Stock prices in London closed in the red on Tuesday, following Wall Street lower, as investors look ahead to a key interest rate dec...

30 Apr 2024 11:04

SMALL-CAP WINNERS & LOSERS: Petrofac plunges again; Card Factory up

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

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.