SMALL-CAP WINNERS & LOSERS: Cineworld falls further; On the Beach up

Tue, 23rd Aug 2022 11:12

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

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SMALL-CAP - WINNERS

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On the Beach Group PLC, up 10% at 126.50 pence, 12-month range 100p-402p. Founder & Chief Executive Officer Simon Cooper buys 1.5 million shares via Hawksford Trustees Jersey Ltd at 129.54p each, worth just under GBP2.0 million, on Friday in London. Cooper is now interested in 9.4 million shares, a 5.6% stake.

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SMALL-CAP - LOSERS

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Cineworld Group PLC, down 13% at 2.78p, 12-month range 1.8p-85.16p. Tuesday's fall brings year-to-date decline to 91%. The cinema chain operator on Monday warned it is considering filing for Chapter 11 bankruptcy in the US, as it continues to battle with liquidity issues. The Picturehouse chain owner last week said recent cinema admission levels have been below expectations, despite a slow recovery in demand since re-opening from Covid restrictions in April 2021.

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Halfords Group PLC, down 9.9% at 138.25p, 12-month range 136.1p-380p. The cycling and motor parts retailer is cut to 'hold' from 'buy' at Panmure.

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By Lucy Heming; lucyheming@alliancenews.com