(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
----------
SMALL-CAP - WINNERS
----------
Oxford BioMedica PLC, up 1.2% at 412.5p, 12-month range 276.62p-575p. The gene and cell therapy group launches its fourth generation lentiviral vector delivery system, TetraVecta. Says the TetraVecta system enhances the development of more effective lentiviral vector-based therapies. Chief Scientific Officer Kyriacos Mitrophanous says the product will help its clients "overcome previous-generation vector limitations and develop life-saving treatments".
----------
PPHE Hotel Group Ltd, up 3.1% at 1,113.83 pence, 12-month range 1,005.00p-1,617.25p. The hotel and resort operator says premium lifestyle brand art'otel is included in Radisson Hotel Group's brand portfolio, with the long-standing strategic partnership between the two companies "significantly" extended. The firm's art'otel brand will benefit from Radisson's "powerful technology and distribution platforms, reward programmes, scale and growth aspirations", PPHE explains.
----------
SMALL-CAP - LOSERS
----------
Life Science REIT PLC, down 0.9% at 70.4p, 12-month range 58p-102.50p. The UK life sciences-focused property investor signs deal to let 4,877 square feet at building 2020 at Cambourne Business Park with Rakon Ltd. Says lease is for GBP25.0 per square foot for ten years, with a break clause and rent review at the end of year five. Occupancy at CBP now stands at 82%, the trust says.
----------
By Elizabeth Winter, Alliance News senior markets reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Life Science (LABS)
Oxford Biomedica (OXB)