SMALL-CAP WINNERS & LOSERS: RM Infrastructure cuts interim dividend

Mon, 19th Aug 2024 10:01

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

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SMALL-CAP - WINNERS

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Regional REIT Ltd, up 3.2% at 125.91 pence, 12-month range 80.31p-286.15p. The commercial property investor sees shares rise, after a bad start to 2024. In the year-to-date, the stock has plummeted 43%.

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SMALL-CAP - LOSERS

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Ricardo PLC, down 4.8% at 491.00p, 12-month range 394.01p-540.00p. The global strategic, environmental and engineering consulting company sees its shares fall, amid a slow start to 2024. In the year-to-date, the stock is down 0.4%, with investors lacking direction.

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RM Infrastructure Income PLC, down 0.5% at 74.00p, 12-month 67.00p-80.20p. RM Infrastructure Income is moving towards "managed wind-down" of company, but had invested in loans to infrastructure assets. It says its net asset value at June 30 was GBP103,285, down from GBP104,516 at December 31. NAV per share falls to 87.84p from 88.88p. It also says it will pay out a dividend of 3.25p, down from 6.50p.

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By Sophie Rose, Alliance News senior reporter

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