WINNERS & LOSERS: Indonesia curbs hit MP Evans; S&U rises

Wed, 20th May 2026 10:00

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

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Main Market small-cap winners

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Georgina Energy PLC, up 17%, at 3.8p, executes drilling contract for Hussar prospect

Cloudbreak Discovery PLC, up 12%, at 0.9p, co-funded geophysics programme has been granted

London BTC Co Ltd, up 9.0%, at 2.3p

Kendrick Resources PLC, up 8.5%, at 6.375p

S&U PLC, up 7.3%, at 1,995p, trading improves on-year

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Main Market small-cap losers

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Headlam Group PLC, down 10%, at 32.25p

Fragrant Prosperity Holdings Ltd, down 9.7%, at 0.42p

Aquila European Renewables PLC, down 8.5%, at 13.5p

REA Holdings PLC, down 7.0%, at 112.5p

Cindrigo Holdings Ltd, down 6.7%, at 7p

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AIM winners

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Proteome Sciences PLC, up 26%, at 1.855p

Shoe Zone PLC, up 21%, at 51.5p, chair buys over 1.2 million shares at 50p each

IQE PLC, up 18%, at 37.65p, snapping four-day losing streak

CT Automotive Group PLC, up 15%, at 26.5p, annual profit rises

Seeen PLC, up 13%, at 4.5p

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AIM losers

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MP Evans Group PLC, down 17%, at 1,567p, Indonesian palm oil export curbs

Scancell Holdings PLC, down 10%, at 23.75p

Forgent PLC, down 10%, at 0.0135p

Mothercare PLC, down 9.4%, at 0.7925p

Caledonian Holdings PLC, down 8.3%, at 2.75p

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Small-cap and AIM movers in focus:

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MP Evans Group down 17% at 1,567p, 12-month range 1,005.00p-1,918.00p. Indonesian President Prabowo Subianto on Wednesday announced commodity export controls to boost tax revenues as the country battles economic headwinds fuelled by the Middle East war, AFP reports. Future sales of all natural resources – starting with crude palm oil, coal and iron-containing alloys – will go through state-owned enterprises appointed by the government, he told parliament. MP is a producer of sustainable Indonesian palm oil.

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Headlam Group PLC, down 10%, at 32.25p, 12-month range 28.10p-99.80p. The floor coverings distributor says it continued to see "challenging trading" in the four months to April 30. Revenue during the period was down 21% on-year. "It has been a busy couple of months since joining. The Board remains of the view that, while there is lots to do on multiple fronts, there is a pathway to return to profitability during 2027. To deliver this we need to act with speed and decisiveness, and this is the focus of my team," Chief Executive Officer Rob Barclay says.

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S&U PLC, up 7.3%, at 1,995p, 12-month range 1,425.00p-2,458.50p. The motor and property financier says trading in the first quarter to April 30 was "ahead of both last year and budget". "Although transaction growth at both businesses has slowed during the period, unsurprisingly given consumer confidence and economic growth forecasts, applications for finance at both Advantage and Aspen, our motor and property finance businesses remain strong," it adds.

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Impax Asset Management Group PLC, down 5.7% at 97.54 pence, 12-month range 90.90p-214.50p. It reports weaker assets under management on outflows in its listed equities segment. Assets under management at the March 31 half-year end stood at GBP22.31 billion, declining from GBP26.06 billion at the end of September. It reports a net outflow of GBP3.64 billion, including GBP3.53 billion from the listed equities offering alone.

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Essentra PLC, up 2.7% at 84.20 pence, 12-month range 79.60p-123.80p. The provider of essential components says it traded in line with expectations in the four months to May 2. Revenue in the period was up 7.2% at constant currency. In addition, it announces the acquisition of mechanical components manufacturer Boteco Srl for an initial EUR7.4 million. There is a deferred contingent cash consideration of up to EUR2.5 million.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

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