The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
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SMALL-CAP - WINNERS
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Amigo Holdings PLC, up 40% at 5.24 pence, 12-month range 1.63p-13.89p. The UK Financial Conduct Authority approves Amigo to begin lending again through a pilot. Amigo had paused new lending in November 2020. It will initially begin lending during a two-month pilot.
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NARF Industries PLC, up 6.5% at 1.44 pence, 12-month range 1.00p-3.08p. The cybersecurity provider wins a research & development contract with the US government’s Defense Advanced Research Projects Agency. The deal is worth $6.3 million and is NARF’s largest to date.
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SMALL-CAP - LOSERS
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Premier Miton Group PLC, down 5.6% at 92.50p, 12-month range 90.67p-207.00p. Assets under management at its September 30 year end decline to £10.6 billion, from £13.9 billion 12 months prior. Net outflows for year amount to £1.1 billion. ‘The recent fiscal event in the UK combined with the ongoing geopolitical environment have created a challenging and uncertain period for markets both in the UK and globally. Investors understandably have remained cautious about committing new investments during this period and we have also seen outflows across the industry from open-ended funds,’ Chief Executive Mike O’Shea comments.
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