The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
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SMALL-CAP - WINNERS
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NB Global Monthly Income Fund Ltd, up 3.1% at 75.23 pence, 12-month range 70.20p-80.22p. NB Global invests in traditional credit, such as bonds and loans, and in alternative credit, such as distressed credit and mezzanine. It intends to distribute £23.5 million to shareholders by way of a partial compulsory redemption of shares. It says the redemption date is November 13. NB Global will redeem about 41% of existing shares. The compulsory redemption will be effected at 80.77p per share, which is equal to the company’s net asset value per share on October 23.
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Henry Boot PLC, up 6.7% at 190.00p, 12-month range 177.50p-255.00p. The property developer shares rise, after falling recently. In the last 12 months the stock is down 21%, and in the year-to-date the shares are down 19%.
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SMALL-CAP - LOSERS
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Xaar PLC, down 3.6% at 172.00p, 12-month range 154.00p-215.00p. Davy starts the inkjet printing technology company with ’outperform’, and a price target of 200p.
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