The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
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SMALL-CAP - WINNERS
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VH Global Sustainable Energy Opportunities PLC, up 9.2% at 69.00 pence, 12-month range 59.00p-103.00p. The firm has upped the size of its buyback, believing its current share price ‘materially undervalues the company’. It has increased the size of its buyback to £10 million, taking it £20 million. This is in light of the ‘persistent disconnect between GSEO’s portfolio value and the value inferred by its share price’. The firm invests in energy infrastructure.
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Regional REIT, up 3.6% at 22.80p, 12-month range 19.88p-64.00p. The real estate investment trust declared a 1.20 pence per share fourth-quarter dividend. It also announces a 71.4% active office occupation across its portfolio, rising from 65.4% in June, and above the pre-pandemic estimated occupation of 70%, according to a survey of tenants.
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SMALL-CAP - LOSERS
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Superdry PLC, down 3.1% at 35.68p, 12-month range 14.26p-135.80p. The retailer’s shares return some of their strong weekly gain. On Monday, Sky News reported Davidson Kempner, the New York-based investment management firm, is in discussions with Julian Dunkerton about backing an offer for Superdry. Dunkerton founded Superdry.
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