The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
----------
SMALL-CAP - WINNERS
----------
Pollen Street Group Ltd, up 14% at 610.00 pence, 12-month range 500.00p-730.00p. The London-based asset manager reports that its assets under management climbed by 36% to £4.2 billion at December 31, up from £3.4 billion a year earlier. Pretax profit climbs to £43.1 million from £26.8 million. Pollen Street also announces a £30 million share buyback.
----------
SMALL-CAP - LOSERS
----------
Aptitude Software Group PLC, down 9.5% at 325.00p, 12-month range 224.50p-380.00p. Shares in the subscription management and finance digitalisation company fall, despite a good start to 2024. In the year-to-date, the shares are up 13%.
----------
Secure Trust Bank PLC, down 3.3% at 636.00p, 12-month range 550.00p-750.00p. The provider of savings accounts and lending services reports results for 2023. It says that pretax profit in the year fell to £33.4 million from £44.0 million a year earlier. Lending balances rise to £3.3 billion from £2.9 billion. Secure Trust lowers dividend to 32.2p per share, down from 45.1p. Chief Executive David McCreadie says: ‘Once again, we have demonstrated our ability to grow in 2023 and the group is well placed to realise our ambitions. We are well on our way towards our £4 billion net loan book target and delivery of our 14-16% return on average equity target. We remain confident about the future.’
----------
Copyright 2024 Alliance News Ltd. All Rights Reserved.
