The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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PensionBee Group PLC, up 2.8% at 178.30p, 12-month range 59.80p-180.00p. The London-based online pension provider intends to announce at its capital markets day on Tuesday that it expects revenue above £30 million in 2024. Additionally, the firm has an ambition to reach £100 million of group revenue in the short to medium term - by year five - with a longer term ambition to exceed £250 million. In terms of profit, expects to reach adjusted group earnings before interest, tax, depreciation and amortisation break-even for the full year, and has an ambition to reach an adjusted group Ebitda margin of 20% in five years, and around 50% in five to ten years.
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SMALL-CAP - LOSERS
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abrdn Diversified Income & Growth PLC, down 0.8% at 44.16p, 12-month range 42.00p-85.44p. The firm, which is currently conducting an orderly realisation of assets, saw its shares decline ahead of the publication of its third quarter results on Thursday. In July, abrdn Diversified Income reported a net asset value per share at March 31 of 72.00 pence, down 14% from 83.60p at the end of September. Interim dividends in six months totalled 1.42p per share, down from 2.84p on-year.
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