The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
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SMALL-CAP - WINNERS
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Oxford BioMedica PLC, up 1.2% at 412.5p, 12-month range 276.62p-575p. The gene and cell therapy group launches its fourth generation lentiviral vector delivery system, TetraVecta. Says the TetraVecta system enhances the development of more effective lentiviral vector-based therapies. Chief Scientific Officer Kyriacos Mitrophanous says the product will help its clients ‘overcome previous-generation vector limitations and develop life-saving treatments’.
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PPHE Hotel Group Ltd, up 3.1% at 1,113.83 pence, 12-month range 1,005.00p-1,617.25p. The hotel and resort operator says premium lifestyle brand art’otel is included in Radisson Hotel Group’s brand portfolio, with the long-standing strategic partnership between the two companies ‘significantly’ extended. The firm’s art’otel brand will benefit from Radisson’s ‘powerful technology and distribution platforms, reward programmes, scale and growth aspirations’, PPHE explains.
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SMALL-CAP - LOSERS
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Life Science REIT PLC, down 0.9% at 70.4p, 12-month range 58p-102.50p. The UK life sciences-focused property investor signs deal to let 4,877 square feet at building 2020 at Cambourne Business Park with Rakon Ltd. Says lease is for £25.0 per square foot for ten years, with a break clause and rent review at the end of year five. Occupancy at CBP now stands at 82%, the trust says.
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