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The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. ---------- SMALL-CAP - WINNERS ---------- Technology Minerals PLC, up 55% at 0.12 pence, 12-month range 0.040p-0.50p. The firm, which aims to create a circular economy for battery metals, reports its Recyclus Group investee secures funding to expedite the development of a lithium-ion battery project. Technology Minerals notes the funding has been won alongside clean technology firm Mint Innovation, car maker Jaguar Land Rover and the University of Warwick. Half of the funding is coming from the UK Department for Business & Trade Technology and half from the project partners themselves. Minerals owns just over 48% of Recyclus. ---------- DFS Furniture PLC, up 5.2% at 173.50p, 12-month range 108.80p-176.50p. Shares hit their best level since June 2022, as the sofa seller expects to report annual profit above guidance. Adjusted pretax profit for the financial year that ended June 29 is estimated to be ‘slightly above the top end of guidance’ of £25 million to £29 million. It would represent a sharp on-year rise from £10.5 million. ‘We are pleased to report that we expect profit for the full year to be slightly above the top end of our guidance. Our excellent first half performance set the foundation for our success, with strong trading through the rest of the year with both our DFS and Sofology brands outperforming the market,’ Chief Executive Tim Stacey says. ---------- SMALL-CAP - LOSERS ---------- Gore Street Energy Storage Fund PLC, down 7.3% at 59.07p, 12-month range 42.40p-69.00p. The company ‘acknowledges’ it has received a shareholder request to hold a general meeting. In addition, it reports annual results and the stock goes ex-dividend, meaning new buyers do not qualify for the latest payout. On Thursday, results show its net asset value per share at the March 31 financial year end declines 4.0% to 102.81p per share from 107.05p a year prior. Late Wednesday, RM Funds, a long-term shareholder in the firm, requested a general meeting ‘to consider proposed changes to the composition of the company’s board’. RM Funds said: ‘This follows sustained underperformance, a prolonged share price discount, and ongoing concerns regarding governance and strategic direction. RM Funds has been engaging privately with the board for over six months; however, the board has rejected our most recent proposal to refresh the board ahead of any strategic outcome, leaving us no choice but to take this step.’ Gore Street is ‘evaluating the requisition’. It adds: ‘The board firmly believes in the strength of the company and its governance and will continue to focus on delivering positive total shareholder returns for all its investors.’ ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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