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The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. ---------- SMALL-CAP - WINNERS ---------- S&U PLC, up 6.6% at 1,983.20 pence, 12-month range 1,330p-1,995.00p. The motor and property finance lender says the turnaround in its fortunes continues apace, as profit at the end of the third quarter continues to beat budget and trading ‘is healthy both in terms of new business volumes and quality’, especially at its motor finance business Advantage. Says group net receivables stand at approximately £491 million, up from £447 million the year before, and are accelerating monthly. Advantage and Aspen Bridging have been ‘remarkably resilient given the chaotic and monumentally mishandled recent budget, and its dampening effect on consumer confidence in general and more specifically on the housing market.’ Group net borrowings increased to £241 million from £180 million ‘at the half year’ and ‘an exciting project is at present underway to confirm substantially larger, but flexible, medium-term facilities on a competitive basis’. Says this will facilitate expansion for both businesses over the next three years. ---------- SMALL-CAP - LOSERS ---------- NewRiver REIT PLC, down 4.3% at 68.89p, 12-month range 65.2p-80.4p. The stock goes ex-dividend, meaning new buyers do not qualify for the latest payout. The UK retail asset-focused investment trust on Thursday says it has entered into a conditional agreement to form a joint venture with Mid Sussex District Council ‘to deliver the mixed-use regeneration’ of Burgess Hill’s The Martlets shopping centre. Says the proposed development has planning consent to deliver 172 new homes, a 102-room hotel, and 50,000 square feet of new retail space. Expects the deal’s conditionality to be satisfied by the end of March, with construction starting in the summer of 2026 and completing in 2028. ‘We have worked with Mid Sussex District Council over the years to deliver a capital light and commercially viable strategy to regenerate The Martlets,’ says Chief Executive Allan Lockhart. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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