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The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. ---------- SMALL-CAP - WINNERS ---------- Defence Holdings PLC, up 13% at 1.9 pence, 12-month range 0.0375p-4.1p. The defence technology firm agrees the appointment of a new chief executive officer, but does not disclose its name, marking a step as the company moves from capability development toward commercial delivery. Defence Holdings says the incoming CEO brings senior leadership experience across defence, national security and government-aligned technology, with a track record in scaling operations and revenue, and is expected to formally take up the role in the early second quarter of 2026. ---------- Gulf Marine Services PLC, up 3.6% at 18.78, 12-month range 14.7p-21.75p. Wins contract for one of its large-class vessels in the Middle East. Gulf Marine Services doesn’t name the customer or provide financial details. The London and Abu Dhabi-based operator of self-propelled self-elevating support vessels for the offshore energy industry says the contract is for two years with options to extend. It says recent contract awards have added 2,354 days to its backlog of booked vessels. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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