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The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. ---------- SMALL-CAP - WINNERS ---------- Amigo Holdings PLC, up 21% at 2.72 pence, 12-month range 0.16p-4.00p. Amigo says it has advanced technical work to assess the licences within the Lake Victoria gold belt in Tanzania. Amigo in January said it was working with AK Corp, a geological exploration technical partner. At the time, it said AK began a micro-seismic survey to assess ‘potential gold exploration and development opportunities within the Mara region of Tanzania’, part of Lake Victoria. In November, Amigo said it would focus on gold and rare earth mining opportunities in Africa, principally in Tanzania and Mauritania. ---------- EnQuest PLC, up 3.6% at 15.60 pence, 12-month range 9.72p-16.60p. The oil and gas company with operations in the UK and Malaysia hails ‘another impressive year of operational performance in 2025’. Output averaged 45,606 barrels of oil equivalent per day in 2025, above the top end of its 40,000-45,000 guidance. For 2026, its guidance is 41,000 boepd to 45,000 boepd. ‘2026 has begun with extreme weather in the UK North Sea, which impacted our operations in January and February. Having successfully navigated similar third-party infrastructure outages last year, we remain confident in our ability to deliver top-quartile operating performance for the balance of the year and maintain stable year-on-year production,’ Chief Executive Amjad Bseisu says. ---------- SMALL-CAP - LOSERS ---------- Smiths News PLC, down 4.8% at 68.20p, 12-month range 45.20p-79.40p. The news wholesaler has received a warning notice from the UK Pensions Regulator over its formerly-owned Tuffnells Parcels Express Pension Scheme. Smiths News owned Tuffnells between December 2014 and May 2020. Tuffnells then entered administration in June 2023. ‘A number of other parties’ are named as possible targets in the watchdog’s warning notice, Smiths News added. The maximum amount the Pensions Regulator can seek from all targets is estimated at £3.5 million. ‘The board maintains the view that Smiths News acted reasonably throughout its time as parent of Tuffnells and that it was an overall net contributor of funding to Tuffnells during its period of ownership,’ Smiths News says. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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