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The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Monday. ---------- Main Market small-cap winners ---------- Defence Holdings PLC, up 16% at 1.78p, extends Friday’s gains on partnership with Oracle Corp Intuitive Investments Group PLC, up 10% at 318.00p Hamak Strategy Ltd, up 10% at 0.80p, finds gold at Akoko project, Ghana Nanoco Group PLC, up 8.8% at 2.84p abrdn Property Income Trust Ltd, up 8.3% at 1.95p ---------- Main Market small-cap losers ---------- BSF Enterprise PLC, down 11% at 1.00p, extends losses after the T-Rex leather handbag fails to achieve reserve price at auction on Friday Tullow Oil PLC, down 9.7% at 14.03p, pressured by lower oil prices after the US-Iran peace agreement eased concerns over supply disruptions Luceco PLC, down 9.7% at 262.00p capAI PLC, down 9.1% at 0.60p Nuformix PLC, down 8.4% at 0.19p ---------- AIM winners ---------- Pri0r1ty Intelligence Group PLC, up 26% at 1.10p Union Jack Oil PLC, up 25% at 4.20p, Reabold Resources in talks to acquire Union Jack Oil MedPal AI PLC, up 23% at 5.10p IQE PLC, up 16% at 53.85p, strikes supply deal with Tower Semiconductor and ends litigation Engage XR Holdings PLC, up 16% at 0.25p ---------- AIM losers ---------- PACSCo Ltd, down 39% at 0.55p Empyrean Energy PLC, down 14% at 0.05p Harvest Minerals Ltd, down 8.3% at 0.28p Arrow Exploration Corp, down 7.4% at 25.00p Kistos Holdings PLC, down 6.9% at 237.50p ---------- Small-cap and AIM movers in focus: ---------- Hamak Strategy Ltd, up 10% at 0.80 pence, 12-month range 0.68p-6.95p. Reports encouraging drilling results from its Akoko gold project in Ghana, including an intercept of 3.42 grammes of gold per tonne over 23 metres and a high-grade interval of 24.01 grammes per tonne over one metre. The company says the latest assays support the prospectivity of the project and will help guide further exploration work. ---------- Union Jack Oil PLC, up 25% at 4.20 pence, 12-month range 2.00p-10.00p. Receives a non-binding indicative offer letter from Reabold Resources on June 1 regarding a possible all-share takeover of the company. Union Jack says it is evaluating the proposal with its advisers and grants Reabold due diligence access, with discussions continuing. The company cautions there is no certainty an offer will be made or proceed, nor on what terms. Under UK takeover rules, Reabold has until July 13 to announce a firm intention to make an offer or walk away, unless an extension is granted. Reabold confirms talks are ongoing. ---------- IQE PLC, up 16% at 53.85 pence, 12-month range 4.66p-72.9p. Signs a multi-year agreement with Tower Semiconductor Ltd for the supply of indium phosphide epiwafers used in optical connectivity solutions for AI-driven data centres. IQE says the wafers will support Tower’s silicon photonics platforms, including technologies for 200Gb-per-lane transceivers and next-generation 400Gb-per-lane modulators. The agreement includes a minimum first-year purchase commitment from Tower and minimum volume commitments thereafter. Separately, Tower grants IQE a worldwide royalty-free licence to certain porous silicon patents, resolving all intellectual property disputes and related litigation between the two companies. IQE CEO Jutta Meier says: ‘This agreement reinforces IQE’s position within Tier 1 global hyperscale cloud and AI infrastructure markets.’ President of Tower Semiconductor, Marco Racanelli, says: ‘The combination will enable products that can deliver both the performance and high volumes required to scale future AI infrastructure capacity.’ ---------- Seeing Machines Ltd, up 5.6% at 4.38 pence, 12-month range 2.17p-6.48p. Wins awards to supply its driver and occupant monitoring systems for two Japanese car makers. The Canberra-based maker of vehicle operator monitoring systems says the indirect deals, which have an estimated initial lifetime value of $11 million in total, are won through European and Japanese suppliers that are existing customers of Seeing Machines. It will provide its DMS and OMS software across multiple vehicle platforms set to start production from 2028. ---------- Peel Hunt Ltd, up 3.0% at 99.40 pence, 12-month range 86.00p-125.00p. Reports ‘one of the best revenue performances in the history of the group’ for the financial year ended March 31, 2026, as revenue rises 57% to £143.5 million from £91.3 million and the investment bank swings to a pretax profit of £21.1 million from a £3.5 million loss. Investment Banking revenue more than doubles to a record £67.1 million, driven by mergers and acquisitions activity, while Execution Services revenue increases to £47.8 million and Research & Distribution revenue rises to £28.6 million. Peel Hunt proposes a final dividend of 4.9p per share, having paid no dividend a year earlier. Looking ahead, the company says markets remain supportive of high-quality transactions, although renewed inflationary pressures, uncertainty over interest rates and domestic political volatility continue to weigh on UK market confidence and deal activity. CEO Steven Fine says: ‘Investment Banking [achieved] its highest ever revenue. This is thanks to our exceptional people, growing recognition of our M&A advisory capability and the continued strength of our Execution Services business...We have taken decisive action on costs and are operating a leaner, more efficient platform.’ ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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