AIM movers: Bumper May for RentGuarantor and waiver extension for Litigation Capital Management

Dr Ian Pike is stepping down as chief scientific officer of Proteome Sciences (LON: PRM) but will remain as a non-executive director of the proteomics services provider and provide consultancy services. The share price jumped 32.5% to 1.855p.

In the first five months of 2026, RentGuarantor (LON: RGG) increased revenues 155% to around £2m. The number of rent guarantee contracts more than doubled. The Renters Rights Act came into force on 1 May and the income for May was £700,000 enabling positive EBITDA. Investment in AI continues. Allenby has increased its forecast 2026 revenues by 29% to £5.95m and a pre-tax profit of £711,000 is expected. The share price gained 14% to 32.5p.

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Brave Bison (LON: BBSN) has set out details of the long-term incentive plan for Oliver Green and Teodore Green. They will receive B shares. The baseline share price is 80p, subject to annual increases of 8%, and the share price has to reach at least 150p before there is any value. The two men will receive ordinary shares equivalent to 12% of the market value above the baseline price – based on the 90-day volume-weighted average price at the time of redeeming the B shares. If the share price reaches 217p, the dilution to shareholders could be the maximum of 6%. The share price rose 7.32% to 88p.

Chemotherapy drug delivery developer CRISM Therapeutics (LON: CRTX) has been a warded a non-dilutive research and development grant by InvestNI, which is equivalent to 61% of eligible project spending on the docetaxel-ChemoSeed programme for the treatment of prostate cancer. This is for work that is set to last until March 2027. The share price improved 6.98% to 11.5p.

Forgent (LON: FORG) has received drilling approvals for the maiden drilling campaign at the Peak Hills gold copper project in Western Australia. Phase 1 of the drilling campaign will start shortly. The share price increased 3.575 to 0.0145p.

FALLERS

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Litigation Capital Management (LON: LIT) says that the debt covenant waiver by Northleaf has been extended to the end of June. The interest charge remains two percentage points higher during the waiver. Two cases with A$9m invested have had negative developments and this will lead to write-downs. The strategic review continues. The share price dipped 18.4% to 3.395p.

Oil and gas explorer Sunda Energy (LON: SNDA) had cash of £330,000 at the end of 2025 after reporting a loss of £2.84m. A convertible loan note could raise up to $9m with $1.5m drawn down so far. The acquisition of Matahio Energy NZ is generating cash for Sunda Energy and further funds were raised to finance this. An environmental licence enables drilling of the Chuditch-2 well, south of Timor-Leste. The share price slipped 10.9% to 1.425p.

Caledonian Holdings (LON: CHP) has completed the acquisition of Aspire Commerce for an enterprise value of £9.33m. Aspire Commerce is a payments and trade finance business and the deal required FCA approval. The share price declined 5.51% to 2.4p.

Great Western Mining (LON: GWMO) says initial exploration work has been completed on the 3km corridor between the Defender-Pine Crow tungsten project and the M2 copper resource. Locations have been selected for drilling due to start in July. The share price fell 5.43% to 4.35p.

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