(Alliance News) - The following stocks are the best and worst performers on the Small-Cap Thursday afternoon in Piazza Affari.

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FTSE SMALL CAP - WINNERS

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Fidia comes out on top with a 10% gain at EUR0.55 per share. The stock has lost 44% in the last month, 58% in the last six and 62% in the last year.

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It does well Autostrade Meridionali, up 3.3% to EUR10.85 per share. The company announced on Thursday that the board of directors positively evaluated the company's voluntary liquidation and the partial distribution of the extraordinary reserve for about EUR30 million.

The decision, the document says, "was made following the takeover from April 2022 of the new concessionaire in the management activities of the Naples-Pompei-Salerno freeway section, having substantially settled the items arising from the previous management of the freeway section and in the absence of further business opportunities."

The board then instructed the CEO to instruct and bring to the February 21 board meeting, at the same time as the approval of the draft 2023 budget, the relevant proposals for the ordinary and extraordinary shareholders' meeting.

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FTSE SMALL CAP - LOSERS

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Netweek goes to the bottom, giving up 6.0 percent to EUR0.07 per share. The company announced Tuesday that the third tranche of the bond issued last October 20 and fully subscribed by Global Corporate Finance Opportunities was partially converted.

The conversion involved 7 bonds with a total countervalue of a nominal EUR35,000.00.

The price thus determined, equal to EUR0.09 per share, consequently resulted in the issuance to GCFO of 388,888 new Netweek shares with regular dividend rights.

As a result of the conversion, the share capital will thus consist of a total of 50.0 million ordinary shares.

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By Claudia Cavaliere, Alliance News reporter

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