Small caps news round-up

Oil and gas explorer Aminex is selling a 3.8% interest in the Kiliwani North Development licence in Tanzania to Solo Oil for $2.16m (£1.49m), the company announced on Thursday. Solo’s stake in the licence will increase to 10% following the completion of the deal. Aminex will remain the majority owner with a 51.75% holding.

One of Eden Research's long-term projects came to fruition on Thursday, with the company announcing its product - 3AEY - had received authorisation in Italy, and would be released to the market by the company's local partner. The AIM-traded firm providing natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, said the product was for use in the prevention and treatment of botrytis in table and wine grapes.

Shares in Target Healthcare REIT gained on Thursday after announcing the acquisition of a specialist care home in Bricket Wood, St Albans for £2.3m.

Polish diners appeared to be swapping their pierogi for pizza in 2015, with DP Poland revealing some impressive numbers in a full-year trading update on Thursday. The company said like-for-like system sales were up 16% in the 12 months to 31 December 2015. The company had achieved 13 consecutive quarters of double digit growth on the measure at year-end.

Zotefoams kicked its Chinese joint venture into action on Thursday, with the announcement of a new product - T-FIT Clean - to be made at its facility in the country's Jiangsu province. The listed supplier of cellular material technology said the product would be manufactured and sold through its joint venture company, ZOTEK King Lai, established with the King Lai Group in March last year.

Sanne Group, a specialist provider of outsourced corporate and fund administration, has agreed to acquire Dublin-based Chartered Corporate Services (CCS) for an undisclosed sum. Chartered Corporate Services specialises in the delivery of company secretarial, liquidations, payroll and VAT reporting services.