Small caps news round-up

Consumer self-care products company Venture Life Group on Wednesday said it widened its 2015 losses as costs rose. Loss before tax, amortisation and exceptional items came to £0.73m in the year to 31 December 2015, compared to a loss of £0.59m the previous year.

Drug discovery and development company C4X Discovery Holdings on Wednesday announced the appointment of Clive Dix as chief executive with immediate effect. Dix joined the company as non-executive chairman in October 2014 and became executive chairman in November 2015‎. Non-executive director, Sam Williams, will become interim chairman while the company searches for a replacement.

Emerging markets mobile financial services provider eServGlobal was celebrating a new contract win on Wednesday, having secured a deal to supply its PayMobile software to an unnamed service provider in West Africa. The AIM-traded firm said the total contract was worth €1.6m over two years, with approximately €1.1m to be recognised within the current financial year.