Small caps round-up

Central Rand Gold announced on Friday that it has completed and executed the definitive documents which will govern its Joint Venture Tolling Agreement with the unnamed third party supplier of gold bearing ore. The AIM-traded firm also announced that it has received multiple deliveries of gold bearing ore from the supplier which is presently being stockpiled on site at the company's metallurgical plant.

Clinigen Group announced on Friday that it has made an application for the admission to trading on AIM of 38,308 ordinary shares of 0.1p each. The firm said the shares have been issued to satisfy the exercise of share options, and rank pari passu with the existing shares of the group.

Lakehouse has appointed Robert Holt as chairman of the asset and energy support services group following a "challenging" start to the year. Ric Piper will step down as non-executive chairman but will continue as a non-executive director.

Ariana Resources announced on Friday a placing of 29,616,666 new ordinary shares of 0.1p each in the company, at a price of 1.5p per share, in order to raise gross proceeds of around £0.45m before expenses. The AIM-traded firm said the placing has been undertaken within the company's existing share authorities, and has been supported by both new and existing shareholders.

South East England-focused housebuilder Inland Homes updated the market on its trading on Friday, ahead of its preliminary results for the 12 months ended 30 June, which will be announced in September. The AIM-traded company said it has maintained a considerable focus on successfully piloting a large number of sites through the planning system.

Accrol Group, a maker of toilet rolls and tissue paper, on Friday reported its first set of annual results since floating on the London Stock Exchange’s AIM market on 10 June. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 22% to £15m in the year to 30 April 2016, up from £12.3m the previous year. Adjusted margins rose to 28.1% from 26.0%.

Uvenco issued a warning to the market on Friday, that some costs in its accounts for the year to 31 March might have more of an impact than first thought. The AIM-traded firm said that costs that had previously been categorised as exceptional items and stricter accounting policy interpretations may now increase expected overhead expenditure.

Wireless technologies company Toumaz announced on Friday the sale of its healthcare business, Sensium Healthcare, and also provided the market with a trading update for the six months ended 30 June. The AIM-traded firm said it has agreed the sale of Sensium to Dutch healthcare group, The Surgical Company.

Scientific and technology products company Scientific Digital Imaging posted its final audited results for the year ended 30 April on Friday, with revenue rising to £8.5m from £7.0m a year earlier. The AIM-traded firm reported an increased gross margin of 61.1%, against 59.2%, and an operating profit £536,000 - well above 2015’s £59,000 figure.