Small cap round up

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Sharecast News | 03 Nov, 2016

Zoo Digital said on Thursday that it swung to a pre-tax profit in the six months to the end of September as revenue grew 18%.
First-half pre-tax profit came in at $421,000 versus a loss of $6,000 in the same period a year ago, as revenue rose to $7.8m from $6.6m.

AIM-listed Rosslyn Data Technologies’ business Rosslyn Analytics has won a two-year $400,000 contract with a US global media company to use its cloud analytics platform. About $257,500 (£200,000) will be paid in the first year and $150,000 (£125,000) in the second, with an option to extend the contract or add additional services to it.

South32 has agreed to acquire the Metropolitan Colliery, an underground metallurgical coal operation and associated interest in a nearby port terminal, for US$200m from beleaguered US giant Peabody Energy. As well as the cash payment, the two companies agreed a mechanism where they will both share commodity price upside in the first year of production, or on a minimum 1.3m tonnes, should metallurgical coal prices exceed an agreed forward curve.

Energy investment company Plutus PowerGen’s first power generation site in Plymouth has been brought into operation. Attune Energy is now operating at full output and the AIM-listed company said that is part of its strategy to become a “predominant player in the flexible energy generation market”.

AIM-listed professional services company Christie Group’s business, Christie & Co, a provider of agency and advisory services, announced it had brokered the acquisition of the Chapman Group by Dominion Hospitality. Dominion Hospitality, an affiliate of private equity company Stellex Capital Management, invests in middle market companies in North America and Europe and bought the hotel and pub company, in order to expand its presence in the UK.

Budget currency payments service FairFX breaks the £10m barrier for monthly loads while turnover for the quarter increased.
The company’s overall performance remains in line with market expectations as for the quarter ended 31 October, turnover climbed 45% year-on-year to £314m, while turnover for the year rose 24% to £656m.


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