Small cap round up

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Sharecast News | 31 Jan, 2017

Updated : 17:27

AIM-listed CityFibre, a builder and operator of fibre optic infrastructure, expects to report a rise in revenue following an acquisition of infrastructure assets at the beginning of 2016 and as the company added a new internet connections. For calendar 2016, the company expects to report revenue in excess of £15m and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of about £2.5m, in line with expectations.

Cambria Africa, an AIM listed active investment company primarily focused on Zimbabwe, has extended its open offer after its latest trading update showed a 131% increase in profits for its Payserv subsidiary. Last week the company announced that its profit before tax for the four months ended 31 December 2016 rose to $660,000 from $286,000 for its largest subsidiary Payserv.

Snoozebox, an AIM listed accommodation provider, announced that it will once again be providing accommodation for the Glastonbury festival this year. The company will be supplying two blocks of hotel rooms, which can be booked on flyglastonbury.com, for the duration of the event, scheduled from 21 June 2017 to 25 June 2017.

AIM listed aviation services company Gama Aviation took off as its European ground division signed a Europe-wide maintenance agreement with France’s air taxi service WIJET. Gama Aviation will provide full base and line maintenance support for WIJET’s fleet of 15 Cessna Citation Mustangs from its base in Oxford, in addition to providing aircraft on the ground (AOG) support across Europe to ensure aircraft availability.

TLA Worldwide, an AIM listed athlete representation and sports marketing business, announced that for the second year in a row it will bring the National Collegiate Athletic Association (NCAA) college American football season opener to Sydney Australia.The Sydney Cup will see Stanford University take on Rice University at Allianz Stadium on 27 August 2017.

Premier Veterinary Group has enjoyed a 48% increase in the number of pets on its preventative healthcare programme helped by a 11% leap in the last quarter. Premier's recurring revenue streams are driven by the number of pets that are signed up to the Premier Pet Care Plan.

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