Small Caps News
Maintel agrees to sell managed print business
Cloud and managed communication services provider Maintel has conditionally agreed to sell its managed print services business unit to Corona Corporate Group (CCS), it announced on Thursday, for £4. 5m in cash.
Ariana Resources starts diamond drilling at Magellan
Exploration and development company Ariana Resources announced the start of diamond drilling on the Magellan Project in Cyprus on Thursday, via its earn-in on Venus Minerals.
Randall & Quilter ups stake in New York-based Tradesman
Specialty non-life insurance company Randall & Quilter has agreed to increase its stake in New York-based managing general agent Tradesman Program Managers to 40%, it announced on Thursday, from 35%.
EMIS revenue flat, return to growth anticipated
Healthcare software and technology company EMIS reported a 4% improvement in recurring revenue in its final results on Thursday, to £130m, as total revenue remained flat at £159. 5m.
Thorpe flags steady recovery after first half headwinds
Professional lighting systems manufacturer FW Thorpe reported a 1. 8% decline in first half revenue on Thursday, to £56. 4m, as turnover fell at its overseas offices.
XLMedia to acquire Sports Betting Dime in $26.0m deal
Digital publisher XLMedia said on Thursday that it had agreed to acquire US outfit Sports Betting Dime for roughly $26. 0m.
Restore confident in outlook after second half recovery
Information and document management company Restore reported a 15% fall in revenue from continuing operations in its full-year results on Thursday, to £182. 7m, which it said reflected the impact of the Covid-19 pandemic, primarily in the second quarter.
Proton Motor Power gets fourth order from large aerospace customer
Fuel cell and electric hybrid system developer Proton Motor Power has received a fourth order from a large, unnamed international engineering and aerospace company, it announced on Thursday.
ITM Power sells MW-scale electrolyser to Sumitomo
Energy storage and ‘clean fuel’ technology company ITM Power announced the sale of a 1. 4MW electrolyser to Sumitomo Corporation on Thursday.
Mobile Streams signs 'major contract' with Quanta Media
Data intelligence company Mobile Streams said on Thursday that it had signed a "major contract" with Quanta Media for the use of its Streams data platform.
Directa Plus reports 'strong' Q1 trading performance
Graphene nanoplatelets producer Directa Plus said on Thursday that first-quarter trading had been "strong", with revenues projected to show a marked improvement year-on-year.
Keywords Studios acquires 85% stake in Australian video games developer
Video games industry technical and creative services provider Keywords Studios has acquired an 85% interest in Australian multi-platform title developer Tantalus in a deal valued up to $46. 8m.
Audioboom narrows losses as revenues outpace predicted industry average
Podcast company Audioboom narrowed losses in 2020 as full-year revenues outpaced the predicted wider industry average growth by 93%.
Portmeirion FY revenues and pre-tax profits tumble amid pandemic
Pottery company Portmeirion's full-year results came in ahead of recently upgraded market expectations, driven by a "strong" second-half trading performance and a return to profitability.