Small Caps News
Amino Technologies bids for bankrupt tech firm MobiTV
Television technology company Amino Technologies has submitted a bid through a wholly-owned subsidiary to acquire the trade and assets of MobiTV and MobiTV Services Corporation, a United States-based live and on-demand television platform provider, it announced on Monday.
Water Intelligence wins another US national insurance account
Leak detection and remediation technology company Water Intelligence announced another insurance national account win on Monday, its third for the year-to-date.
STM sells Jersey-based trust services business
Cross-border financial services provider STM Group announced the unconditional sale of its Jersey-based trust and company services businesses for a minimum of £1. 4m cash.
Hotel Chocolat upgrades full-year expectations
Premium chocolatier Hotel Chocolat said on Monday that trading for the year to 27 June 2021 is set to be "significantly ahead" of expectations as it reported a jump in revenues.
Polarean Imaging gets another research unit order
Medical imaging technology company Polarean Imaging has received an additional research unit order for a ‘9820 Xenon Polariser’ system from the University of British Columbia (UBC), it announced on Monday.
Corcel acquires stake in 'shovel ready' gas peaking project
Exploration and development company Corcel said on Monday that it had acquired a 40% interest in the "shovel ready" Tring Road gas peaking project outside of Aylesbury from Arlington Energy.
Eden Research's 'Cedroz' gets approval in Italy
Biopesticides company Eden Research announced on Monday that its commercial collaborator Eastman Chemical Company has received authorisation for the sale of ‘Cedroz’ in Italy.
Hurricane reports lower oil production rate at Lancaster
UK-based oil and gas company Hurricane Energy updated the market on Lancaster field operations on Monday, reporting that in April, as part of its periodic reservoir management well testing programme, the field was producing from both the P6 and P7z wells in various different configurations and at various production rates, including periods of well shut-ins for pressure build-up tests.
RUA Life Sciences FY royalty income impacted by FX movements
Medical device group RUA Life Sciences said on Monday that it had seen continued like-for-like growth in royalty income from its Elast-Eon polymer product but cautioned that foreign exchange headwinds would bring about an overall decline in the metric.
Begbies Traynor acquires Midlands finance broker MAF
Begbies Traynor Group announced the acquisition of Midlands-based finance broker MAF Property on Monday, which trades as MAF Finance Group.
Fourth quarter cash revenue in line for Duke Royalty
Alternative capital provider Duke Royalty updated the market on trading in its fourth quarter on Monday, reporting cash revenue from partner distributions and gains from equity asset sales in line with expectations, totalling £2. 5m.
SmartSpace EBITDA loss widens as it focuses on recurring revenue
Building and commercial space management software company SmartSpace Software reported a 64% improvement in recurring revenues in its final results on Monday, to £2. 4m.
Open Orphan subsidiary signs contract to make Covid-19 challenge virus
Specialist pharmaceutical services contract research organisation Open Orphan announced on Monday that its subsidiary hVIVO has signed a contract with Imperial College London, as part of a Wellcome Trust-funded initiative to manufacture a SARS-CoV-2 challenge virus.
TP Group secures new order with UK's Ministry of Defence
Engineering services company TP Group said on Monday that it had secured a new order for consulting and digital services from the UK Ministry of Defence worth £1. 1m.
Powerhouse Energy enters Hungary and Greece deal with HUI
Waste-to-hydrogen technology company Powerhouse Energy Group has agreed to enter into non-binding heads of terms with Hydrogen Utopia International (HUI), it announced on Monday, with a view to granting an exclusive non-transferable licence for the application of its ‘DMG’ technology in Greece and Hungary.
Physiomics FY income likely to fall short of market expectations
Technology-based solutions provider Physiomics said on Monday that total income for the financial year ending 30 June was likely to be below market expectations due to both Covid-19 related project delays and an increased focus on longer-term value-generating activities.
Marlowe FY results set to beat expectations on 'strong' H2 trading
Security systems outfit Marlowe said on Monday that trading in the second half of the year had been "strong", with the group now expecting to report full-year results ahead of market expectations.
Mirriad strikes framework agreement with mystery food and beverage firm
Advertising company Mirriad said on Monday that it had reached a multi-brand framework agreement with an unnamed global food and beverage company.