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Small Caps News
23 May
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Tortilla to buy rival Chilango for up to £2.75m

Mexican restaurant group Tortilla has bought rival Chilango from investment firm RDCP Group for up to £2. 75m in cash.

23 May
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Expectations exceeded for Arecor's two lead clinical-stage programmes

Biopharmaceutical developer Arecor Therapeutics said in an update on Monday that it was making “huge strides” on its growth trajectory, focussed on its two lead clinical-stage programmes.

23 May
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Plant Health Care's Brazil partnership progresses ahead of plan

Biological agricultural product developer Plant Health Care said on Monday that its partnership with Nutrien Soluções Agrícolas for its ‘Saori’ soybean seed treatment was progressing ahead of expectations in Brazil.

23 May
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Malvern International enters five-year partnership with UEL

Malvern International has been appointed by UEL as the preferred supplier of student recruitment services in mainland China, it announced on Monday, establishing a strategic collaborative partnership for the next five years.

23 May
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Union Jack reaches $6m revenue since Wressle restart

Onshore producer Union Jack Oil announced on Monday that “material landmark” net revenues of $6m (£4. 77m) have been achieved from the Wressle hydrocarbon development.

23 May
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Tavistock agrees to acquire asset research firm Hummingbird

Tavistock Investments has agreed to acquire the entire issued share capital of LEBC Hummingbird, it announced on Monday, for £3m in cash.

23 May
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Quantum Blockchain surges on crypto mining progress

Quantum Blockchain Technologies updated the market on the current progress of its bitcoin mining research and development on Monday, reporting that it has moved from simulation testing and started live experimental mining on its platform using a standard version of the ‘SHA-256’ algorithm.

23 May
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CentralNic reports solid first quarter growth

Online service provider CentralNic reported an improvement in both revenue and adjusted EBITDA in the March quarter on Monday, driven by a combination of acquisitions and underlying organic growth.

23 May
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Ince FY revenues seen 'slightly' lower YOY, pre-tax profits to fall short of expectations

Shares in legal and professional services outfit Ince slumped early on Monday after the group revealed full-year revenues had come in "slightly" lower year-on-year following "a challenging last quarter".