Small Caps News
Renew Holdings acquires electricity transmission and distribution business
Engineering services company Renew has entered into the electricity transmission and distribution market with its £26. 0m acquisition of Excalon.
Coral Products to reinstate interim dividend, FY earnings seen in line
Plastic products manufacturer Coral Products said on Tuesday that it intends to reinstate interim dividends after its recent full-year performance came in line with market expectations.
Novacyt settles High Court dispute with DHSC
Biotechnology group Novacyt and the UK's Department of Health and Social Care have reached a commercial settlement of all claims and counterclaims in High Court proceedings.
Camellia FY revenues seen higher, pre-tax losses expected to widen
Tea producer Camellia said on Thursday that annual revenues were expected to grow year-on-year despite reduced tea production expectations in India and further drops in tea prices in both Kenya and Malawi.
Concurrent Technologies secures two 'important contracts'
Computer products designer Concurrent Technologies said on Thursday that it has secured "two important contracts" via its recently acquired Phillips Aerospace business.
Mission rejects 'opportunistic' Brave Bison approach
The Mission Group has rejected a revised "opportunistic" takeover approach from Brave Bison, it confirmed on Thursday, arguing that it undervalues the business.
Inspecs H1 revenue and underlying earning seen lower YOY
Eyewear manufacturer Inspecs Group warned on Thursday that interim revenues and underlying earnings would be lower than the prior year and more in line with historic trading.
N Brown returns to FY statutory profit
Online retailer N Brown Group said on Thursday that it had returned to profit in the year ended 2 March thanks to lower adjustments and a focus on driving profitable sales.
ITM Power FY losses better-than-expected
Energy storage and clean fuel company ITM Power said on Thursday that full-year underlying losses were better than initially expected as it worked to attain "a positive operating rhythm" throughout the twelve months ended 30 April.
Angle unveils plans to raise more than £10m
Liquid biopsy specialist Angle is to raise more than £10m to support future growth, the UK company announced on Wednesday.
Synectics trades 'comfortably in line' with expectations
Security and surveillance systems business Synectics said on Tuesday that year-to-date trading was "comfortably in line with market expectations" and that its cash position remained "strong".
Ceres Power awarded further contract for collaboration with Shell
Fuel cell technology developer Ceres Power has been awarded a further contract for the second phase of its collaboration with Shell.
Checkit proposes merger with rival Crimson Tide
Software business Checkit announced plans to merge with rival Crimson Tide on Tuesday, stating the acquisition would help both companies create "a scaled workflow software company".
Franchise Brands ups FY dividend payout, underlying earnings seen at top end of guidance
Multi-brand franchise business Franchise Brands said on Monday that it will look to up its full-year dividend payout as it now expects to report adjusted underlying earnings at the top end of current market expectations.
The Property Franchise Group acquires GPEA and associated companies
Lettings and estate agency The Property Franchise Group has acquired GPEA and its associated companies, trading as The Guild of Property Professionals and Fine & Country, for a total consideration of approximately £20. 0m.
Strip Tinning names Mark Perrins as group CEO
Connection systems supplier Strip Tinning has appointed Mark Perrins as group chief executive officer, joining the board of directors with immediate effect.
Hvivo scores £2.5m contract for Omicron characterisation study
Contract research organisation Hvivo has secured a £2. 5m contract with a mid-sized pharmaceutical company to initiate an Omicron characterisation study after the manufacture of its Omicron BA. 5 challenge agent was successfully completed in 2023.
MP Evans purchases minority stakes in Indonesian subsidiaries
Palm oil producer MP Evans has purchased a 5% minority holding in the majority of its Indonesian subsidiary trading companies.
Blackstone increases Hipgnosis offer
US private equity firm Blackstone has upped its bid for embattled music rights publisher Hipgnosis as it looks to change its takeover offer to a so-called 'scheme of arrangement'.
WH Ireland to sell capital markets business to Zeus for up to £5m
WH Ireland said on Monday that it has agreed to sell its capital markets business to investment bank Zeus Capital for up to £5m.