Small Caps News
Powerhouse Energy reports progress on Bridgend technical centre
Waste-to-energy technology developer Powerhouse Energy reported progress on the development of its technical centre in Bridgend, Wales on Tuesday, which it described as a key part of its strategy to demonstrate its waste-to-energy technology and explore commercial applications.
Mothercare suspends shares from AIM due to delayed results
Mothercare suspended its shares from trading on AIM on Tuesday due to a delay in the publication of its results for the year to 30 March 2024.
Petro Matad announces successful Heron-2 drilling results
Mongolian oil company Petro Matad announced successful drilling results from its Heron-2 well, located in Block XX in the Tamsag Basin, eastern Mongolia on Tuesday.
Mpac launches £1m retail offer alongside £29m placing
High-speed packaging and automation company Mpac launched a retail offer to raise up to £1m on Tuesday, as part of a larger placing to raise almost £30m.
Intelligent Ultrasound completes £40.5m sale of Clinical AI business
Intelligent Ultrasound announced on Tuesday that it has completed the sale of its Clinical AI Business to GE HealthCare, for an enterprise value of £40. 5m.
Eco Animal Health warns on FY revenues
Veterinary products group Eco Animal Health warned on Tuesday that recent challenges in China and Southeast Asia meant that full-year revenues would be "materially below" current market expectations.
SpaceandPeople finalises five-year deal with Network Rail
Retail and brand experience specialist SpaceandPeople confirmed the completion of its contract with Network Rail on Tuesday, securing exclusive rights for exhibitions, events, promotions, and sampling across the railway asset operator’s managed station estate.
Tavistock planning to offload two subsidiaries in £38m deal
Tavistock Investments announced the proposed sale of two of its subsidiary businesses, Tavistock Partners Limited (TPL) and Tavistock Estate Planning Services Limited (TEPS), to the Saltus Partnership Holdings on Tuesday, for up to £37. 75m.
Empyrean addressing China challenges after mixed year
Oil and gas explorer Empyrean Energy reported progress across its projects in China, Indonesia and the US in its final results on Tuesday, while also addressing challenges that had emerged in its operations.
Character Group performs well in FY24 despite 'external challenging conditions'
Toy company Character Group said on Tuesday that whilst the market has continued to experience "external challenging conditions", it continued to "perform well" throughout the year ended 31 August.
Iomart acquires Atech Support holding company, H1 profits fall
IT and cloud computing business Iomart has agreed to acquire Atech Support holding company Kookaburra Topco for £57. 0m in what it called a "powerful combination" of secure cloud offerings that marks the "next phase" in the group's evolution.
Roadside Real Estate disposes of Barkby Pubs subsidiary
Roadside retail real estate business Roadside Real Estate said on Tuesday that it has disposed of its Barkby Pub Co subsidiary as it continues to refocus the business.