Small Caps
Polarean Imaging to float for late stage clinical trial funding
Medical technology company Polarean Imaging PLC announced on Monday that it intends to launch an £11m float on the AIM market.
Nostra Terra gains permit Permain Basin well
Oil and gas exploration and development company Nostra Terra announced on Monday that it has gained drilling approval for one of its locations in the Permain Basin, Texas.
YouGov profits rocket on strong US and UK performances
AIM-quoted market research and data firm YouGov saw profits soar in the first half of its trading year thanks to a strong showing in the US and back home in the UK.
Speedy Hire expects profits to exceed previous forecasts
Rental equipment provider Speedy Hire has further reduced its hire fleet as part of its optimisation programme, improving return on capital, asset utilisation and profits in the process.
Instem nets contract extension amid release of strong 2017 results
Drug research and development company Instem announced on Monday that it has secured a significant contract extension from a company using its SEND platform.
Vipera revenues surge after acquisitions of SoftTelecom
Mobile financial services provider Vipera announced a trading update for the year ended 31 December on Monday, reporting a 27% improvement in group revenues to €10. 1m.
Tristel teams up with Parker Labs ahead of US approval for 'Duo'
Infection prevention products manufacturer Tristel has entered into a manufacturing and marketing agreement with US-based Parker Laboratories, whereby Parker will manufacture Tristel's ‘Duo’ chlorine dioxide foam disinfectant for the north, central and south American market, and would market the product in the ultrasound marketplace throughout the region.
Restore acquiring TNT Business Solutions in £88m deal
Office services provider Restore has entered into an agreement to acquire TNT Business Solutions, the records management business of TNT UK, for a total consideration of £88m on a cash and debt free basis, it announced on Monday.
Synectics gets security system contract for new German metro trains
Advanced surveillance technology company Synectics announced on Monday it is to supply networked video recording solutions for a fleet of new metro trains set to service a major German city, with an initial contract value of more than €1m.
Stratex and IAMGOLD get approval for option agreement
Turkey and Africa-focussed gold exploration and development company Stratex reported on Monday that, following its announcement on 1 March, it has received governmental approval in Senegal for its option agreement with AGEM Senegal Exploration.
Columbus completes dismissal of 15 employees in Spain
Trinidad-focussed oil and gas producer Columbus updated the market on its Spanish subsidiary, Compañía Petrolifera de Sedano (CPS) on Monday, after it began a collective dismissal procedure under Spanish law affecting its employees in Burgos.
Verona Pharma soars after 'encouraging' results from COPD study
Top-line data from Verona Pharma's phase 2b clinical study of chronic obstructive pulmonary disease treatment showed a large and sustained improvement in lung function, showing the drug holds potential to be a new complementary treatment.
Shore Capital profits nearly double amid 'political uncertainty'
Financial services group Shore Capital almost doubled profits in its most recent trading year, boosted by double-digit sales growth at its asset management division, despite its stockbroking division being weighed down by "political uncertainty".
SpaceandPeople's profits soar thanks to 'continued focus' at home and abroad
AIM-quoted media firm SpaceandPeople saw profits surge in its most recent trading year, despite reporting a slight dip in gross revenue, thanks to a "continued focus" on its core UK and German markets.
SDX Energy spuds Egyptian well
North Africa-focused oil and gas company SDX Energy has spud its Ibn Yunus-1X exploration well at South Disouq, Egypt.
Premaitha Health takes a kick amid pregnancy test patent battle
Medical diagnostics group Premaitha Health saw its shares drop on Monday after failing in its attempts to have a patent infringement claim thrown out of court.
Scapa swallows up Texas-based BioMed Laboratories
Scapa Group has acquired Texas-based BioMed Laboratories, it announced on Monday, for an initial cash consideration of $19m with a further cash consideration of up to $13m payable depending on the acquisition’s performance in calendar years 2018 and 2019.
Bioventix ups dividend on improved profits
AIM-quoted pharmaceuticals company Bioventix saw revenues and profits move ahead in the first half of its trading year, leading the company to boost its first interim dividend by 20%.
SolGold drilling programme discovers mineralised extensions in Ecuador
Copper and gold exploration company SolGold announced on Monday that its Alpala drilling programme has discovered strongly mineralised extensions.
Akers Biosciences seals US distribution agreement for heparin test
Health information technology company Akers Biosciences has entered a three-year hospital distribution agreement covering the United States.