Small Caps
Vivo Energy aims for London and Johannesburg floats
Vivo Energy, retailer and marketer of Shell-branded fuels and lubricants in Africa, announced on Tuesday that it plans to list on the London and Johannesburg exchanges in May.
MXC Capital sees share boost after Castleton Technology sale
MXC Capital saw its share prices boosted on Tuesday after announcing that it has sold 660,000 ordinary shares of 2p each in the capital of Castleton Technology at a price of 75. 848p per share.
Elektron Technologies subsidiary breezes past £1m annual recurring revenue milestone
Elektron Technologies announced on Tuesday that its operations management and monitoring subsidiary Checkit Limited has passed the £1m mark in terms of annual recurring revenue (ARR).
Bad news keeps rolling in for Safestyle as HSE slaps it with £850k fine
Following profit warnings in December and February, there was more bad news for Safestyle on Tuesday as the Health & Safety Executive slapped the double glazing group with an £850,000 fine relating to an incident in which one of its contractors suffered an injury.
Flowgroup to sell main subsidiary to Co-op as price cap looms
Flowgroup's shares plummeted on Tuesday after the company announced its intention to sell its main subsidiary, Flow Energy Limited, in the face of government energy price caps.
Lionsgold increases interest in Finnish joint-venture
AIM-quoted group Lionsgold has increased its interest in its Finnish joint venture to 30% following the injection of additional working capital.
UK small caps in line for cash injection after record VCTs fundraisings
Fundraising for small cap companies via Venture Capital Trusts for the 2017/18 tax year was the second highest amount since the tax-efficient investment vehicles' inception more than two decades ago.
Kibo Mining raising £1.5m through placing
Africa-focussed energy and resource company Kibo Mining confirmed on Tuesday that it has received commitments to raise £1. 5m before expenses via a placing of 28,571,428 ordinary shares, at a placing price of 5. 25p per share.
Forbidden Technologies says 2 new customers using Blackbird platform
Cloud video technology firm Forbidden Technologies on Tuesday said two new Blackbird platform customers are using its mobile upload service and Mac Edge technology.
Tanfield sees Snorkel sales increase swing joint-venture to a profit
Electric vehicle manufacturer Tanfield has seen sales at Snorkel, its joint-venture with heavy equipment and construction machinery firm Xtreme Manufacturing, increase 60% in the fourth quarter of the last trading year after reducing material cost bills, resulting in an increase in its gross margin for much of the year.
Cambridge Cognition software making waves in Alzheimer's drug trials
Health software company Cambridge Cognition said on Tuesday that its CANTAB Recruit software is now established in two of the world’s largest Alzheimer’s phase III drug trials.
ValiRx narrows losses after cutting R&D costs
AIM-quoted life science company ValiRx narrowed losses in its most recent trading year after making "important strides" in growing its internal research and development capabilities.
ReNeuron appoints Richard Beckman as chief medical officer
AIM-listed stem cell research company ReNeuron has appointed Richard Beckman as chief medical officer, replacing Julian Howell, who has left to pursue other opportunities.
Premier African Minerals appoints seasoned geologist to the board
Premier African Minerals has appointed seasoned geologist Wolfgang Hampel, the former chief operating officer of Tantalus Rare Earths, as a director of the company with immediate effect.
D4T4 Solutions jumps after slew of contract wins
D4T4 Solutions achieved a record number of bookings for the second half of the data solutions provider's financial year ending 31 March.
Mission Marketing ups dividend after 'very decent year'
Communications and advertising group the Mission Marketing Group saw revenue and profits move ahead in what its chairman called a "very decent year".
Acacia sees expected decreases in first quarter production
Acacia Mining issued its production results for the first quarter of 2018 on Tuesday, reporting that group gold production for the quarter was in line with expectations at 120,981 ounces, a 55% decrease on the first quarter of 2017, which the board said was primarily driven by the move to reduced operations at Bulyanhulu and to stockpile processing at Buzwagi.
Hydrogen Group swings statutory loss after acquisition of Argyll Scott
Specialist recruitment company Hydrogen Group announced its final results for the year ended 31 December on Tuesday, with group revenue rising to £125. 9m from £116. 2m in the prior year.
CFO makes sudden resignation from MySQUAR
Myanmar-language social media, entertainment and payments platform MySQUAR announced on Tuesday that Pham Dang Hung has stepped down from his role as chief financial officer of the company and as an executive director from the board of directors with immediate effect, to pursue other interests.
Faroe's Fenja field gets ministerial approval in Norway
Independent oil and gas company Faroe Petroleum announced on Tuesday that the Norwegian Minister of Petroleum and Energy has approved the plan for the development and operation of the Fenja field.