Small Caps
Escher Group sees board exodus after offer from Hanover BidCo
Following a bid from Hanover BidCo for the entire issued share capital of Escher Group which was announced on 27 March, five of the company’s six board members have resigned.
UniVision's shares soar as Hong Kong railway contract drives high expectations
CCTV and surveillance firm UniVision Engineering said on Tuesday that, courtesy of a "transformational" year, expected revenue and profits for the year ended 31 March to outstrip those of the previous year.
Inspirit Energy installs corporate finance expert as non-executive director
Environmentally friendly boiler company Inspirit Energy announced on Tuesday that it has appointed Anthony Samaha as a non-executive director with immediate effect.
Vectura slumps as Sosei 'has no attention of making an offer'
Japenese biopharmaceutical company Sosei confirmed that, contrary to recent press speculation about a possible offer for inhaler specialist Vectura, it did not intend to make a bid.
SpaceandPeople to replace outgoing non-executive chairman with city and media expert
Footfall venue commercialisation experts SpaceandPeople announced on Tuesday that its non-executive chairman Charles Hammond will leave his role on 29 June.
CityFibre to go private in £538m Sachs-led deal
Nascent broadband network developer CityFibre has agreed to a £538m takeover by a consortium backed by Goldman Sachs, it was revealed on Tuesday, with the company claiming going private would make it easier for it to pay for its plans to build full fibre-optic infrastructure to a fifth of the UK market.
Tissue Regenix begins sales of 'DermaPure' from CellRight Texas facility
Regenerative medical devices company Tissue Regenix Group announced on Tuesday that, following the successful completion of the manufacturing technical transfer, it has begun sales of ‘DermaPure’ products processed at the CellRight Technologies facility in San Antonio, Texas.
Proteome Sciences narrows loss as it makes operational strides
Proteome Sciences issued its audited results for the year ended 31 December on Tuesday, reporting revenue growth of 23% to £3. 38m, which was underpinned by a 79% increase in sales and royalties attributable to ‘TMT’ reagents.
CityFibre shares surge as it agrees to be taken private
CityFibre shares were motoring ahead on Tuesday, as the broadband group agreed to be taken private, while also reporting full year results where turnover improved 126% to £34. 8m.
Reach4Entertainment launches new Amsterdam-based agency with industry experts
Entertainment brand building and marketing firm Reach4Entertainment Enterprises (R4E) announced the launch of a new Dutch agency and office named Dewynters Amsterdam B. V. on Tuesday.
Tern's subsidiary to support Microsoft programme with security platform
Investment company Tern PLC’s partially owned subsidiary Device Authority (DA), a business dedicated IoT (Internet of Things) security, will support the Microsoft Azure IoT Hub.
Online Blockchain pleased with early cryptocurrency business development
Online Blockchain updated the market on its ongoing project development on Tuesday, which its board said was in response to recent investor questions.
Duke Royalty signs £7.5m financing deal with Brownhills Glass
Alternative capital solutions provider Duke Royalty has entered into a royalty financing agreement of up to £7. 5m, with £6. 5m drawn down immediately, with Brownhills Investments.
Albert Technologies launches pilot projects with 'high profile corporates'
Software company Albert Technologies launched two new pilot projects in Latin America on Tuesday, the first with a Fortune 50 consumer goods corporation and the second with one of the region's top five retailers.
OptiBiotix Health signs distribution agreement for weight loss solution
OptiBiotix Health said on Tuesday that it has signed a non-exclusive UK distribution agreement for its SlimBiome weight management technology with Cambridge Commodities Limited (CCL).
RWS' soaring revenues held back by FX headwinds
Despite facing "significant" exchange rate headwinds, language and localisation provider RWS has "performed well" throughout the first half of its trading year.
Sumo Group losses widen on amortisation
Despite rising underlying earnings, video games developer Sumo Group saw annual losses widen after writing down the value of several old contracts in its first set of results since its IPO back in December.
Great Western Mining's drilling programme churns on despite delays
Exploration firm Great Western Mining reported on Tuesday that its M2 copper-gold infill drilling programme in Mineral County, Nevada, is "proceeding well" despite technical and operational problems.
SDX Energy makes new oil discovery at Egyptian asset
North Africa focused oil and gas company SDX Energy has made a new oil discovery at its Rabul 4 well in the West Gharib Concession of Egypt.
Goldplat's production stays golden as elution plant completed in Ghana
In a quarterly update on Tuesday, gold producer Goldplat plc said its operations in Ghana and South Africa remain profitable and that installation of an elution plant in Ghana has been completed.