Small Caps
Duke Capital flags another rise in recurring cash revenue
Hybrid business capital specialist Duke Capital said in a trading update on Monday that it anticipated recurring cash revenue of £6. 5m for its third quarter, marking a 4% increase compared to £6. 3m in the same period in the 2024 financial year.
SDX Energy shares surge as it delays general meeting
SDX Energy shares were surging on Monday, after it announced the postponement of its general meeting.
Proton Motor Power to slash costs, delist from AIM
Zero-carbon fuel cell and hybrid systems developer Proton Motor Power announced plans to operate on a significantly reduced cost basis on Monday, while pursuing the cancellation of its shares from trading on AIM.
Arecor upbeat on signing of exclusive licensing deal
Arecor Therapeutics announced the signing of an exclusive licensing agreement for AT351, a ready-to-dilute (RTD) liquid formulation of a widely-used critical care therapy, with a subsidiary of a leading global pharmaceutical-focused chemicals marketing company on Monday.
Thruvision appoints finance chief as its new CEO
Walk-through security technology specialist Thruvision Group announced the appointment of its chief financial officer, Victoria Balchin, as its new chief executive officer on Monday, effective 2 January.
Ondine enrols first patient in phase three clinical trial
Ondine Biomedical announced the launch of its phase three clinical trial for ‘light-activated antimicrobial therapy to prevent surgical site infections’ (LANTERN) on Monday, having enrolled its first patient.
Helix Exploration agrees to acquire helium processing plant
Helix Exploration, a company focused on helium exploration and development within the Montana Helium Fairway, announced on Monday that it has entered into a letter of intent to acquire a helium pressure swing adsorption (PSA) processing plant.
Huddled Group buys remaining 25% of Boop Beauty from founder Amr
Online retailer Huddled Group said it had bought the 25% of cosmetic waster seller Boop Beauty that it did not own for £100,000 after talks with founder Yasmine Amr.
Gelion confident after reporting narrower EBITDA loss
Energy storage technology company Gelion reported total income of £2m in its final results on Friday, primarily from research and development tax incentives and grant income, consistent with market expectations.
Genedrive upbeat on publication of clinical performance data
Point-of-care pharmacogenetic testing specialist Genedrive announced on Friday that clinical performance data for its Genedrive CYP2C19-ID Kit had been published in the Journal of Molecular Biology.
Rome Resources receives subscription funds from Stanvic
Democratic Republic of the Congo-focussed tin explorer Rome Resources announced the receipt of subscription funds from Stanvic on Friday, as part of its strategic investment initiative.
Two killed in further unrest near Gemfields Mozambique venture
Gemfields updated the market on the unrest in Mozambique on Thursday, reporting two deaths as “illegal” ruby mining groups exploited ongoing political instability.
Electric Guitar becomes cash shell as subsidiary enters liquidation
Electric Guitar confirmed on Tuesday that 3radical, previously its primary operating subsidiary, had entered creditors’ voluntary liquidation following shareholder and creditor approval on 23 December.
Logistics Development redeems £10m investment, plans tender offer
Investing company Logistics Development Group announced the redemption of its £10m investment in Nash Squared's loan notes on Tuesday, following the disposal of the NashTech division by the Power of Talent Midco.
Roadside Real Estate swings to full-year profit
Roadside Real Estate reported a profit after tax of £43. 2m in its final results on Tuesday, a significant swing from the prior year’s £10. 2m loss, largely driven by discontinued operations, including a £41m non-cash gain from the partial sale of Cambridge Sleep Sciences (CSS).
Cohort acquisition of EM Solutions pushed back to February
Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.
Gemfields says operations could be hit by Mozambique unrest
Gemfields said on Tuesday that there could be interruptions to its mining operations in Mozambique due to civil unrest.
Mindflair raises £0.49m through share placing
Next-generation artificial intelligence specialist Mindflair announced on Tuesday that it has raised £0. 49m through a share placing.
Power Metal deal to buy into GSAe reaches second phase
Power Metal Resources updated the market on its agreement to acquire a 75% stake in GSA Environmental (GSAe) on Tuesday - an engineering technology firm specialising in industrial waste remediation and metal extraction.
Weiss Korea reports 'good progress' with strategic review
Weiss Korea Opportunity Fund reported “good progress” in its ongoing strategic review on Tuesday, following its last update on 4 November.