Small Caps
John Spellman to chair Manx Financial's Conister Bank
Manx Financial Group updated the market on the leadership of its wholly-owned Conister Bank subsidiary on Thursday, after David Gibson retired as the bank’s chairman at the end of its annual general meeting on Wednesday.
Zinc Media wins another £4m of new business
Television and multimedia content producer Zinc Media Group said in an update on Thursday that, in the four weeks since its last update, it has won an additional £4m of new business.
Yu Group reports 'strong' start to year despite market volatility
Corporate gas, power and water supplier Yü Group reported a “strong start” to the year in a trading update on Thursday, with the good momentum from 2021 continuing.
SDX Energy spuds offshore Egypt exploration well
Middle East and North Africa-focussed SDX Energy announced the spudding of the MA-1X exploration well, where it has a 67% working interest, offshore Egypt.
Atlantic Lithium expands drilling programme at Ewoyaa
Africa-focussed explorer and developer Atlantic Lithium announced the mobilisation of an additional three drill rigs, the expansion of its drilling programme, and new drilling observations at the Ewoyaa Lithium Project in Ghana on Thursday.
New chairman to replace founder at Jubilee Metals
Africa-focussed metal processor Jubilee Metals announced the appointment of Manuel Lino Silva de Sousa Oliveira, or ‘Ollie’, as a new independent non-executive director with immediate effect.
Burford adds another year to deal with sovereign wealth fund partner
Burford Capital announced the extension of its ‘BOF-C’ arrangement with its sovereign wealth fund strategic partner on Thursday, to 31 December 2023.
PetroTal reports record production, net income in first quarter
PetroTal reported record quarterly production on Thursday, of 11,746 barrels of oil per day in its first quarter, and record quarterly sales of 15,518 barrels per day, up a respective 60% and 80% year-on-year.
Strix maintains expectations in 'challenging' environment
Kettle safety and water filtration developer Strix said in an update on Thursday that, based on its performance in the year-to-date, it was maintaining its trading expectations for the full year.
Foxtons acquires two London-based estate agencies
Estate agency Foxtons has acquired two London-based agencies for a total of £10. 55m as part of the group's efforts to deliver on its strategy and reinforce its position as the capital's largest lettings agent.
Accsys to raise EUR 20m ahead of 'pivotal year'
Chemistry and technology-focussed wood building products developer Accsys announced plans to raise gross proceeds of €20m (£17. 07m), to strengthen its balance sheet, increase its headroom, and fund additional costs at Arnhem.
Caspian Sunrise more-than-doubles its production capacity
Kazakhstan-focussed oil and gas explorer and producer Caspian Sunrise reported a more-than-doubling of production capacity on Wednesday, after a recent well workover.
Eleco upbeat amid temporary 'softening' of revenue
Construction software specialist Eleco reported positive performance in the first four months of 2022 in an update on Wednesday, despite “challenging” market conditions.
Franchise Brands buys out deferred Willow Pumps liability
Franchise Brands outlined its plans to integrate its direct labour organisations (DLOs) in the UK on Wednesday, following the acquisition of Filta Group in March.
Tekcapital raises £2m to help grow portfolio companies
Intellectual property investor Tekcapital has raised £2m before expenses, it announced on Wednesday, to accelerate the growth of its portfolio companies.
Tekmar awarded 'significant' new US offshore wind contract
Offshore energy technology and service provider Tekmar Group announced the award of a “significant” new contract on Wednesday.
Randall & Quilter shares slide on spat with suitor Brickell
Specialist non-life insurer Randall & Quilter updated the market on its proposed recommended acquisition by Brickell on Wednesday, after Brickell alleged that R&Q was in breach of some of its obligations.
Mortgage Advice Bureau confident amid strong demand
Mortgage Advice Bureau said in an update on Wednesday that adviser numbers had grown further since its final results were announced on 28 March, rising 9% in the year-to-date to 2,046 as at 20 May.
Marlowe acquires Cedrec Information Systems in £3m deal
Safety and regulatory software and service provider Marlowe has acquired environmental health and safety data platform Cedrec Information Systems, it announced on Wednesday, for an enterprise value of up to £3m.
Advanced Medical Solutions gets US approval for LiquiBand XL
Advanced Medical Solutions has received approval in the United States for ‘LiquiBand XL’, it announced on Wednesday, which it described as a new device that can close longer wounds than existing LiquiBand products.
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