Small cap round up

The founders of contracts-for-difference trading platform Plus500 have sold 15.5m shares in the company at 650p each, raising proceeds of £100.75m. Plus500 said the share sale reflects the founders’ desire to diversify their investments whilst raising funds for personal reasons.

Water treatment and filter producer Amiad Water Systems appointed Dori Ivzori chief executive. Ivzoi will succeed Arik Dayan who remain to assist with handover, will also be appointed director, subject to shareholder approval at the next meeting on 3 November.

Technology recruitment and offshore services company Harvey Nash Group announced its half year results to 31 July on Thursday, which were in line with the board's expectations. The AIM-traded firm reported strong cash flows despite increasing revenues, with a 5% uplift in the its interim dividend.

WANdisco co-founder and chief executive David Richards has stepped down from the board of the 'big data' software company with immediate effect, with chairman Paul Walker taking an executive role in the interim. The AIM-listed company said the search for someone to replace Richards, who co-founded WANdisco in 2005, has already begun and that trading remained in line with expectations as given in August.

Energy procurement consulting company Inspired Energy announced some planned board changes on Thursday, as Bob Holt stepped down from his position as non-executive chairman. The AIM-traded firm also announced the appointment of Michael Fletcher to the role, and Mark Dickinson as non-executive director, with immediate effect.

Air Partner, a global private charter airline provider, unveiled soaring profits for the first half ending 31 July 2016 on Thursday. The firm’s gross profit rose by 34% year-on-year to £16.1m, reflecting strong trading performance and contribution from its consulting business Baines Simmons.