Small Caps News
Origin Enterprises buys Green-tech for undisclosed sum
AIM-listed Origin Enterprises said on Friday that it has bought Green-tech, a manufacturer and distributor of landscaping, forestry and grounds maintenance equipment, for an undisclosed sum.
Tracsis awarded new contracts with large American transit agency
Transport-focussed software, hardware and data analytics company Tracsis has been awarded new contracts for the supply of remote conditioning monitoring (RCM) hardware and software to an unnamed North American transit agency, it announced on Thursday.
Morses Club performs 'resiliently' in 2020
Non-standard financial services provider Morses Club said on Thursday that it performed “resiliently and profitably” in the year ended 27 February, accelerating its digital strategy in response to the Covid-19 pandemic.
'Light at the end of the tunnel' as Revolution plans reopening of bars
Revolution Bars is to begin reopening its estate from 12 April, the Aim-listed operator said on Thursday, as it confirmed it had enough cash to survive until lockdown restrictions were lifted.
AB Dynamics acquires Vadotech Group for EUR 26m
Testing systems and measurement products supplier AB Dynamics has completed the acquisition of Vadotech and Zynit, collectively known as Vadotech Group, for total cash consideration of up to €26m (£22. 46m), it announced on Thursday.
Proton Motor Power order intake improves sixfold in 2020
Proton Motor Power Systems reported a near-sixfold improvement in its order intake for 2020 on Thursday, to £7. 3m.
Edenville Energy still working on handover in Tanzania
Edenville Energy updated the market on its operations at the Rukwa Coal Project in southwest Tanzania on Wednesday, reporting that it was continuing to work with its strategic partner Infrastructure and Logistics Tanzania (ILTL) on the proposed handover of operations at Rukwa.
Nostra Terra reports doubling of acreage at Cypress farmout
Oil and gas exploration and production company Nostra Terra updated the market on operations at its Pine Mills asset in East Texas on Wednesday, reporting that the Cypress farmout acreage had doubled in size.
Smart Metering Systems secures new domestic contract wins
Smart Metering Systems said on Wednesday that had secured new domestic smart meter contract wins with two of the "fastest-growing independent energy suppliers".
Maestrano raises £2m for staff and capacity expansion
Transport-focussed artificial intelligence (AI) company Maestrano Group announced a proposed placing via an accelerated bookbuild on Wednesday, to raise a total of £2m before expenses.
Allergy Therapeutics reports record pre-R&D operating profit
Commercial biotechnology company Allergy Therapeutics reported a 7% improvement in its revenue in actual terms in its interim results on Wednesday, and 5% growth at constant rate, to £54. 0m.
Inspired Energy acquires Businesswise Solutions and GEM
Energy procurement, cost optimisation and legislative compliance service provider Inspired Energy has completed the acquisitions of BWS Holdco and its trading subsidiary Businesswise Solutions, and General Energy Management, it announced on Wednesday.
Wishbone Gold to acquire Cottesloe Project in Patersons Range
Precious metals exploration and trading company Wishbone Gold has signed an exclusive deal to acquire full ownership of the 92. 19 square kilometre Cottesloe Project in the Patersons Range region of Western Australia, it announced on Wednesday.
Cambria Automobiles keeps guidance suspended amid 'significant uncertainty'
Motor retail group Cambria Automobiles said on Wednesday that it would continue to withhold guidance as its trading environment continued to experience "significant uncertainty" as a result of Covid-19 and the various lockdown and tier strategies imposed by Downing Street.
Mosman shares down on fall in pressure at Falcon-1
Oil exploration, development and production company Mosman Oil and Gas announced on Wednesday that the operator of the Falcon-1 well in East Texas had reported a recent increase in water production, alongside a fall in pressure at the well.
Coral Products acquires Customised Packaging for £1.25m
Plastic products supplier Coral Products has acquired Customised Packaging for a net consideration of £1. 25m, satisfied by a combination of cash and new ordinary shares.
Gamma buys partner Mission Labs in £40m deal
Technology-focussed communications services provider Gamma Communications has acquired the entire issued share capital of Mission Labs, it announced on Wednesday, for initial consideration of £40. 2m.
Barkby posts H1 loss as Covid-19 impacts trading
Hospitality outfit Barkby Group said on Wednesday that it had weathered the Covid-19 pandemic largely due to the success of its "highly cash generative" commercial property development business.
Urban Logistics announces £23m forward funding at two sites
Specialist industrial and logistics property investor Urban Logistics announced the £23m forward funding of two development sites on Wednesday.
Safestay sells smallest Barcelona hostel for EUR 0.9m
Hostel operator Safestay announced the agreed sale of the smallest of its three hostels in Barcelona, ‘Barcelona Sea’, a leasehold site with 96 beds, to Beds and Foods Barcelona for €0. 9m (£0. 78m).