Small Caps News
Yourgene appoints new United States test distributor
Molecular diagnostics company Yourgene has appointed Immuno-Biological Laboratories, a supplier of in-vitro diagnostic kits for the medical device and research industry, as a non-exclusive distributor for several polymerase chain reaction (PCR) tests across its reproductive health and oncology portfolios in the United States, it announced on Monday.
IG Design maintains solid momentum in new financial yeat
Celebrations, gifting and stationery designer and manufacturer IG Design Group updated the market on its trading on Monday, reporting that it had maintained “good” trading momentum since the start of its new financial year.
Gulf Marine accuses Seafox of seeking to seize control
Gulf Marine Services has reported Seafox International to the Takeover Panel after the offshore jackup company tried to oust GMS's non-executive directors and replace them with its own nominees.
Urban Logistics raising up to £130m to fund its pipeline
Urban Logistics REIT announced a proposed placing to raise around £100m, and a retail open offer and institutional offer to raise up to £30m on Monday, to acquire its identified pipeline of logistics properties.
FinnCap interim revenues surge, profitability improves
Investment bank FinnCap said on Monday that interim revenues had shot up year-on-year.
Ixico selected to support Alzheimer's trial
Data analytics company Ixico has been selected by the Global Alzheimer's Platform Foundation (GAP) to support its planned ‘Bio-Hermes’ trial.
Tekcapital investment Guident files another US patent
Intellectual property investment company Tekcapital announced on Monday that its portfolio company Guident has filed an additional patent for the enhanced remote monitoring and control of autonomous vehicles, delivery drones and robots.
Escape Hunt makes progress at next three sites
Escape room operator Escape Hunt announced progress at its next three UK-owner operated sites in an update on Monday.
Brexit and lockdown hit John Lewis of Hungerford
Kitchen, bedroom and freestanding furniture manufacturer John Lewis of Hungerford reported annual sales of £5. 55m in a trading update on Monday, down from £8. 31m year-on-year, with the year being split into three distinct phases.
Billington secures £21m worth of new contracts
Steel and construction safety solutions group Billington said on Monday that it had been awarded three contracts with a combined value of £21. 0m.
Beximco Pharmaceuticals gets eighth FDA approval
Generic drugs manufacturer Beximco Pharmaceuticals has received US Food and Drug Administration (FDA) approval for flecainide acetate 50mg, 100mg and 150mg tablets), it announced on Monday.
Landore buys half of remaining smelter return at Lamaune Lake
Landore Resources announced on Monday that its wholly-owned subsidiary Landore Resources Canada has entered into an agreement to acquire half of the 2% net smelter returns royalty that is held on its 90. 2%-owned Lamaune Lake Property in Ontario.
Driver Group enters partnership with EVRA Consulting in South Africa
Professional services consultancy Driver Group has concluded a strategic partnership with African claims and dispute resolution consultancy EVRA Consulting, headquartered in Johannesburg, it announced on Monday.
Tern swings to profit after decent first half
Technology-focussed investment company Tern reported net assets of £19. 9m at the end of its first half on Monday, rising from £17. 48m year-on-year, although its current assets slid to £0. 96m from £2. 15m.
Knights Group sees 'encouraging recovery' from initial Covid-19 disruptions
Legal firm Knights group said on Monday that it had seen an "encouraging recovery" following initial disruptions stemming from the Covid-19 pandemic.
Power Metal acquires Botswanan portfolio, forms new JV with Kavango
Exploration and development company Power Metal Resources has acquired a 50% stake in a portfolio of base and strategic metal project interests in Botswana as part of a new strategic joint venture.
Nakama sees 'immediate and significant impact' from Covid-19, delays FY results
Recruitment consultancy Nakama said on Monday that 2020 had been a "challenging and unprecedented" year for the group, with the Covid-19 pandemic having an "immediate and significant impact" on trading.
Superdry warns on covenants as loss widens
Superdry said Covid-19 had disrupted its revival plan and its bank covenants could come under pressure as the fashion brand reported a wider annual loss.