Small Caps News
Sigma Capital begins first PRS development in Scotland
Private rented sector (PRS) development specialist Sigma Capital announced the start of its first PRS development in Scotland with Springfield Properties as its strategic delivery partner on Tuesday.
Alkindi sales drive revenue higher for Diurnal
Speciality pharmaceuticals company Diurnal reported 6% growth in first-half total revenue in its interim results on Tuesday, to £1. 21m.
Profits fall as revenues rise at Arcontech
Financial market data provider Arcontech reported a 4. 7% improvement in turnover in its interim results on Tuesday, to £1. 54m.
Revenue and profits rise at Springfield Properties
Scotland-focussed housebuilder Springfield Properties reported an 18. 3% improvement in revenue in its first half on Tuesday, to £94. 4m, as its operating profit rocketed 42% to £9. 8m.
Kazera Global makes 'significant progress' with diamond asset
Investment company Kazera Global reported “considerable progress” at its diamond asset on Tuesday, with more than 220 carats being sorted in the last month, with a mining grade of 10 carats per 100 tons, in line with its internal forecasts.
Vela Technologies raises £1.5m to fund investment opportunities
Vela Technologies announced on Tuesday that it has conditionally raised £1. 5m, to take advantage of a number of investment opportunities.
Strategic Minerals begins trenching programme west of Redmoor
Strategic Minerals announced on Tuesday that its wholly-owned subsidiary Cornwall Resources (CRL) is starting a trenching and auger exploration programme to investigate the possible presence of extensions of mineralisation up to 1,000 metres to the west of the already-established Redmoor resource.
Greatland Gold outlines 2021 work at Juri joint venture
Precious and base metals exploration and development company Greatland Gold announced the initial 2021 work programme for the Juri joint venture on Tuesday, including the drilling of several targets within the Paterson Range East and Black Hills licences.
AB Dynamics chair takes leave for ill health
Testing systems and measurement products company AB Dynamics announced on Tuesday that its non-executive chairman Tony Best would be taking a leave of absence due to ill health.
First Derivatives selling down stake in Quantile Technologies
First Derivatives has agreed to sell part of its investment in Quantile Technologies to growth equity company Spectrum Equity, it announced on Tuesday.
Victoria raising EUR 350m to fund acquisitions
Flooring company Victoria announced on Tuesday that, following continued strong operating performance and favourable market conditions, it would offer €350m (£301. 91m) in senior secured notes due 2026.
Clinigen FY organic revenue growth at top end of guidance
Pharmaceutical products and services firm Clinigen said on Tuesday that full-year organic revenue growth would be at the upper end of previous guidance, driven by growth in both its services and product units.
Begbies Traynor continues to trade strongly in H2
Corporate restructuring specialist Begbies Traynor said on Tuesday that its recent strong trading performance had continued across both of its operating divisions since the half.
Tracsis H1 trading in line with expectations
Software firm Tracsis said on Tuesday that trading for the first half of the year had been in line with the expectations, with high activity levels seen across large parts of the group.
Non-Standard Finance begins work on 'substantial capital raise'
Subprime lender Non-Standard Finance said on Tuesday that it would have to raise new capital in order to avoid future covenant breaches and address uncertainties around its going concern status.