Small Caps Round-Up
Ixico inks supply agreement with LMI
Analytics company Ixico has inked a supply agreement with Life Molecular Imaging that will see it supply that latter's Neuraceq Amyloid PET tracer for use in pharma-sponsored clinical trials.
Gamma Communications hikes dividend after year of growth
Gamma Communications reported an 8% increase in revenue in its final results on Monday, reaching £521. 7m, and a similar 8% growth in gross profit to £267. 2m.
Union Jack Oil further expands footprint in Oklahoma
US and UK-focused onshore oil explorer Union Jack Oil has signed two further farm-in agreements with Reach Oil & Gas for the Wilzetta Fault oilfields in central Oklahoma, which is thought to have substantial reserves.
ECR Minerals shares jump on promising drill results from Creswick sample
ECR Minerals saw shares surged on Monday after the Australia-focused gold miner reported "promising" results from bulk sample testing at the Davey Road site of its Creswick asset.
Zoo Digital shares tank as Hollywood strikes delay projects
The share price of Zoo Digital plummeted on Wednesday after the AIM-listed media tech group delivered a profit warning as a result of delayed customer orders in the aftermath of the writers' and actors' strikes in Hollywood last year.
Chapel Down reports strong year for English sparkling wine
Winemaker Chapel Down saw a slowdown in revenue growth in the second half of 2023 but said that English sparkling wine outperformed the Champagne market over the year.
Everyman delivers bullish 2024 outlook after strong FY growth
Shares in Everyman Media Group jumped on Tuesday after the upmarket cinema chain delivered double-digit growth in both revenues and profits last year and pointed to an "improving film slate" in 2024.
C4X Discovery shares soar on $11m COPD payment from AstraZeneca
C4X Discovery, the AIM-listed drug discovery company, has received a "milestone payment" of $11m from biopharma giant AstraZeneca as part of the progress of its NRF2 Activator programme, causing shares to jump by nearly a half on Wednesday.
Sareum shares jump on cancer drug licensing deal
Shares in AIM-listed biotech group Sareum jumped by a fifth on Tuesday after its co-development partner for cancer treatment SRA737 signed a commercialisation licence agreement with a US biopharma company.
Amigo Holdings hoping for reverse takeover as wind down continues
Shares in struggling finance company Amigo Holdings surged on Monday – albeit from a low base – after the company said it had received some interest for the business.
ITM Power reaffirms guidance after strong first half
ITM Power said in an update on Monday that from 1 April to the end of October, it achieved revenue of £7. 5m, making for a promising trajectory towards its full-year guidance range of £10m to £18m.
LBG Media acquires Betches in $24m deal
LBG Media, the parent company of LADbible Group, announced the acquisition of Betches Media on Wednesday, on a move aimed at expanding its presence in the digital media landscape.
Central Asia Metals lowers dividend after weaker first half
Central Asia Metals (CAML) declared a dividend of 9p per share for its first half on Wednesday, down from 10p in the same period last year.
Lords Group reaffirms full-year expectations
Building materials distributor Lords Group reported a resilient trading performance in an update on Tuesday, reaffirming that it anticipated its full-year performance to be in line with market expectations.
R&Q raises $50m, reports strong quarter
R&Q Insurance has successfully raised $50m in non-voting, perpetual preferred equity through its subsidiary, Randall & Quilter PS Holdings, it announced on Monday, alongside strong first-quarter trading.