Small Caps
Modern Water strengthens China sales operation
Water and wastewater treatment technology and water quality monitoring systems provider Modern Water announced on Tuesday that, in keeping with its stated strategy to focus on increasing global sales of its environmental monitoring products - especially in China - its monitoring division appointed Mark Gogol as its vice-president of global sales and Jincan Wang as sales manager in China.
Clinigen and Onxeo launch managed access programme for belinostat
Clinigen Group’s Idis Managed Access division and Onxeo agreed to launch a managed access programme for belinostat - branded Beleodaq - in Europe on Tuesday.
Europa upbeat ahead of Crean 3D survey
UK and Ireland-focussed oil and gas exploration, development and production company Europa Oil & Gas noted on Tuesday a press release issued by TGS on 24 April, regarding its new multi-client acquisition project, Crean 3D on the Irish Atlantic Margin:.
Northbridge shuffles up board and management team
Industrial services and rental company Northbridge Industrial Services announced a number of board and operational management changes on Tuesday, including the appointment of Nitin Kaul as a non-Executive director with effect from 1 May.
Telford Homes to buy Stone Studios in Hackney Wick
AIM-listed residential property developer Telford Homes has exchanged contracts for the purchase of Stone Studios, a residential-led mixed-use development site on Wallis Road, Hackney Wick, E9.
OptiBiotix confirms first LPLDL sales to Germany
Life sciences business OptiBiotix Health announced on Tuesday that it agreed to supply 100,000 units of its ‘LPLDL’ product to German company HLH BioPharma Vertriebs.
Small cap news round-up
Specialist carpet and floor coverings retailer Carpetright said on Tuesday that its full-year profit is expected to be towards the lower end of the current range of market expectations for underlying pre-tax profit of £13. 9m to £16. 2m.
Systemair buys Austrian air handling unit manufacturer
Nasdaq and Stockholm-listed ventilation company Systemair AB has bought Frivent Luft & Wärmetechnik, an Austrian manufacturer of air handling units, for an undisclosed sum.
Tekcapital's stake in Belluscura reduced after Nanotether Discovery Science acquisition
Intellectual property services provider Tekcapital's stake in Belluscura has been reduced after Belluscura bought Nanotether Discovery Science for about £265,000.
Patagonia Gold to sell Argentina gold mine for $15m
AIM-listed miner Patagonia Gold is to sell its Cap-Oeste Sur Este project (COSE) in Santa Cruz Province, Argentina to Minera Triton for $15m.
AB Dynamics sees H1 underlying pre-tax profit rise
Shares in AB Dynamics fell more than 4% after its interim pre-tax profit, excluding share-option costs, rose 9% to £2. 5m, with revenue gaining 9% to £11. 0m.
AFC Energy expands strategic collaboration with De Nora S.p.A.
Industrial fuel cell power company AFC Energy has confirmed an expansion of its strategic collaboration with De Nora S. p. A. after the completion of the first-phase work programme.
Blancco Technology Group reveals pressure on cash, funding needs
Shares in Blancco Technology Group are down almost more than a fifth after a third-quarter trading update revealed pressure on cash and a need for additional funding.
Weak sterling pushes Omega Diagnostics revenue higher
Medical diagnostics company Omega Diagnostics announced on Tuesday that results for the year to 31 March would be in line with market expectations.
Botswana Diamonds venture awarded six new prospecting licenses
Diamond explorer Botswana Diamonds announced the award of six new prospecting licenses in Botswana to Sunland Minerals on Tuesday -the company’s joint venture with Alrosa.
Havelock Europa swings to profit after challenging year
Shares in Havelock Europa are down more than 13% after swinging to a full-year profit in what it said was a challenging year due to a significant reduction in revenue.
Collagen Solutions reports solid revenue rise
Medical grade collagen component developer and manufacturer Collagen Solutions announced preliminary revenue, including other income, of £4. 1m for the year ending 31 March on Tuesday, up from £3. 2m in 2016.
Horizonte Minerals awarded three new mineral exploration concession areas
Horizonte Minerals has confirmed the award of three new mineral exploration concession areas adjacent to the Araguaia North deposits that form part of the company's 100%-owned Araguaia nickel project.
BNN Technology expands commercial partnership with Manchester City
AIM-listed content company BNN Technology has expanded its partnership with Manchester City Football Club.
Hornby defends chairman Canham, says not in best interests to replace him
Model train maker Hornby said that it was not in the best interests of the company or its shareholders to remove chairman Roger Canham from the board and replace him with Alexander Anton.