Small Caps
Jarvis Securities shares fall as company faced with regulatory changes
Jarvis Securities shares fell approximately 10% on Thursday, despite strong dividend, revenue and profit growth, after the company’s final results indicated it faces significant cost increases as a result of regulatory changes.
Mosman Oil & Gas Raises £0.5m for future opportunities
Junior oil firm Mosman Oil & Gas announced on Thursday that it has raised £500,000 before expenses for evaluations of new acquisition opportunities.
Tlou Energy shares plummet as Botswana tender cancelled
Tlou Energy’s shares fell over 20% on Thursday after the company reported that the Botswanan government cancelled their tender for coalbed methane-fueled (CBM) power plants due to non-compliance.
Collagen Solutions enlists Shanghai firm to aid China distribution
Collagen Solutions announced on Thursday that it has engaged with a Shanghai-based firm to help synchronise the distribution of its products in China.
Earthport sees revenues grow as payments network expands
Cross-border payments network Earthport issued an unaudited trading update for the six months ended 31 December on Thursday, reporting 8% growth in revenues over the prior year to £15. 4m.
Costain, Balfour and Renew best placed for HS2 and other rail gains
Broker Numis said on Thursday that it expects UK rail to be a key growth area for the construction sector in the foreseeable future, with phase-one of HS2 in 2020 and 2021 offsetting the completion of major rail projects from Crossrail and Thameslink.
Per-user revenues fall at The People's Operator
Cause-based mobile virtual network operator (MVNO) The People's Operator updated the market on its trading and operations for the 12 months ended 31 December on Thursday, confirming that revenues for the 2017 financial year would be about £3. 55m, in line with management forecasts.
Venn Life Sciences trades in line as it looks to future strategy
Integrated drug development company Venn Life Sciences issued a trading and strategy update on Thursday, with the board describing 2017 as “another solid year”.
Anisa acquisition sees Sanderson make solid start
Investors in digital retail technology and enterprise software specialist Sanderson Group were told of the company’s performance since its expansion through the acquisition of the Anisa Group at its annual general meeting on Thursday.
Scancell announces collaboration with ISA Pharmaceutical
Scancell Holdings announced on Thursday that it has entered a collaboration agreement with Dutch company ISA Pharmaceutical, which will see further development of Scancell’s Moditope anti-cancer platform.
NetScientific portfolio company Axsis bags first sale
NetScientific announced on Thursday that its portfolio company, ProAxsis, has secured the first sale of NEATstik to a research laboratory conducting a respiratory clinical trial.
Botswana Diamonds updates on Thorny River project
Botswana Diamonds said a scoping study of its Thorny River project had led to an updated estimate of the diamond value range of $120-$220 per carat.
Smart Metering Systems wins First Utility contract extension
Smart Metering Systems, on Thursday said had signed an agreement with First Utility to supplement its existing contract.
Pembridge acquires cash-generating Canadian copper mine
Pembridge Resources announced on Thursday that it has struck a deal agreement to acquire 100% of Canada-based copper miner, with an associated $50m fundraising.
Ten Lifestyle wins new contract with Visa
AIM-listed Ten Lifestyle, a technology-enabled lifestyle and travel platform, has won a new, additional contract with Visa to provide concierge services to its high and ultra-high-net-worth clients as part of its Visa Infinite and Visa Signature affluent card concierge programmes.
Laird appoints Mike Bell as chief technology officer
Engineering solutions provider Laird has appointed former Jaguar Land Rover executive Mike Bell to the role of chief technology officer as part of its effort to deliver "world class innovation".
Connect Group offloads books division to Aurelius
UK-based distribution company Connect Group has agreed to revised terms on the disposal of its books division to Aurelius Equity Opportunities for £6m in cash.
Primary Health Properties raises dividend payments after strong rental growth
London-based real estate investment trust Primary Health Properties raised its annual dividend for the twenty-first year in a row thanks to a more than doubled IFRS pre-tax profit.
Zinc Media appoints new chief executive
Zinc Media Group said on Thursday it had appointed David Galan as chief executive with immediate effect.
Mayan Energy's new well hits 51 barrels in one day
Oil and gas company Mayan Energy announced on Thursday that its new well produced 51 barrels of crude oil in its first 24 hours.