Small Caps
Flacks confirms possible Laura Ashley takeover bid
Miami investment firm Flacks Group said on Monday that it is in the preliminary stages of evaluating a possible takeover bid for womenswear and furnishings retailer Laura Ashley.
Tekcapital soars after net assets climb to 'record' level
Tekcapital's shares leapt on Monday after the intellectual property investor reported a sharp rise in net assets and its portfolio valuation, which almost doubled.
DeepMatter raises £4m for development of 'DigitalGlassware'
Chemistry digitisation company DeepMatter has raised about £4m by way of a placing of 159,185,680 new ordinary shares with new and existing investors at 2. 5p each, it announced on Monday.
Tlou Energy begins production testing at methane development pod
Botswana-focussed coal bed methane developer Tlou Energy has started production testing at its Lesedi 3 development pod, it announced on Monday, adding that “excellent progress” was also being made on drilling operations at the second development pod, Lesedi 4.
Angling Direct buys Chapmans Angling for £1.4m
Fishing tackle and equipment retailer Angling Direct has bought retailer Chapmans Angling for £1. 4m.
Totally subsidiary Vocare wins £10.6m contract extension
Healthcare contractor Totally announced on Monday that its wholly-owned urgent care subsidiary Vocare has been awarded a two-year contract extension, valued at £10. 6m, by the Central London Clinical Commissioning Group.
Audioboom raises £1.5m as it continues to expand content library
Podcast network Audioboom announced that, in order to fund its “rapidly increasing” portfolio of podcasting content, it has raised £1. 5m of new equity funding for growth, via a subscription of 115,384,670 new ordinary shares at a price of 1. 3p each.
Phoenix Global pleased with Empire copper drilling results
Base and precious metals exploration and development company Phoenix Global Mining released the remainder of the results from its 2018 drilling programme at the Empire Copper Project in Idaho on Monday.
Reach beats profit forecasts after Express and Star acquisition
Daily Mirror owner Reach climbed on Monday after its profits beat forecasts following its acquisition of the Daily Express and the Daily Star titles.
Dialight profits slide in 'challenging' year
LED lighting firm Dialight saw revenues and profits slide in a "challenging" trading year as it attempted to address operational issues faced at the start of the period.
Portmeirion ups stake in Furlong Mills
Homewares manufacturer Portmeirion has upped its holding in Furlong Mills.
Tristel raises dividend as international growth drives revenue increase
Tristel raised its interim dividend on Monday after revenue and profit both climbed after its acquisition of Ecomed Group bolstered international sales.
Finsbury Food swings to a profit following disposal of Grain D'Or
British baker Finsbury Food Group swung to a pre-tax profit in the first half of its trading year as a result of the shuttering of Grain D'Or and cost pressures in the form of increased flour prices and labour inflation.
Urban Logistics acquires two smaller urban logistics sites
Real estate investment trust Urban Logistics has acquired properties at Staffordshire's Stone Business Park and Leicestershire's Lime Kilns Business Park from Carbide Properties, conditional on receipt of planning permission.
Taptica warns of 'varied' trading
Advertising technology outfit Taptica, which has been plotting a £260m merger with rival RhythmOne to compete against the dominance of Google, has seen "varied" trading in the first few months of its financial year.
Tungsten swings to a profit as margins and revenues improve
Business transaction network Tungsten swung to an EBITDA profit in the third quarter of its trading year following a bump in revenues and an improved gross margin.
Erris Resources extends Abbeytown zinc project
Mineral exploration company Erris Resources has seen drilling at its Abbeytown zinc project in Ireland successfully connect underground and surface mineralisations, expanding the overall size and potential of the system.
Fusion Antibodies dives as revenues falter
Fusion Antibodies' shares plummeted on Monday after the company warned of failing revenues due to uncertainty surrounding the timing of "a number of potential substantial orders".
One Media snaps up music catalogue from Spanish record label
Digital media content provider One Media IP Group has acquired the music catalogue of Locomotive Records, an independent record label based in Spain.
Angle client demonstrates new use for 'Parsortix' system
Liquid biopsy company Angle said on Monday that one of its leading customers, the Disseminated Cancer Cell Network (DCCNet) in Duesseldorf, has published new results in a peer-reviewed journal of work done to harvest circulating tumor cells (CTCs) from diagnostic leukapheresis (DLA) samples.