Small Caps
Serica slumps after US withdraws from Iran deal
Serica Energy worked to reassure investors on its Iran operations on Wednesday, following US President Donald Trump’s decision to pull the US out of the nuclear agreement with the country, made late on Tuesday.
Inspiration Healthcare's subsidiary lands international distribution deal
Inspiration Healthcare Group announced on Wednesday that NeuroproteXeon Limited, in which Inspiration Healthcare has an 8. 1% fully diluted shareholding, has completed a distribution agreement.
Urban Exposure banks £150m on first day on AIM
Property development finance firm Urban Exposure successfully raised £150m on Wednesday, its maiden day of trading on AIM, giving the company an initial market capitalisation of £165m.
Inland Homes appoints MD to board following 'tremendous' impact
Housebuilder Inland Homes announced on Wednesday that managing director Gary John Skinner has been appointed to the board of directors with immediate effect.
Deltex Medical Group sees losses narrow despite faltering revenue growth
Oesophageal Doppler monitoring firm Deltex Medical Group saw its shares dip on Wednesday after the company revealed that, although its 2017 pre-tax loss had narrowed, the company’s revenues declined 6% to £5. 9m.
Vipera narrows losses as it receives cash offer
Specialist mobile financial software services provider Vipera announced its preliminary audited financial results for the year ended 31 December on Wednesday, reporting a 27% rise in total revenue to €10. 1m year-on-year.
TyraTech well on track after operationally successful first quarter
Life sciences company TyraTech updated the market on recent progress with its animal health products, following the successful sale of ‘Vamousse’ as announced on 4 December.
Cello Health makes strong start to year, shareholders told
Healthcare-focused advisory group Cello Health told shareholders it had made a strong start to the year on Wednesday, as they met for the company’s annual general meeting.
IGas production in line as it offloads non-core assets
IGas updated the market on its trading in the year-to-date on Wednesday, confirming that net production was in line with budget for the first four months of the year at an average of 2,323 barrels of oil equivalent per day, as investors gathered for the firm’s annual general meeting.
Limitless Earth to partially sell down Saxa Gres holding
Investing company Limitless Earth updated the market on its investment in Italian industrial waste recycling firm Saxa Gres on Wednesday, confirming that it was selling down part of its holding.
Mirriad makes good operational progress as losses widen
Video technology company Mirriad Advertising announced its audited results for the year ended 31 December on Wednesday, reporting a 23% jump in revenue to £0. 87m as it deployed its services in key advertising markets.
Greatland sees positive results from recent Ernest Giles testing
Precious and base metals exploration and development company Greatland Gold announced results of recent mobile metal ion sampling at its Ernest Giles project on Wednesday, reporting that results from more than 980 samples collected at the Meadows, Empress and Wishbone areas confirmed existing gold targets, and generated new targets.
Microsaic inks Asia Pacific distribution agreement with Rightek
Mass spectrometry instruments developer Microsaic Systems has inked an agreement with a Taiwanese scientific equipment distributor covering the distribution across the Asia Pacific region of its 4500 MiD instrument.
Venture Life Group extends Alliance Pharma manufacturing contract to 2025
Venture Life Group announced on Wednesday that it has extended its manufacturing contract with Alliance Pharma until 2025 and secured business in excess of that currently undertaken for Alliance.
Gresham wins Clareti contract with global investment bank
Software and services company Gresham Technologies has announced a three-year contract with a minimum value of £1. 2m with a "leading" global investment bank and wealth manager for its Clareti Transaction Control (CTC) to implement regulatory reporting controls across multiple asset classes.
Motif Bio appoints Stephanie Noviello as new vice president
Clinical-stage biopharmaceutical company Motif Bio has added former Bristol-Myers Squibb clinical lead Stephanie Noviello to its board to take up the vacant role of vice president, reporting directly to chief medical officer David Huang.
Abcam pulls out of pursuit for Horizon Discovery
Abcam has decided not to make a takeover offer for Horizon Discovery after the latter's results a day earlier were accompanied by further protestations about its rival's recent initial approach.
Echo Energy kicks off four well campaign in Argentina
Upstream oil and gas firm Echo Energy announced on Wednesday that it has begun drilling the first exploration well of a back-to-back four well drilling campaign in Argentina.
Caspian restarts Kazakhstan operations after cold weather
Central Asian oil and gas company Caspian Sunrise has made further progress with its deep and shallow wells on the BNG contract area in Kazakhstan after a prolonged period of exceptionally cold weather.
Vertu Motors FY profit drops amid tougher trading environment
Automotive retailer Vertu Motors posted a drop in full-year pre-tax profit on Wednesday amid a tougher trading environment.