UK small-cap RNS · 22 Oct 2025
Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.
Key = all announcements except routine filings (voting rights, buybacks, holdings, director forms), plus the ones that are part of a situation. Not investment advice.
Sort: Newest · Largest companies
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16:46
Savannah Energy SAVE £115mOps & Financial Update, Fundraising & Buyback FundraiseNine-month revenue and cash collections rose and receivables fell, but gross production dropped to 20.1 Kboepd from 23.0 Kboepd, so the update is a trading update rather than full results.Moved: Uquo two-well drilling campaign: Long-lead procurement under way; compression completed → Well site construction ongoing; turnkey drilling contract signed · Stubb Creek production expansion: Production at 3.3 Kbopd; up to 18-month programme → Production up to 3.3 Kbopd · Accugas debt refinancing: Transitional Facility agreements signed after period end → Transitional Facility agreements signed
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16:31
Savannah Energy SAVE £115m2025 Half-Year Results & Trading Update ResultsProfit before tax rose to US$101.5m, but it was lifted by non-cash SIPEC acquisition gains while Adjusted EBITDA fell to US$72.9m on non-recurring costs and gas volumes were lower.Moved: new: Uquo two-well drilling campaign – Long-lead procurement under way; compression completed · new: Stubb Creek production expansion – Production at 3.3 Kbopd; up to 18-month programme · new: Accugas debt refinancing – Transitional Facility agreements signed after period end
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11:55
Management ChangesCEO Ben Turney leaves immediately, also leaving the board, with no successor named. This comes days after the Nightshift maiden resource and the plan for an extra 250tpd plant, adding execution uncertainty.Moved: Hillside gold development and plants: Nightshift maiden resource; plants being built → Build-out continues under interim leadership · new: CEO succession – Interim CEO and CFO in place
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10:52
Hussar EP513 Environmental Plan APPROVALGeorgina Energy Plc, GEX.L wishes to advise it has received formal Environmental Management Plan ("EMP") Approval to drill the Hussar Prospect in EP513.Moved: Start drilling or re-entry at the Hussar well by the end of 2024: pending → delayed – Environmental plan approved but drilling approval is still pending and site works have not begun, so the end-2024 drilling start has been missed. · Lodge the EIS2 environmental study and heritage survey for Hussar with DEMIRS by: pending → delivered – The regulator has approved the Hussar Environmental Plan, so the environmental submission is now through, though the announcement does not name EIS2 or the May 2025 date. · Spud the Hussar well in Q3 2026 (September) and complete a 50-day programme: pending → on_track – Approval progress supports a later spud, but no spud date or 50-day programme is given; rig and crew are yet to be contracted.
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10:00
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07:00
Activities Report for September Quarter 2025FID and DFC debt funding slip to 1H 2026 as execution readiness needs more time. Preliminary western EPCM bids show higher capex and opex than the Feb 2024 FEED, and cash covers about 2.3 quarters.Moved: Tiris funding discussions: Ongoing under Executive Chair → Advanced non-binding talks; DFC needs execution readiness · new: Tiris FID and engineering – Basic engineering extended; costs under review · new: Häggån uranium legislation and permitting – Legislation tabled; concession awaiting Mining Inspectorate
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07:00
Macfarlane Group MACF £124mTrading Update Trading updateFY2025 adjusted operating profit now seen 20-25% below the £24.7m market expectation, driven by the fatal Pitreavie incident and a slower Distribution recovery.Moved: new: Pitreavie incident and investigation – Site operations suspended; investigation ongoing · new: Distribution performance improvement – H2 recovery slower than expected
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07:00
Trellus Health TRLS £0.5mContract Signed with Leading Global CROConverts the late-stage CRO talks into a signed 12-month contract with an upfront fee, monthly fee and milestones, but the CEO says it does not extend the cash runway beyond early December.Moved: Cash runway and fundraising: Runway to early December; fundraising talks ongoing → Runway still early December despite new contract · New CRO collaborations: One late-stage contracting; second at preferred vendor status → One contract signed; second at preferred vendor
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07:00
Hardide HDD £94mYear End Trading Update Trading updatePre-close update for FY25: revenue up over 25% to £6.0m and EBITDA of about £1m against break-even, plus first positive EPS in many years, so a clear turn to profit.Moved: new: Medium-term revenue doubling target – FY25 revenue £6.0m vs £10m+ target
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07:00
Final Results ResultsAnother loss-making year (loss £400,266, revenue £600) for the former property developer; the Chairman calls the result disappointing, with only a small cash balance and no profits from developments counted.Cash shell / net cash above market value £0.4m · 6% of mcapoutlook mixedfirst since Oct 2023 −16.7% on the dayMoved: new: Talbot Park Tunbridge Wells build – Permission granted; third-party construction under way · new: Funding and going concern pressure – Thin cash; losses continue