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UK small-cap RNS · 24 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.

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  1. 14:40
    Director/PDMR Shareholding Director dealing
  2. 12:30
    New $200 Million Prepayment and Marketing Agreement and Amendment to Reserve-Based Credit Facility
    24, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc.
    Moved: new: Oriente crude prepayment financing – Agreement signed; $150M initial advance
  3. 07:00
    Trading Update, Quarterly Results & Dividend Results
    Quarter shows a $20.8m net loss on $18.3m impairment and loss on disposals, but TCE and asset values recovered, bank debt is fully repaid and cash is $139.2m.
    Disposal of a part (break-up) outlook mixed +0.8% on the day
    Moved: new: Managed realisation vessel sales – 50 disposals agreed; two more completing by December
  4. 07:00
    Trading Update Trading update
    Cobre ore sales and revenue rebounded in Q3 after wildfire downtime, and Redmoor drilling is intersecting the sheeted vein system. However, cash nearly halved to US$0.83m from US$1.59m in the quarter, and Q3 revenue is still below Q3 2024.
    Project milestones outlook positive +16.3% on the day
    Moved: new: Redmoor drilling and MRE update – Six holes drilled, assays and testwork ongoing · new: Cobre sales recovery after wildfires – Q3 volumes recovered; cash reduced
  5. 07:00
    Company update, Board changes and Funding
    CEO Palumbo moves to Executive Chairman in the UAE to raise capital from MENA investors, but the independent Chairman and another NED have left, leaving a thin board.
    Turnaround plan with targets £1.5m · 27% of mcapfirst since Oct 2023 −42.9% on the day
    Moved: new: Funding facility and Rebel Ion option – Option suspended; £1.5m convertible facility, £300k drawn · new: Cost reset and leadership overhaul – New executive team in place; cuts under way · new: Rebel Ion acquiring secured debt – In progress

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