UK small-cap RNS · 20 Nov 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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14:27
Angus Energy ANGS £15mCompany UpdateDue diligence is done, but terms are unagreed and the Board now wants a minority non-operated stake with a US operator. This cuts capital and execution risk but also shrinks the deal, and it is not a final agreement.Moved: Debt restructuring and going concern: Positive creditor talks ongoing, no agreement → Long-form term sheets being prepared; shares suspended · Gulf of America reverse takeover: Due diligence ongoing → Due diligence done; negotiating minority non-operated stake
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11:51
Prospex Energy PXEN £26mViura Operational UpdateViura-1B is steady at plateau above 190,000 scm/d with less water, in line with expectations after the earlier outage. This supports cash flow from the largest net asset.Project milestones in lineoutlook positive6 signals in 3 months – usually less than 1 +4.2% on the dayMoved: Viura-1B production restart: Producing at 120,000 m3/d, ramping up → Restarted 17 Oct; at plateau above 190,000 scm/d · Viura reserves update: Awaiting reinterpretation of reprocessed 3D seismic → Operator working on reprocessed 3D seismic model
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07:16
Expression of Interest to Fund Hussar EP513Georgina Energy Plc, GEX.L wishes to advise it has now received a non-binding expression of interest from Harlequin Energy Limited ("Harlequin") to provide the funding and enter into a Joint Operating Agreement ("JOA") for the drilling of the Hussar EP513 …Moved: Hussar well drilling approvals: Formal drilling approval received from DMPE → Approved; site preparation under way; funding proposed · new: Hussar well funding – Non-binding expression of interest received
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07:00
Cobra Resources COBR £35mMetallurgical Optimisation UpdateSuccessful first pass suppression of cerium to maximise valuable dysprosium and terbiumMoved: Boland ISR development: Field hydrology trials completed; resource drilling continuing → Cerium suppression first-pass tests successful
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07:00
CMC Markets CMCX £1,877mHalf-year Results ResultsH1 was ahead of market expectations and FY2026 net operating income is now guided about 10% above consensus on a strong H2 start, though PBT was flat on the Australian remediation charge.Turnaround plan with targets ahead of expectationsoutlook positive, raisedfirst since Oct 2023 +28.9% on the dayMoved: new: Westpac partnership – Agreed; launch in about 12 months · new: Web3 and DeFi third vertical – Early build-out; live tokenised share trade done · new: Cost relocation to lower-cost jurisdictions – Transition under way; dual-running costs
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07:00
Supermarket Income Reit SUPR £1,141mSUPR scales joint venture through sale & leasebackJV buys 10 Asda stores at a 7.4% NIY, with SUPR funding £98m, and SUPR agrees to move five assets into the JV at 3% above book. This recycles lower-yield assets, lifts fee income and extends WAULT.Large acquisition / reverse takeover £196.0m · 17% of mcapoutlook positive3 acquisitions in 3 months – usually less than 1 +0.1% on the dayMoved: Debt-funded UK pipeline deployment: Targeting pipeline; debt capacity to be deployed → Asda deal agreed; JV transfer pending due diligence
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07:00
Mcbride MCB £299mAGM Trading Update and Share Buyback Trading updateBoard starts a £20m buyback using the full ~10% authority, saying the market cap undervalues the Group, and plans to seek up to 25% authority if the discount persists.Moved: new: Share buyback programme – £20m buyback to commence shortly · new: SAP S/4 Hana ERP implementation – Wave 1 live at Middleton and Manchester
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07:00
Grainger GRI £1,340mPreliminary Full Year Financial Results ResultsFY25 EPRA earnings rose 12% to £53.7m on 12% higher net rental income, with dividend up 10% and FY26/FY29 earnings guidance reiterated; NTA flat at 298p and LTV 38.4% are the soft spots.Moved: new: Committed BTR pipeline delivery – £343m pipeline, c.£130m spend remaining · new: Deleveraging to c.30% LTV – LTV 38.4%, target c.30% by FY29
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07:00
Breedon Group BREE £1,151mTrading Update Trading updateGuidance of £275-280m Underlying EBITDA sits below the company-compiled consensus of £286.9m (range £278.9m-£292.0m), so it is below expectations, though profitable growth and lower leverage are still promised.Moved: new: Lionmark integration – Integration continuing · new: Market recovery timing – Guidance below consensus; recovery timing uncertain
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07:00
Dr. Martens DOCS £628mH1 FY26 Results ResultsSS26 wholesale order books are healthier year-on-year, with the Americas showing good progression and EMEA a broader product range, particularly shoes. This points to firmer wholesale demand ahead.Moved: new: Levers for Growth strategy – Early execution, green shoots reported · new: US tariff impact – FY26 impact quantified, half offset
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07:00
Half-year Results ResultsHalf-year adjusted PBT fell to £15.7m from £25.8m on lower average AuMA and a lower revenue margin, with net outflows of £2.3bn and the interim dividend cut to 7.0p from 22.0p.Moved: new: Share buyback programme – Announced, up to £10m, shares cancelled · new: Institutional mandate wins – Won, awaiting funding · new: Cost efficiency programme – Announced, implementation under way
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07:00
PayPoint PAY £418mResults for the half year ended 30 September 2025 ResultsNot an upgrade: FY26 underlying EBITDA is guided ahead of last year and in line with market expectations, while the £100m target will likely take longer to reach.Moved: Deliver £100m underlying EBITDA by end of FY26: pending → delayed – The company still aims for £100m underlying EBITDA but now says it will likely take longer than FY26. · Launch self-service kiosks and extend Royal Mail shop across Collect+: pending → on_track – Royal Mail Shop rollout continues across H2 FY26, with self-service kiosks due in Q4 FY26. · Launch Local Banking deposits with at least two banks live by H1 FY26: pending → delayed – Lloyds BankLocal launched, but the second major bank goes live later than planned, in Q4 FY26, after the H1 FY26 target.