UK small-cap RNS · 2 Dec 2025

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

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07:00

RC Fornax PLC RCFX £4.5m
Trading Update Trading update
Reports a record start to FY26 with orders up over 70% after a FY25 revenue slump, and says governance fixes are working. No profit or revenue guidance is given, so conversion into revenue is still to be shown.

Transformational contract / build-out £2.2m · 49% of mcapoutlook positivefirst since Oct 2023 +22.8% on the day

Moved: Public sector space framework contract: Initial six-month contract awarded; RC Fornax is lead integrator → Contract included in record FY26 new orders · Post-SDR contract and framework pipeline: Advanced discussions with two defence primes → Order intake rising; three new clients won · Procure X marketplace build-out: Early development; Smart Scope at MVP → Awaiting fundraise completion to accelerate development
07:00

CLS Holdings CLI £189m
Trading Update Trading update
Leasing held at last year's value and the company is over halfway through its sales programme, but two German tenant insolvencies will lift vacancy and leasing was slower than targeted.

£400.0m · 212% of mcapoutlook mixedfirst since Oct 2023 +4.9% on the day

Moved: new: £400m disposal programme – £190m left; bids accepted or in negotiation · new: 2025 debt refinancings – all 2025 maturities refinanced, approved or repaid · new: Office leasing and vacancy – new leases offset by German insolvencies
07:00

Metir plc MET £1.2m
Trading Update and Growth Plan Trading update
Metir plc (AIM: MET), the leading global provider of fast response mobile and point-of-use water and environmental testing technology, today provides a trading update ahead of its financial year ended 31 December 2025.

in linefirst in 6 months −6.1% on the day