CatalystWireBeta

UK small-cap RNS · 10 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.

Sort: Newest · Largest companies
  1. 23:01
    2026 Guidance and Operations Update
    This is the first 2026 budget, so it is not a raise of existing guidance. It targets $60-80M base-case free cash flow, but production of 42,000-47,000 boepd sits below the current 48,000-49,000.
    Balance-sheet stress / refinancing outlook positivefirst since Oct 2023 −2.8% on the day
    Moved: Free cash flow and deleveraging focus: New buyback authorised alongside deleveraging aim → 2026 budget targets $60-80M base-case FCF · Cohembi Raju-1 exploration well: Spud expected early November → Spud 5 Nov; 21 ft net reservoir found, testing · new: Perico and Espejo acquisition – Closed; post-closing regulatory steps pending
  2. 12:01
    Holding(s) in Company Holding
  3. 12:00
    Holding(s) in Company Holding
  4. 11:40
    Final Investment Decision on Sea Lion
    Rockhopper Takes Final Investment Decision on Sea Lion
    Project milestones outlook mixed −7.1% on the day
    Moved: new: Sea Lion Phase 1 development – FID taken; awaiting Financial Close · new: US$140m Placing and Open Offer – Conditional on Financial Close · new: Project cost and EPF support funding – EPF estimate raised to US$52.5m
  5. 07:00
    Patent notice of allowance granted for China
    Notice of allowance in China extends Eroxon patent protection to 2040 in a very large market, supporting the search for a Chinese partner as the company tries to turn itself around.
    Sale process / strategic review outlook positive −4.4% on the day
    Moved: Strategic review and turnaround: Review under way; partner models being reviewed → Review under way; China IP strengthened
  6. 07:00
    November Palm Oil & Cashew Update
    November CPO output was flat year on year (+0.4%), a recovery from October's 21.5% fall, and CPO and PKO prices are higher. CPO sales volumes fell 32.1% and the extraction rate slipped, so the update is not a clear gain.
    Segment turn outlook positive3 signals in 3 months – usually about 2 +5.3% on the day
    Moved: Cashew processing expansion: Equipment installed; processing above 700 tonnes monthly → Processing steady at 700 tonnes; stock-purchasing secured · Palm oil low-season recovery: October output improving but still below last year → November output flat year on year
  7. 07:00
    Trading Statement Trading update
    Board now expects FY26 revenue c.10% above consensus (£50.1m) with higher Adjusted EBITDA margins, driven by first-half operational gearing, so forecasts should rise.
    Segment turn ahead of expectationsoutlook positive, raised3 business updates in 3 months – usually less than 1 +28.3% on the day
    Moved: new: FY26 guidance ahead of consensus – Guidance raised; backlog to rebuild in H2 · new: Contracted Backlog rebuild – Backlog down to c.£74.0m; pipeline active
  8. 07:00
    Half-year Results Results
    Revenue of £59.5m (+17%) is in line with the expectations already flagged in the November update, but adjusted EBITDA fell to £8.3m with margin down 320bps on higher employer NI and listing costs.
    Transformational contract / build-out in lineoutlook positive +1.6% on the day
    Moved: UK Armed Forces contract mobilisation: Mobilisation underway → Mobilisation underway; revenue from H1 2027 · Platform enhancement programme: Programme commenced → Programme commenced, delivery under way · Acquisition integration: Both deals completed, integration under way → Cognate rebranded; Care first integrating
  9. 07:00
    Operational Update
    Progress report on the new gold streaming and treasury strategy: infrastructure is being built and deployment is due from January 2026, but no contracts, figures or funding are given and the financing plan is still to come.
    Transformational contract / build-out outlook positive +11.3% on the day
    Moved: Gold streaming and treasury pivot: Review concluded; new strategy announced → Infrastructure build-out; pipeline unnamed, unfunded · Korea permits and partnership: Seeking permits and assessing partners → Reassessment; partner talks, legal review due January · new: Philippines Batangas reactivation – Re-engaged with partner; plan being drawn up
  10. 07:00
    Half-year Results Results
    Continuing MSP EBITDA edged up to £9.1m and margin to 13.7% on cost control, but revenue fell 3.6% and the Board guides to broadly flat MSP revenue this year.
    Disposal of a part (break-up) £127.0m · 147% of mcapoutlook mixed −3.1% on the day
    Moved: Data centre disposal: Conditionally agreed; awaiting conditions precedent → Conditions partly satisfied; completion expected by 31 March · Focused MSP strategy: Strategy being finalised post-disposal → Updated strategy agreed and being executed · Return of capital and debt reduction: Intended, subject to completion → RCF cut agreed with lenders; return still to be decided

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note