UK small-cap RNS · 11 Feb 2026
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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Pennpetro Energy PPP £11mCompany updateAudit of 2024/25 accounts is expected by 20 February, a step towards publishing accounts and requesting a return to trading. A possible reverse takeover could still hold up trading, and an FCA preliminary enquiry adds uncertainty.Moved: Reorganisation under RMD Group: Management reshuffled; return to trading pending → Audit due; RTO may delay return · Suspension, going concern and pledged shares: Shares suspended since 1 August 2024 → Shares suspended; FCA preliminary enquiry open · new: Impaired Texas assets review – Site visit done; management report pending
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Severfield SFR £112mAppointment of Chief Financial Officer Board changeA permanent CFO replaces the interim post-search, closing a gap since 1 November 2025 as the new CEO reshapes strategy. Page's ISG role is disclosed, but no Severfield effect is stated.Turnaround plan with targets −1.7% on the dayMoved: Strategic review and transformation: Modular Solutions discontinued; wider strategy update due 2026 → Permanent CFO appointed; wider strategy pending
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VP VP. £207mTrading Update Trading updateCuts FY26 profit to £26-29m after November's 'in line with market expectations' stance, as a muted January restart and slower AMP8 water spend hit the fourth quarter; no offset is stated.Moved: Brandon Hire Station repositioning: Announced; execution under way → Good progress; branches cut to 41, c.400 headcount reduction
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Tulu Kapi UpdateTKGM enters into US$20 million Equity Ranking Royalty with Chancery RoyaltyMoved: Tulu Kapi project financing and construction: Loan signed; equity documents in final stage → Funding effectively covered; construction mobilising
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Gattaca GATC £42mTrading Update Trading updateGattaca plc, the specialist staffing solutions business, is pleased to provide the following trading update for the six months ended 31 January 2026 ("H1 26").
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IG Design Group IGR £80mTrading Update Trading updateRevenue now c.$280-285m, above the $270-280m range, with margin at c.4% and adjusted profit above consensus. After a weak H1 (revenue down 13%), this is a real raise, not a confirmation.Moved: Maintain cash in excess of $40m in FY2026.: delayed → changed – Cash now expected at c.$55-60m, well above the previous $40-45m guidance, so the earlier 'delayed' status no longer holds. · Beyond FY2026: 0-5% annual revenue growth, 4-5% adjusted operating margin and ab: pending → on_track – Beyond-FY2026 outlook is unchanged: 0-5% revenue growth and 4-5% margin. Cash generation is now given as $6-8m a year. · CEO recruitment: Recruitment underway → Recruitment still underway
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£22m NHS England contractA £22m, 2-year NHS England award won in competitive tender is large against H1 revenue of £36.2m. It gives visible public-sector work as the turnaround moves to growth, though the new business wins in H126 were lower year on year.Moved: Three-year turnaround plan: Nearing completion; profitability up, debt down → Management says turnaround executed; now focusing on growth
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RTC Group RTC £12mNotification of contract winsGanymede wins an 8-year safety critical and contingent labour supply contract with Southern Renewals Enterprise and gets a 12-month E.ON extension, adding longer-term earnings streams, though as framework contracts with no guaranteed revenue.Moved: new: Ganymede rail and energy contracts – SRE 8-year award; E.ON extended 12 months
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Launch of Indonesian Subsidiary with Local Partner· Eco Buildings to establish a new subsidiary, Eco Buildings Indonesia LLC, to address major modular housing demand in Indonesia.Moved: new: Indonesia subsidiary and production line – Binding MOU signed; subsidiary being set up