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UK small-cap RNS · 12 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.

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  1. 11:49
    Holding(s) in Company Holding
  2. 10:34
    Update on Proposed Acquisition & Loan Facilities
    Longstop for the Gulf reverse takeover moves from 13 Feb to 31 Mar 2026, keeping the deal alive, but completion is still not guaranteed and existing holders face heavy dilution (sellers get 80%).
    Balance-sheet stress / refinancing outlook mixed +0.0% on the day
    Moved: Alpha and Mercuria loan default: Extension talks ongoing as maturity date passes → Extended to 31 March 2026, conditional on progress · Gulf International Minerals reverse takeover: Conditional SPA; CPR and presentation published → Conditional SPA; longstop extended to 31 March
  3. 07:01
    £39m Contract with DEFRA
    A competitively won £39m, 4-year DEFRA award, building on its incumbent UCD position, adds large visible public-sector work as the turnaround shifts to growth. It follows the £22m NHS England win.
    Turnaround plan with targets £39.0m · 43% of mcap +16.1% on the day
    Moved: Three-year turnaround plan: Management says turnaround executed; now focusing on growth → Turnaround executed; growth wins building (NHS England, DEFRA)
  4. 07:00
    Increased and Extended Credit Facility
    Sancus Lending Group Limited (AIM: LEND) is pleased to announce that it has entered into definitive legal agreements to increase the size, and extend the maturity, of its existing credit facility with Pollen Street Capital ("Pollen Street"), following a …
    Balance-sheet stress / refinancing £300.0m · 3226% of mcap +11.1% on the day
    Moved: new: Funding facility capacity and maturity – Facility upsized to £300m, extended to 2031
  5. 07:00
    Statement re Possible Offer Offer
    Helios Consortium restates its US$1.15 cash possible offer after the board's rejection, urges shareholders to press the board, and shows letters of support covering 52.70% of shares. Still no firm bid.
    Takeover target £214.0m · 105% of mcap −1.4% on the day
    Moved: Helios possible offer: Second proposal rejected; offer period under way → Possible offer rejected; Helios courting shareholders; 52.70% backing
  6. 07:00
    Half-year Results Results
    Half-year loss rose to US$5.2m from US$1.1m as the Nevada tungsten projects were built out. Total assets nearly doubled to US$37.6m after the raise, so the loss reflects planned spend.
    Project milestones outlook positive −1.0% on the day
    Moved: Pilot Mountain pre-feasibility study: PFS underway; maiden S-K 1300 resource filed → PFS engineering workstreams advancing; multiple rigs drilling · Tempiute drilling and development: Drilling programme started late summer 2025 → Drilling ongoing; assay results pending · Tempiute environmental baseline studies: Appointing contractors → Staged site assessment commenced

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