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UK small-cap RNS · 24 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. 07:00
    Trading Update Trading update
    Year-end update confirms eight new investments, £30.7m of disposal proceeds and £13.0m of dividends intended for FY2027, which lifts the earlier minimum of £5.0m. Group funds fell to £49.5m as cash was deployed.
    Capital return £30.7m · 13% of mcapoutlook positive +3.7% on the day
    Moved: Deploying cash into new investments: New £5.3m Sodalis investment made → Eight new investments done; nine under assessment
  2. 07:00
    Third Quarter Trading Update Trading update
    Trading in line with expectations; guidance for the full year maintained
    in line +0.0% on the day
  3. 07:00
    Q3 Trading Update: EBITDA guidance Upgrade Trading update
    Adjusted EBITDA guidance is lifted to not less than £7m from £6-7m, so the previous top of the range becomes the floor. Net debt guidance is confirmed below £6m.
    Turnaround plan with targets £110.0m · 122% of mcapahead of expectationsoutlook positive, raised +6.6% on the day
    Moved: Three-year turnaround plan: Growth wins building: NHS England, DEFRA, HMLR → Turnaround concluded; new growth phase next (closed) · new: Next three-year growth plan – FY27 budget being finalised

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