UK small-cap RNS · 3 Mar 2026

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

07:00

IWG IWG £1,745m
Preliminary Results Announcement Results
Record FY2025 System-wide revenue and Adjusted EBITDA (+6% to $531m), cashflow before corporate activities +60% and falling leverage, though Group revenue was flat and Company-owned RevPAR fell.

Capital return outlook positivefirst in 6 months −4.5% on the day

Moved: Managed & Franchised network build-out: Signings and openings up c.40%+ year-over-year → Record 2025 signings and openings; pipeline 227k rooms · Share buyback and convertible repayment: Buyback accelerated; $47m repurchased in Q3 → 2026 buyback raised to $100m; convertible largely repaid
07:00

Malvern International MLVN £2.8m
Final Results Results
Underlying operating profit rose to £0.38m on Higher Education and Juniors, but a £1.42m goodwill impairment from the Adult ELT closure gives a £1.29m statutory loss, and an FY2026 operating loss is expected.

Transformational contract / build-out £14.1m · 504% of mcapoutlook mixedfirst in 9 months +0.0% on the day

Moved: Adult ELT closure and reshaping: Closure under way, over next two weeks → Closure in March 2026; goodwill impaired · Fundraising and retail offer: Retail Offer open; closes 23 Feb → £1.95m net raised; cash arriving Feb-March · London Met University partnership: Signed; launch September 2026 → Signed; launch September 2026
07:00

Morgan Advanced Materials MGAM £674m
Final Results Results
Headline adjusted margin fell to 9.6% from 11.7% and statutory operating profit more than halved, but the result matches the stabilising picture and 2026 guidance is in line with expectations.

Sale process / strategic review in lineoutlook mixedfirst since Oct 2023 −13.7% on the day

Moved: Operational effectiveness and growth strategy: Strategy announced; execution starting → Executing: first site turnaround started, ERP due Q2 · new: Thermal Products strategic review – Review formally underway; no decisions made
07:00

Synectics SNX £32m
Final Results and Strategic Update Results
Ocular's qualified opportunity pipeline rose nearly 100% over FY25 after tighter sector focus and bid selectivity. Pipeline value is not stated and the rise is for Ocular only, not the group.

Turnaround plan with targets outlook mixedfirst in 12 months −15.7% on the day

Moved: Product-led software transformation: Early progress; contract wins support broader strategy → Execution phase; FY26 investment year