UK small-cap RNS · 4 Mar 2026

Key = all announcements except routine filings (voting rights, buybacks, holdings, director forms), plus the ones that are part of a situation. Not investment advice.

1. 18:00
   Pennpetro Energy PPP £11m

   Key Update on Audit for 2024/25 accounts

   Audit slips a further one to two weeks past the 27 February date, and RMD Group's extra funding confirmation for going concern was not ready in time. The accounts will still carry a reduced disclaimer of opinion, so suspension drags on.

   Balance-sheet stress / refinancing outlook mixed, lowered +0.0% on the day

   Moved: Reorganisation under RMD Group: Audit due; RTO may delay return → Audit delayed one to two weeks; reduced disclaimer expected · Suspension, going concern and pledged shares: Shares suspended; FCA preliminary enquiry open → Shares suspended; going-concern support still outstanding
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2. 13:20
   IG Design Group IGR £80m

   Capital Reduction Update

   The High Court approved the capital reduction, creating distributable reserves. After the DG Americas sale left no room for a dividend, this opens the way to future distributions, though none is announced and it returns no capital now.

   Capital return first since Oct 2023 +2.6% on the day

   Moved: Distributable reserves and dividend: Capital reduction approved by shareholders → Court approved 3 March 2026; registration pending
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3. 07:00
   AdvancedAdvT Limited ADVT £233m

   Share Buyback Programme and Return of Capital

   Launches a 12-month buyback of up to £10m, about a tenth of the ~£96m cash. The Board says the share price undervalues the software operations; Singer executes it. No purchases are guaranteed.

   Capital return £10.0m · 4% of mcapoutlook positivefirst since Oct 2023 +6.9% on the day

   Moved: Bolt-on M&A programme with £97m cash: MatchingCore IP acquired; integration into Retain → Continuing, alongside new buyback; pipeline still active · new: £10m buyback and possible tender offer – Buyback launched; tender offer under consideration
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4. 07:00
   Vistry Group VTY £806m

   Final Results Results

   FY25 adjusted profit before tax of £268.8m met guidance and rose 2%, but revenue and completions fell, no new distribution is proposed, and 2026 margin will be lower because of sales incentives.

   Upgrade / downgrade cycle £268.8m · 33% of mcapin lineoutlook mixedfirst since Oct 2023 −25.6% on the day

   Moved: Complete £130m share buyback by the May 2025 AGM: pending → delayed – £29m of the £130m buyback programme is still to be completed, so it was not finished by the May 2025 AGM. · Return £1bn to shareholders over three years via ordinary and special distributi: pending → changed – No further capital distribution proposed on the 2025 results to prioritise debt reduction; future distributions to be reviewed at the half year. · Reduce excess working capital by about £200m in FY25: pending → delayed – Weak Open Market conditions slowed inventory reduction in 2025, so working capital release is pushed into 2026.
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5. 07:00
   SIG SHI £109m

   Final Results Results

   Full year results for the year ended 31 December 2025

   Upgrade / downgrade cycle in lineoutlook mixedfirst since Oct 2023 −1.0% on the day

   Moved: Reach 5% operating margin over the medium term: changed → on_track – Board reiterates confidence in delivering the 3-5% operating margin range in the medium term, against 1.2% in FY25. · Return to paying a dividend when prudent: pending → delayed – No dividend for 2025; the Board only reiterates a commitment to return to paying one when prudent. · Vision 2030 and portfolio review: Early-phase portfolio review; Mayplas closed → Portfolio review ongoing; procurement savings from 2027
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