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UK small-cap RNS · 12 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.

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. 07:00
    AGM Trading Update Trading update
    Guidance of £39m-£43m adj. PBT is suspended because Middle East conflict has sharply cut demand to Turkey, Greece, Cyprus and Egypt; the profit impact is unquantified, ending a record-year run of delivery.
    Upgrade / downgrade cycle outlook negative, loweredfirst since Oct 2023 −13.5% on the day
    Moved: Deliver medium-term ambition of £2.5bn TTV, £100m EBITDA, £85m adjusted PBT and : pending → on_track – Board says it remains confident in delivering the medium-term ambition despite suspending FY26 guidance. · Expand proposition into cities and significantly increase addressable market.: pending → on_track – City packages have more than doubled booking volumes year on year, with 180+ city destinations on sale. · new: Middle East conflict demand slowdown – FY26 guidance suspended; impact unquantified

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