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UK small-cap RNS · 17 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.

  1. 11:52
  2. 10:25
  3. 07:00
    Launch of Share Buyback Programme
    Launches a buyback of up to £5.0m, with shares cancelled, funded from a strong balance sheet. It follows capital returned in 2025 and sits alongside continued investment in strategy.
    Capital return £5.0m · 7% of mcapfirst in 7 months +2.0% on the day
    Moved: £5.0m share buyback: Started 17 March 2026 → Programme formally launched; purchases begin 17 March 2026
  4. 07:00
    Awarding of Orphan Drug Designation by the FDA
    FDA Orphan Drug Designation for irinotecan in malignant glioma, wider than the glioblastoma requested, brings a potential seven years of US exclusivity, trial tax credits and fee exemption for the lead programme.
    Project milestones outlook positivefirst since Oct 2023 +20.8% on the day
    Moved: new: Irinotecan-ChemoSeed glioblastoma Phase 2 – Registration-grade Phase 2 under way; ODD granted
  5. 07:00
    2025 Full Year Results Results
    Audited FY2025 confirms the January trading update: revenue of $128.8m and adjusted EBITDA of $41.3m, both slightly above the c.$128.5m and c.$41m flagged. Growth is led by Digital Wallets & A2A and Bundling, margin is 32.1%, and medium-term guidance is unchanged.
    Capital return ahead of expectationsoutlook positive +7.6% on the day
    Moved: FY2025 revenue growth at least in line with underlying H1 rate of 27%.: on_track → delivered – FY2025 revenue growth of 30% (29% CER) exceeded the underlying H1 rate of 27%. · Ramp up direct sales activity to add new merchants in 2026.: pending → on_track – Negotiations for new merchant partnerships have begun, and the company expects them to go live in 2026. · Share buyback programme: Ongoing; 5.8m shares repurchased in 2025 → 5.8m shares bought in 2025; 4m more in Jan-Feb 2026
  6. 07:00
    STV Group Full Year Results to 31 December 2025 Results
    o Total Advertising Revenue (TAR) of £89.3m, down 10%, driven by national linear
    Turnaround plan with targets in lineoutlook mixedfirst since Oct 2023 −1.9% on the day
    Moved: Cost savings programme: On track → £4.1m of £8m delivered; on track · STV Radio launch: Launched January 2026, early positive response → Launched Jan-26; attracting advertisers · Full year results: Results date set → FY25 results published in line (closed)
  7. 07:00
    Audited Full Year Results 2025 Results
    Revenue was flat and profit fell: adjusted EBITDA down 5.4% and adjusted EPS down 16.6%, because of the signalled Facilisgroup sales investment. Brand Addition margins improved and cash conversion rose to 91%.
    Capital return £5.0m · 7% of mcapin lineoutlook positivefirst since Oct 2023 +2.0% on the day
    Moved: new: £5.0m share buyback – Started 17 March 2026 · new: Facilisgroup Partner growth investment – 30 new Partners won in FY 25
  8. 07:00
    Redmoor - Infill Drilling Contract Signed
    Drilling contract with Priority Drilling UK for the infill campaign is signed and a rig is on site. It is funded by the January £4m placing, moving Redmoor towards a PFS.
    Project milestones outlook positivefirst since Oct 2023 +5.1% on the day
    Moved: Redmoor drilling and MRE update: Pad 3 final hole CRD041 reported; CRD039 delayed → Infill drilling contracted, rig on site
  9. 07:00
    Final Results Results
    FY25 adjusted PBT rose 14.4% to £49.9m, inside the £46.8m-£50.7m consensus range guided in January, on volume-led growth and operating leverage. The company calls it ahead of expectations.
    Segment turn ahead of expectationsoutlook positivefirst in 6 months +3.0% on the day
    Moved: Design & Installation recovery: Ordered sales up five quarters; delivered sales up three → Five quarters ordered growth; H2 delivered LFL +6.1% · Store openings and SaaS investment: Five new stores in 2025; 83% of estate in new format → 5 new stores, 11 refits; 300-store ambition
  10. 07:00
    LGL Tanning Milestones
    LGL has successfully tanned scaffold-free, cultivated skin in A4-sized sheets, marking a critical step toward the large-scale commercialisation of sustainable luxury and ultra-luxury materials.
    Project milestones +24.6% on the day
    Moved: Lab-grown leather commercial launch: First A4 tanned skin made; still pre-revenue → A4 sheets tanned; samples to fashion house

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