UK small-cap RNS · 11 May 2026

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

Date	Company	Mcap	Holder	Stake	Crossed
11 May	Team TEAM	£18m	Tetragon Partners UK LLP	16.26% → 15.95%
11 May	Volex VLX	£973m	Octopus Investments Limited	3.92% → 0%	3%
11 May	Savannah Resources SAV	£156m	Al Marjan Limited	11.07% → 10.82%
11 May	XPS Pensions Group XPS	£692m	BlackRock, Inc.	11.94% → 11.88%
11 May	Midwich Group MIDW	£163m	Liontrust Investment Partners LLP	12.06% → 10.56%
11 May	IQE IQE	£471m	Lombard Odier Asset Management (Europe) Limited	14.99% → 11.14%
11 May	PACSCo Limited PACS	£0.2m	Peterhouse Holdings Limited	12.33% → 0%	10%
11 May	Light Science Technologies Holdings LST	£8.6m	Dowgate Group Limited	15.05% → 14.57%	15%
11 May	Verici DX VRCI	£8.9m	UBS Group AG - Investment Bank & Global Wealth Management	7.82% → 0%	5%
11 May	EnSilica ENSI	£101m	Maven Capital Partners UK LLP	3.77% → 2.79%	3%
11 May	Active Energy Group AEG	£6.0m	Cantor Fitzgerald Europe	7.87% → 5.09%
11 May	IP Group IPO	£616m	Saba Capital Management, L.P.	13.02% → 12.81%
11 May	IP Group IPO	£616m	Bank of America Corporation	6.12% → 5.9%
11 May	Alfa Financial Software Holdings ALFA	£518m	BlackRock, Inc.	5.5% → 5%
11 May	Active Energy Group AEG	£6.0m	Spreadex LTD	13.31% → 12.01%
11 May	Polar Capital Holdings POLR	£685m	Caledonia Investments plc	3.99% → 2.99%	3%
11 May	Kier Group KIE	£1,303m	UBS Group AG-Investment Bank & Global Wealth Management	5.32% → 0%	5%

Notifications of major holdings (TR-1): a holder crossing 3%, 5%, 10% … of the voting rights. Transfers inside a group are left out.