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UK small-cap RNS · 15 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.

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  1. 19:23
    No Intention to Make an Offer for AMS Offer
    Further to the announcement on 18 April 2026 by Advanced Medical Solutions Group plc ("AMS") that funds affiliated with TA Associates (UK), LLP (together, "TA") were considering a possible offer for the entire issued and to be issued share capital of AMS, TA …
    Takeover target next step −21.3% on the day
    Moved: TA Associates possible offer: Talks on possible offer; no terms stated → TA walked away; Rule 2.8 restrictions apply (closed)
  2. 15:34
    Holding(s) in Company Holding
  3. 07:00
    AGM Trading Update Trading update
    Management only confirms it expects further 2026 profit growth in line with market expectations, repeating the March statement; guidance is not raised, so 'upgrade' is the wrong reading.
    Capital return in lineoutlook positive +2.4% on the day
    Moved: £12m share buyback programme: Under way; £7m programme complete → Enlarged buyback still in progress · AVM contract rollout with large UK bank: First contract signed; partner interest → First contract signed, further opportunities progressing
  4. 07:00
    Q1 2026 Overview &Unaudited Group Financial Update
    Q1 cash rose to £907k from £42k after the oversubscribed £2m CLN, easing the funding squeeze seen in 2025. Selva Malvezzi sales were £912k (Q4: £769k), with higher March gas prices still to come in Q2 receipts.
    New CEO / reset £0.9m · 4% of mcapoutlook positive +1.6% on the day
    Moved: El Romeral transformer and power outage: Transformer funding earmarked; delivery pending → Rental transformer installed; production restarted · CEO succession: Handover under way; Routh still CEO → Reynolds now CEO; reassessing portfolio · Poland licence applications: Licence applications underway → San and Dunajec licences awarded
  5. 07:00
    AGM Trading Update Trading update
    Year-to-date trading is in line and 2026 EPS guidance of up to 21 cent is reiterated, with a larger order book and a H2-weighted delivery profile reaffirmed. This confirms guidance, not an upgrade.
    Transformational contract / build-out in lineoutlook positivefirst in 11 months +1.8% on the day
    Moved: Share buyback programme: €25m buyback used for about €10m in placing → Expanded to €50m; about €25m done · Land sales programme: €55m sold in 2025; more contracted or negotiating → On track for about €45m in 2026 · Partnerships mandates pipeline: 337 apartments contracted; 350 units subject to planning → Order book about €800m; advancing as expected
  6. 07:00
    AGM Trading Update Trading update
    Guidance is only confirmed after the March reset. Organic revenue fell 4.8% on EMS softness, but ex-EMS customer transfer and Plano it grew 2.9%, with A&D book-to-bill at 107%.
    Turnaround plan with targets in lineoutlook mixedfirst in 2 years +0.0% on the day
    Moved: Deliver £17m net cost savings and margin improvement by 2026.: pending → on_track – Cost reduction programme is on track for about £3m net benefit in 2026, with the medium-term annualised run-rate expected to double. · Assess all options for the Components business.: changed → on_track – The Board is still evaluating Components options, with no decision or buyer announced. · Disposal of Components business: Strategic review complete; options being assessed → Options still under evaluation; no deal
  7. 07:00
    £52 Million Credit Facility With Strategic Shareholders
    Cornish Metals plc (AIM: TIN) (“Cornish Metals” or the “Company”), is pleased to announce that, further to the Company's announcement of 7 May 2026 in respect of the successful placement of US$210 million of Nordic bonds (the "Bonds"), it has entered into …
    Project milestones £52.0m · 55% of mcapoutlook positive −2.0% on the day
    Moved: South Crofty development and financing: Debt placed; equity raise and FID pending → Bridge facilities signed; equity raise and FID pending

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