UK small-cap RNS · 28 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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07:00

Vesuvius VSVS £1,093m
Trading statement Trading update
Four-month revenue and profit slightly ahead of last year at constant currency, with FY26 guidance only confirmed and H2 weighted. This is a confirmation, not an upgrade or 'ahead of expectations' beat.

Turnaround plan with targets ahead of expectationsoutlook mixedfirst in 6 months −2.9% on the day

Moved: Structural cost reduction programme: £17.8m delivered in 2025, ahead of expectations → on track; £55m cumulative by 2028 · MMS and PiroMET acquisition integration: integration proceeding well → integrating; synergies delivered as planned · Middle East disruption impact: impact difficult to assess → limited impact so far; volatile
07:00

Property Franchise Group TPFG £265m
AGM Trading Update Trading update
Confirms trading is on plan after record FY25 and two deals. No guidance change, so no new upside. The Renters' Rights Act is flagged as a medium-term opportunity for the franchise network.

in lineoutlook positive −0.5% on the day

Moved: Smart Advice Financial Solutions acquisition: Completed; 85% stake; expected immediately earnings enhancing → Completed; cited as strengthening financial services
07:00

Ultimate Products ULTP £40m
Q3 2026 Trading Update Trading update
Q3 revenue flat at £34.8m after a weak H1, with revenue marginally ahead of expectations and profit only in line with consensus on mix. Stabilisation, not a recovery, so the effect is limited.

Turnaround plan with targets ahead of expectationsoutlook mixedfirst in 9 months −2.0% on the day

Moved: Commercial function overhaul: Restructuring under way; clearance closed, promotions made → Refreshed commercial function; Q3 revenue stable · CEO succession: Successor named; handover through to 26 October 2026 → Successor named; handover under way