CatalystWireBeta

UK small-cap RNS · 16 Jul 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.

Sort: Newest · Largest companies
  1. 15:46
    Director/PDMR Shareholding Director dealing
  2. 14:34
    Director/PDMR Shareholding: CEO Share Purchase Director dealing
  3. 12:41
    Director/PDMR Shareholding Director dealing
  4. 07:08
    SIG SHI £109m
    Post-close Trading Update Trading update
    FY26 underlying operating profit is cut to c. £25m, below the c. £32m delivered in FY25, because no market recovery is expected in H2. H1 profit is c. £10m against £15m a year earlier.
    Upgrade / downgrade cycle outlook negative, lowered +0.4% on the day
    Moved: Vision 2030 and portfolio review: Portfolio optimisation ongoing; Q1 trading weak → Profit warning; improvement plan announced, details pending
  5. 07:01
    Final* Recommended Cash Offer Offer
    Bidco lifts its recommended cash offer to 675p from 600p after shareholder engagement and declares it final, so holders get a higher price than at the 23 June terms; the board still recommends.
    Takeover target £229.0m · 111% of mcap +12.9% on the day
    Moved: Offer for the company: Recommended scheme pending; profit forecast updated → Revised final offer at 675p, recommended
  6. 07:00
    Trading Update Trading update
    Confirms Bower lettings continuing (12th floor let, occupancy 96.6%) and both 2026 office completions on track, supporting the story that the post-sale pipeline is progressing; Brettenham now September, not August.
    Capital return £12.0m · 6% of mcapoutlook positive −0.2% on the day
    Moved: Return of capital from sale proceeds: £5m buyback launched; B Share Scheme awaits approval → Buyback running; B Share vote today · London office development programme: Two schemes due for completion in 2026 → Two schemes completing in 2026 · Paddington office scheme: Contractor signed; enabling works under way → Out of the ground, Mace building
  7. 07:00
    Swedish nuclear legislation enacted
    Enactment on 15 July 2026 of the Nuclear Activities Act change means uranium mining no longer needs municipal consent, removing a veto risk for Häggån after the ban lifted in January 2026.
    Project milestones +0.0% on the day
    Moved: Häggån uranium legislation and permitting: Parliament passed law; effective 15 July 2026 → Law enacted 15 July 2026; SGU decision pending
  8. 07:00
    Director/PDMR Shareholding Director dealing
  9. 07:00
    Final Results Results
    Full-year PBT fell to £15.06m from £20.05m on flat revenue; the company says this was anticipated and signalled, but earnings per share fell and order intake was slow.
    Disposal of a part (break-up) in lineoutlook positivefirst in 6 months −3.4% on the day
    Moved: Disposal of non-core divisions: Financial buyer interest received; trade buyers next → Trade buyer negotiations on Petrol Station business · Defence US and European expansion: US support facility established; Poland investment under way → New US business development VP; US Navy success continuing · Forgings MLA programme ramp-up: Initial deliveries to MLA under way → Supplying major forklift maker; US orders hoped
  10. 07:00
    Trading and Operations Update July 2026
    First-half output of 5,650 boepd sits inside the raised 5,200-6,400 boepd guidance. Cash rose to $45.2m, Egypt receivables are almost cleared and the Vietnam wells are producing as expected, so the update is solid but not a change.
    Disposal of a part (break-up) in lineoutlook positive3 signals in 3 months – usually about 1 +0.8% on the day
    Moved: Egypt concession and work programme: First of six wells spudded 4 June → First of six wells drilled; tie-back pending · Vietnam six-well drilling programme: Five of six wells drilled; CNV-5X drilling → Five of six wells done; CNV-5X finishing · Blocks 125 & 126 farm-in: Discussions continue with potential farm-in partners → Farm-in discussions continuing
  11. 07:00
    Trading Update Trading update
    After two guidance cuts this year, narrows the FY26 adjusted loss to no more than £1.0m from £1.0m-£2.0m, helped by stronger May-June sales and a warehouse closing down sale.
    Upgrade / downgrade cycle ahead of expectationsoutlook positive, raisedfirst since Oct 2023 +15.0% on the day
    Moved: Subdued consumer demand and UK Budget: Guidance confirmed; H2 hit by fuel, sterling → FY26 loss guidance narrowed to no more than £1.0m
  12. 07:00
    Fourth quarter and full year trading update Trading update
    Confirms FY26 PBT in line with the £210m consensus. That consensus is lower than the earlier £214m-£227m range, after April's cut to 'lower end', so this removes further-downgrade risk without being an upgrade.
    Upgrade / downgrade cycle in line +5.3% on the day
    Moved: FY26 profit guidance trend: Lowered to lower end of consensus → Guidance stabilised in line with £210m consensus · Store opening pipeline: Stronger pipeline expected next financial year → Kingston opened; FY27 pipeline stronger · Digital app and brand campaign: App fully launched in Q3; 300k+ downloads → AI shopping assistant beta launched in app
  13. 07:00
    Result of Conditional Placing and Subscription Fundraise
    Firm Placing of about £2.54m is done and the Conditional Placing was upscaled to £0.61m, but all at 1.5p, about 87% below the pre-suspension price. Dilutive, and the conditional part needs the 20 July vote.
    Turnaround plan with targets £7.3m · 63% of mcap3 share issues in 3 months – usually less than 1 −1.5% on the day
    Moved: Liquidity and funding shortfall: Retail Offer open; vote on 20 July → Fundraise raised £7.3m; conditional part awaits vote · IP monetisation and strategic alternatives: Capital-light licensing model being executed → Funding the capital-light licensing model
  14. 07:00
    Trading Update Trading update
    FY2026 adjusted operating profit now guided to £17m-£19m, down from the £22.2m delivered in FY2025 and from the 'in line' guidance given in April; the main causes are a roughly £3m Lettings revenue reversal after the Renters' Rights Act and a weak Sales market.
    Turnaround plan with targets below expectationsoutlook negative, loweredfirst in 8 months −9.3% on the day
    Moved: 2026 Sales recovery: Q1 Sales down 35%; market weaker than expected → Sales downturn prolonged; no recovery expected · Renters' Rights Act impact: Implementation due 1 May 2026; company sees opportunity → Implemented May 2026; short-term volatility · Sales repositioning and cost programme: Programme under way → £3.0m savings delivered; more under consideration
  15. 07:00
    Trading Statement Trading update
    Delivered upgraded profit guidance, despite softer market conditions in H2
    Upgrade / downgrade cycle ahead of expectationsfirst in 8 months −6.0% on the day
  16. 07:00
    Completion of the acquisition of Knox Resources
    Completes the cheap £200k Georgina Basin copper-gold-uranium purchase, adding diversification and drill-ready targets, but the 90.3m consideration shares dilute holders and the project is early-stage exploration.
    New CEO / reset £0.2m · 3% of mcapoutlook positive −10.5% on the day
    Moved: Georgina Basin copper-gold acquisition: Conditional agreement signed; due diligence outstanding → Completed 16 July 2026 (closed) · Board and management reshuffle: Chair changed; further changes on completion → Changes effective; handover under way
  17. 07:00
    Q2 2026 Trading Update Trading update
    Record Q2 revenue of $117.3m (+34.2% y/y) and H1 of $219.0m (+37.6%) beat expectations, and FY guidance is reiterated. One-off NGM and Sadiola exit costs largely offset the H1 outperformance.
    Project milestones outlook positive +4.9% on the day
    Moved: Reko Diq mining ramp-up: Both fleets double shifting; Barrick slowing development → Slowed development; Capital's site position unchanged · Multi-year contract wins and mobilisations: New contracts awarded; Sukari mining restarted → Mobilising; Sukari ahead of plan
  18. 07:00
    Trading Update Trading update
    Fifth FY26 PBT raise, now £32m-£35m from £30m-£33m, driven by continued strong trading and gold already bought and awaiting sale, despite gold falling over 20% from its January peak.
    Upgrade / downgrade cycle ahead of expectationsoutlook positive, raised3 guidance upgrades in 3 months – usually less than 1 +12.9% on the day
    Moved: Offer for the company: Recommended cash offer announced; scheme pending → Recommended scheme pending; profit forecast updated
  19. 07:00
    Quarterly Update to 30 June 2026
    Runruno recovery improved to 84.4% and La India is on track for December 2026 first gold. But Q2 free cash flow and revenue fell, the La India budget rose to US$177m and cash dropped to US$9.0m.
    Project milestones outlook mixedfirst in 8 months +1.5% on the day
    Moved: La India construction: About 50% complete, ahead of schedule → 56% complete, on track; budget raised to US$177m · Batong Buhay copper-gold project: Agreements signed; exploration starting → Pre-drilling activities underway · Runruno end of mine life: FY2026 guidance cut; plant options evaluated → Recovery improved; ore mined falling
  20. 07:00
    Q2 and H1 2026 Production Report
    H1 output was softer than expected and 2026 ilmenite guidance is trimmed to about 800,000 tonnes from 'more than 800,000'. Shipments stay on guidance only by drawing down stock.
    Legal & regulatory below expectationsoutlook mixed, lowered +1.4% on the day
    Moved: WCP A upgrade and Nataka transition: Construction complete; debottlenecking progressing → Built, but nameplate still not consistently reached · Value over volume, inventory drawdown: 99,900 tonnes drawn down in Q1 → Drawdown continuing; production below plan · Moma Implementation Agreement extension: Missed 20 March target; talks continue → Talks continuing; no agreement

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note