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UK small-cap RNS · 23 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.

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  1. 07:00
    Appointment of CEO and Trading Update Trading update
    Ends the open CEO search with Jan Peter Tewes, a brand and channel specialist, and returns Stephen Harris to non-executive chair. But he starts on 17 August 2026, and the trading update alongside is weak.
    New CEO / reset outlook negative, lowered −44.4% on the day
    Moved: CEO recruitment and cost-saving programme: CEO search ongoing; Board reverting to normal governance → CEO named; starts 17 August 2026
  2. 07:00
    Trading Update Trading update
    H1 shows organic revenue up 15% and ARR at a record, and the Board expects full-year results in line with market expectations. That confirms guidance rather than raising it.
    Disposal of a part (break-up) in lineoutlook positivefirst in 12 months +16.1% on the day
    Moved: Kivue integration and PPM growth: Acquired Feb 2026; merging with BestOutcome → Kivue contributing about four and a half months in H1 · Veeuze disposal and financing: Sold to management buy-out; impairment booked in FY2025 → Disposal described as done; H1 excludes Veeuze trading
  3. 07:00
    FY2026 Trading Update Trading update
    FY26 revenue of £116m (+49%) and pre-tax profit of £10m (+105%) match expectations, and £30m of unrestricted cash eases the earlier tight position. One project's margin will be lower, and no new guidance is given.
    in lineoutlook positivefirst in 6 months −4.3% on the day
    Moved: Sovereign MDA system contract delivery: £123m executed, £227m left to deliver → FY26 delivery in line; one project margin lower
  4. 07:00
    Hvivo HVO £38m
    H1 2026 Trading Update Trading update
    H1 revenue fell to £16.3m from £24.2m with a negative mid-single digit EBITDA, and some H2 revenue slips into 2027. Orderbook more than doubled to £65m and full-year guidance is held, which offsets this.
    in lineoutlook mixed −0.7% on the day
    Moved: Strong revenue growth and significantly better EBITDA margin in 2026: pending → on_track – Positive adjusted EBITDA is expected in H2 2026 on much higher second-half revenue, though H1 is negative. · Full-service CRO integration: Integration done; further cross-sell contract won → Single brand; cross-selling lifting orderbook
  5. 07:00
    Full year trading update Trading update
    FY26 Adjusted EBITDA of c.£141.5m matches consensus and the Feb 'in line' stance, so there is no surprise; the 19.9% margin holds within the 19-23% guidance.
    New CEO / reset £4.6m · 1% of mcapin line −6.9% on the day
    Moved: Australia acquisition programme: One completed, one signed → Six deals in FY26; two more exchanged · CEO succession: Search at early stages → Search ongoing, no appointment yet · UK CMA veterinary market process: Final decision published; Final Order pending later 2026 → Final Decision out; compliance under way
  6. 07:00
    Pre-Close Trading Update Trading update
    FuM is up 13.9% to $12.3bn and the final dividend is expected flat. But the rise came from $2.8bn of market and performance gains, while clients still withdrew $1.3bn net.
    outlook positive −4.1% on the day
    Moved: New CEO strategic planning: CEO in post; strategic planning beginning → Culture reset under way, no formal plan yet
  7. 07:00
    Q3 Trading Update Trading update
    Second consecutive raise: FY26 revenue growth guidance goes to 5.5-6.5% from 5.0-6.0% set in May, backing the standalone case. Margin is held at the bottom of its range.
    ahead of expectationsoutlook positive, raised −0.8% on the day
    Moved: FY26 guidance delivery: Guidance raised to 5-6% revenue growth → Revenue guidance raised again to 5.5-6.5% · Chairish integration and synergies: Synergies on track; $3m realised in H1 → Strong Chairish Q3; synergies on track · CEO succession: New CEO in place; first results → New CEO delivering raised guidance
  8. 07:00
    Half Year Trading Update Trading update
    H1 profit is up 10% and in line with expectations, and full-year market expectations are reaffirmed. They were already reset lower by January's warning, so this is reassurance, not an upgrade.
    Turnaround plan with targets in lineoutlook positive +22.6% on the day
    Moved: Agency consolidation and simplification: Integration progressing; benefits of actions visible in trading → B2C/B2B merged; margin and profit improving in H1 · Debt reduction and dividend restart: Total debt at historic low; dividend paused → Net bank debt up to £11.0m; dividend still paused
  9. 07:00
    Third Quarter Trading Update Trading update
    Q3 like-for-like sales were flat after 1.8% in Q2, with food down 2.4% on extreme heat and the Easter timing. Full-year consensus is still backed, so the trading slowdown is offset.
    outlook mixedfirst in 6 months −5.1% on the day
  10. 07:00
    Pre-Close Trading Update Trading update
    Pre-close Trading Update for the Financial Year ending 31 July 2026
    ahead of expectationsfirst since Oct 2023 −0.6% on the day
  11. 07:00
    Trading Update Trading update
    Mortgage Advice Bureau (Holdings) plc (LSE: MAB1), a leading technology-driven UK property finance service, today issues a trading update for the six months ended 30 June 2026, ahead of publishing its interim results on 22 September 2026.
    in line −3.0% on the day
  12. 07:00
    AGM Trading Update Trading update
    Motorpoint Group PLC, the UK's leading independent omnichannel vehicle retailer, will make the following statement at its Annual General Meeting, to be held at 10:00 BST today, providing an update on trading for the first quarter ("Q1") of the financial year …
    first in 1 year +0.0% on the day

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