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UK small-cap RNS · 12 Aug 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. 18:00
    Windar Photonics
    FTSE Russell deletes the suspended stock from the FTSE AIM All-Share at nominal value after 40 business days with no resumption date. This adds index-exit selling and a regulatory overhang on top of the accounting probe and cash shortfall.
    Legal & regulatory +0.0% on the day
    Moved: Accounting irregularities and suspension: Audit and third-party investigation continuing → Suspended; deleted from FTSE AIM All-Share index
  2. 17:25
    Holding(s) in Company Holding
  3. 16:10
    Results of Court Meeting and General Meeting
    Shareholders approved the Scheme for the recommended 285p cash offer at both meetings, with 84.23% of Scheme Shares voted in favour against the 75% needed. This clears two key conditions on the way to completion.
    Takeover target £659.0m · 107% of mcap +0.0% on the day
    Moved: Possible offer for AMS: Scheme Document published; shareholder votes pending → Shareholder votes passed; awaiting other conditions and Court sanction
  4. 16:03
    Director/PDMR Shareholding Director dealing
  5. 07:11
    Further MMCI OLSA update
    A Makati court Temporary Order of Protection halts Equinaire's foreclosure and auction of Celsius's 40% MMCI interest and the status quo holds, but the TOP expires 25 August and Celsius must start arbitration.
    Project milestones −18.2% on the day
    Moved: MCB copper-gold project development: Foreclosure notices issued; dispute escalating → TOP in place; motion to lift pending
  6. 07:00
    Loan and Related Party Transaction
    A further $50,000 insider loan buys runway only to late August 2026, and the advanced sale talks have been discontinued. Going-concern pressure persists with shares still suspended.
    Balance-sheet stress / refinancing outlook negative +0.0% on the day
    Moved: Cash runway and fundraising: Runway extended to 11 August; sale talks well advanced → Runway to late August; advanced sale talks collapsed
  7. 07:00
    Management Change
    CFO Mark Somlyay resigns, but he stays to 8 December 2026, through the September BFS and year-end financing, so continuity is kept. His successor needs direct resource-project financing experience.
    Project milestones outlook positivefirst in 9 months +0.0% on the day
    Moved: Tiris FID and engineering: Flowsheet settled; BFS September; pilot October → BFS due September; timetable unchanged · Tiris funding discussions: Non-binding MOU; DFC talks advancing → Non-binding MOU; DFC talks advancing · new: CFO succession – Resignation announced; successor search advanced
  8. 07:00
    Trading Statement Trading update
    FY26 now guided to about £17m revenue and £0.3m underlying EBITDA. Rescheduled MVS projects, lower MVS margins and weaker WDH sales undercut the earlier 'in line' guidance and the stronger-H2 expectation.
    Turnaround plan with targets below expectationsoutlook mixed, lowered −10.5% on the day
    Moved: Return window and door hardware to growth in FY26: changed → delayed – WDH sales fell more than expected, so FY26 growth will not be delivered; new products are due in H1 FY27 to drive growth. · Turnaround and 2028 targets: First bolt-on delivered under Titon 2028 strategy → FY26 guidance cut; recovery pushed to FY27
  9. 07:00
    Evoke EVOK £190m
    H1 2026 Interim Results Results
    Adjusted EBITDA of £150.2m was in line with expectations, but fell 10% on a £46m duty increase, and leverage rose to 5.6x. Mitigation offset over half of the duty hit.
    Upgrade / downgrade cycle £243.1m · 128% of mcapin lineoutlook mixedfirst since Oct 2023 +0.2% on the day
    Moved: Strategic review and potential sale: Scheme Document published; shareholder vote pending → Shareholder vote pending; completion Q4 2026 or Q1 2027 · UK gambling duty increases: Mitigation under way; bid cited as response → Mitigation delivering; over half of H1 hit offset

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