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UK small-cap RNS · 18 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.

  1. 16:00
    Results of Court Meeting and General Meeting
    Shareholders approved the Genel scheme at both meetings, with 99.80% of Scheme Shares voted in favour at the Court Meeting. This clears the vote hurdle for the 357p cash offer, leaving Court sanction and the Egyptian conditions.
    Takeover target +0.0% on the day
    Moved: Offer for the company: Samos out; Genel offer remains → Shareholders approved scheme; conditions outstanding
  2. 15:30
    Extension of WRAP Retail Offer Fundraise
    Extension of WRAP Retail Offer and Capital Access Window
    Dilutive fundraise +0.0% on the day
  3. 10:00
  4. 09:06
    Proposed Sale of UK Bus
    Exits the break-even, franchising-exposed West Midlands bus business at about book value, but upfront proceeds are only ~£24m after ~£78m of liability deductions, and it is broadly neutral to earnings and 2026 gearing.
    Disposal of a part (break-up) £24.0m · 10% of mcap −4.2% on the day
    Moved: UK Bus asset monetisation: Progressing; completion expected before franchising → Agreement in principle reached; completion expected around November 2026
  5. 07:00
  6. 07:00
    New Beisa Transaction Update
    Neo Energy Metals plc (LSE/A2X: NEO), the uranium and gold developer, provides an update on the regulatory transfer process for the Beatrix 4 Shaft Mining Area ("New Beisa Node") in the Free State province of South Africa.
    Project milestones +5.1% on the day
    Moved: Beisa Mine acquisition: Section 11 consent pending; timeline extended to December 2026 → Sibanye Section 11 granted; Section 102 pending · Beisa Mine restart: Phase 1 planning and technical work under way → Self-funded assessment on site under way
  7. 07:00
    Half-year Results Results
    Full-year adjusted EBITDA is now guided to £3.7m up to market expectations of £4.1m, so the previous 'in line' guidance becomes a range with downside, because Energy order conversion is uncertain.
    Upgrade / downgrade cycle below expectationsoutlook mixed, loweredfirst since Oct 2023 −12.0% on the day
    Moved: Product-led software transformation: Execution; initiatives progressing as planned → On track; FY26 investment year, growth from FY27 · New business contract momentum: Wins broadening; US casino win added → Wins continue; Energy timing uncertain, guidance now a range
  8. 07:00
    Strategic Update
    Scraps the May framework (£2m convertible, Parris share sale, PGL debt restructuring) and refocuses on M2G and an unsigned SMCC deal. No new funding is committed, though Parris Group keeps its stake and support.
    Moved: SMCC partnership and recapitalisation: Talks ongoing; no agreement reached → Financing dropped; SMCC distribution talks continue · Going concern uncertainty: Balance sheet said improved; recapitalisation unagreed → Recapitalisation dropped; PGL support not committed · City Oil Field plastic-to-oil rollout: Review continues; flexibility preserved → Review ongoing; b.grn funds operating costs
  9. 07:00
    Made Tech secures largest contract in its history
    Second upgrade of the year: FY27 revenue guided to £63-66m and adjusted EBITDA to £6.3-6.6m, above market expectations of £60.3m and £6.0m, so forecasts should rise.
    Upgrade / downgrade cycle £40.0m · 55% of mcapahead of expectationsoutlook positive, raised +11.1% on the day
    Moved: Contracted Backlog rebuild: Bookings momentum; backlog healthy, no figure given → Backlog rebuilt to c.£115m
  10. 07:00
    Kabwe Drilling (“KBDD10”)
    The New Ore body returns 61.5m of mineralisation from surface at grades of up to 68% Zn
    Project milestones −3.4% on the day
    Moved: Kabwe drilling programme: Phase 1 extended to 2,500m; new orebody intersected → Phase 1 extended to 2,500m; 2 of 3 new-orebody holes reported
  11. 07:00
    Trading Update Trading update
    Strong start to the year; FY27 guidance increased
    Upgrade / downgrade cycle ahead of expectations +22.0% on the day

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