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UK small-cap RNS · 24 Sep 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. 14:41
    2026 Interim Results Results
    Interim Results for the period ended 30 June 2026
    Activist campaign first since Oct 2023 +0.0% on the day
  2. 12:20
    Half-year Results Results
    Interim results for H1 2026 mostly recap the KSK sale completing and the dividend already announced; no new trading or financial guidance, and the future centres on Beutong.
    Project milestones +6.0% on the day
    Moved: Cash distribution of sale proceeds: US$93.0m special dividend approved → Dividend declared, payment pending · Beutong Project: Now principal remaining asset; options under evaluation → Options under evaluation, no plan yet
  3. 09:42
    Half-year Results Results
    These are H1 results, not a new warning. They show a £4.9m loss against £3.4m a year earlier, £1.2m of impairments, and only £0.2m cash at 30 June before the July raise.
    Turnaround plan with targets £7.3m · 63% of mcapoutlook mixed +0.0% on the day
    Moved: Liquidity and funding shortfall: Fundraise raised £7.3m; conditional part awaits vote → Fundraise completed 20 July 2026 (closed) · IP monetisation and strategic alternatives: Funding the capital-light licensing model → Restructuring complete; executing licensing model · MFE220 1MW testing and on-site operation: Unit non-operational; three possible causes under investigation → Independent report overdue; unit still idle
  4. 07:00
    Unaudited interim results for the six months ended 30 June 2026 Results
    Interims show on-site progress and a financed debt leg, but cash outside escrow is only £12.0m and the loss widened to £5.5m on 13.5% bond and 13% bridge interest. Escrow release still needs a US$161m equity raise.
    Project milestones outlook positive −0.5% on the day
    Moved: South Crofty development and financing: Bond issued; equity raise and FID pending; operations lead hired → Bond escrowed; equity raise and FID pending
  5. 07:00
    Drilling Results Results
    Porphyry Indicators Confirmed at Blue Rose: 23m at 0.63% Cu incl.
    Project milestones outlook positive +0.0% on the day
    Moved: Manna Hill Blue Rose drilling: Option exercised; four diamond holes done, assays pending → Two of four diamond holes reported; RC follow-up begun
  6. 07:00
    Final Results Results
    Strategic execution drives strong profit growth and deleveraging;
    in linefirst in 12 months −1.4% on the day
  7. 07:00
    Half-year Results Results
    Strictly embargoed for: 07.00 a.m. on 24 September 2026
    −3.1% on the day
  8. 07:00
    Half-year Results Results
    H1 revenue up 130% and Group EBITDA up 274% to £4.9m, with a swing to £1.5m profit after tax; this confirms the August upgrade. Retention and service quality slipped.
    outlook positivefirst in 6 months +1.1% on the day
    Moved: AJ Bell SIPP book integration: Integration progressing in line; main costs incurred → Consideration settled; SSAS migration remaining · Further M&A pipeline: Multiple ongoing discussions → Multiple ongoing discussions
  9. 07:00
    Half-year Results Results
    A further £40m cut to FY26 profit as partner deals are pulled for renegotiation, plus c.£470m of exit charges. Underlying APBT of c.£165m is below the £200m consensus held in July.
    Turnaround plan with targets £40.0m · 5% of mcapoutlook negative, loweredfirst in 1 year −3.1% on the day
    Moved: Return £1bn to shareholders over three years via ordinary and special distributi: changed → missed – The £1bn three-year return is effectively abandoned; distributions will only be reconsidered after deleveraging. · Achieve 40% ROCE and £800m adjusted operating profit in the medium term: pending → changed – The medium-term target is replaced by lower five-year goals: ROCE above 30% and 12% operating margin by FY31. · Achieve 12%+ operating margin and 5-8% annual revenue growth in the medium term: pending → changed – The growth ambition is replaced by shrinking to about 12,000 completions a year, with the 12% margin pushed to FY31.
  10. 07:00
    Annual Report Results
    Strong Growth, Improved Profits, Significant Litigation Progress and Sustained Dividend
    +5.9% on the day
  11. 07:00
    2026 half year results ahead of expectations Results
    Guidance moves from 'at least in line' (June) to full-year results 'ahead of expectations', a formal step up after H1 revenue grew 18%, though H1 EBITDA fell to $3.2m from $4.2m.
    Upgrade / downgrade cycle ahead of expectationsoutlook positive, raisedfirst in 6 months −13.3% on the day
    Moved: 2026 game release pipeline: Wishlists climbing; some releases delayed, schedule flexible → H1 launches strong; more releases follow
  12. 07:00
    Final Results Results
    Full-year results match the 23 July trading update (EBITDA £141.5m, LFL +2.1%) and FY27 is guided in line, so no surprise; profit before tax dipped slightly on higher D&A and CMA costs.
    New CEO / reset in lineoutlook positive3 business updates in 3 months – usually less than 1 −6.2% on the day
    Moved: Australia acquisition programme: Six deals in FY26; two more exchanged → FY27 deals completing; UK M&A restarts · UK CMA veterinary market process: Final Decision out; compliance under way → Final remedies order published 22 Sep 2026 (closed) · CEO succession: Search ongoing, no appointment yet → Search ongoing, no appointment yet
  13. 07:00
    Half-year Results Results
    Record first-half revenue and profitability; continued strong growth in unit shipments
    Upgrade / downgrade cycle ahead of expectationsfirst in 1 year +19.6% on the day
  14. 07:00
    Dar Global Half Year 2026 Results Results
    (‘Dar Global’, or the ‘Company’, or the ‘Group’)
    +0.0% on the day
  15. 07:00
    Results for the year ended 31 March 2026 Results
    Tavistock (AIM:TAVI), the investment advice company, is pleased to announce its financial results for the year ended 31 March 2026 (the "2026 Accounts").
    first in 9 months −15.5% on the day
  16. 07:00
    Half-year Results Results
    Half Year Results for the six months ended 30 June 2026
    +0.0% on the day
  17. 07:00
    Half-year Results Results
    Strategic diversification and operational investments underpin continued momentum
    −6.9% on the day

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