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Situations

Every special situation in UK small & mid caps, read from the companies' own announcements – takeover approaches, disposals, activists, capital returns, project milestones, turnarounds and more – each one tracked from the first announcement to the outcome. Shown: what is open and undecided; 29 recommended offers and paid returns sit under Deals in progress.

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Large acquisition / reverse takeover 25

re-rating or dilution.

Larger tile = more significant for the company Shadeearlyunder waydone / eventended new announcement in the last 2 days
AETAfentra The Company now awaits publication of the corresponding decree for Block 3/05A,... Etu Energias acquisition · Block 3/05 decree published; 3/05A awaited next: Block 3/05A decree, then novation and... NEONeo Energy Metals Beisa Mine acquisition · Section 102 pending; Neo Section 11 ready next: Sibanye Section 102 consent, then lodge Neo... · 6 Dec SRESirius Real Estate Ltd. German defence-related acquisitions · Kiel and Fulda done; pipeline remains strong next: Replacement assets (about €30m) still to be... SPDISecure Property Development & Investment AdvEn reverse takeover · Talks substantially stalled; shell sale planned regardless next: Talks resume, or shell monetised without... · 31 Dec GCGGolden Rock Global SSS Matrix reverse acquisition · Non-binding; advisers appointed; shares still suspended CHARChariot Limited Angola Block 14 funding deal · Two SPAs signed; awaiting regulatory approvals KAVKavango Resources Nara Gold Project acquisition · Completion formalities ongoing SUPRSupermarket Income Reit Debt-funded UK pipeline deployment · Raise deployed; three-supermarket purchase pending ENOGEnergean Angola Block 14 acquisition · Etu signed SPA under pre-emption; Energean SPA still in effect OPTOptima Health PAM Healthcare acquisition · Completed and funded; integration under way GUNGunsynd Eagle Gold Project farm-in · Circular published; approval pending; requisition received SCLPScancell Holdings Neuphoria reverse merger · Agreed; F-4 filing, vote and SEC review pending TLWTullow Oil TEN FPSO acquisition · SPA signed; completion expected end Q1 2027 VZLAApertura Energy Plc Venezuelan energy strategic transition · Shares suspended pending prospectus AMGOAmigo Holdings Reverse takeover in mining · SPA executed; funding, prospectus and approvals pending CHLCloudified Holdings Limited PowerPlay reverse takeover · Proposed; shares suspended, results delayed CSNChesnara Scottish Widows Europe acquisition · Change in Control application submitted; completion around end-2026 AEGActive Energy Group Second UAE grid connection acquisition · Non-binding Heads of Terms; due diligence begun RKHRockhopper Exploration OSX-1 FPSO and CDA acceleration · Subscription Agreement signed for 35% of OSX-1 KISTKistos Holdings Oman oil acquisitions · Blocks 3 & 4 completed; Block 9 pending BBSNBrave Bison Group Contested final offer for System1 · Final offer open; acceptances minimal AEGActive Energy Group Acquisition of c.6 MW energised site · Advanced discussions; no agreement announced RWSRWS Holdings Acquisition of Acogroup (Acolad) · Binding put option signed; works council consultation ZENZenith Energy LTD.Com Shs Acquisition of Italian biogas plant · Binding LOI and exclusivity; due diligence pending ZENZenith Energy LTD.Com Shs Acquisition of Daybreak Oil and Gas · Non-binding exclusivity signed; due diligence

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