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.
Larger tile = more significant for the company
Shadeearlyunder waydone / eventended
new announcement in the last 2 days
KISTKistos Holdings
Completion of Block 9, which is under a different EPSA framework, is anticipated in Q4 2026.
Oman oil acquisitions · Blocks 3 & 4 completed; Block 9 pending
next: Completion of Block 9 acquisition
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
next: Complete due diligence and negotiate...
AEGActive Energy Group
Acquisition of c.6 MW energised site · Advanced discussions; no agreement announced
next: Complete due diligence and negotiations
RWSRWS Holdings
Acquisition of Acogroup (Acolad) · Binding put option signed; works council consultation
SCLPScancell Holdings
Neuphoria reverse merger · Agreed; F-4 filing, vote and SEC review pending
ENOGEnergean
Angola Block 14 acquisition · Etu signed SPA under pre-emption; Energean SPA still in effect
RKHRockhopper Exploration
OSX-1 FPSO and CDA acceleration · Subscription Agreement signed for 35% of OSX-1
AEGActive Energy Group
Second UAE grid connection acquisition · Non-binding Heads of Terms; due diligence begun
SRESirius Real Estate Ltd.
German defence-related acquisitions · Kiel and Fulda done; pipeline remains strong
CHARChariot Limited
Angola Block 14 funding deal · Two SPAs signed; awaiting regulatory approvals
OPTOptima Health
PAM Healthcare acquisition · Completed and funded; integration under way
KAVKavango Resources
Nara Gold Project acquisition · Completion formalities ongoing
CHLCloudified Holdings Limited
PowerPlay reverse takeover · Proposed; shares suspended, results delayed
TLWTullow Oil
TEN FPSO acquisition · SPA signed; completion expected end Q1 2027
CSNChesnara
Scottish Widows Europe acquisition · Change in Control application submitted; completion around end-2026
GCGGolden Rock Global
SSS Matrix reverse acquisition · Non-binding; advisers appointed; shares still suspended
AMGOAmigo Holdings
Reverse takeover in mining · SPA executed; funding, prospectus and approvals pending
AETAfentra
Etu Energias acquisition · Block 3/05 decree published; 3/05A awaited
SUPRSupermarket Income Reit
Debt-funded UK pipeline deployment · Raise deployed; three-supermarket purchase pending
VZLAApertura Energy Plc
Venezuelan energy strategic transition · Shares suspended pending prospectus
NEONeo Energy Metals
Beisa Mine acquisition · Section 102 pending; Neo Section 11 ready
GUNGunsynd
Eagle Gold Project farm-in · Circular published; approval pending; requisition received
SPDISecure Property Development & Investment
AdvEn reverse takeover · Talks substantially stalled; shell sale planned regardless
BBSNBrave Bison Group
Contested final offer for System1 · Final offer open; acceptances minimal
A tile opens the situation in the side panel.