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
RENXRenalytix
This Fundraise has significantly strengthened our balance sheet and allows us to pivot...
National distribution agreement · Funding secured; interface build pending
next: Quest ordering availability · 31 Mar
BMVBluebird Merchant Ventures
BMV is moving Project El Alamo from acquisition and diligence into active asset development.
Gold streaming and treasury pivot · El Alamo option paid; Mexican work underway
next: Investor Day and October strategy materials · 22 Oct
SNWSSmiths News
News UK national distribution network expansion · Fifth contract won; footprint build continues
next: Further guidance on financial effects of all... · 4 Nov
PNNPennon Group
K8 capital investment programme · Programme enlarged to c.£3.6bn; draft determination out
next: Ofwat final determination on 2026 cost change · 15 Dec
ENSIEnSilica
German automotive chip supply contract · Contract won; supply revenue from FY27
SPSCSpectra Systems Corporation (DI/REGS)
New-generation sensor rollout and servicing · Live; orders above plan; 2027 volume forecast raised
RCFXRC Fornax PLC
Post-SDR contract and framework pipeline · Second PSR contract won; £4.0m award still pending
next: purchase order for the £4.0m PSR selection
VTYVistry Group
SAHP 2026-2036 grant allocations · First wave allocated; £350m direct award won
GFRDGalliford Try
Hyde affordable homes framework · Framework win confirmed in results
ONDOOndo Insurtech
Nationwide LeakBot rollout · Deployment began March 2026
FTCFiltronic
SpaceX E-band GaN contract · Follow-on $68.1m order won; ramp pending
IWGIWG
Managed & Franchised network build-out · H1 signings 728, openings 425, pipeline 257k rooms
HERCHercules Plc
Power and energy sector expansion · Dedicated division launched 3 Aug 2026
CHARChariot Limited
Etana offtake contract build-out · 400MW under construction; pipeline growing
4BB4basebio
opDNA clinical supply contracts · Two clinical supply deals signed
CWRCeres Power Holdings
Centrica on-site power partnership · Partnership signed; Centrica-Delta collaboration announced
ALRTDefence Holdings PLC
MoD testing contract · Second UK Government pilot started
ALUAlumasc Group
Changi Airport and overseas projects · First Changi call-offs received in FY27
GLVGlenveagh Properties (CDI)
Partnerships mandates pipeline · Order book approaching €1bn; 1,000 units in talks
EWGW.A.G Payment Solutions
Eurowag Office customer migration · Over 65% of customers active; toll integrated
CNCConcurrent Technologies
Record European GBAD supply contract · Full $9.4m order now firm
OPTOptima Health
UK Armed Forces contract mobilisation · Mobilisation progressing to plan
COSTCostain Group
M5 junction 22A delivery · Awarded; moving into construction
MLVNMalvern International
London Met University partnership · Signed; recruiting staff ahead of September intake
CMLCML Microsystems
GNSS design and supply contract · Design phase underway; NRE income diluting margin
PAYPayPoint
Royal Mail Shop rollout · 8,500 sites live; kiosk pilot H1 FY27
IOFIofina
IOsorb plant build-out to 2000MT target · IO#11 pipeline done, IO#12 handed over, IO#13/14 agreed
THRUThruvision Group
South-East Asia airport screening contract · Awarded; delivery expected in H2 FY27
ECOBEco Buildings Group plc
Gambia housing framework and factory · Binding framework signed; definitive agreements pending
FTCFiltronic
US satellite mmWave module programme · Follow-on $8m prototype build contract awarded
HTGHunting
Guyana FPSO subsea orders · $63.5m orders secured; delivery under way
MERMears Group
Rooftop Housing Group contract · Awarded; included in £4.2bn order book
MYXMyCelx Technologies Corporation
Gulf of Mexico offshore lease contracts · Third system delivered; more platforms scheduled
KIEKier Group
STEP fusion construction partner appointment · First £200m tranche counted in H2 new business
BKSBeeks Financial Cloud Group
Upfront-funded contract deployments · Q4 FY26 deployments live; cash absorbed
AC8Acceler8 Ventures
Hui10 network rollout · Post-deal rollout under way
HSPHargreaves Services
UK Deposit Return Scheme logistics contract · Preferred bidder; contract terms not yet signed
TUNTungsten West
Elmet tungsten offtake agreement · Binding eight-year agreement signed
MCBMcbride
Vestacy contract manufacturing partnership · SPA signed; completion expected early 2027
CHRTCohort
Saab Orka submarine sonar contract · Awarded 14 Aug 2026; work starting immediately
PENPennant International Group
Canadian DND Auxilium framework contract · Framework awarded; initial five-year term
PENPennant International Group
Air defence simulator contract · Initial order won, bank guarantee pending
A tile opens the situation in the side panel.