Situations

1. Friday
2. Debt & refinancing Bezant Resources BZT£25m new

   Yorkville loan facility

   On 22 October 2026 Bezant completed a £4M gross unsecured, non-convertible loan with Yorkville's YA II PN Ltd, drawn in full, as an alternative to an immediate £4M equity placing.

   Size £4 million gross, drawn in full; 6% upfront fee and £20,000 …Interest 5% p.a., unsecured, non-convertible, repayable in cash
   Facility agreed 22 Oct 2026 and drawn in full

   Next First £400,000 repayment; ATM facility to be set up within 15 business days 15 Jan · in 81 days

   −12% since 23 Oct · moved 23 Oct
3. Profit outlook Robinson RBN£19m new

   2026 profit guidance

   Guidance was lowered in December 2025 and on 20 August 2026 to £2.2m-£2.6m after Middle East cost pressure. On 25 September the Board said 2026 was in line, but a £3.3m-revenue contract would not be renewed.

   Direction below expectations / warningReaction on the day −8%In 12 months 1 statement in the same direction
   Guidance cut again to £1.2m-£1.6m

   Next 2026 results and FY2027 mitigation update 4 Mar · in 129 days

   −8% since 23 Oct · moved 23 Oct
4. Thursday
5. Sale process Arc Minerals Limited ARCM£14m new

   Kabompo West strategic partnership

   After the Settlement Agreement reached in the previous quarter, Arc is running a dual-track strategy at Kabompo West in Zambia.

   Track 1 Advanced discussions with a shortlist of large mining …Track 2 Review of geological, geophysical and drilling database, …
   Advanced discussions with shortlisted majors

   Next Update on partnership talks and project review

   −4% since 22 Oct · moved 22 Oct
6. Disposal Synthomer SYNT£185m

   Broadened divestment programme

   Divestment programme broadened Oct 2025. Acrylate Monomers sale announced 19 June 2026 and completed 30 Sep 2026 as planned.

   Use of money Enhance strategic focus and reduce debtOther projects Good progress on other divestment projects (22 Oct 2026); …
   Acrylate sale done; other projects progressing

   Next update on other divestment projects

   +99% since 23 Oct · moved 22 Oct
7. Capital return Auction Technology Group ATG£580m new

   Return of excess capital

   As set out at the HY26 results, the Board is considering options for returning excess capital to shareholders.

   Status Board considering options for returning excess capital (22 …Leverage c.1.5x adjusted net debt to adjusted EBITDA expected at …
   Board considering options

   Next Detail of capital return at FY26 results 24 Nov · in 29 days

   −0% since 22 Oct · moved 22 Oct
8. Profit outlook Camellia CAM£135m

   Full-year trading outlook

   On 26 Aug Kakuzi flagged 2026 net earnings at least 25% lower, and the H1 results (3 Sep) added El Nino as a headwind.

   Direction below expectations / warningReaction on the day −7%In 12 months 2 statements in the same direction
   Guidance cut to £3-5m trading loss

   Next final 2026 trading result, shaped by Q4 phasing

   −9% since 26 Aug · moved 22 Oct
9. Profit outlook Essentra ESNT£326m new

   Profit upgrade

   Essentra raised its guidance on 22 Oct 2026; the shares moved +5% on the day.

   Direction ahead of expectations / raisedReaction on the day +5%In 12 months 1 statement in the same direction
   Guidance raised

   +2% since 22 Oct · moved 22 Oct
10. Wednesday
11. Takeover SThree STEM£358m

    Possible offer

    Circle8 approached SThree on 9 Sep 2026 and confirmed an unpriced all-cash possible proposal on 11 Sep, which the Board unanimously rejected as significantly undervaluing the company.

    Funding Structured as all cash, without issuing additional Circle8 …Certainty No certainty any firm offer will be made or of its termsBoard minded
    Approach

    Next firm offer or walk away (Rule 2.6) 18 Nov · in 23 days

    +8% since 9 Sep · moved 21 Oct
12. Takeover Mobico Group MCG£246m new

    Possible offer

    A bidder has made a possible offer for Mobico Group at 46p in cash, a premium of 55% on 29.7p.

    Offer 46p in cashPremium +55% on 29.7pSpread now +13.9% to the offer
    Approach

    +36% since 21 Oct · moved 21 Oct
13. Big fundraise 4basebio 4BB£81m

    Leadership transition and commercial push

    New CEO Amy Walker took over in February 2026 to lead a commercial growth push. H1 results on 28 September showed a £63m pipeline but only £0.3m revenue, an £8.9m loss and £14.1m cash.

    Other insiders M&G 465,830 shares; Elevage 256,504 shares; directors £0.3m …Next milestone Admission expected 8.00 a.m. on 10 November 2026; General …
    Retail offer closed; raise awaiting shareholder approval

    Next General Meeting result, then Admission of new shares 10 Nov · in 15 days

    −6% since 10 Feb · moved 21 Oct
14. Profit outlook Hardide HDD£94m

    Profit upgrade

    Hardide said it is trading ahead of expectations on 21 Oct 2026; the shares moved +7% on the day. It is the fourth such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +7%In 12 months 6 statements in the same direction
    Ahead of expectations · fourth in 12 months

    +647% since 3 Feb · moved 21 Oct
15. Profit outlook Hercules Plc HERC£30m new

    Profit upgrade

    Hercules Plc raised its guidance on 21 Oct 2026; the shares moved +9% on the day. It is the second such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +9%In 12 months 2 statements in the same direction
    Guidance raised · second in 12 months

    +10% since 21 Oct · moved 21 Oct
16. Profit outlook Serabi Gold SRB£137m new

    Profit warning

    Serabi Gold issued a profit warning on 21 Oct 2026; the shares moved −11% on the day.

    Direction below expectations / warningReaction on the day −11%In 12 months 1 statement in the same direction
    Profit warning

    −20% since 21 Oct · moved 21 Oct
17. Tuesday
18. Sale process GB Group GBG£354m new

    Strategic options for Global Fraud Solutions

    On 20 October 2026 GBG said the non-core Global Fraud Solutions business, about 5% of revenue, declined more than expected on licence renewal timing, churn and fewer new wins. It is still assessing strategic options;

    Business Global Fraud Solutions, non-core, c.5% of total revenueTrading declined more significantly than expected in 1H27
    Strategic options under assessment

    Next Outcome of the strategic options assessment

    −2% since 20 Oct · moved 20 Oct
19. Capital return Gulf Keystone Petroleum Ltd Com Shs GKP£462m new

    Special dividend

    Gulf Keystone Petroleum Ltd Com Shs: special dividend of USD 50 million, 4.2% of the market value – proposed (20 Oct 2026).

    Kind special dividendAmount USD 50 millionOf market value 4.2%
    Proposed

    −6% since 20 Oct · moved 20 Oct
20. Big fundraise Invinity Energy Systems IES£66m new

    Equity fundraise at 10p

    On 19 Oct 2026 Invinity announced a proposed fundraise of at least £20m at 10p per share, with shares suspended.

    Conditions Shareholder resolutions at the General Meeting; NWF needs …Trading status Shares suspended from 7.30am on 19 Oct 2026 until the raise …
    Terms set; placing bookbuild launched

    Next Placing results, retail offer result, then shareholder vote at General Meeting 11 Nov · in 16 days

    −35% since 19 Oct · moved 20 Oct
21. Profit outlook Cropper (James) CRPR£76m

    Profit upgrade

    Cropper raised its guidance on 20 Oct 2026; the shares moved +14% on the day. It is the third such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +14%In 12 months 3 statements in the same direction
    Guidance raised · third in 12 months

    +184% since 14 Apr · moved 20 Oct
22. Profit outlook Ixico IXI£22m

    Profit upgrade

    Ixico raised its guidance on 20 Oct 2026; the shares moved +10% on the day. It is the second such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +10%In 12 months 2 statements in the same direction
    Guidance raised · second in 12 months

    +23% since 7 Jul · moved 20 Oct
23. Profit outlook Genuit Group GEN£640m new

    Subdued market and profit guidance

    Since Nov 2025 profit guidance has tracked a subdued market. In May 2026 FY26 was guided to the lower end of the £94.7m-£105.5m range, and on 11 Aug H1 came in line.

    Direction below expectations / warningReaction on the day −12%In 12 months 1 statement in the same direction
    FY26 profit guided down to c.£84m

    Next FY26 results with 2027 outlook 1 Mar · in 126 days

    −12% since 20 Oct · moved 20 Oct
24. Earlier this month
25. Disposal Zenith Energy LTD.Com Shs ZEN£29m

    Partial sale of solar portfolio

    Zenith planned in Oct 2025 to sell part of its solar portfolio. WESOLAR signed a non-binding MoU on 15 Jul 2026 for about 50 MWp of Piedmont projects at EUR 12m against about EUR 5m cost.

    Price £10.2m · 30.4% of market value
    Negotiations ongoing; no agreement announced

    Next conclude sale negotiations

    +2% since 20 Oct · moved 19 Oct
26. Delisting Glenveagh Properties (CDI) GLV£978m new

    Delisting from London Stock Exchange

    Glenveagh announced on 19 Oct 2026 its intention to delist from the LSE after a review of its listing structures, citing low LSE trading activity and the extra cost and regulatory burden.

    Reason Review of listing structures: level of LSE trading …Last trading day Friday 27 November 2026 on the LSE
    Delisting announced 19 Oct 2026; FCA cancellation requested

    Next Last day of LSE trading, then cancellation of LSE listing 27 Nov · in 32 days

    −1% since 19 Oct · moved 19 Oct
27. Profit outlook Diales Group Plc DIAL£17m new

    Results ahead of expectations

    Diales Group Plc said it is trading ahead of expectations on 19 Oct 2026; the shares moved +10% on the day. It is the second such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +10%In 12 months 2 statements in the same direction
    Ahead of expectations · second in 12 months

    +7% since 19 Oct · moved 19 Oct
28. Profit outlook Iofina IOF£90m new

    Results below expectations

    Iofina said it is trading below expectations on 16 Oct 2026; the shares moved −7% on the day.

    Direction below expectations / warningReaction on the day −7%In 12 months 1 statement in the same direction
    Below expectations

    −14% since 16 Oct · moved 16 Oct
29. Takeover Kenmare Resources (CDI) KMR£200m

    Possible offer

    On 6 Oct 2026, after press speculation, Kenmare confirmed a non-binding proposal from IRH for a possible cash offer for the whole company. The 15 Oct Q3 report says talks are ongoing and gives no price or new terms.

    Bidder International Resources Holdings RSC Ltd (IRH)Offer Non-binding proposal for a possible cash offer for the …
    Approach

    Next IRH firm offer or no-offer statement under Rule 2.7/2.8 17 Nov · in 22 days

    +24% since 6 Oct · moved 15 Oct
30. Disposal Norcros NXR£273m

    Sale of South African operations

    The Board said on 12 May 2026 it would explore a sale of the profitable South African business, completing the shift to a capital-light UK and European brand group.

    Status Process to potentially dispose of the South African …Buyer Not stated
    Sale process progressing to plan

    Next Disposal process progressing; interim results due 19 Nov · in 24 days

    +6% since 12 May · moved 15 Oct
31. Profit outlook THG THG£630m

    Profit upgrade

    THG raised its guidance on 15 Oct 2026; the shares moved +16% on the day. It is the fourth such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +16%In 12 months 4 statements in the same direction
    Guidance raised · fourth in 12 months

    +25% since 10 Sep · moved 15 Oct
32. Profit outlook TPXimpact Holdings TPX£90m new

    Profit upgrade

    TPXimpact Holdings raised its guidance on 15 Oct 2026; the shares moved +17% on the day. It is the second such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +17%In 12 months 2 statements in the same direction
    Guidance raised · second in 12 months

    +19% since 15 Oct · moved 15 Oct
33. Profit outlook Dunelm Group DNLM£1,727m

    Furniture availability recovery

    Guidance went from 'in line' in October 2025 to the lower end of consensus in April 2026, then in line with £210m consensus in July. FY26 PBT of £211.0m was flat.

    FY26 PBT £211.0m, flat on FY25Early FY27 significantly softer first six weeks due to hot weather; …
    FY27 guidance held; H1 PBT to be lower

    Next Q2 trading update 14 Jan · in 80 days

    −9% since 10 Feb · moved 15 Oct
34. Profit outlook XPS Pensions Group XPS£692m new

    Results ahead of expectations

    XPS Pensions Group said it is trading ahead of expectations on 15 Oct 2026; the shares moved +8% on the day.

    Direction ahead of expectations / raisedReaction on the day +8%In 12 months 1 statement in the same direction
    Ahead of expectations

    +10% since 15 Oct · moved 15 Oct
35. Profit outlook Vertu Motors VTU£264m

    Profit upgrade

    Vertu Motors raised its guidance on 14 Oct 2026; the shares moved +4% on the day. It is the third such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +4%In 12 months 3 statements in the same direction
    Guidance raised · third in 12 months

    +19% since 24 Jun · moved 14 Oct
36. Profit outlook Thor Explorations Ltd THX£330m new

    Profit warning

    Thor Explorations Ltd issued a profit warning on 14 Oct 2026; the shares moved −9% on the day.

    Direction below expectations / warningReaction on the day −9%In 12 months 1 statement in the same direction
    Profit warning

    −17% since 14 Oct · moved 14 Oct
37. Sale process YouGov YOU£314m

    Shopper strategic review

    YouGov began a strategic review of Shopper in March 2026 to unlock long-term value. On 13 Oct 2026 it said the review is ongoing with no outcome given.

    Shopper H1 profit £6.8m adjusted operating profit (HY25: £13.9m)Incremental investment £6m expected in FY26
    Review ongoing; no outcome

    Next further update on the review

    +54% since 24 Mar · moved 13 Oct
38. Capital return YouGov YOU£314m

    Share buyback replacing dividend

    In March 2026 the Board said it expected to replace the annual dividend with a buyback, citing a gap between intrinsic and market value. Facilities were amended by 6 Aug 2026.

    Balance sheet Year-end leverage 1.7x; net debt £142.1m; debt facilities …Size Up to £15m maximum aggregate consideration, in lieu of the …
    Buyback launched 13 Oct 2026, run by Berenberg

    Next Buyback expected to complete within second half of FY27

    +54% since 24 Mar · moved 13 Oct
39. Profit outlook Marston's MARS£364m

    Profit upgrade

    Marston's raised its guidance on 13 Oct 2026; the shares moved +15% on the day. It is the third such statement in 12 months.

    Direction ahead of expectations / raisedReaction on the day +15%In 12 months 3 statements in the same direction
    Guidance raised · third in 12 months

    +4% since 21 Jul · moved 13 Oct
40. Capital return AdvancedAdvT Limited ADVT£233m

    £10m buyback and possible tender offer

    Having already completed £10.0 million of share buyback, and we have initiated a further £10 million programme in September.

    Second £10m buyback under way

    Next half year results 2 Nov · in 7 days

    +24% since 4 Mar · moved 12 Oct
41. Capital return FirstGroup FGP£1,106m

    Buyback programme

    FirstGroup: buyback programme of £100m, 9.8% of the market value – proposed (12 Oct 2026).

    Kind buyback programmeAmount £100mOf market value 9.8%
    Proposed

    +23% since 18 Jun · moved 12 Oct
42. Activist Sanderson Design Group SDG£53m

    LBV ASSET MANAGEMENT LLP campaign

    LBV ASSET MANAGEMENT LLP holds 14.065% of Sanderson Design Group and wants: remove the chair, board seat(s).

    Activist LBV ASSET MANAGEMENT LLPStake 14.065%Wants remove the chair, board seat(s)Board opposes
    Circular published; board recommends voting against

    Next general meeting 29 Oct · in 3 days

    +53% since 22 Jan · moved 12 Oct
43. Takeover First Tin 1SN£73m

    Possible offer

    First Tin received an unsolicited, indicative proposal from Metals X, announced 9 October 2026, for a possible cash offer at 15p per share.

    Offer Preliminary, non-binding indicative cash offer for all …Bidder Metals X Limited, existing shareholder with two appointees …
    Approach

    Next firm offer or walk away (Rule 2.6) 6 Nov · in 11 days

    +16% since 9 Oct · moved 9 Oct
44. Disposal Gran Tierra Energy Inc. (CDI) GTE£306m

    Perico and Espejo acquisition

    On 5 Aug 2026 Gran Tierra agreed to sell all its Colombia and Ecuador assets to Maurel & Prom for about $1.33bn total consideration. The 2031 Noteholders consented on 22 Sep 2026, and on 9 Oct 2026 stockholders approved the sale.

    Conditions Colombian and Ecuadorian regulatory approvals and other …Noteholder consent 2031 Notes holders' consent obtained
    Stockholders approved; regulatory approvals pending

    Next Colombian and Ecuadorian regulatory approvals; closing targeted around 31 Dec 2026 31 Dec · in 66 days

    +167% since 10 Dec · moved 9 Oct
45. Activist Workspace Group WKP£637m

    Saba Capital Management, L.P. campaign

    Saba proposed a 12-month wind-down on 8 January 2026, which the Board rejected. It requisitioned board changes on 8 May, widened them to all six NEDs on 22 May, and holds about 21.12%.

    Activist Saba Capital Management, L.P.Stake 29.7302% – just under the 30% bid thresholdWants board seat(s)Board engaging
    Board urging votes against Saba before AGM

    −18% since 6 Aug · moved 9 Oct

Show 40 more

A row opens the situation with its chart and every step. Company pages also show the smaller matters – a new CEO, a plan, a contract, director buying.