Small cap round up
Plus500, an AIM listed online service provider for retail customers to trade contract for differences (CFDs) internationally, has agreed to be the official sponsor for Australian professional rugby union team the Brumbies during the 2017/18 season.
OneView, an AIM-listed digital transformation software providers for in-store customer sales and service, recorded a fall in revenues due to poor order intake in the first half. These new business delays led to revenue falling to $1.20m in the first half ended 30 September 2016 from $4m in the previous period.
RedstoneConnect, an AIM listed provider of technology and services for smart buildings and commercial spaces, announced the deployment of its workspace management software solution OneSpace with UBM. UBM, a leading global events and marketing communications specialist, has launched the product at its head office in New York.
Focusrite, an AIM listed global music and audio products company, has appointed Timothy Paul Carroll as its new group executive officer. Carroll will assume his position on 3 January 2017 taking over from Dave Froker who is retiring at the end of December.
ReNeuron, an AIM-listed UK based developer of cell-based therapeutics, saw first half revenues double due to a series of successful drug trials. Revenues were £22,000 for the six months ended 30 September 2016 up from £11,000 in the first half of 2015.
Video search company RhythmOne is to buy Toronto-listed Perk, a mobile-first rewards and engagement platform, for $42.5m in a bid to strengthen its scale and platform. The AIM-listed company has agreed to buy Perk’s issued outstanding common and class A shares and certain employee options, in a deal expected to close in January 2017.