SMALL CAPS
27 Mar
TechFinancials completes transfer of shares to joint venture partner
Money, cash, banknotes, euros, euro ; dollars, pounds sterling. Image TaxRebate.org.uk

Financial trading broking technology provider TechFinancials announced the completion of the transfer of 3,868,615 ordinary shares of $0. 0005 to the owners of its joint venture partner, Optionfortune, on Monday.

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27 Mar
Small cap news round-up

Esports business Gfinity’s football videogame will be the final game to feature in the Elite Series, an eSports league, which is launching later this year.

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27 Mar
Amerisur continues to make progress in Colombia
oilfield

South America-focussed oil and gas producer and explorer Amerisur Resources provided an update of operations in Colombia on Monday.

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27 Mar
Domino's Pizza franchise still surging in Poland
Dominos Domino

Master Domino’s Pizza franchisee for Poland, DP Poland, posted its final results for the 2016 calendar year on Monday, with system sales up 62% year-on-year, or 27% on a like-for-like basis.

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27 Mar
Itaconix widens loss after exiting nicotine gum business
money

Itaconix posted its preliminary results for the 12 months to 31 December on Monday - a year in which it changed its name from Revolymer, and undertook a “major reorganisation” to focus on its specialty chemicals business.

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27 Mar
IMImobile to buy multi-channel messaging app provider Infracast
cash money sterling pay deal offer acquisition m&a

IMImobile has agreed to buy multi-channel messaging applications provider Infracast for an initial consideration of £8. 2m in cash and shares.

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27 Mar
Gfinity adds new video game to Elite Series

Esports business Gfinity’s football videogame will be the final game to feature in the Elite Series, an eSports league, which is launching later this year.

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27 Mar
Trading Emissions narrows loss under threat of Polish regulation
wind, windfarm, renewable, turbine

Closed-ended investment company that specialises in renewable energy projects and emissions instruments, Trading Emissions, announced its results for the six month period to 31 December on Monday.

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27 Mar
Path Investments to float on London Stock Exchange on Thursday
europa oil and gas

Path Investments is to float on the London Stock Exchange on 30 March as the energy investor bids to capitalise on the downturn in the price of oil.

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27 Mar
Hurricane Energy claims UK's 'largest' undeveloped offshore oil discovery
North Sea rig

Hurricane Energy reported an oil discovery from exploratory drilling near to the Lancaster field, which the company believes is part of the largest undeveloped discovery on the UK continental shelf.

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27 Mar
Bioventix earnings surge thanks to sterling
cash money sterling pound

High-affinity antibody developer and supplier Bioventix announced its unaudited interim financial results for the six months to 31 December on Monday, with turnover rising 32% period-on-period to £3. 12m.

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27 Mar
Quadrise stable as it develops MSAR fuel product
Money coins pound

Emerging supplier of ‘MSAR’ emulsion technology and fuel Quadrise Fuels International announced its interim results for the six months to 31 December on Monday - a period in which it raised £5. 25m through a placing and open offer of new ordinary shares in November.

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27 Mar
Premier African Minerals raises £2m to invest in lithium mines
mining truck, commodities, minerals, iron ore

AIM-listed Premier African Minerals has raised £2m form an oversubscribed share placing to fund develop at its lithium and limestone mines.

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27 Mar
GLI Finance to increase stake in Sancus IOM Holdings
Money pound sterling magnifying glass

AIM-listed investor GLI Finance has agreed to buy an additional 2. 1% stake in Sancus IOM Holdings, which finances small-medium sized enterprises, for £163,331.

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27 Mar
Mercantile Ports & Logistics to develop facility at Mumbai port
ashtead, shipping container, port, dock

Mercantile Ports & Logistics is to develop a facility at its port in Mumbai, India with an engineering and logistics project company.

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27 Mar
ITM Power sells electrolyser and hydrogen energy equipment
ITM Power, energy storage

Shares in ITM Power surged on Monday after the clean energy storage company announced it had sold some equipment and that it has a pipeline of potential revenue worth nearly £25m.

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27 Mar
European Wealth enters into 12-month loan facility
Finance, graph

European Wealth has entered into a £720,000 12-month loan facility at an interest rate of 10%.

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27 Mar
Elektron Technology completes sale of Digitron
cash money sterling pay deal offer acquisition m&a

AIM-listed Elektron Technology has completed the sale of the business and assets of Digitron to The British Rototherm Company for a total gross consideration of £300,000 in cash payable on completion, which will be used for working capital purposes.

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24 Mar
FastJet strengthens board with new chairman and CFO
Fastjet, aircraft, Africa

FastJet has appointed a new chairman and chief financial officer, along with another director appointment, to strengthen its board as the African budget airline attempts to turnaround its fortunes.

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24 Mar
Small cap news round-up
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FastJet has appointed a new chief financial officer along with other appointments to strengthen its board as the African budget airline attempts to turnaround its fortunes.

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