Small Caps
Small caps news round-up
Games Workshop declared a dividend of 30p per share as it expects to beat market forecasts after it enjoyed a "significant increase" in sales and profits since the end of November. The retailer, which specialises in offering miniature war-game figurines for collecting and gaming, said it was confident of beating market expectation after finalising the product phasing for the year to end-May.
Clinigen division teams up with TESARO
Clinigen Group announced on Tuesday that its Idis Managed Access division has partnered with TESARO to launch a managed access program for the investigational PARP 1/2 inhibitor, niraparib.
W Resources releases 'exceptional' results from Sao Martinho
Tungsten, copper and gold mining, production, exploration and development company W Resources announced some “exceptional results” at its São Martinho Gold project in Portugal on Tuesday.
Games Workshop profits to beat current forecasts, declares dividend
Games Workshop declared a dividend of 30p per share as it expects to beat market forecasts after it enjoyed a "significant increase" in sales and profits since the end of November.
Mariana talks up positive results from Hot Maden tests
Exploration and development company Mariana Resources announced a “highly favourable” outcome for its preliminary economic assessment of the high grade Hot Maden gold-copper project in north east Turkey.
Elegant Hotels posts drop in revenue but remains committed to expansion strategy
Elegant Hotels Group, the owner of six hotels and a beachfront restaurant in Barbados, reported a fall in revenue due “challenging market conditions” in the luxury hotel industry but said it remains committed to its expansion strategy.
Johnston Press sells East Anglia newspaper business for £17m
Johnston Press, the owner of the i, the Scotsman and many local newspapers, has sold its East Anglia business for £17m in order to focus on key growth areas.
Giulio Cerroni appointed CEO of IXICO
Brain health company IXICO announced on Tuesday that Giulio Cerroni will be appointed to the board as chief executive officer, with effect from 6 February.
Richard Moulson to join Evgen Pharma as CFO
Clinical-stage drug development company Evgen Pharma announced the appointment of experienced healthcare executive Richard Moulson as its chief financial officer on Tuesday.
Distil's earnings to be ahead of expectations after Christmas sales surge
Distil, the owner of drinks brands RedLeg spiced rum, Blackwoods gin and Jago’s cream liqueur, said earnings for last year are likely to be ahead of expectations due to a surge in sales over Christmas.
Velocys announces 'strategic alliance' with Morimatsu
Small scale gas-to-liquids company Velocys announced on Tuesday that it has signed a memorandum of understanding establishing a strategic alliance with Morimatsu Jiangsu Heavy Industry, a subsidiary of Morimatsu Industry Company.
Onzima Ventures agrees to buy remaining 51% of N4 Pharma
AIM-listed Onzima Ventures has agreed in principle to buy the 51% of N4 Pharma it does not already own.
7Digital meets profit target as it benefits from strong dollar
Business to business music and radio company 7Digital met its profit target for the year, aided by a strong dollar against sterling, while it won new contracts.
Nature Group sells loss-making Gibraltar subsidiary for £4m
Nature Group, a provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, has brought an end to an “unhappy chapter” in its history by selling its loss-making Gibraltar subsidiary, but warned that its losses for the year would widen “substantially”.
Hotel Chocolat's Christmas sales not sweet enough for investors
Hotel Chocolat Group’s quarterly revenue rose during the Christmas period due to an increase in footfall for the chocolatier and sales of higher priced items, though investors seemed disappointed about what that implied for like-for-like growth.
RWS Holdings appoints Richard Thompson as CEO
Intellectual property support service provider RWS Holdings has appointed Richard Thompson as chief executive, effective from 1 April, following the retirement of Reinhard Ottway.
Learning Technologies marks profits higher after transformational year
Learning Technologies revealed profits last year were better than expected as a US acquisition significantly outperformed and a contract to provide training to the entire UK civil service began to transform the e-learning group's prospects.