Small Caps
Plant Health Care reports good global growth, though US disappoints
Agricultural biological products provider Plant Health Care issued a post year-end trading update ahead of its audited full year financial results for the year ended 31 December, which is expected no later than the second week of April.
Edenville makes good reguatory progress in Tanzania
Edenville Energy announced on Wednesday that the second stage of the Environmental and Social Impact Assessment for its integrated coal-to-power project in western Tanzania - the Scoping Study - had now been completed with the relevant documents being approved by the Tanzanian National Environment Management Council.
Tribal Group expects 2016 performance to be 'materially ahead'
Tribal Group announced on Wednesday that, following a good second half, the board anticipates that group revenues will be in line with its expectations for the year to 31 December 2016, and the performance of the group will be materially ahead.
Small caps news round-up
AIM-quoted Christie Group, a provider of business services and inventory systems to the leisure, retail and care industries, has said that its agency and advisory service has brokered the sale of a nursery business to a French firm, for an undisclosed fee. Christie & Co brokered the sale of Magic Nurseries to Les Petits Chaperons Rouges, a private nursery chain, which was the first provider of employer-sponsored childcare in France.
Armadale Capital raises £0.65m through placing
Africa-focused natural resources investment company Armadale Capital announced on Wednesday that it has raised £0. 65m through the placing of 26,030,000 new ordinary shares of 0. 1p each in the capital of the company, at a price of 2. 5p per ordinary share with new and existing investors in the UK and Australia.
NAHL trades in line with 2016 expectations
Legal marketing and services business NAHL posted a trading update for the year to 31 December on Wednesday, confirming it traded in line with board expectations.
Angus Energy completes Brockham upgrade works
Angus Energy confirmed on Wednesday that, further to its 15 December announcement, site upgrade works to the production bunds were now complete and well intervention continues on site at Brockham.
Rotala secures three new contracts
AIM-listed bus operator Rotala announced on Wednesday that it has won three new contracts in the UK.
Management Resource Solutions reports larger loss, turns down new meeting request
Management Resource Solutions has turned down a requisition for another general meeting due to a legal loophole and reported that pre-tax losses more than tripled last year.
Motif Bio appoints former investment banker as CFO
AIM and Nasdaq-listed antibiotics developer Motif Bio appointed pharmaceutical veteran and former investment banker Robert Dickey as chief financial officer.
Mercia invests in battery innovator Faradion
Innovative technology investment group Mercia Technologies announced a new direct investment of up to £1. 9m in Faradion, a company focused on the development and commercialisation of advanced, low-cost battery materials, on Wednesday.
Quartix to pay supplementary dividend, revenue to be ahead of expecattions
Quartix, a supplier of subscription-based vehicle tracking systems, anticipates revenue will be ahead of expectations and will therefore pay a supplementary dividend, along with a final dividend, as it focused on its core fleet away from low margin insurance sales.
LoopUp's revenue jumps nearly 40%
Shares rose in LoopUp Group as the remote meetings company profit announced it has traded ahead of expectations as revenue jumped 39%.
Midwich sees full-year profit 'comfortably ahead' of expectations
Specialist audio visual and document solutions distributor Midwich said 2016 pre-tax profit is likely to be “comfortably ahead” of its previous expectations following a strong performance in the second half.
Christie Group brokers deal to sell nursery company
AIM-quoted Christie Group, a provider of business services and inventory systems to the leisure, retail and care industries, has said that its agency and advisory service has brokered the sale of a nursery business to a French firm, for an undisclosed fee.