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CelLBxHealth revenues halve as turnaround cuts costs and sets 2026 growth target
The AIM-listed CTC technology company reported full-year revenue of £1.4 million, down 52% year on year, but cut its operating cost base by more than £6.6 million and guided for at least 50% revenue growth in 2026.
BATM Advanced Communications sells non-core subsidiaries in $37m deal
The sale of a portfolio of medical, pharmaceutical and distribution businesses will leave BATM focused solely on secure networking, quantum encryption and cybersecurity.
NextEnergy Solar Fund lifts income and cuts debt as strategic reset takes hold
The specialist solar investor grew total income to £141.3m and strengthened its cash position in the year to 31 March, as it pressed ahead with asset disposals and a dividend policy overhaul.
Genflow Chairman to Join RNA Therapeutics Panel at BIO International Convention
Genflow Biosciences' non-executive chairman will participate in a panel discussion on RNA therapeutics at one of the biotechnology industry's largest annual gatherings.
Babcock posts record free cash flow as Type 31 charge weighs on profit
The defence and nuclear engineering group grew revenue 8% organically in the year to 31 March, but a £140 million charge on its troubled Type 31 frigate contract suppressed reported operating profit.
Pantheon Infrastructure commits $55m to US renewable energy platform Terra-Gen
The listed infrastructure fund is deploying approximately £41m into a 4 GW solar, wind and battery storage operator with a 16 GW development pipeline.
Ondine Biomedical expects Phase 3 top-line results within three weeks
The LANTERN trial database lock is days away, with statistical analysis to follow and top-line readout expected within one to two weeks thereafter.
Timor-Leste regulator moves to terminate Sunda Energy's Chuditch gas licence
Sunda Energy has received a notice of intention to terminate its Production Sharing Contract covering the Chuditch gas field after failing to drill an appraisal well by the required deadline.
Fusion Antibodies receives Canadian patent allowance for antibody library technology
Canada's intellectual property office has confirmed the claims in Fusion Antibodies' application covering two antibody families and associated design methods are patentable.
ValiRx ends University of Dundee drug discovery collaboration after technology fails to meet licensing threshold
ValiRx has terminated its evaluation agreement with the University of Dundee's Drug Discovery Unit after the candidate technology did not meet the criteria required for the company to exercise its option to license it.
Mila Resources starts first geophysical survey at Monal gold-copper project in Queensland
The induced polarisation survey targets porphyry-style mineralisation signatures and is designed to generate drill-ready targets at the Monal project's Child's prospect.
Europa pushes EG-08 farm-out deadline to end of July as Chinese regulatory sign-off awaits
Wishbone Gold hits shallow gold at Red Setter with mineralisation open at depth
First assay results from reverse circulation drilling at Red Setter returned gold from as shallow as 45 metres, with the deepest hole ending in mineralisation.
Eco Buildings Group reaches second floor on first Albania apartment block
The UK-listed industrialised housing firm has completed the second-floor structure of the first block at its Rolling Hills development in Tirane, with the third and final floor now under construction.
easyJet rejects three takeover bids from US investor Castlelake
The firm has structured the deal to satisfy European Union rules that require EU-controlled ownership of airlines operating within the bloc.
Clean Power Hydrogen pivots to licensing after MFE220 electrolyser incident
A hydrogen-oxygen ignition during final factory acceptance testing has forced CPH2 to abandon manufacturing ambitions and shift to an intellectual-property licensing model.
Ocado confirms CEO succession planning is under way
Ocado Group has acknowledged media speculation over its chief executive's future, confirming the board is actively engaged in long-term succession planning.
Small Caps Today: Redcentric launches £90m tender offer after data centre exit, Trellus Health, Union Jack Oil, Emmerson, Mobico, Synthomer . . .
A wave of corporate restructuring and capital returns defined Friday's small-cap session, with Redcentric's £90 million tender offer, funded by its data centre disposal, the standout event of the day.
Tesco shares still a Buy despite softer-than-expected first-quarter says broker
UK like-for-like sales of 1.8% missed Deutsche Bank's 2.2% forecast, though the bank's analysts see the result as a trough rather than a trend.
Stockbroker pitches bullish target for Savannah Resources ahead of a major catalyst
SP Angel sees nearly 200% upside and flags RECAPE approval and a DFS as the major re-rating events for the high-potential small cap as it progresses a Portuguese lithium mining project.