RC365 cancels convertible note and restructures capital with new broker
RC365 Holding (AIM:RCGH) appointed Bowsprit Partners as corporate broker with immediate effect, simultaneously terminating a previously announced convertible loan note and agreeing a placing that includes up to 12.5m investor warrants alongside broker warrants. The combination of the CLN cancellation and the new placing terms represented a significant reset of the company's capital structure. The shares fell 29.75% to 2.81p.
Fuller, Smith & Turner lifts adjusted profit 28% on margin expansion
Fuller, Smith & Turner (LSE:FSTA) reported a 28% rise in adjusted profit before tax to £34.6m for the full year, with revenue climbing 5.7% to £397.8m as like-for-like sales growth combined with margin expansion to drive the result. The board proposed a final dividend of 13.35p. The shares rose 10.67% to 726.0p.
Beeks wins three cloud contracts worth £1.7m
Beeks Financial Cloud Group (AIM:BKS) secured three new contracts spanning its Analytics, Proximity Cloud and Private Cloud divisions, with a combined value of £1.7m. The wins broaden the group's contracted revenue base across its core financial infrastructure services. The shares climbed 9.79% to 209.7p.
Diales posts 43% underlying profit growth on European demand
Diales Group (AIM:DIAL) reported a 43% rise in underlying profit in the first half, driven by strong European demand for its expert witness and advisory services. The group said its new Building Safety and Fire Engineering service line is expected to make its full contribution in the second half, pointing to further momentum ahead. The shares advanced 7.89% to 30.21p.
Molten backs Isar Aerospace with €30m in €270m Series D
Isar Aerospace closed a €270m Series D round, with Molten Ventures contributing €30m to the raise. The capital is earmarked to help Isar scale globally and accelerate serial production of its Spectrum launch vehicle, as the European launch sector continues to attract significant institutional backing.
Caledonia Mining schedules maiden Motapa resource for Q3
Caledonia Mining Corporation (AIM:CMCL) released high-grade drill results from the Motapa North target at its Bilboes project, with consistent intersections pointing to the potential for a substantial resource close to planned infrastructure. The company has scheduled a maiden resource estimate for the third quarter. Chief Executive Mark Learmonth said the results demonstrate the potential to enhance Bilboes' long-term value. The shares eased 1.34% to 1470.0p.
Vp delivers resilient full-year profit through Brandon restructure
Vp (AIM:VP.) reported resilient full-year profit despite absorbing a restructuring charge from its Brandon Hire Station transformation programme, which the Harrogate-based equipment rental group completed on time. Management said it expects FY27 trading to be in line with consensus, providing a degree of forward visibility as the restructured business begins to operate at full run-rate. The shares were quoted at 457.0p.
Motorpoint pre-tax profit jumps 82.9% as AI adoption pays off
Motorpoint (AIM:MOTR) posted an 82.9% jump in pre-tax profit as revenue rose 8.1%, with Chief Executive Mark Carpenter crediting the group's embrace of AI and data-driven operations as central to the year's performance. The result reflected both volume growth and improved operational efficiency across the used-car retailer's network. The shares rose 2.0% to 127.5p.
Tullow Oil guides production to higher end of 2026 range
Tullow Oil (AIM:TLW) updated the market that 2026 production is tracking towards the higher end of guidance, while maintaining its free cash flow range for the year. Chief Executive Ian Perks said the group remains well placed to generate significant free cash flow in 2026 and beyond. The shares gained 3.4% to 15.2p.
H-Power completes first UK green hydrogen sale to Protium
H-Power (AIM:HPOW) signed a 12-month agreement to supply 5,000 kg of green hydrogen to Protium, marking what the company described as a first for the UK in demonstrating scaled, commercially viable low-carbon hydrogen production from its ammonia cracker without reliance on government subsidies. The shares rose 2.66% to 13.14p.
H-Power ships two LC30 fuel cell generators to Saudi Arabia for trials
In a separate announcement on the same day, H-Power (AIM:HPOW) confirmed the sale of two LC30 fuel cell generators to TAMGO for trials in Saudi Arabia. Chief Executive John Wilson said the agreement demonstrates TAMGO's commitment to the LC30 product, opening a potential new market for the company's fuel cell technology in the Gulf region.
Frontier Developments records highest-ever adjusted profit on simulation strength
Frontier Developments (AIM:FDEV) reported a record adjusted profit for the year, with a 16% rise in revenue driven by strong performance from its simulation titles. Chief Executive Jo Cooke said the company is positioned for further success, with three new games scheduled across the next two financial years. The shares were broadly flat at 468.60p.
World Chess and FIDE agree first online-to-OTB rating conversion route
World Chess (AIM:CHSS) signed a term sheet with FIDE to create the first official pathway for converting online chess ratings to over-the-board ratings, a development that also renews the FIDE Online Arena partnership and opens a new revenue line through conversion fees. The non-binding agreement positions World Chess at the intersection of the online and classical chess ecosystems. The shares were quoted at 0.225p.
Coastal Africa Group begins AIM trading as West African oil vehicle
Coastal Africa Group was admitted to AIM, beginning trading as an investing company with a mandate to acquire minority stakes and pursue an intended acquisition in West African oil and gas. The vehicle will deploy proceeds from a subscription and convertible loan notes to build its portfolio in the region.
Petra Diamonds suspends Finsch mine as business rescue begins
Petra Diamonds suspended production at its Finsch mine in South Africa as appointed business rescue practitioners took custodianship of the asset. The practitioners will prepare a rescue plan for creditor approval, marking a significant escalation in the financial difficulties facing the operation.
Light Science buys SMT line and lands up to £200k assembly contract
Light Science Technologies Holdings (AIM:LST) announced that its contract electronics arm has acquired and installed a Surface Mount Technology production line from a manufacturing partner, securing initial assembly orders and potential follow-on work worth up to £200,000. The investment expands capacity and deepens the manufacturing partnership. The shares were broadly flat at 1.9975p.
Helical lets Old Street Bower space to Fin and Fresha
Helical (AIM:HLCL) completed new lettings at The Bower, its Old Street campus, with tenants Fin and Fresha taking space under the new leases. Chief Executive Matthew Bonning-Snook said the deals reinforce the continued appeal of the campus and underpin the strategy of actively managing and enhancing the asset. The shares dipped 0.98% to 181.0p.
ECR Minerals targets Raglan gold recovery improvement after Lidar review
ECR Minerals (AIM:ECR) outlined plans to improve gold recovery at its Raglan alluvial operation following a Lidar survey and specialist operational review, with the company focusing on mining location selection, material processing and plant optimisation. The shares fell 12.08% to 0.211p.
Dekel Agri-Vision crude palm oil output rises 31.9% in May
Dekel Agri-Vision (AIM:DKL) reported a 31.9% year-on-year rise in crude palm oil production for May, with Chief Executive Youval Rasin describing it as another strong month for the palm oil operation. The shares gained 4.53% to 0.392p.
Shuka Minerals hits 29.58% zinc over 19m at Kabwe
Shuka Minerals (AIM:SKA) reported high-grade zinc mineralisation in its third drill hole at the Kabwe project, with KBDD03 returning 29.58% zinc over 19 metres from 221.10m to 240.10m based on preliminary portable XRF readings. The result adds to a growing body of high-grade intercepts at the project. The shares edged down 0.84% to 2.6278p.
Fulcrum Metals contracts TDI for cyanide-free Ontario pilot plant
Fulcrum Metals (AIM:FMET) contracted Test Design Implement Solutions to deploy and operate a 2.4 tonnes-per-day pilot plant using Extrakt Process Solutions' cyanide-free leach technology at the Teck-Hughes project in Ontario. The company said the programme is designed to advance the project and create a repeatable mine-waste recovery model. The shares slipped 2.7% to 9.0p.
Marula Mining targets copper and manganese sales in June despite shipping delay
Marula Mining confirmed plans to begin copper and high-grade manganese sales in June, though a planned 500-tonne trial shipment to Jindal Pelletising was postponed after conflict in the Middle East disrupted shipping logistics and increased costs. The company said it expects to proceed with sales once logistics are resolved.
Time Out signs five-year Australian media franchise with Vinyl Group
Time Out Group agreed a five-year franchise arrangement with Vinyl Group covering its Australian media operations, with CEO Rob Biagioni describing Australia as an important territory for the brand. The deal extends Time Out's franchise model into the market and provides a structured revenue arrangement for the territory.
Power Probe confirms 2026 trading in line ahead of AGM
Power Probe told shareholders ahead of its AGM that trading in the year to date is in line with expectations, with Chief Executive Chema Garcia describing an encouraging start to 2026. The shares were quoted at 69.0p.
BWA Group identifies gold-favourable structures at Aracari
BWA Group completed more than 500 soil samples on a 200m x 50m grid at its Aracari project, generating geochemical anomalies that the company said identify gold-favourable structures. Samples have been dispatched to a laboratory for assay, with further programmes planned across areas of interest AOI-06 to AOI-09.
Cornish Metals completes South Crofty process plant design
Cornish Metals completed the design phase for the South Crofty process plant, with CEO Don Turvey noting that dewatering is under way through the fully commissioned 195-level pump station, operational for the first time in over 28 years. The milestone marks a significant step in the project's development timeline.