A US pawnbroking giant's move on Ramsdens Holdings (AIM:RFX) dominated the small-cap tape, sending the shares surging more than 30% and marking FirstCash's second major UK acquisition in under a year. Elsewhere, a cloud services profit warning hammered Iomart, a reverse takeover into AI content creation reshaped Tiger Alpha, and a clutch of full-year results, from structural steel to industrial LEDs, painted a mixed picture of margin pressure and tentative recovery across the segment.
FirstCash launches recommended cash takeover of Ramsdens
Ramsdens Holdings (AIM:RFX) agreed to a recommended cash acquisition by US pawnbroking giant FirstCash Holdings via a court-sanctioned scheme of arrangement, with the shares jumping 30.77% to 591.755p. The deal extends FirstCash's UK footprint less than a year after the group completed its purchase of rival H&T, giving it a second established high-street pawnbroking and foreign exchange network in Britain.
Tiger Alpha to rebrand as Potentially AI after reverse takeover deal
Tiger Alpha (AIM:TIR) announced plans to acquire Cyprus-incorporated Potentially, an AI-powered content creation platform, in a reverse takeover that will see the company seek readmission to AIM under a new name, Potentially AI. The shares slipped 4.0% to 0.48p as investors digested the terms, with full details of the transaction and readmission timetable to follow.
Iomart swings to £4m loss as customer churn bites
Iomart Group (AIM:IOM) delivered a sharp reversal in fortunes for the year to 31 March, posting a £4m adjusted pretax loss against a £6.5m profit a year earlier, as customer departures outpaced new order bookings across its UK cloud services business. The market's verdict was severe, with the shares falling 20.28% to 14.35p, making it the session's steepest decliner among the stocks covered.
Severfield delivers £10.5m profit but flags another transition year ahead
Severfield (LSE:SFR) reported full-year underlying profit of £10.5m on stable revenue, though the figure represented a sharp year-on-year decline as competitive pricing and project delays continued to squeeze margins. Management flagged FY27 as another transition year, tempering expectations for a near-term recovery, with the shares essentially flat at 27.725p, down just 0.27%.
Filtronic beats EBITDA target and wins new mmWave contract
Filtronic (AIM:FTC) entered FY2027 with a full order book after beating its adjusted EBITDA expectations for the year ended 31 May, and simultaneously announced a new millimetre-wave contract win. The company nudged its profit forecast higher, though the shares gave back 8.68% to 347.0p, suggesting the guidance upgrade was already priced in or that investors were taking profits following a strong run.
Hercules flags project start delays at AGM
Hercules (AIM:HERC) used its AGM to warn shareholders that a number of key project starts have slipped, introducing near-term uncertainty for the AIM-listed construction and labour services group. Management nonetheless expressed confidence in the company's repositioned operating platform, citing infrastructure spending tailwinds as a supportive backdrop, though the shares dipped 3.09% to 23.5p.
Big Technologies reaffirms full-year guidance on US and Latin America momentum
Big Technologies (AIM:BIG) confirmed full-year trading remains in line with market expectations, backed by six new US contract wins since April and a three-year renewal in Guatemala. The electronic monitoring group's Latin America renewals and expanding US footprint provided the commercial substance behind the guidance reaffirmation, with the shares edging up 0.97% to 102.4873p.
Angus Energy lifts Saltfleetby output 30% with £9.5m first-half revenue
Angus Energy (AIM:ANGS) reported that well interventions at its Saltfleetby gas field lifted production by approximately a third, with first-half revenue reaching £9.5m. Hedging arrangements now cover 12.3m therms through mid-2027, providing meaningful revenue visibility, and the shares responded with a 14.29% gain to 0.24p.
Vast Resources extends Gulf International Minerals deadline to end of July
Vast Resources (AIM:VAST) pushed back the long-stop date on its proposed reverse takeover of Gulf International Minerals by one month to 31 July, buying additional time to satisfy conditions on the deal. The extension lifted the shares 4.35% to 0.12p, reflecting market relief that the transaction remains live.
Ondo InsurTech closes placing bookbuild to fund new orders
Ondo InsurTech (AIM:ONDO) confirmed its placing bookbuild has closed, with full terms and a completion timetable to be set out in a further announcement. The fundraise is intended to fund new order fulfilment, though the shares fell 9.32% to 3.31p as the dilution overhang weighed on sentiment ahead of the final pricing disclosure.
Dekel Agri-Vision draws down €10.9m in bond refinancing first tranche
Dekel Agri-Vision (AIM:DKL) completed the first tranche of a €13.3m bond refinancing, drawing down approximately €10.9m and retiring 84% of its existing bond principal in the process. The West African agriculture company's balance sheet restructuring pushed the shares up 4.0% to 0.39p.
Tern records £5.1m loss as portfolio fair values fall
Tern (AIM:TERN) posted a full-year loss of £5.1m for 2025, deepened by £4.1m in fair value write-downs across its IoT investment portfolio, which reduced net assets to £6.9m. The shares fell 5.68% to 1.0375p as the scale of the portfolio deterioration came into focus.
Dialight underlying profit more than doubles as transformation plan delivers
Dialight (LSE:DIA) reported underlying operating profit of $10.3m for the year ended 31 March, more than double the prior year's $4.2m, as its multi-year transformation programme began to convert into tangible earnings improvement. Revenue fell 9% over the same period, but the margin expansion story proved more compelling to investors, with the shares adding 1.89% to 377.0p.
Symphony Environmental swings to 2026 profit after restructuring
Symphony Environmental Technologies (AIM:SYM) reported a widened operating loss for 2025 but said restructuring work has delivered a net profit in the first five months of 2026, marking a meaningful inflection for the oxo-biodegradable plastics specialist. Despite the positive current-year signal, the shares fell 7.78% to 8.3p, suggesting investors remain cautious approximately the durability of the recovery.
Intercede posts resilient results with £9m in post-year-end orders
Intercede Group (AIM:IGP) reported a marginal revenue decline for the year ended 31 March but pointed to nearly £9m in post-year-end contract orders as evidence of strengthening momentum heading into FY27. The cybersecurity software group's forward order visibility offered reassurance even as the headline numbers disappointed slightly, with the shares easing 2.99% to 116.9p.
Journeo wins £1.3m bus safety contract from Metroline Manchester
Journeo (AIM:JNEO) secured a £1.3m order from Metroline Manchester to supply digital CCTV and camera monitoring systems for new electric buses joining the operator's fleet. The contract adds to the transport technology company's growing roster of bus safety deployments, with the shares rising 2.86% to 450.0p.
Strategic Minerals finds tin and tungsten beyond Redmoor resource boundary
Strategic Minerals (AIM:SML) reported that additional assay work on 2025 drill core has returned mineralised intersections north of Redmoor's modelled resource boundary, extending the potential footprint of the Cornish tin and tungsten project. A second active drillhole is advancing toward target depth, and the shares slipped 2.76% to 4.3175p.
B.P. Marsh collects £5.1m deferred payment from Aspira disposal
B P Marsh Partners (AIM:BPM) received its second deferred payment from the 2024 sale of Aspira Corporate Solutions, bringing total proceeds from the disposal to £14.3m. The specialist financial services investor's shares were broadly unchanged at 702.0p, up a modest 0.29%.
Tertiary Minerals outlines Zambian silver-copper target as cash nears critical low
Tertiary Minerals (AIM:TYM) published a JORC exploration target of 15 to 30m tonnes at its Mushima North silver-copper project in Zambia, providing a resource framework ahead of a planned drilling restart. The announcement came as the company disclosed a cash balance of just £78,000, a near-critical level that will require resolution before field work can resume, with the shares ticking up 2.29% to 0.0537p.
Arkle Resources pivots entirely to Namibian uranium after 2025 loss
Arkle Resources CDI (AIM:ARK) closed 2025 with a £2m operating loss but has since repositioned entirely around uranium exploration licences in Namibia's Erongo Region, abandoning its prior strategy. The shares fell 7.48% to 0.717p as investors assessed the risk profile of the pivot.
Supersearch Plus faces share suspension over delayed annual accounts
Supersearch Plus (AQSE:SSP) warned it cannot file its 2025 annual accounts by the 30 June regulatory deadline, triggering a suspension of its AQSE-listed shares. The Hong Kong frozen seafood importer's inability to meet the filing timetable leaves shareholders with no tradeable market in the stock until the accounts are submitted and the suspension lifted.
NCC Group joins OpenAI's Daybreak Cyber Partner Program
NCC Group (LSE:NCC) gained access to a configured version of GPT-5.5 through membership of OpenAI's invite-only Daybreak Cyber Partner Program, positioning the cybersecurity firm to research defensive security applications using the model. The shares dipped 1.17% to 122.156p, with the market treating the partnership as a strategic signal rather than an immediate earnings catalyst.
