A busy session for small-cap news was headlined by a material profit upgrade at Goldplat (AIM:GDP) as surging gold prices and strong recovery volumes pushed full-year earnings well ahead of forecasts, while Shearwater Group locked in a £25m contract extension and Topps Tiles moved the other way, cutting guidance as weak consumer demand and an unusual weather-driven trading slump took their toll on the tile retailer's third quarter. Elsewhere, corporate activity was broad-based, spanning a Glasgow hostel disposal, a Hong Kong franchise deal, and a pivot to IP licensing at Clean Power Hydrogen.
Goldplat profit set to materially beat full-year forecasts
Goldplat (AIM:GDP) issued a trading upgrade confirming that full-year profit will materially exceed market expectations, driven by elevated gold prices and strong processing volumes at its recovery operations. The announcement sent the shares up 7.94% to 17.0p, reflecting the scale of the earnings beat relative to prior consensus.
Shearwater secures £25m contract extension with global telecoms group
Shearwater Group (AIM:SWG) announced a £25m contract extension with an unnamed global telecoms provider, extending a long-standing managed services relationship. Group Chief Executive Phil Higgins described the award as a reflection of the company's technology solutions and service quality built over many years of partnership. The news drove the shares up 16.35% to 43.05p.
Safestay banks £5.1m from Glasgow hostel freehold sale
Safestay (AIM:SSTY) completed the disposal of its Glasgow Charing Cross hostel freehold for £5.1m, with proceeds directed toward debt repayment and balance sheet strengthening. The transaction removes a capital-intensive property asset and improves the group's financial flexibility. Shares rose 11.11% to 15.0p on the news.
ASOS cuts debt and costs with Atlanta fulfilment centre sale
ASOS (LSE:ASC) sold its Atlanta fulfilment centre lease and automation assets, reducing net debt to approximately £180m and securing £6m in annual cost savings. The disposal marks a meaningful step in the online fashion retailer's ongoing effort to streamline its logistics footprint and shore up its balance sheet. Shares jumped 10.24% to 317.5p.
Iconic Labs brings health economist onto board as director exits
Iconic Labs (AIM:ICON) appointed Bertalan Jászkuti, a life-sciences finance specialist from Syreon Research Institute, to its board of directors. The appointment follows the departure of Victor Humberdot after two years as a director, with the transition immediate. Shares surged 19.2% to 1.9668p.
Supreme posts record £270m revenue as Drinks and Wellness surges 60%
Supreme (AIM:SUP) reported record full-year revenue of £270m, with its Drinks and Wellness division delivering 60% growth as brand-led acquisitions and organic expansion doubled the group's portfolio over two years. Chief executive Sandy Chadha attributed the performance to a deliberate diversification strategy. Despite the record top line, shares fell 5.13% to 148.0p.
Liontrust reaches £24.4bn in assets after River Global deal closes
Liontrust Asset Management (LSE:LIO) completed its acquisition of River Global, bringing total assets under management to £24.4bn. Chief Executive John Ions said the deal broadens the group's investment capabilities across a wider range of styles. Shares edged up 2.0% to 356.5p.
Brickability completes Jacksons Fencing acquisition
Brickability Group (AIM:BRCK) closed its acquisition of Jacksons Fencing, marking what management described as a significant step in the group's diversification into the premium fencing market. The deal follows the group's established "Buy, Improve, Build" model, and leadership said it looked forward to driving the next stage of Jacksons' growth as part of the enlarged group. Shares were not listed in the verified data for this session.
Amcomri divests Premier Limpet adhesive tape unit for up to £10.1m
Amcomri Group (AIM:AMCO) agreed to sell its Premier Limpet adhesive tape business for up to £10.1m, with Chief Executive Hugh Whitcomb citing the transaction as evidence of the group's "Buy, Improve, Build" strategy in action. Proceeds are expected to support further portfolio development. Shares edged up 0.46% to 148.68p.
Clean Power Hydrogen seeks £7.5m to fund pivot to IP licensing
Clean Power Hydrogen (AIM:CPH2) launched a fundraise targeting up to £7.5m to finance a strategic shift away from direct hydrogen production toward global licensing of its intellectual property. Richard Scott, appointed chief executive officer elect, said the new focus would centre on the efficient commercialisation of the company's IP portfolio. Shares dipped 1.98% to 13.6p.
MedPal AI opens 23,000 sq ft robotic dispensing facility with NHS approval
MedPal AI (AIM:MPAL) opened its Sarus Court facility in Runcorn, a 23,000 sq ft robotic dispensing site capable of processing over 10,000 prescription items per day, a throughput that places it above the monthly volumes of Boots and Well.co.uk on the PharmData leaderboard. The site has received NHS approval, positioning MedPal as a significant new entrant in automated pharmacy fulfilment. Shares rose 1.85% to 4.074p.
GSTechnologies draws first $5m tranche of new loan facility
GSTechnologies (LSE:GST) accessed the initial $5m tranche of a $10m unsecured term loan agreed with Clarivan Group Kommanditbolag less than two weeks prior. The drawdown provides immediate working capital for the LSE-listed fintech as it develops its payments infrastructure. Shares gained 9.36% to 0.4101p.
EnergyPathways launches MESH gas storage work programme
EnergyPathways (AIM:EPP) initiated the work programme for its MESH gas storage project following a licence award, with CEO Ben Clube framing the project as critical infrastructure for the UK's long-duration energy storage needs. Clube argued that a robust investment framework was essential to unlock the infrastructure required to support an affordable and reliable electricity system. Shares added 1.91% to 6.93p.
Rockfire hits high-grade germanium in latest Molaoi drill hole
Rockfire Resources (AIM:ROCK) reported an intersection of 52.3g/t germanium alongside high-grade zinc, silver, and lead values in its latest drill hole at the Molaoi project in Greece. Chief executive David Price said the geological model was holding up well under drilling scrutiny, with results continuing to validate the company's exploration thesis. Shares rose 3.7% to 0.1374p.
Sanderson Design holds full-year guidance on year-on-year growth
Sanderson Design Group (AIM:SDG) confirmed that year-to-date trading showed year-on-year growth, leaving full-year expectations unchanged. The luxury interiors group's update offered reassurance that early-year momentum had been sustained, with no revision to market guidance required. Shares gained 2.5% to 73.8p.
Time Out signs 10-year Hong Kong and Singapore franchise with ITP Media
Time Out Group (AIM:TMO) signed a 10-year franchise agreement covering Hong Kong and Singapore with ITP Media Group, extending a 20-year partnership. Under the deal, local editorial teams transfer to ITP while Time Out receives recurring franchise fee income. Shares edged up 0.66% to 7.298p.
Seeing Machines refinancing extends beyond FY2026 on strong lender interest
Seeing Machines (AIM:SEE) said its refinancing process would extend beyond the end of FY2026, citing strong interest from lenders and a focus on securing the most attractive terms for the company. The driver monitoring technology group indicated no urgency in the timeline, framing the extension as a product of competitive lender appetite rather than difficulty. Shares rose 2.76% to 4.388p.
Rainbow Rare Earths advances Phalaborwa DFS with simplified flowsheet
Rainbow Rare Earths (AIM:RBW) completed major test work on its Phalaborwa definitive feasibility study, delivering a simplified processing flowsheet designed to reduce capital and operating costs while improving operability. CEO George Bennett said the optimisation work had been completed without compromising the project's technical integrity. Shares slipped 2.33% to 21.0p.
EMV Capital portfolio companies Glycotest and ProAxsis raise independent equity
EMV Capital (AIM:EMVC) announced that two of its portfolio companies, Glycotest and ProAxsis, had completed independent equity fundraisings. CEO Dr Ilian Iliev described the raises as a milestone transition from incubation to independently funded growth, signalling that both businesses had reached a stage where external investors were prepared to back them without reliance on the parent vehicle. Shares eased 0.97% to 51.0p.
Amigo Resources maps multiphase carbonatite system in Tanzania
Amigo Resources (AIM:AMGO) reported that geological mapping at its Tanzania rare earth project had identified a multiphase carbonatite system, with laboratory analyses underway to guide drill target generation. Executive Chairman Craig Ransley said the results would be integrated with mapping data before the next phase of exploration work commences. Shares fell 5.26% to 2.25p.
Catenai investee Alludium named technology partner for AgenticInvestor
Catenai (AIM:CTAI) disclosed that its investee company Alludium had been selected as the technology partner underpinning the AgenticInvestor platform, an open-source AI-driven workflow tool targeting private-market investors. Alludium's Agent Operating System was used in the build and testing of the platform. Despite the partnership news, Catenai shares fell 11.11% to 0.24p.
Physiomics promotes Head of Biometrics to Chief Operating Officer
Physiomics (AIM:PYC) appointed Jesse Thissen, previously Head of Biometrics, to the role of Chief Operating Officer as the AIM-listed computational modelling company targets operational scalability and commercial growth. The internal promotion signals a formalisation of the company's management structure as it seeks to expand its commercial pipeline. Shares rose 5.16% to 0.4995p.
Oriole Resources extends MB01-S gold deposit west and south
Oriole Resources (AIM:ORR) reported that step-out drilling at its MB01-S deposit had extended the gold mineralisation both westward and southward, with Chief Executive Martin Rosser expressing confidence that the results would support an expansion of the current mineral resource estimate when reported in Q3. Two final drill results are awaited before remodelling work can begin. Shares added 1.08% to 0.374p.
Genedrive Chairman Ian Gilham departs amid board rebuild
Genedrive (AIM:GDR) confirmed the departure of Chairman Dr Ian Gilham as the point-of-care pharmacogenetic testing company continues a broader board restructuring. The company is searching for a new independent Non-Executive Chairman and two additional non-executive directors to complete the rebuild. Shares rose 3.85% to 1.35p.
Tomahawk Metals hires Slovak geologists and launches Australian field programme
Tomahawk Metals appointed three Central European geologists and a Western Australian prospecting firm as it advances exploration assets in Slovakia and Western Australia simultaneously. The dual-country push reflects an accelerating field programme across both jurisdictions as the company builds out its technical team.
