A busy day for small-cap newsflow brought guidance upgrades, a fresh market listing, a government-level rebuke for a major outsourcer, and a string of exploration milestones. Beauty Tech Group (AIM:TBTG) set the tone with a full-year upgrade that lifted its shares more than 7%, while Capita (LSE:CPI) absorbed the sharpest fall of the session after ministers called out its handling of the Civil Service Pension Scheme.
Beauty Tech Group upgrades full-year revenue and profit guidance
Beauty Tech Group (AIM:TBTG) raised its full-year revenue and profit forecasts after a strong first half, with growth across all key markets and channels underpinning the upgrade. Chief executive Laurence Newman credited continued investment in research and clinical studies for sustaining product demand. The shares rose 7.21% to 357.0p on the news.
Reveille Resources raises £2m and lists on Aquis Growth Market
Italy-focused uranium explorer Reveille Resources (LSE:REV) completed its IPO on the Aquis Growth Market, raising £2m to advance two historically significant uranium deposits in northern Italy. The listing was facilitated through Zenith Energy (AQSE:ZEN), whose shares slipped 3.09% to 4.7p. Reveille's entry into the public markets marks a rare uranium-focused debut on the junior exchange, with the Italian deposits offering a European critical-minerals angle that has attracted early investor interest.
Capita singled out over Civil Service Pension Scheme failures
Capita (LSE:CPI) acknowledged service failures on its major government pension contract after the Paymaster General issued a ministerial statement specifically identifying the company's performance as falling short. The public censure triggered a sharp sell-off, with the shares falling 14.07% to 279.271p. The Civil Service Pension Scheme is one of Capita's most prominent public-sector mandates, and the ministerial intervention raises questions about the contract's long-term security.
First Class Metals confirms bonanza-grade gold at Roy prospect
First Class Metals (AIM:FCM) validated a 45 g/t gold result from drill hole SUN26-05 at its Roy prospect via fire assay, with mineralisation now confirmed across 300 metres of strike and open in all directions. The result positions Roy as a potentially high-grade target within the broader project. Despite the headline grade, the shares fell 16.92% to 2.7p, suggesting the market had anticipated a more extensive intercept or wider mineralised envelope.
NeoTerra reports metallurgical breakthrough at Monte Muambe
NeoTerra Group (AIM:TERA) announced that flotation testing at its Monte Muambe project has confirmed a practical single-flowsheet route to recover fluorspar, heavy rare earths, and gallium simultaneously, a result that materially de-risks the project's processing economics. The company also noted that non-Chinese Yttrium oxide prices have reached US$1,000 per kilogram, sharpening the commercial case for the deposit. The shares gained 8.35% to 2.167p.
Petards secures new rail and defence contracts extending to 2027
Petards (AIM:PEG) won new contracts across both its rail and defence divisions, with delivery commitments stretching into 2027. The order wins provide revenue visibility across two distinct end-markets and reinforce the group's position as a supplier to critical national infrastructure. The shares jumped 10.81% to 10.25p on the announcement.
Forgent completes 40-hole drill campaign at Peak Hills
Forgent (AIM:FORG) finished its Phase 1 drill programme at the Peak Hills gold-copper project in Western Australia, completing a 40-hole, 2,680-metre campaign with assay results now submitted to an independent laboratory. The market sold off ahead of results, with the shares declining 13.79% to 0.015p. The assay data, when released, will determine whether the programme has outlined a coherent mineralised system at the project.
Anglesey Mining begins resource estimate review at Parys Mountain
Anglesey Mining (AIM:AYM) has engaged two geologists to conduct a full review of the mineral resource estimate at its Parys Mountain copper-zinc project in North Wales. The review marks a step towards potentially updating a resource that underpins the case for bringing one of the UK's most historically significant base-metal deposits back into production. The shares eased 5.88% to 4.0p.
Kazera Global lifts stake in South African mineral assets to 80%
Kazera Global (AQSE:KZG) is acquiring additional interests in its heavy mineral sands and diamond subsidiaries from a local partner, lifting its beneficial ownership of Deep Blue Minerals to 80%. The transaction consolidates Kazera's control over its South African asset base and reduces minority drag on future cash flows. The shares edged up 1.66% to 1.2199p.
Coiled Therapeutics advances lipid formulation ahead of dose expansion
Coiled Therapeutics (AIM:COIL) expects to dose the first patients with a new softgel lipid-based formulation of its lead oncology drug this month, with enrolment of up to 30 patients targeted by the fourth quarter. The formulation advance represents a meaningful step in the dose-expansion phase of the clinical programme. The shares rose 4.74% to 9.95p.
EnSilica closes oversubscribed placing with retail offer now open
EnSilica (AIM:ENSI) completed an oversubscribed placing and subscription, with a retail offer now running and a general meeting scheduled for 27 July to approve a conditional tranche. The oversubscription signals continued institutional appetite for the chip design specialist despite the shares slipping 1.56% to 91.06p on the day, likely reflecting near-term dilution expectations ahead of the GM.
Young's posts 9.4% revenue rise as sporting events lift trade
Young & Co.'s Brewery (AIM:YNGA) reported a 9.4% rise in revenue, with the World Cup and Wimbledon cited as contributors to a strong trading period across its premium pub estate. Chief executive Simon Dodd attributed performance to the quality and differentiation of the group's pubs and bedrooms. The shares added 2.3% to 869.556p.
Tekcapital portfolio firm lines up 345-store Canadian rollout
Tekcapital (AIM:TEK) portfolio company Innovative Eyewear will distribute its Lucyd Armor smart safety eyewear across 345 FYidoctors and Visique clinics in Canada, marking the brand's first national entry into a market valued at $4.5bn. The rollout represents a significant commercial step for the portfolio asset, though Tekcapital's own shares fell 14.85% to 4.3p, suggesting investors are discounting the near-term revenue impact at the parent level.
Vianet opens financial year ahead of forecasts as cashless penetration hits 73%
Vianet Group (AIM:VNET) delivered first-quarter trading ahead of management expectations, with cashless payment devices now installed across 73% of its estate and both divisions growing recurring revenue and contribution. The IoT data and payments group's early momentum provides a solid base for the full year. The shares climbed 5.91% to 69.9p.
Steppe Cement H1 revenue surges 43% on volume and price gains
Steppe Cement (AIM:STCM) sold nearly 979,000 tonnes of cement in the first half of 2026, with revenue rising 43% in both local currency and dollar terms as volumes and pricing moved higher in tandem. The Kazakhstan-based producer's result reflects robust construction-sector demand in Central Asia. The shares added 1.95% to 20.9p.
