Tuesday's small-cap session was dominated by fundraising and guidance updates, with biopharma group Poolbeg Pharma tapping shareholders for fresh clinical trial funding even as its shares fell sharply, while retailers Boohoo and Rank Group both pointed to improving trading. Miners provided the day's volatility, from Ironveld's 42% surge on production news to Headlam's near-17% slide as its debt position deteriorated and a strategic review intensified.
Poolbeg Pharma raises £3.5m as executive chair backs placing
Poolbeg Pharma (LSE:POLB) secured £3.5m to fund two clinical trials through to completion, with Executive Chair Cathal Friel personally subscribing £250,000 of the raise. Despite the fresh capital and insider backing, shares fell 12.87% to 6.099p as the market digested the dilutive nature of the placing.
CelLBxHealth reaffirms £2.1m revenue target for the year
CelLBxHealth (AIM:CLBX) held its AGM on Tuesday, restating guidance for at least 50% revenue growth this year as the circulating tumour cell specialist targets £2.1m in FY2026 sales. Shares rose 6.51% to 1.4645p on the reiterated outlook.
Rank Group lifts full-year profit outlook
The Rank Group (LSE:RNK) upgraded its profit expectations for the year, with chief executive Richard Harris crediting progress on the group's growth plan despite what he called "significant cost and taxation headwinds." Shares climbed 2.55% to 96.908p on the update.
Itaconix inks first deal for plastic-free dishwasher tablet
ITACONIX (AIM:ITX) signed its first commercial agreement for a plastic-free dishwasher tablet formulation, building on existing momentum in North America. Chief executive John R. Shaw said the company is "already gaining volumes in dish and laundry detergent tablets" in the region, with shares up 3.13% to 111.9p.
Boohoo flags second guidance upgrade in nine months
Boohoo Group (AIM:DEBS) raised its guidance for the second time in nine months, with chief executive Dan Finley pointing to the group's "platform model and diversified product assortment" as enabling it to pivot quickly to shifting consumer demand. Shares gained 2.75% to 24.66p.
Angus Energy promotes Ross Pearson to the board
Angus Energy (AIM:ANGS) named Ross Pearson as chief operating officer and executive director, elevating its Director of Wells and Subsurface with immediate effect. The board move came alongside a sharp 10.8% share price decline to 0.19p.
Ironveld's DMS plant reaches sustained output
Ironveld (AIM:IRON) confirmed its dense media separation plant has achieved sustained production and consistent product quality, with chief executive Kris Andersson calling it a "significant milestone" and flagging additional revenue potential from maghemite. Shares jumped 42.11% to 0.027p on the news.
Sunrise Resources pivots to precious and base metals
SUNRISE RESOURCES (AIM:SRES) announced a strategic shift toward its precious and base metals portfolio, with chief executive Patrick Cheetham describing it as "a decisive shift" designed to "unlock the value and organic growth potential" within those assets. Shares slipped 5.62% to 0.0151p.
Getech reports 15% revenue growth in first half
Getech Group (AIM:GTC) delivered 15% revenue growth in the first half, with chief executive Chris Jepps citing "positive trading momentum and a healthy pipeline" that keeps the group "comfortably in line" with market expectations for the full year. Shares rose 7.13% to 2.089p.
Feedback holds cash ahead of expectations as NHS decision looms
Feedback (AIM:FDBK) reported flat revenue and a narrower loss for the year to 31 May, extending its cash runway into mid-2027 as it awaits a national NHS contract decision. The clinical infrastructure specialist's shares fell 5.19% to 6.4p despite the improved cash position.
Shuka Minerals hits 3% copper at Kabwe
Shuka Minerals (AIM:SKA) intersected 3% copper in its latest drill hole at the Kabwe project, with chief executive Richard Lloyd noting the orebody continues to "thicken and show its copper mineralisation" heading into the central Speaks/Mine Club area. Shares gained 4.23% to 2.71p.
Sunda Energy applies for New Zealand gas permit
SUNDA ENERGY (AIM:SNDA) submitted an application for a New Zealand gas exploration permit, with chief executive Andy Butler noting the move aligns with the "current New Zealand Government's policy direction to support domestic gas supply and energy security." Shares rose 6.98% to 1.15p.
Headlam warns net debt widens as strategic review accelerates
HEADLAM GROUP (AIM:HEAD) disclosed widening net debt and launched a full strategic review with its advisers, examining options including further lender support and a sale and leaseback of its Coleshill headquarters. Shares tumbled 16.71% to 15.7p on the disclosure.
Rockfire adds another zinc panel at Molaoi
Rockfire Resources (AIM:ROCK) reported assay results from Hole HMO-018 at its Molaoi zinc project in Greece, adding another 50-metre panel toward the deposit's planned upgrade to indicated resource status. Shares fell 10.89% to 0.1105p despite the incremental resource progress.
Genedrive appoints Graham Cole as new chairperson
genedrive (AIM:GDR) named Graham Cole as its new chairperson, with chief executive Dr Gino Miele saying his "strategic expertise and guidance will be integral to the Board" as the company accelerates adoption of its pharmacogenetic tests internationally. Shares dipped 3.02% to 1.1395p.
Shearwater's Brookcourt lands $1.2m Japan contract
Shearwater Group (AIM:SWG) saw its cybersecurity subsidiary Brookcourt Solutions win a three-year, $1.2m contract with a major Japanese banking group. Shares climbed 7.14% to 45.0p on the win.
Alien Metals confirms iron mineralisation in Pilbara
Alien Metals (AIM:UFO) confirmed hematite and martite-goethite mineralisation at its Vivash and Brockman projects in Western Australia, both sited next to established Pilbara mines, following independent reconnaissance work. Shares rose 5.26% to 0.1p.
Hercules wins £6.1m of water sector contracts
HERCULES (AIM:HERC) secured £6.1m of new water sector contracts, with chief executive Brusk Korkmaz calling the awards "another positive step in the continued growth" of the Civil Projects division. Shares gained 8.34% to 30.8758p.
Sealand Capital Galaxy guides in line at AGM
SEALAND CAPITAL GALAXY (AIM:SCGL) confirmed full-year performance remains in line with expectations at its London AGM. Shares edged down 3.23% to 0.24p.
Coinsilium invests in Predictive Labs after Nijinn launch
Coinsilium Group exercised investment options in portfolio company Predictive Labs following the launch of its first commercial product, Nijinn, while also approving a new framework to deploy Bitcoin reserves into future deals.
Orosur's second APTA hole extends high-grade gold zone
OROSUR MINING (AIM:OMI) reported that its second drill hole at APTA, MAP107, showed the zone to be "more extensive than was previously thought," according to chief executive Brad George, who added the company remains "fully funded" to continue the programme. Shares rose 4.48% to 17.5p.
Victoria completes €34.4m Belgium sale and leaseback
Victoria (LSE:VCP) completed the sale and leaseback of its Belgian distribution centre for €34.4m, with proceeds earmarked to help fund the relocation of Balta Rugs production to Turkey. Shares were little changed, down 0.29% to 68.3p.
Catenai misses deadline on Klarian loan repayment
Catenai (AIM:CTAI) is in talks to extend a repayment deadline after Klarian failed to repay £699,160 owed under a convertible loan note by the 1 July cut-off. Shares fell 3.23% to 0.15p.
Tharisa PGM output rises 15.5% as conditions normalise
THARISA (LSE:THS) reported a 15.5% rise in PGM output, with chief executive Phoevos Pouroulis saying the quarter "demonstrated normalised operations and in line with budget" as mining performance recovery supported improved feed grades. Shares gained 1.52% to 116.75p.
Polar Capital Global Financials beats benchmark despite rotation
Polar Capital Global Financials Trust (LSE:PCFT) outperformed its benchmark even as chair Simon Cordery noted financials "lagged wider equity markets" amid a rotation toward technology stocks tied to expectations of an eventual resolution to the Gulf standoff. Shares rose 0.82% to 245.0p.
ACG Metals beats oxide gold target as sulphide project nears completion
ACG Metals (AIM:ACG) exceeded its oxide gold production target while construction of the Gediktepe Sulphide Expansion Project progressed "on schedule and within budget," according to chairman and chief executive Artem Volynets. Shares slipped 0.46% to 1891.2p.
Robert Walters says H1 trading in line as decline eases
Robert Walters (LSE:RWA) confirmed first-half trading remained in line with expectations as the pace of decline eased, with chief executive Toby Fowlston saying the group "remains focused on delivering the performance we expect for the year." Shares fell 6.53% to 98.1407p.
DP Poland reports double-digit H1 system sales growth
DP Poland (AIM:DPP) delivered double-digit system sales and order growth across both Poland and Croatia in the first half, chief executive Nils Gornall said, while acknowledging softer second-quarter order performance and pledging continued momentum. Shares dipped 3.21% to 6.7751p.
Capita lands £54m of Army contracts
CAPITA (LSE:CPI) secured £54m of British Army training service contracts, as part of a consortium led by Raytheon UK under a wider £2bn, 15-year deal. Shares traded at 233.5p.
