A proxy adviser's endorsement of Nanoco Group (AIM:NANO)'s proposed London delisting led the small-cap tech agenda, while Oxford Instruments (LSE:OXIG) reported a sharp rise in order intake that nonetheless left its shares lower, and Crimson Tide (AIM:TIDE) secured a meaningful commercial win. Vantiva (Euronext Paris:VANTI)'s HomeSight division, meanwhile, moved to broaden its smart-home footprint in the US.
Glass Lewis backs Nanoco's delisting proposal
Proxy adviser Glass Lewis has recommended shareholders vote in favour of Nanoco Group (AIM:NANO)'s plan to cancel its London Stock Exchange listing and re-register as a private company, lending independent weight to the board's argument that the move will cut costs and preserve capital. The vote is scheduled for the company's general meeting on 19 June. Nanoco's shares slipped 4.35% to 2.5825p on the day, reflecting the market's continued uncertainty around the transition.
Vantiva's HomeSight scales US smart-home platform
Vantiva's HomeSight division expanded its TV-centric in-home care platform by adding new content and device partners and launching a nationwide professional installation service in the United States. The moves are designed to accelerate adoption of HomeSight's offering, which positions the living-room television as a hub for connected home management. No stock data was available for Vantiva in Tuesday's session.
Crimson Tide wins mpro5 trials with DW Baking and Costa Coffee rollout
Crimson Tide (AIM:TIDE) announced that its mpro5 workflow platform had successfully completed trials with both Sim Trava and dw baking, with the latter agreement set to underpin a rollout across 80 Costa Coffee stores. The contract wins reinforced the commercial momentum behind mpro5 and sent Crimson Tide's shares up 8.0% to 94.5p, making it one of the session's stronger performers in the small-cap technology space.
Oxford Instruments' Advanced Technologies secures FY27 revenue coverage on 28% order surge
Oxford Instruments (LSE:OXIG) reported that its Advanced Technologies division had secured strong revenue coverage for the financial year ending 2027, underpinned by a 28% rise in order intake. Chief Executive Richard Tyson said the group entered the new period with a strong order book and a robust balance sheet, expressing confidence in delivering "attractive sustainable growth and value for all stakeholders," said Despite the positive operational update, the shares fell 3.95% to 2964.0p, suggesting investors may have been positioned for a more bullish near-term outlook.
