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49 types
All Market News Today All digested RNS titles 813
LABS logo LABS

Holding(s) in Company

Life Science REIT PLC

TR1 Buy
['Legal & General Group Plc (Group)', '2.960000', '3.990000']
IEM logo IEM

Holding(s) in Company

Impax Environmental Markets PLC

<mark style="background-coloryellow">TR1</mark> Buy
['Bank of Montreal', 'Below 5', '6.870620']
NTVO logo NTVO

Holding(s) in Company

Nativo Resources plc

<mark style="background-coloryellow">TR1</mark> Buy
['YA II PN LTD', '< 3', '5.70']
ICG logo ICG

Holding(s) in Company

Intermediate Capital Group PLC

TR1 Buy
['Wellington Management Group LLP', '4.650000', '4.840000']
OPT logo OPT

Holding(s) in Company

Optima Health plc

TR1 Buy
['Octopus Investments Limited', '16.050000', '15.990000']
IPF logo IPF

Holding(s) in Company

International Personal Finance PLC

TR1 Buy
['JPMorgan Chase & Co.', '0.057686', '0.310184']
IPF logo IPF

Holding(s) in Company

International Personal Finance PLC

TR1 Buy
['HSBC Holdings plc', '8.585000', '7.941000']
SSPG logo SSPG

Director/PDMR Shareholding

SSP Group PLC

<mark style="background-coloryellow">Purchase</mark> of Partnership Shares and allocation of Matching Shares under the UK SIP.
SGE logo SGE

Director/PDMR Shareholding

Sage Group PLC

Sage announces that on 1 February 2026, Aaron Harris and Walid Abu-Hadba, each, a person discharging managerial responsibilities for Sage, and Amy Cosgrove, a PCA to Aaron Harris, acquired rights to <mark style="background-color:yellow">purchase</mark> ordinary shares of 14/77 pence each in Sage ("Ordinary Shares") under the Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an all-employee share plan operated for Sages US employees. The share purchase will occur, subject to and in accordance with the CSPP rules, at the end of a 6-month offering period ("Offering Period"), on 3 August 2026.
LABS logo LABS

Holding(s) in Company

Life Science REIT PLC

TR1 Buy
['Rathbones Investment Management Ltd', '3.030600', '10.615200']
AIE logo AIE

Holding(s) in Company

Ashoka India Equity Investment Trust PLC

TR1 Buy
['Evelyn Partners Limited', '9.954870', '10.010783']
HRI logo HRI

Holding(s) in Company

Herald Investment Trust

TR1 Buy
['Rathbones Investment Management Ltd', '10.974100', '11.946800']
KIE logo KIE

Holding(s) in Company

Kier Group PLC

TR1 Buy
['UBS Group AG-Investment Bank & Global Wealth Management', '5.304018', '0.000000']
IPF logo IPF

Form 8.3

International Personal Finance PLC

IPF logo IPF

Form 8.3

International Personal Finance PLC

MMIT logo MMIT

Holding(s) in Company

Mobius Investment Trust PLC

TR1 Buy
['1607 Capital Partners, LLC', '0.000000', '5.010019']
CCT logo CCT

New Share Buyback Programme

Character Group

**Summary**
The Character Group plc (AIMCCT) announced the launch of a new share buyback programme, the **2026 Share Buyback Programme**, on February 2, 2026. This follows the completion of its previous buyback programme, which repurchased approximately £3.0 million worth of ordinary shares between October 2024 and January 2026. The new programme aims to repurchase up to £3.0 million worth of ordinary shares, funded by existing cash resources, to enhance shareholder returns and reduce share capital. The Board believes the company’s share price undervalues the Group.
The programme will run until January 14, 2027, or until the maximum amount is repurchased, whichever is earlier. It will be executed by Panmure Liberum Limited, adhering to pre-set parameters and regulatory requirements, including the Market Abuse Regulation (EU) No. 596/2014. Repurchased shares will be cancelled. The Company reserves the right to halt the programme under appropriate circumstances. Further regulatory announcements will be made as required.
**Key Details**
**Programme Value** £3.0 million
**Duration:** February 22026to January 142027 (or earlier if fully executed)
**Executor** Panmure Liberum Limited
**Purpose** Enhance shareholder returns and reduce share capital
**Regulatory Compliance** Market Abuse Regulation (EU) No. 596/2014
BuyBack
IPF logo IPF

Form 8.3

International Personal Finance PLC

EDEN logo EDEN

Launch of Retail Offer

Eden Research plc

**Summary**
Eden Research plc, a UK-listed biopesticide company, announced a retail offer of new ordinary shares to raise up to £500,000. This offer is part of a larger fundraising effort to secure £10.7 million for advancing the development, registration, and commercialization of its insecticide formulation and a new fungicide targeting Late Blight in potatoes. The retail offer is open exclusively to existing shareholders in the United Kingdom, with a minimum subscription of £100 per investor. The shares are offered at 4.0 pence each, representing a 2.6% premium over the recent closing price. The offer is conditional on shareholder approval and the completion of a firm capital raising. Proceeds will support product development and scale-up operations. The offer is managed by Cavendish Capital Markets Limited, with a subscription window from February 2 to February 5, 2026, and admission to trading expected on February 19, 2026. Investors are cautioned about the risks associated with the investment, including potential capital loss and lack of liquidity.
Launch
WINE logo WINE

Holding(s) in Company - Replacement

Naked Wines plc

<mark style="background-coloryellow">TR1</mark> Buy
['Monega Kapitalanlagegesellschaft mbH', ' All other details remain unchanged.', ' All other details remain unchanged.']
IHP logo IHP

Director/PDMR Shareholding

IntegraFin Holdings plc

<mark style="background-coloryellow">Purchase</mark> of ordinary shares by way of reinvestment of the December 2025 interim dividend under the Share Incentive Plan ("SIP") dividend reinvestment scheme.
CABP logo CABP

RESPONSE TO POSSIBLE OFFER ANNOUNCEMENT

CAB Payments Holdings Ltd

**Summary**
CAB Payments Holdings PLC has issued a response to a possible takeover offer from the Helios Consortium, comprising Helios Fund V, Helios Fund III, and Helios Fairfax Partners Corporation (HFP). The Independent Board of CAB Payments, excluding directors Henry Obi and Nitin Kaul, received two non-binding proposals from Helios: an initial proposal on January 17, 2026, and a second proposal on January 29, 2026. Both proposals offered to acquire the entire issued and to-be-issued share capital of CAB Payments at USD 1.05 (GBP 0.77) and USD 1.15 (GBP 0.84) per share, respectively, in cash and an unlisted share alternative.
The Independent Board, after careful evaluation, unanimously rejected both proposals, deeming them "highly opportunistic" and undervaluing the companys future prospects. They highlighted several factors that the proposals failed to reflect, including
1. Strong Total Income performance in FY25.
2. Successful execution of a strategy to deepen market presence and strengthen regulatory relationships.
3. Expansion of geographic footprint with new offices in New York and Abu Dhabi.
4. Strengthening of the operating platform and regulatory infrastructure through a global clearing partnership.
The Board remains confident in the companys strategy and long-term value creation potential. Shareholders are advised to take no action at this time. Helios Consortium must announce a firm intention to make an offer or withdraw by March 2, 2026, in accordance with the City Code on Takeovers and Mergers. CAB Payments will release its full-year 2025 results on March 5, 2026, providing further updates on its strategic progress.
Offers
IGET logo IGET

Portfolio Update

Invesco Perpetual Select Trust plc - Global Equity Income Share Portfolio

IPF logo IPF

Form 8.3

International Personal Finance PLC

IHC logo IHC

Holding(s) in Company

Inspiration Healthcare Group PLC

TR1 Buy
['REDWORTH PORTFOLIO LTD', '21.490000', '20.023000']
IPF logo IPF

Holding(s) in Company

International Personal Finance PLC

TR1 Buy
['Societe Generale', '4.497336', '5.017304']
MGAM logo MGAM

Holding(s) in Company

Morgan Advanced Materials plc

TR1 Buy
['Black Creek Investment Management Inc.', '5.980945', '6.030880']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 4.74']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 9.13']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 0']
3IN logo 3IN

3i Infrastructure plc - Q3 update - replacement

3I Infrastructure PLC

**Summary**
3i Infrastructure PLC released an amended Q3 performance update for the period from October 1, 2025, to January 30, 2026, highlighting key developments in its diversified infrastructure portfolio. The company reported strong overall performance, with notable achievements across several investments
**ESVAGT** expanded its fleet with the delivery of the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two additional SOVs, supported by a €23 million investment from 3iN.
**Joulz** signed agreements to acquire two businesses, expected to increase EBITDA by 70% and expand its geographic and service capabilities, with 3iN contributing up to €107 million in equity.
**TCR** continued to perform well, securing new contracts and increasing its revolving credit facility by €100 million.
However, **DNSNET** faced significant challenges due to a worsening financing environment for German fibre roll-out businesses. The company expects to write down the value of its equity in DNS:NET to zero by March 2026, given the lack of available debt financing. This investment, previously valued at £212 million (5.6% of net asset value), is now considered a disappointing outlier.
Other portfolio companies, such as **SRL**, continued to face challenges, while the rest performed in line with or <mark style="background-color:yellow">above</mark> expectations. 3iN remains on track to meet its FY26 dividend target of 13.45 pence per share, covered by net income. The company’s balance sheet shows a net debt position of £500 million, with plans to repay the Revolving Credit Facility using proceeds from future realizations.
The Investment Manager hosted a Capital Markets Event in January 2026, providing updates on key portfolio companies, and remains focused on disciplined investment opportunities.
**Key Financial Highlights**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target13.45 pence per share (up 6.3% from FY25).
Net debt position as of January 302026: £500 million.
The update emphasizes 3iN’s commitment to responsible infrastructure investment, delivering sustainable returns, and positively influencing its portfolio companies.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions as mentioned in the text.
MetricFY25FY26 (as of Q3 Update)
Dividend Target (pence per share)12.6513.45 (up 6.3% from FY25)
Total Income and Non-Income Cash (3 months to 31 Dec)Not specified£53 million
Drawings on RCF (£ million)Not specified£504 million
Cash Balance (£ million)Not specified£4 million
Net Debt Position (£ million)Not specified£500 million
DNS:NET Valuation (£ million)£212 million (as of 30 Sep 2025)Expected to be written down to zero by March 2026
Joulz Bolt-on Commitment (£ million)Not applicableUp to €107 million (approximately £91 million)
### Notes: 1. **Dividend Target**: FY26 target is 6.3% higher than FY25. 2. **Income and Non-Income Cash**: Only FY26 data is available for the 3 months to 31 December 2025. 3. **Debt and Cash**: FY26 figures are as of 30 January 2026. 4. **DNS:NET Valuation**: FY25 valuation is provided, with an expected write-down to zero by March 2026. 5. **Joulz Bolt-on Commitment**: New commitment in FY26, not applicable in FY25. This table provides a structured comparison based on the available data in the text.
NXQ logo NXQ

Launchpad, Nexteq’s turnkey software platform

Nexteq PLC

**Summary**
Nexteq PLC (AIMNXQ) announced the launch of **Launchpad**, a turnkey gaming software platform under its Quixant brand, unveiled at ICE Barcelona 2026. Designed for the land-based gaming market, Launchpad simplifies and accelerates the development and deployment of casino games like slot machines, ensuring compliance with global regulatory standards. Powered by Quixant’s established software suite, it offers seamless integration with Quixant hardware, pre-<mark style="background-color:yellow">test</mark>ed certification by GLI (Gaming Laboratories International), and supports both existing hardware customers and online game providers entering the land-based sector. Launchpad enhances Nexteq’s software offerings, strengthens customer relationships, and aligns with the company’s growth strategy. CEO Duncan Faithfull highlighted its positive reception at ICE Barcelona, with early adopters already in discussions, reinforcing Nexteq’s focus on innovation and revenue diversification.
Launch
BIRD logo BIRD

elevate.io launches new structured pricing tiers

Blackbird PLC

**Summary**
Blackbird plc (AIMBIRD) announced on February 2, 2026, the launch of a new structured pricing model for its browser-based collaborative video editing platform, **elevate.io**. The pricing structure includes a free plan and three paid tiers: **Creator ($10/month)**, **Pro ($30/month)**, and **Business ($100/month)**, designed to align with customer needs and usage requirements. The model was developed based on feedback from initial ideal customer profiles (ICPs) to address distinct use cases and simplify purchasing decisions. Annual billing options were also introduced to provide budget certainty for business customers and strengthen revenue visibility for the company.
The tiered pricing encourages customers to upgrade as their needs evolve, supporting longer-term relationships and enterprise-style deployments. Ian McDonough, Blackbird Executive Chair, emphasized that the pricing strategy targets teams and businesses, aligning with elevate.ios focus on saving time through multiplayer editing and instant review capabilities. This move is part of Blackbird plcs scale-up phase, positioning the platform for growth in the SaaS, media, and content creation markets.
**Key Points**
New tiered pricing for elevate.ioFree, Creator, Pro, and Business plans.
Annual billing options introduced for business customers.
Pricing strategy aligns with customer needs and supports long-term growth.
Aimed at professional teams and the Creator Economy.
Launch
UFO logo UFO

Transaction secured for JV partner at Munni Munni

Alien Metals Ltd

**Summary**
Alien Metals Limited (AIMUFO) has successfully completed a joint venture (JV) transaction with GreenTech Metals Limited (ASX: GRE) for the Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia. GreenTech acquired a 70% interest in the project, while Alien retained a 30% stake, which is free-carried through the completion of a bankable feasibility study (BFS). The transaction includes a cash payment of A$0.5 million and the issuance of 47 million GreenTech shares to Alien, valued at approximately A$6.11 million. Alien also holds an indirect 17.4% equity stake in GreenTech. The deal strengthens Aliens balance sheet, reduces funding requirements, and preserves upside potential. Additionally, Alien maintains a 30% interest in the historic silver rights at Munni Munni through a separate JV with Crest Silver Pty Ltd, a subsidiary of West Coast Silver Ltd. The transaction aligns with Aliens partner-led strategy, allowing it to focus on its broader asset portfolio, including the Hancock Iron Ore Project and other exploration interests in the Pilbara region.
JV
FEVR logo FEVR

Commencement of share buyback programme

Fevertree Drinks Plc

**Summary**
Fevertree Drinks PLC announced the commencement of a share buyback programme on February 2, 2026, with a maximum consideration of £30 million. The programme, which aims to reduce the companys share capital, will run until December 31, 2026, at the la<mark style="background-color:yellow">test</mark>. Fevertree has engaged Investec Bank plc to independently purchase ordinary shares on its behalf, with the intention of canceling any shares acquired. The buyback will be executed within pre-set parameters, adhering to shareholder authority, Market Abuse Regulation, and UKLR guidelines. The company may repurchase up to 25% of the average daily trading volume over the preceding 20 trading days. This initiative follows Fevertrees previous buyback programme in 2025 and is part of its ongoing financial strategy. Fevertree, a leading global supplier of premium carbonated mixers, continues to operate in over 95 countries, serving both on-trade and off-trade markets.
BuyBack
VTY logo VTY

Share buyback - management of the programme

Vistry Group PLC

**Summary**
Vistry Group PLC announced on February 2, 2026, an update on its £130 million share buyback programme, initially launched in September 2024. The company has extended its agreement with Peel Hunt LLP to manage the next tranche of the programme, authorizing the purchase of ordinary shares up to an additional £15 million (excluding fees), with all purchased shares to be cancelled. Vistry Group has also issued an irrevocable instruction to Peel Hunt to manage the programme during the closed period leading up to the publication of its 2025 Full Year Results on March 4, 2026. This move aligns with the companys capital allocation policy. For further details, reference is made to the original September 2024 announcement. Contact information for Vistry Group and its advisors is provided.
BuyBack
BVC logo BVC

Holding(s) in Company

Batm Advanced Communications Ltd

TR1 Buy
['Premier Miton Group plc', '7.914761', 0]
BIG logo BIG

Holding(s) in Company

Big Technologies PLC

TR1 Buy
['Liontrust Investment Partners LLP', '9.856000', '10.018000']
HFG logo HFG

Director/PDMR Shareholding

Hilton Food Group Plc

Hilton Food Group plc (the "Company") announces that on 30 January 2026 it was notified of the <mark style="background-color:yellow">purchase</mark> of ordinary shares of 10 pence each in the Company on 30 January 2026 by Mark Allen, Executive Chair, as set out below
3IN logo 3IN

3i Infrastructure plc - Performance update

3I Infrastructure PLC

**3i Infrastructure PLC Q3 Performance Update (October 2025 - January 2026)**
**Key Highlights**
1. **Portfolio Performance**
**ESVAGT** Delivered the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two operational SOVs, expanding its fleet to 12 vessels with 3 more under construction.
**Joulz** Signed agreements to acquire two businesses, expected to complete in Q1 2026, increasing EBITDA by ~70% and expanding into new geographies and segments. 3iN to invest up to €107 million.
**TCR** Continued strong performance with new contract wins and a €100 million increase in its revolving credit facility. Strategic review on track.
**DNSNET:** Operationally on track but faces significant challenges due to a worsening financing environment for German fibre roll-out businesses. Equity value likely to be written down to zero by March 2026.
**SRL** Ongoing challenges with cautious recovery expectations.
**Other Portfolio Companies** Performing in line with or <mark style="background-color:yellow">above</mark> September 2025 expectations.
2. **Financials**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target of 13.45 pence per share (up 6.3% from FY25) remains on track, covered by net income.
Balance sheet£504 million drawn on £900 million RCF, £4 million cash balance, net debt of £500 million after funding Joulz acquisitions.
3. **Strategic Updates**
Investment Manager progressing near-term investment opportunities with disciplined pricing and timing.
Capital Markets Event held in January 2026 featured updates from Tampnet, Infinis, and ESVAGT.
4. **Outlook**
DNSNET’s challenges are a "disappointing outlier," but the overall portfolio remains diversified and resilient.
Focus on repaying the RCF with proceeds from future realisations.
**Conclusion**
3i Infrastructure PLC’s diversified portfolio delivered strong performance in Q3, with notable growth in ESVAGT and Joulz, despite challenges at DNS:NET and SRL. The company remains on track to meet its FY26 dividend target and continues to pursue disciplined investment opportunities.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions between the periods mentioned (FY25 and FY26).
MetricFY25FY26 (as of 30 Jan 2026)
Dividend per Share12.65 pence13.45 pence (target, up 6.3%)
Total Income and Non-Income Cash (3 months to Dec)Not specified£53 million
Net Debt PositionNot specified£500 million
RCF DrawingsNot specified£504 million (out of £900 million RCF)
Cash BalanceNot specified£4 million
DNS:NET Valuation£212 million (5.6% of NAV)Expected write-down to £0 by March 2026
Joulz Equity CommitmentNot applicableUp to €107 million
TCR Revolving Credit Facility IncreaseNot applicable€100 million (closed in Dec 2025)
### Notes: 1. **FY25 vs FY26**: The table compares available data from FY25 (e.g., DNS:NET valuation) with FY26 updates (e.g., dividend target, net debt). 2. **Missing Data**: Some FY25 figures (e.g., net debt, RCF drawings) are not provided in the text, so they are marked as "Not specified." 3. **Key Changes**: Highlights include a 6.3% dividend increase, a significant write-down of DNS:NET, and increased debt due to RCF drawings and Joulz commitments. This table can be embedded in an HTML document for clear year-on-year comparison.
VARE logo VARE

Full Year Results

Various Eateries PLC

**Summary of Various Eateries PLC Full Year Results for FY25 (52 weeks ended 28 September 2025):**
**Financial Highlights**
**Revenue Growth** Increased by 6% to £52.4 million (FY24: £49.5 million).
**Like-for-Like (LFL) Sales Growth** 2% overall, with Coppa Club leading at +3%. H2 LFL growth accelerated to 4%.
**Adjusted EBITDA** Record £1.4 million (FY24: £0.3 million), driven by strong trading and operational improvements.
**Gross Profit** Surged 64% to £5.7 million (FY24: £3.5 million).
**Cash Position** Cash at bank rose to £8.0 million (FY24: £5.8 million), with net cash at £4.6 million (FY24: £2.7 million).
**Operational Highlights**
**Operational Execution** Improvements in service delivery, menu focus, labour deployment, and cost discipline.
**Site Performance** Enhanced conversion rates supported by stronger venue leadership and consistent execution.
**Leadership Strengthening** Appointment of Mark Loughborough as CEO in January 2025.
**Estate Investment** Successful refurbishments and targeted enhancements to customer propositions.
**Post-Period Highlights**
**Strong Start to FY26** Group LFL sales up 9% in the festive period, led by Coppa Club (+12%).
**Brand Consolidation** Focus on Coppa Club and Noci brands, with active exploration of new Coppa Club sites.
**M&A Opportunities** Proactively evaluating high-quality, complementary acquisitions.
**Leadership Expansion** Appointment of new Managing Director and Culinary Director.
**CEO’s Statement (Mark Loughborough)**
FY25 marked a clear step forward with improved execution, stronger operational foundations, and record profitability.
Focus on scaling brands, selective estate investment, and exploring M&A opportunities for sustainable growth.
**Chairman’s Statement**
FY25 was an inflection year with a return to LFL growth, improved profitability, and strengthened operational foundations.
Momentum carried into FY26, supported by a robust leadership team and a disciplined approach to growth.
**Financial Review**
**Revenue:** £52.4 millionup 6% YoY.
**Adjusted EBITDA** £5.5 million (IFRS 16), up 27% YoY.
**Loss Before Tax** Reduced to £2.7 million (FY24: £3.4 million).
**Net Cash Flow from Operations** £7.76 million (FY24: £2.31 million).
**Net Debt** £24.5 million (FY24: £28.7 million).
**Future Outlook**
Confident in delivering strong performance in FY26, with a focus on organic growth and strategic M&A.
Continued investment in Coppa Club and Noci brands, alongside operational excellence and cost discipline.
**Conclusion**
Various Eateries PLC demonstrated resilience and growth in FY25, achieving record financial and operational milestones. With a strengthened leadership team and a clear strategic focus, the company is well-positioned for sustainable expansion in FY26 and beyond.
Here is the HTML table code comparing the financials and debt year on year for Various Eateries PLC:
MetricFY25 (£'000)FY24 (£'000)Change (%)
Revenue52,37649,4866%
Adjusted EBITDA (before IFRS 16)1,355300352%
Adjusted EBITDA (IFRS 16)5,5384,35527%
Operating Loss(785)(928)(15%)
Total Loss for the Year After Tax(2,733)(3,357)(19%)
Net Cash / (Debt) Excluding IFRS 16 Lease Liability4,5872,69070%
Cash at Bank8,0005,80038%
Net Cash4,6002,70070%
Borrowings (Current)3,3903,1398%
Borrowings (Non-Current)24,93427,424(9%)
**Notes:** * The table compares key financial metrics and debt figures for Various Eateries PLC between FY25 and FY24. * Figures are in thousands of pounds (£'000). * The change percentage is calculated as ((FY25 - FY24) / FY24) * 100. * The table includes metrics such as revenue, adjusted EBITDA, operating loss, net cash, and borrowings. This table provides a clear and concise comparison of the company's financial performance and debt position year on year.
XPF logo XPF

Trading Update

XP Factory PLC

**Summary**
XP Factory Plc, a leading UK experiential leisure company operating the Escape Hunt and Boom Battle Bar brands, released a trading update for the 2025/26 festive period. Key highlights include
1. **Record Quarterly Sales**UK Owned and Operated (O&O) revenue grew by 4.2% in the 13 weeks to December 28, 2025, with Escape Hunt O&O sales up 10.0% driven by new site openings and 6.4% like-for-like (LFL) growth.
2. **Financial Performance**Year-to-date Group unaudited pre-IFRS 16 adjusted EBITDA reached £4.8m, slightly <mark style="background-color:yellow">above</mark> the prior year. Escape Hunt maintained strong site-level EBITDA margins of circa 43%, while Boom’s margins were circa 18%.
3. **Boom Challenges**Boom O&O sales grew 2.5%, but LFL sales declined by 7.2% due to weak consumer demand, despite strong corporate bookings. Labour cost increases and sector softness impacted margins.
4. **Cost Control**The company achieved £2m in annualised cost savings to mitigate rising costs and LFL declines.
5. **Net Debt**: As of December 282025net debt stood at £5.6m.
6. **Outlook**FY26 EBITDA is expected to be below market estimates, with pre-IFRS 16 adjusted EBITDA projected at £5.0m to £6.0m. FY27 will focus on consolidation, with a slower pace of new site openings due to macroeconomic uncertainty.
7. **Long-Term Confidence**Despite near-term challenges, XP Factory remains confident in its long-term growth potential, positioning itself as a leader in the consolidating experiential leisure and competitive socialising sectors.
The company highlighted Escape Hunt’s resilience and Boom’s potential to thrive once market conditions improve, emphasizing its scale advantage in a consolidating industry.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric2024/252025/26Change
UK O&O Revenue Growth (13 weeks to 28 Dec)N/A+4.2%N/A
Year-to-Date Group Adjusted EBITDA (39 weeks to 28 Dec)£4.7m£4.8m+£0.1m
Escape Hunt UK O&O Sales Growth (13 weeks to 28 Dec)N/A+10.0%N/A
Escape Hunt UK LFL Sales Growth (13 weeks to 28 Dec)N/A+6.4%N/A
Boom UK O&O Sales Growth (13 weeks to 28 Dec)N/A+2.5%N/A
Boom UK LFL Sales Decline (13 weeks to 28 Dec)N/A-7.2%N/A
Net Debt Position (as at 28 Dec)N/A£5.6mN/A
FY Pre-IFRS16 Adjusted EBITDA GuidanceN/A£5.0m - £6.0mBelow market estimates
Labour Cost Inflation Impact (Annualised)N/A£1.5mN/A
Cost Savings Achieved (Annualised)N/A£2.0mN/A
### Notes: - **N/A**: Indicates data not available for comparison. - **Change**: Where applicable, the change is highlighted; otherwise, it is marked as N/A. - **FY Pre-IFRS16 Adjusted EBITDA Guidance**: The 2025/26 guidance is below market estimates, reflecting challenging market conditions. - **Labour Cost Inflation Impact** and **Cost Savings Achieved**: These are new metrics for 2025/26, reflecting increased focus on cost control. This table provides a clear comparison of key financials and debt metrics between the two years based on the provided text.
SSON logo SSON

INTERIM RESULTS ANNOUNCEMENT

Smithson Investment Trust PLC

**Summary of Smithson Investment Trust PLC Interim Results Announcement (February 2026):**
**Overview**
Smithson Investment Trust PLC released its interim results for the twelve months ended December 31, 2025, highlighting financial performance, strategic changes, and future plans. The report emphasizes the proposed restructuring into an open-ended investment company (OEIC) to address persistent share price discounts and enhance shareholder value.
**Financial Performance**
**Net Asset Value (NAV)** Decreased to £1,720,475,000 from £2,129,897,000 in 2024.
**NAV per Share:** Fell to 1601.5p from 1631.8p.
**Share Price** Increased to 1,566.0p from 1,484.0p, with a discount to NAV narrowing to 2.2% from 9.1%.
**Total Return** NAV total return was -1.8%, while share price total return was +5.6%, underperforming the MSCI World SMID Cap Index (+10.2%).
**Ongoing Charges Ratio** Remained stable at 0.9%.
**Strategic Changes**
**Proposed Restructuring** The Board recommends converting the company into an OEIC, allowing shareholders to participate in the same investment strategy or exit at close to NAV. This aims to eliminate the persistent share price discount.
**Share Buybacks** Repurchased 23.1 million shares in 2025, totaling 69.7 million shares (nearly 40% of pre-buyback shares) since April 2022. Buybacks ceased after the restructuring announcement.
**Dividend** Announced an interim dividend of 2.1 pence per share for the 18-month period to June 30, 2026, to maintain investment trust tax status.
**Investment Performance**
**Portfolio Performance** NAV per share total return was -1.8%, compared to +10.2% for the MSCI World SMID Index. Annualized NAV performance since inception (2018) is +6.8% pa, versus +8.6% pa for the index.
**Portfolio Changes** Increased exposure to Information Technology and Healthcare sectors, while reducing Industrials. Notable acquisitions include Vertiv Holdings, Adma Biologics, and Nutanix. Sales included Verisk Analytics, Exponent, and Choice Hotels.
**AI Exposure** Approximately 5% of the portfolio is exposed to AI-related companies, with Vertiv Holdings being a significant contributor.
**Shareholder Engagement**
**General Meetings** Shareholders approved resolutions to increase distributable reserves and authorize share repurchases. Two general meetings are scheduled for February 2026 to approve the OEIC conversion.
**Board Changes** Mike Balfour took over as Chair, and Sarika Patel joined as a non-executive director and Chair of the Audit Committee.
**Outlook**
**Restructuring Benefits** The OEIC structure will allow daily buying and selling at NAV, eliminating discounts. Shareholders can choose to roll over into the new Smithson Equity Fund or receive cash at NAV.
**Investment Strategy** The existing strategy will be replicated in the OEIC, managed by Fundsmith, focusing on high-quality, growing companies.
**Market Conditions** The portfolio is positioned to benefit from changing market dynamics, with a focus on quality and valuation discipline.
**Conclusion**
Smithson Investment Trust PLC’s interim results reflect a challenging year for performance but highlight significant strategic initiatives to enhance shareholder value. The proposed restructuring into an OEIC aims to address long-standing issues with share price discounts, offering shareholders greater flexibility and alignment with the investment strategy. The Board remains focused on long-term growth and shareholder interests.
Here is the HTML table code comparing the financials and debt year on year for Smithson Investment Trust PLC:
Metric20242025Change
Net Assets (£'000)2,129,8971,720,475-19.2%
Net Asset Value (NAV) per share (p)1,631.81,601.5-1.9%
Share Price (p)1,484.01,566.0+5.5%
Share Price Discount to NAV (%)9.1%2.2%-7.9%
NAV Total Return per share (%)2.1%-1.8%-3.9%
Share Price Total Return (%)4.9%5.6%+0.7%
Ongoing Charges Ratio (%)0.9%0.9%0%
Total Loss After Tax (£'000)(8,112)(62,839)-675.9%
Capital Loss (£'000)(12,483)(67,474)-440.5%
Revenue Profit (£'000)4,3714,635+6.0%
**Notes:** * The table compares key financials and debt metrics for Smithson Investment Trust PLC between 2024 and 2025. * The data is extracted from the provided text, which includes the company's interim results announcement. * The "Change" column calculates the percentage change between 2024 and 2025 for each metric. * The table does not include all metrics mentioned in the text, but focuses on the most relevant financials and debt-related figures. This table provides a clear and concise comparison of the company's financial performance and debt position between the two years.
TOO logo TOO

Juvela update: OAF new listing with major retailer

Tooru Plc

**Summary**
Tooru PLC, an AIM-listed company specializing in the branded health and wellness sector, announced significant progress for its retail-focused free-from brand, OAF. Initially launched by its subsidiary Juvela with listings in TESCO, OAF has seen strong sales growth and expanded product offerings in TESCO stores, including three new products set to launch after Easter. Additionally, ASDA, another major UK retailer, will begin listing select OAF products in its stores starting April 2026. This expansion highlights OAF’s growing appeal in the fast-growing free-from market, driven by increasing consumer demand for healthier, ingredient-conscious food options. CEO Scott Livingston expressed optimism about continued distribution growth across Tooru’s portfolio, anticipating further sales growth in the coming year. The announcement underscores Tooru’s strategic focus on capitalizing on the health and wellness trend.
The provided text does not contain any financial or debt-related data for comparison. It is a press release announcing the listing of Tooru PLC's OAF brand in ASDA stores, along with some operational updates. Since there is no financial or debt information available, I cannot generate an HTML table comparing financials and debt year on year. However, if you provide the necessary financial data, I'd be happy to help create the HTML table. Here's an example of what the table structure might look like:
YearRevenue (£)Net Income (£)Total Debt (£)Debt-to-Equity Ratio
2025............
2026............
Please provide the relevant financial data, and I'll be happy to assist you in creating the HTML table.
EMVC logo EMVC

Trading and Portfolio Update

EMV Capital plc

**Summary**
EMV Capital PLC, a deep tech, life sciences, and sustainability venture capital investment group, released a trading and portfolio update for the year ended 31 December 2025. The company reported strong operational and portfolio performance, with total Assets Under Management (AUM) exceeding £100 million. Key highlights include
1. **Operational Growth**Scaling of the core venture capital platform, increased AUM, and strengthened revenue streams.
2. **Portfolio Support**Syndicated fundraisings totaling £12.0 million across 14 portfolio companies, and advancement of the Venture Building program, generating £10.4 million in fair value creation.
3. **Strategic Acquisitions**Acquisition of XF-73 intellectual property and clinical assets from Destiny Pharma Limited, forming AMR Bio Limited.
4. **Financial Performance**Group revenue grew by 16% to £2.8 million, driven by higher corporate finance fees and increased fundraising activity. EMV Capital core revenue increased to £3.2 million, covering a significant portion of operating costs.
5. **Portfolio Highlights**Notable progress in portfolio companies like Wanda Health, EpiBone, AMR Bio, Deeptech Recycling Technologies, Sofant Technologies, Q-Bot, and Martlet Capital, with successful fundraisings, strategic milestones, and value creation.
Despite challenging market conditions, EMV Capital remains focused on disciplined capital deployment, proactive portfolio management, and scaling its platforms. The company is well-positioned to navigate market uncertainty and benefit from a recovery in capital markets.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric20242025Change
Total AUM (£ million)98.5>100+1.5% (minimum)
Group Revenue (£ million)2.5~2.8+12%
EMV Capital Core Revenue (£ million)2.4~3.2+33.3%
Group Cash Balance (£ million)1.00.5-50%
Quoted Securities (£ million)1.4~0.3-78.6%
Syndicated Fundraisings (£ million)10.612.0+13.2%
Portfolio Companies Supported1214+16.7%
### Notes: 1. **AUM**: The 2025 figure is stated as "in excess of £100 million," so the change is calculated based on the minimum increase. 2. **Revenue and Cash Figures**: Approximate values are denoted with "~" as per the text. 3. **Syndicated Fundraisings and Portfolio Companies**: Direct year-on-year comparisons are provided based on the given data. 4. **Quoted Securities**: The decrease reflects the reduction in readily realisable quoted securities held by the Group. This table provides a clear comparison of key financial and operational metrics between 2024 and 2025.
BSFA logo BSFA

Annual Financial Report

BSF Enterprise Plc

**Summary of BSF Enterprise PLCs Annual Financial Report (2025):**
BSF Enterprise PLC, a leader in tissue-engineered materials, released its Annual Report for the year ended September 30, 2025, highlighting significant progress across its subsidiaries and strategic initiatives.
**Key Highlights**
1. **Commercial and Technical Progress**
Subsidiaries 3D Bio-Tissues (3DBT), Lab-Grown Leather (LGL), and Kerato achieved notable advancements.
Launched CytoBoost™ bioactive media additive and expanded City-Mix™ for cost-effective cultivated meat production.
Developed the worlds first 2mm-thick scaffold-free leather, collaborating with luxury fashion brands.
Secured a licensing agreement with the University of Montreal for liquid cornea technology, with veterinary trials planned for 2026 and human trials in 2027.
2. **Financial Performance**
Reduced net loss to £1,013,527 (from £1,672,291 in 2024) due to cost control and increased grant income.
Strategic fundraising initiatives, including shareholder approval for up to £15 million via warrants, to support commercialization, spin-outs, and expansion in Greater China.
3. **Strategic Achievements**
Expanded into Greater China, laying the foundation for local cultivated meat production.
Strengthened sustainability and ESG commitments, aligning with the Task Force on Climate-Related Financial Disclosures (TCFD).
4. **Future Plans (2026)**
Commercialize CytoBoost™ and City-mixⓇ.
Scale up lab-grown leather production and produce T-Rex leather for sale.
Complete veterinary clinical trials for corneal implants, advancing toward human trials in 2027.
Expand cultivated meat production in Greater China.
Explore acquisitions of compatible businesses.
**Financial Summary**
Revenue: £52840 (2024: £57821)
Loss before taxation: £1216970 (2024: £1797506)
Loss for the year: £1113527 (2024: £1672291)
Cash and cash equivalents: £149020 (2024: £637656)
**Corporate Governance and Sustainability:**
Committed to ethical valuesshareholder engagementand sustainability.
Adopted anti-bribery and anti-corruption policies.
Focused on diversity and environmental responsibility, aligning with TCFD recommendations.
**Conclusion**
BSF Enterprise PLC demonstrated significant progress in 2025, with strategic advancements, reduced losses, and a clear roadmap for 2026. The company is well-positioned for long-term growth in sustainable, tissue-engineered materials, supported by strong governance and sustainability commitments.
Here is the HTML table code comparing the financials and debt year on year for BSF Enterprise PLC: tr>
Financial Metric2024 (£)2025 (£)Change (£)Change (%)
Revenue57,82152,840(4,981)(8.61%)
Gross Loss(26,644)(18,159)8,48531.85%
Operating Loss(1,791,360)(1,215,089)576,27132.17%
Loss Before Taxation(1,797,506)(1,216,970)580,53632.29%
Loss for the Year(1,672,291)(1,113,527)558,76433.41%
Cash and Cash Equivalents637,656149,020(488,636)(76.66%)
Total Assets3,495,4573,006,895(488,562)(13.98%)
Total Liabilities305,075289,016(16,059)(5.26%)
Total Equity3,190,3822,717,879(472,503)(14.81%)
0.00%
Debt Metric2024 (£)2025 (£)Change (£)Change (%)
Lease Liabilities (Current)78,0500(78,050)(100.00%)
Lease Liabilities (Non-Current)0000.00%
Total Lease Liabilities78,0500(78,050)
**Notes:** * The financial metrics are extracted from the Consolidated Statement of Comprehensive Income and Consolidated Statement of Financial Position. * The debt metrics are extracted from the Consolidated Statement of Financial Position, specifically the lease liabilities. * The change and percentage change are calculated based on the difference between the 2025 and 2024 values. * The tables show that BSF Enterprise PLC's revenue decreased by 8.61%, while its losses decreased significantly (32-33%). * The company's cash and cash equivalents decreased by 76.66%, and its total assets decreased by 13.98%. * The total lease liabilities decreased to £0 in 2025, indicating that the company has paid off its lease obligations.
BBSN logo BBSN

Major Contract Win

Brave Bison Group PLC

**Summary**
Brave Bison Group PLC, a global marketing and technology partner, announced a major contract win for its subsidiary MiniMBA, the UKs leading marketing skills and training platform. MiniMBA has secured a €1.3 million contract with one of the worlds largest food and beverage conglomerates to train thousands of employees across the Asia-Pacific (APAC) region in 2026 using its MiniMBA in Brand Management program. This contract, the largest in MiniMBAs history, comes just six months after its acquisition by Brave Bison and will be recognized in the current financial year.
The deal highlights the growing demand for advanced marketing training among global organizations and reinforces MiniMBAs position as a leader in marketing education. Brave Bison operates across eight countries, offering digital services, digital media, and marketing skills training through its Digital Services and Digital Content divisions. Notable clients include New Balance, Google, Formula 1, and American Express. The announcement was made via the London Stock Exchanges Regulatory News Service (RNS), emphasizing its significance as inside information now in the public domain.
NewContract
DSCV logo DSCV

Q3 Trading Update

Discoverie Group PLC

**Summary**
discoverIE Group plc, a leading designer and manufacturer of customised electronics for industrial applications, released its Q3 trading update for the period ending December 31, 2025. Key highlights include
1. **Sales Growth**Group sales increased by 5% at constant exchange rates (CER) and 1% organically.
2. **Order Growth**Orders rose by 9% at CER and 4% organically, with a book-to-bill ratio of 1.03x.
3. **Operational Performance**The Controls unit showed improved sales and order trends compared to the first half of the year.
4. **Financial Health**Gross margins remained strong, working capital was tightly managed, and cash generation continued robustly.
5. **Acquisitions**The acquisition of Keymat Technology Ltd was completed, and approval for the acquisition of Trival Antene d.o.o is in progress, with a healthy pipeline of further opportunities.
6. **Outlook**The Group is on track to meet full-year adjusted earnings expectations and remains well-positioned for through-cycle growth, both organically and inorganically.
The update emphasizes discoverIE’s focus on structural growth markets, sustainability, and long-term customer relationships, supported by its strong ESG ratings and global presence.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not explicitly provide detailed financial or debt figures for comparison, the table is structured to reflect the key metrics mentioned in the trading update, with placeholders for actual data where specific figures are not provided.
discoverIE Group plc - Q3 Trading Update (Year-on-Year Comparison)
MetricQ3 2025Q3 2024
Group Sales Growth (CER)+5%N/A
Group Sales Growth (Organic)+1%N/A
Group Orders Growth (CER)+9%N/A
Group Orders Growth (Organic)+4%N/A
Book-to-Bill Ratio1.03xN/A
Gross MarginsRobustRobust
Working Capital ManagementTightly ManagedTightly Managed
Cash GenerationStrongStrong
Debt (if available)N/AN/A
### Notes: 1. **CER**: Constant Exchange Rate. 2. **Organic Growth**: Excludes the first 12 months of acquisitions post-completion. 3. **Book-to-Bill Ratio**: Orders received divided by revenue billed. 4. **Gross Margins, Working Capital, Cash Generation**: Described qualitatively as "Robust" and "Strong" without specific figures. 5. **Debt**: Not explicitly mentioned in the text, hence marked as "N/A". This table can be expanded or updated with actual figures if more detailed financial data becomes available.
NEWS logo NEWS

Trading Update

Pathos Commun Ltd

**Summary**
Pathos Communications PLC, a technology-enabled, human-led PR company, released a trading update on February 2, 2026, highlighting a strong finish to FY25 and a positive start to FY26. The company exceeded market expectations for FY25, reporting revenue of $13.2 million (up from $11.4 million in FY24) and adjusted EBITDA of $2.9 million (up from $1.9 million in FY24). This growth was driven by strong volumes, an improved product mix focusing on higher-quality publications, and enhanced cash collection processes.
Key highlights include
1. **Financial Performance**FY25 results surpassed market expectations, with revenue and adjusted EBITDA growth.
2. **Cash Position**Net cash stood at $6.2 million as of December 31, 2025, supported by a successful fundraise and AIM admission.
3. **Business Development**Proprietary AI tools (PathosMind and Pressella) are progressing, and strategic partnerships are being onboarded to enhance growth.
4. **Outlook**FY26 has started well, with the Client Success team and AI-driven improvements driving performance. The company aims to democratize PR for 400 million SMEs globally.
5. **Upcoming Events**Pathos will host an investor presentation on February 4, 2026, via Investor Meet Company, open to all shareholders.
CEO Omar Hamdi expressed optimism about the companys prospects, citing its strong financial performance, growth opportunities, and driven team. Pathos remains focused on expanding its reach and developing technology to serve SMEs globally.
Below is the HTML table code comparing the financials and debt (net cash) year-on-year for Pathos Communications PLC based on the provided text:
MetricFY24FY25
Revenue (US$ million)11.413.2
Adjusted EBITDA (US$ million)1.92.9
Net Cash (US$ million)N/A6.2
### Explanation: - **Revenue**: Increased from US$11.4 million in FY24 to US$13.2 million in FY25. - **Adjusted EBITDA**: Increased from US$1.9 million in FY24 to US$2.9 million in FY25. - **Net Cash**: Not available for FY24, but reported as US$6.2 million in FY25. This table provides a clear year-on-year comparison of the key financial metrics mentioned in the text.
PEN logo PEN

Training Systems Contract Win

Pennant International Group plc

**Summary**
Pennant International Group PLC (AIMPEN) announced a new £0.6 million contract win within its Training Systems segment, supplying a part task trainer for technical training in the nuclear sector. This achievement marks a significant milestone, as the company has now secured over £10 million in new orders within the Training Systems segment since its interim results in September 2025, fully converting its short-term pipeline opportunities. This contributes to an order book covering approximately 80% of the markets FY26 revenue expectations of £13.0 million. Pennant, a global provider of system support software, technical services, and training solutions, continues to focus on sustainable growth in recurring and repeatable revenues, particularly in high-margin software and services, amid increasing demand in defense, aerospace, and other safety-critical sectors.
NewContract
B90 logo B90

Trading Update

B90 Holdings PLC

**Summary**
B90 Holdings PLC, a digital marketing group focused on the global i-gaming industry, released a trading update for the year ended December 31, 2025, ahead of its full-year audited results. The company reported
1. **Strong Financial Performance**Revenue is expected to exceed market expectations due to robust campaign performance, while EBITDA is anticipated to align with market forecasts, reflecting higher marketing spend driven by increased competition and rising costs in Google-led acquisition channels.
2. **Operational Highlights**B90 has deepened its use of automation, AI, and machine learning, enabling scalable growth without proportional overhead increases. This has enhanced campaign efficiency, improved partner returns, and supported margin progression. The pay-per-click operations delivered a growing volume of high-quality leads and first-time depositing customers (FTDs) to an expanding B2B partner base.
3. **Strategic Focus**The company maintained a disciplined approach to operational cash generation, funding marketing investments from cash flow. This allowed selective reinvestment in high-performing activities while controlling costs.
4. **Outlook for 2026**B90 expects to continue its strategic focus on automation, AI-driven optimization, and scalable growth. The company is well-positioned to benefit from major global sporting events like the 2026 FIFA World Cup, which historically boost customer acquisition and FTD volumes.
5. **Leadership Commentary**Executive Chairman Ronny Breivik emphasized priorities for 2026, including scaling core operations, increasing automation, selective marketing investment, strengthening partner networks, and disciplined cash management to drive continued growth and improved operating leverage.
B90 remains confident in delivering another year of significant revenue and EBITDA growth. The announcement complies with Market Abuse Regulation (EU) No. 596/2014 as part of UK domestic law.
Since the provided text does not contain specific financial or debt figures for comparison, I'll create a general HTML table structure that you can fill in with actual data once available. The table will compare financials and debt year-on-year (2024 vs. 2025). < lang="en">B90 Holdings PLC Financials and Debt Comparison

B90 Holdings PLC Financials and Debt Comparison (2024 vs. 2025)

td>+X%
Metric20242025Change
Revenue£X,XXX,XXX£X,XXX,XXX+X%
EBITDA£X,XXX,XXX£X,XXX,XXX
Marketing Spend£X,XXX,XXX£X,XXX,XXX+X%
Total Debt£X,XXX,XXX£X,XXX,XXX+/-X%
Cash Generated from Operations£X,XXX,XXX£X,XXX,XXX+X%

Note: Actual figures are not provided in the given text. Please replace placeholders with real data.

This HTML code creates a table with columns for the metric, values for 2024 and 2025, and the percentage change between the two years. The table is styled with basic CSS for readability. Replace the placeholders (`£X,XXX,XXX` and `+X%`) with actual financial data once available.
BBY logo BBY

BALFOUR BEATTY SECURES £315M WARWICKSHIRE CONTRACT

Balfour Beatty plc

**Summary**
Balfour Beatty PLC has secured a £315 million seven-year contract for Warwickshire Highways Maintenance, awarded by Coventry City Council, Solihull Metropolitan Borough Council, and Warwickshire County Council. This marks the companys third consecutive term for this contract, extending their partnership through Spring 2033, with a potential six-year extension worth up to £900 million. Balfour Beatty Living Places will manage road maintenance for over 5,000 kilometers of roads and 55,000 streetlights, utilizing a digitally enabled operating model to enhance efficiency and council oversight. The contract, commencing in Spring 2026, will employ around 160 people, including graduates and apprentices. Philip Hoare, Balfour Beatty Group Chief Executive, emphasized the importance of long-term partnerships in delivering essential infrastructure and community benefits. This award builds on Balfour Beattys strong track record since 2011, showcasing effective asset management and collaboration with local authorities.
NewContract
HERC logo HERC

Advantage NRG secures £6.5m of contracted works

Hercules Site Services PLC

**Summary**
Hercules PLC, a leading UK infrastructure and construction services group, announced on February 2, 2026, that its subsidiary Advantage NRG has secured £6.5 million in contracted works across two major electricity networks: Electricity North West and Scottish and Southern Electricity Networks. These contracts, running from January to December 2026, are part of existing framework agreements and will require up to 52 skilled operatives at peak delivery, highlighting Advantage NRGs growing operational scale and technical capability. The works reflect the increasing demand for skilled linesmen as the UK invests heavily in upgrading its electrical infrastructure to meet rising energy needs, with National Grid planning £58 billion in investments. The contracts provide strong revenue visibility for Advantage NRG in 2026 and beyond, positioning Hercules as a trusted partner in the power and energy sector. CEO Brusk Korkmaz emphasized the groups readiness to capitalize on the growing need for specialist labor in this sector.
NewContract
ACRM logo ACRM

Contract

Acuity RM Group Plc

**Summary**
Acuity RM Group plc (AIMACRM), a cybersecurity and risk management software provider, announced a significant contract renewal and upgrade with a North American bank. The renewed three-year contract includes a 280% increase in fees compared to the original agreement, with a total value exceeding £160,000. This renewal boosts Acuitys contracted future revenues to over £2 million. Since the initial implementation in 2023, the bank has expanded its use of Acuitys STREAM® software platform, which supports Governance, Risk, and Compliance (GRC) functions. David Rajakovich, Acuitys CEO, highlighted the banks decision as a <mark style="background-color:yellow">test</mark>ament to the measurable value delivered by the platform. Acuity remains focused on sustainable growth through organic expansion and strategic acquisitions, serving diverse sectors including government, defense, healthcare, and manufacturing.
**Key Points**
**Contract Renewal** 3-year extension with a 280% fee increase.
**Total Value:** Over £160000lifting future revenues to £2m+.
**Customer Growth** Increased adoption of STREAM® software since 2023.
**CEO Comment** David Rajakovich emphasized the platforms value and commitment to client growth.
**Company Focus** Sustainable growth via organic and acquisitive strategies.
NewContract
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BuyBack 5 news titles 5
CCT logo CCT

New Share Buyback Programme

Character Group

**Summary**
The Character Group plc (AIMCCT) announced the launch of a new share buyback programme, the **2026 Share Buyback Programme**, on February 2, 2026. This follows the completion of its previous buyback programme, which repurchased approximately £3.0 million worth of ordinary shares between October 2024 and January 2026. The new programme aims to repurchase up to £3.0 million worth of ordinary shares, funded by existing cash resources, to enhance shareholder returns and reduce share capital. The Board believes the company’s share price undervalues the Group.
The programme will run until January 14, 2027, or until the maximum amount is repurchased, whichever is earlier. It will be executed by Panmure Liberum Limited, adhering to pre-set parameters and regulatory requirements, including the Market Abuse Regulation (EU) No. 596/2014. Repurchased shares will be cancelled. The Company reserves the right to halt the programme under appropriate circumstances. Further regulatory announcements will be made as required.
**Key Details**
**Programme Value** £3.0 million
**Duration:** February 22026to January 142027 (or earlier if fully executed)
**Executor** Panmure Liberum Limited
**Purpose** Enhance shareholder returns and reduce share capital
**Regulatory Compliance** Market Abuse Regulation (EU) No. 596/2014
BuyBack
FEVR logo FEVR

Commencement of share buyback programme

Fevertree Drinks Plc

**Summary**
Fevertree Drinks PLC announced the commencement of a share buyback programme on February 2, 2026, with a maximum consideration of £30 million. The programme, which aims to reduce the companys share capital, will run until December 31, 2026, at the la<mark style="background-color:yellow">test</mark>. Fevertree has engaged Investec Bank plc to independently purchase ordinary shares on its behalf, with the intention of canceling any shares acquired. The buyback will be executed within pre-set parameters, adhering to shareholder authority, Market Abuse Regulation, and UKLR guidelines. The company may repurchase up to 25% of the average daily trading volume over the preceding 20 trading days. This initiative follows Fevertrees previous buyback programme in 2025 and is part of its ongoing financial strategy. Fevertree, a leading global supplier of premium carbonated mixers, continues to operate in over 95 countries, serving both on-trade and off-trade markets.
BuyBack
VTY logo VTY

Share buyback - management of the programme

Vistry Group PLC

**Summary**
Vistry Group PLC announced on February 2, 2026, an update on its £130 million share buyback programme, initially launched in September 2024. The company has extended its agreement with Peel Hunt LLP to manage the next tranche of the programme, authorizing the purchase of ordinary shares up to an additional £15 million (excluding fees), with all purchased shares to be cancelled. Vistry Group has also issued an irrevocable instruction to Peel Hunt to manage the programme during the closed period leading up to the publication of its 2025 Full Year Results on March 4, 2026. This move aligns with the companys capital allocation policy. For further details, reference is made to the original September 2024 announcement. Contact information for Vistry Group and its advisors is provided.
BuyBack
Cancellations 2 news titles 2
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DirectorDealing 27 news titles 27
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Director/PDMR Shareholding

CVC Income & Growth Limited

<mark style="background-coloryellow">Purchase</mark> of Ordinary Shares
SSPG logo SSPG

Director/PDMR Shareholding

SSP Group PLC

<mark style="background-coloryellow">Purchase</mark> of Partnership Shares and allocation of Matching Shares under the UK SIP.
SGE logo SGE

Director/PDMR Shareholding

Sage Group PLC

Sage announces that on 1 February 2026, Aaron Harris and Walid Abu-Hadba, each, a person discharging managerial responsibilities for Sage, and Amy Cosgrove, a PCA to Aaron Harris, acquired rights to <mark style="background-color:yellow">purchase</mark> ordinary shares of 14/77 pence each in Sage ("Ordinary Shares") under the Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an all-employee share plan operated for Sages US employees. The share purchase will occur, subject to and in accordance with the CSPP rules, at the end of a 6-month offering period ("Offering Period"), on 3 August 2026.
IHP logo IHP

Director/PDMR Shareholding

IntegraFin Holdings plc

<mark style="background-coloryellow">Purchase</mark> of ordinary shares by way of reinvestment of the December 2025 interim dividend under the Share Incentive Plan ("SIP") dividend reinvestment scheme.
CORD logo CORD

Director/PDMR Shareholding

Cordiant Digital Infrastructure Limited

<mark style="background-coloryellow">Purchase</mark> of Shares
HFG logo HFG

Director/PDMR Shareholding

Hilton Food Group Plc

Hilton Food Group plc (the "Company") announces that on 30 January 2026 it was notified of the <mark style="background-color:yellow">purchase</mark> of ordinary shares of 10 pence each in the Company on 30 January 2026 by Mark Allen, Executive Chair, as set out below
Discovery 1 news title 1
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JV 1 news title 1
UFO logo UFO

Transaction secured for JV partner at Munni Munni

Alien Metals Ltd

**Summary**
Alien Metals Limited (AIMUFO) has successfully completed a joint venture (JV) transaction with GreenTech Metals Limited (ASX: GRE) for the Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia. GreenTech acquired a 70% interest in the project, while Alien retained a 30% stake, which is free-carried through the completion of a bankable feasibility study (BFS). The transaction includes a cash payment of A$0.5 million and the issuance of 47 million GreenTech shares to Alien, valued at approximately A$6.11 million. Alien also holds an indirect 17.4% equity stake in GreenTech. The deal strengthens Aliens balance sheet, reduces funding requirements, and preserves upside potential. Additionally, Alien maintains a 30% interest in the historic silver rights at Munni Munni through a separate JV with Crest Silver Pty Ltd, a subsidiary of West Coast Silver Ltd. The transaction aligns with Aliens partner-led strategy, allowing it to focus on its broader asset portfolio, including the Hancock Iron Ore Project and other exploration interests in the Pilbara region.
JV
Launch 3 news titles 3
EDEN logo EDEN

Launch of Retail Offer

Eden Research plc

**Summary**
Eden Research plc, a UK-listed biopesticide company, announced a retail offer of new ordinary shares to raise up to £500,000. This offer is part of a larger fundraising effort to secure £10.7 million for advancing the development, registration, and commercialization of its insecticide formulation and a new fungicide targeting Late Blight in potatoes. The retail offer is open exclusively to existing shareholders in the United Kingdom, with a minimum subscription of £100 per investor. The shares are offered at 4.0 pence each, representing a 2.6% premium over the recent closing price. The offer is conditional on shareholder approval and the completion of a firm capital raising. Proceeds will support product development and scale-up operations. The offer is managed by Cavendish Capital Markets Limited, with a subscription window from February 2 to February 5, 2026, and admission to trading expected on February 19, 2026. Investors are cautioned about the risks associated with the investment, including potential capital loss and lack of liquidity.
Launch
NXQ logo NXQ

Launchpad, Nexteq’s turnkey software platform

Nexteq PLC

**Summary**
Nexteq PLC (AIMNXQ) announced the launch of **Launchpad**, a turnkey gaming software platform under its Quixant brand, unveiled at ICE Barcelona 2026. Designed for the land-based gaming market, Launchpad simplifies and accelerates the development and deployment of casino games like slot machines, ensuring compliance with global regulatory standards. Powered by Quixant’s established software suite, it offers seamless integration with Quixant hardware, pre-<mark style="background-color:yellow">test</mark>ed certification by GLI (Gaming Laboratories International), and supports both existing hardware customers and online game providers entering the land-based sector. Launchpad enhances Nexteq’s software offerings, strengthens customer relationships, and aligns with the company’s growth strategy. CEO Duncan Faithfull highlighted its positive reception at ICE Barcelona, with early adopters already in discussions, reinforcing Nexteq’s focus on innovation and revenue diversification.
Launch
BIRD logo BIRD

elevate.io launches new structured pricing tiers

Blackbird PLC

**Summary**
Blackbird plc (AIMBIRD) announced on February 2, 2026, the launch of a new structured pricing model for its browser-based collaborative video editing platform, **elevate.io**. The pricing structure includes a free plan and three paid tiers: **Creator ($10/month)**, **Pro ($30/month)**, and **Business ($100/month)**, designed to align with customer needs and usage requirements. The model was developed based on feedback from initial ideal customer profiles (ICPs) to address distinct use cases and simplify purchasing decisions. Annual billing options were also introduced to provide budget certainty for business customers and strengthen revenue visibility for the company.
The tiered pricing encourages customers to upgrade as their needs evolve, supporting longer-term relationships and enterprise-style deployments. Ian McDonough, Blackbird Executive Chair, emphasized that the pricing strategy targets teams and businesses, aligning with elevate.ios focus on saving time through multiplayer editing and instant review capabilities. This move is part of Blackbird plcs scale-up phase, positioning the platform for growth in the SaaS, media, and content creation markets.
**Key Points**
New tiered pricing for elevate.ioFree, Creator, Pro, and Business plans.
Annual billing options introduced for business customers.
Pricing strategy aligns with customer needs and supports long-term growth.
Aimed at professional teams and the Creator Economy.
Launch
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NewContract 6 news titles 6
BBSN logo BBSN

Major Contract Win

Brave Bison Group PLC

**Summary**
Brave Bison Group PLC, a global marketing and technology partner, announced a major contract win for its subsidiary MiniMBA, the UKs leading marketing skills and training platform. MiniMBA has secured a €1.3 million contract with one of the worlds largest food and beverage conglomerates to train thousands of employees across the Asia-Pacific (APAC) region in 2026 using its MiniMBA in Brand Management program. This contract, the largest in MiniMBAs history, comes just six months after its acquisition by Brave Bison and will be recognized in the current financial year.
The deal highlights the growing demand for advanced marketing training among global organizations and reinforces MiniMBAs position as a leader in marketing education. Brave Bison operates across eight countries, offering digital services, digital media, and marketing skills training through its Digital Services and Digital Content divisions. Notable clients include New Balance, Google, Formula 1, and American Express. The announcement was made via the London Stock Exchanges Regulatory News Service (RNS), emphasizing its significance as inside information now in the public domain.
NewContract
PEN logo PEN

Training Systems Contract Win

Pennant International Group plc

**Summary**
Pennant International Group PLC (AIMPEN) announced a new £0.6 million contract win within its Training Systems segment, supplying a part task trainer for technical training in the nuclear sector. This achievement marks a significant milestone, as the company has now secured over £10 million in new orders within the Training Systems segment since its interim results in September 2025, fully converting its short-term pipeline opportunities. This contributes to an order book covering approximately 80% of the markets FY26 revenue expectations of £13.0 million. Pennant, a global provider of system support software, technical services, and training solutions, continues to focus on sustainable growth in recurring and repeatable revenues, particularly in high-margin software and services, amid increasing demand in defense, aerospace, and other safety-critical sectors.
NewContract
BBY logo BBY

BALFOUR BEATTY SECURES £315M WARWICKSHIRE CONTRACT

Balfour Beatty plc

**Summary**
Balfour Beatty PLC has secured a £315 million seven-year contract for Warwickshire Highways Maintenance, awarded by Coventry City Council, Solihull Metropolitan Borough Council, and Warwickshire County Council. This marks the companys third consecutive term for this contract, extending their partnership through Spring 2033, with a potential six-year extension worth up to £900 million. Balfour Beatty Living Places will manage road maintenance for over 5,000 kilometers of roads and 55,000 streetlights, utilizing a digitally enabled operating model to enhance efficiency and council oversight. The contract, commencing in Spring 2026, will employ around 160 people, including graduates and apprentices. Philip Hoare, Balfour Beatty Group Chief Executive, emphasized the importance of long-term partnerships in delivering essential infrastructure and community benefits. This award builds on Balfour Beattys strong track record since 2011, showcasing effective asset management and collaboration with local authorities.
NewContract
HERC logo HERC

Advantage NRG secures £6.5m of contracted works

Hercules Site Services PLC

**Summary**
Hercules PLC, a leading UK infrastructure and construction services group, announced on February 2, 2026, that its subsidiary Advantage NRG has secured £6.5 million in contracted works across two major electricity networks: Electricity North West and Scottish and Southern Electricity Networks. These contracts, running from January to December 2026, are part of existing framework agreements and will require up to 52 skilled operatives at peak delivery, highlighting Advantage NRGs growing operational scale and technical capability. The works reflect the increasing demand for skilled linesmen as the UK invests heavily in upgrading its electrical infrastructure to meet rising energy needs, with National Grid planning £58 billion in investments. The contracts provide strong revenue visibility for Advantage NRG in 2026 and beyond, positioning Hercules as a trusted partner in the power and energy sector. CEO Brusk Korkmaz emphasized the groups readiness to capitalize on the growing need for specialist labor in this sector.
NewContract
ACRM logo ACRM

Contract

Acuity RM Group Plc

**Summary**
Acuity RM Group plc (AIMACRM), a cybersecurity and risk management software provider, announced a significant contract renewal and upgrade with a North American bank. The renewed three-year contract includes a 280% increase in fees compared to the original agreement, with a total value exceeding £160,000. This renewal boosts Acuitys contracted future revenues to over £2 million. Since the initial implementation in 2023, the bank has expanded its use of Acuitys STREAM® software platform, which supports Governance, Risk, and Compliance (GRC) functions. David Rajakovich, Acuitys CEO, highlighted the banks decision as a <mark style="background-color:yellow">test</mark>ament to the measurable value delivered by the platform. Acuity remains focused on sustainable growth through organic expansion and strategic acquisitions, serving diverse sectors including government, defense, healthcare, and manufacturing.
**Key Points**
**Contract Renewal** 3-year extension with a 280% fee increase.
**Total Value:** Over £160000lifting future revenues to £2m+.
**Customer Growth** Increased adoption of STREAM® software since 2023.
**CEO Comment** David Rajakovich emphasized the platforms value and commitment to client growth.
**Company Focus** Sustainable growth via organic and acquisitive strategies.
NewContract
Offers 3 news titles 3
CABP logo CABP

RESPONSE TO POSSIBLE OFFER ANNOUNCEMENT

CAB Payments Holdings Ltd

**Summary**
CAB Payments Holdings PLC has issued a response to a possible takeover offer from the Helios Consortium, comprising Helios Fund V, Helios Fund III, and Helios Fairfax Partners Corporation (HFP). The Independent Board of CAB Payments, excluding directors Henry Obi and Nitin Kaul, received two non-binding proposals from Helios: an initial proposal on January 17, 2026, and a second proposal on January 29, 2026. Both proposals offered to acquire the entire issued and to-be-issued share capital of CAB Payments at USD 1.05 (GBP 0.77) and USD 1.15 (GBP 0.84) per share, respectively, in cash and an unlisted share alternative.
The Independent Board, after careful evaluation, unanimously rejected both proposals, deeming them "highly opportunistic" and undervaluing the companys future prospects. They highlighted several factors that the proposals failed to reflect, including
1. Strong Total Income performance in FY25.
2. Successful execution of a strategy to deepen market presence and strengthen regulatory relationships.
3. Expansion of geographic footprint with new offices in New York and Abu Dhabi.
4. Strengthening of the operating platform and regulatory infrastructure through a global clearing partnership.
The Board remains confident in the companys strategy and long-term value creation potential. Shareholders are advised to take no action at this time. Helios Consortium must announce a firm intention to make an offer or withdraw by March 2, 2026, in accordance with the City Code on Takeovers and Mergers. CAB Payments will release its full-year 2025 results on March 5, 2026, providing further updates on its strategic progress.
Offers
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Placing 4 news titles 4
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Reports 6 news titles 6
BSFA logo BSFA

Annual Financial Report

BSF Enterprise Plc

**Summary of BSF Enterprise PLCs Annual Financial Report (2025):**
BSF Enterprise PLC, a leader in tissue-engineered materials, released its Annual Report for the year ended September 30, 2025, highlighting significant progress across its subsidiaries and strategic initiatives.
**Key Highlights**
1. **Commercial and Technical Progress**
Subsidiaries 3D Bio-Tissues (3DBT), Lab-Grown Leather (LGL), and Kerato achieved notable advancements.
Launched CytoBoost™ bioactive media additive and expanded City-Mix™ for cost-effective cultivated meat production.
Developed the worlds first 2mm-thick scaffold-free leather, collaborating with luxury fashion brands.
Secured a licensing agreement with the University of Montreal for liquid cornea technology, with veterinary trials planned for 2026 and human trials in 2027.
2. **Financial Performance**
Reduced net loss to £1,013,527 (from £1,672,291 in 2024) due to cost control and increased grant income.
Strategic fundraising initiatives, including shareholder approval for up to £15 million via warrants, to support commercialization, spin-outs, and expansion in Greater China.
3. **Strategic Achievements**
Expanded into Greater China, laying the foundation for local cultivated meat production.
Strengthened sustainability and ESG commitments, aligning with the Task Force on Climate-Related Financial Disclosures (TCFD).
4. **Future Plans (2026)**
Commercialize CytoBoost™ and City-mixⓇ.
Scale up lab-grown leather production and produce T-Rex leather for sale.
Complete veterinary clinical trials for corneal implants, advancing toward human trials in 2027.
Expand cultivated meat production in Greater China.
Explore acquisitions of compatible businesses.
**Financial Summary**
Revenue: £52840 (2024: £57821)
Loss before taxation: £1216970 (2024: £1797506)
Loss for the year: £1113527 (2024: £1672291)
Cash and cash equivalents: £149020 (2024: £637656)
**Corporate Governance and Sustainability:**
Committed to ethical valuesshareholder engagementand sustainability.
Adopted anti-bribery and anti-corruption policies.
Focused on diversity and environmental responsibility, aligning with TCFD recommendations.
**Conclusion**
BSF Enterprise PLC demonstrated significant progress in 2025, with strategic advancements, reduced losses, and a clear roadmap for 2026. The company is well-positioned for long-term growth in sustainable, tissue-engineered materials, supported by strong governance and sustainability commitments.
Here is the HTML table code comparing the financials and debt year on year for BSF Enterprise PLC: tr>
Financial Metric2024 (£)2025 (£)Change (£)Change (%)
Revenue57,82152,840(4,981)(8.61%)
Gross Loss(26,644)(18,159)8,48531.85%
Operating Loss(1,791,360)(1,215,089)576,27132.17%
Loss Before Taxation(1,797,506)(1,216,970)580,53632.29%
Loss for the Year(1,672,291)(1,113,527)558,76433.41%
Cash and Cash Equivalents637,656149,020(488,636)(76.66%)
Total Assets3,495,4573,006,895(488,562)(13.98%)
Total Liabilities305,075289,016(16,059)(5.26%)
Total Equity3,190,3822,717,879(472,503)(14.81%)
0.00%
Debt Metric2024 (£)2025 (£)Change (£)Change (%)
Lease Liabilities (Current)78,0500(78,050)(100.00%)
Lease Liabilities (Non-Current)0000.00%
Total Lease Liabilities78,0500(78,050)
**Notes:** * The financial metrics are extracted from the Consolidated Statement of Comprehensive Income and Consolidated Statement of Financial Position. * The debt metrics are extracted from the Consolidated Statement of Financial Position, specifically the lease liabilities. * The change and percentage change are calculated based on the difference between the 2025 and 2024 values. * The tables show that BSF Enterprise PLC's revenue decreased by 8.61%, while its losses decreased significantly (32-33%). * The company's cash and cash equivalents decreased by 76.66%, and its total assets decreased by 13.98%. * The total lease liabilities decreased to £0 in 2025, indicating that the company has paid off its lease obligations.
Results 15 news titles 15
VARE logo VARE

Full Year Results

Various Eateries PLC

**Summary of Various Eateries PLC Full Year Results for FY25 (52 weeks ended 28 September 2025):**
**Financial Highlights**
**Revenue Growth** Increased by 6% to £52.4 million (FY24: £49.5 million).
**Like-for-Like (LFL) Sales Growth** 2% overall, with Coppa Club leading at +3%. H2 LFL growth accelerated to 4%.
**Adjusted EBITDA** Record £1.4 million (FY24: £0.3 million), driven by strong trading and operational improvements.
**Gross Profit** Surged 64% to £5.7 million (FY24: £3.5 million).
**Cash Position** Cash at bank rose to £8.0 million (FY24: £5.8 million), with net cash at £4.6 million (FY24: £2.7 million).
**Operational Highlights**
**Operational Execution** Improvements in service delivery, menu focus, labour deployment, and cost discipline.
**Site Performance** Enhanced conversion rates supported by stronger venue leadership and consistent execution.
**Leadership Strengthening** Appointment of Mark Loughborough as CEO in January 2025.
**Estate Investment** Successful refurbishments and targeted enhancements to customer propositions.
**Post-Period Highlights**
**Strong Start to FY26** Group LFL sales up 9% in the festive period, led by Coppa Club (+12%).
**Brand Consolidation** Focus on Coppa Club and Noci brands, with active exploration of new Coppa Club sites.
**M&A Opportunities** Proactively evaluating high-quality, complementary acquisitions.
**Leadership Expansion** Appointment of new Managing Director and Culinary Director.
**CEO’s Statement (Mark Loughborough)**
FY25 marked a clear step forward with improved execution, stronger operational foundations, and record profitability.
Focus on scaling brands, selective estate investment, and exploring M&A opportunities for sustainable growth.
**Chairman’s Statement**
FY25 was an inflection year with a return to LFL growth, improved profitability, and strengthened operational foundations.
Momentum carried into FY26, supported by a robust leadership team and a disciplined approach to growth.
**Financial Review**
**Revenue:** £52.4 millionup 6% YoY.
**Adjusted EBITDA** £5.5 million (IFRS 16), up 27% YoY.
**Loss Before Tax** Reduced to £2.7 million (FY24: £3.4 million).
**Net Cash Flow from Operations** £7.76 million (FY24: £2.31 million).
**Net Debt** £24.5 million (FY24: £28.7 million).
**Future Outlook**
Confident in delivering strong performance in FY26, with a focus on organic growth and strategic M&A.
Continued investment in Coppa Club and Noci brands, alongside operational excellence and cost discipline.
**Conclusion**
Various Eateries PLC demonstrated resilience and growth in FY25, achieving record financial and operational milestones. With a strengthened leadership team and a clear strategic focus, the company is well-positioned for sustainable expansion in FY26 and beyond.
Here is the HTML table code comparing the financials and debt year on year for Various Eateries PLC:
MetricFY25 (£'000)FY24 (£'000)Change (%)
Revenue52,37649,4866%
Adjusted EBITDA (before IFRS 16)1,355300352%
Adjusted EBITDA (IFRS 16)5,5384,35527%
Operating Loss(785)(928)(15%)
Total Loss for the Year After Tax(2,733)(3,357)(19%)
Net Cash / (Debt) Excluding IFRS 16 Lease Liability4,5872,69070%
Cash at Bank8,0005,80038%
Net Cash4,6002,70070%
Borrowings (Current)3,3903,1398%
Borrowings (Non-Current)24,93427,424(9%)
**Notes:** * The table compares key financial metrics and debt figures for Various Eateries PLC between FY25 and FY24. * Figures are in thousands of pounds (£'000). * The change percentage is calculated as ((FY25 - FY24) / FY24) * 100. * The table includes metrics such as revenue, adjusted EBITDA, operating loss, net cash, and borrowings. This table provides a clear and concise comparison of the company's financial performance and debt position year on year.
SSON logo SSON

INTERIM RESULTS ANNOUNCEMENT

Smithson Investment Trust PLC

**Summary of Smithson Investment Trust PLC Interim Results Announcement (February 2026):**
**Overview**
Smithson Investment Trust PLC released its interim results for the twelve months ended December 31, 2025, highlighting financial performance, strategic changes, and future plans. The report emphasizes the proposed restructuring into an open-ended investment company (OEIC) to address persistent share price discounts and enhance shareholder value.
**Financial Performance**
**Net Asset Value (NAV)** Decreased to £1,720,475,000 from £2,129,897,000 in 2024.
**NAV per Share:** Fell to 1601.5p from 1631.8p.
**Share Price** Increased to 1,566.0p from 1,484.0p, with a discount to NAV narrowing to 2.2% from 9.1%.
**Total Return** NAV total return was -1.8%, while share price total return was +5.6%, underperforming the MSCI World SMID Cap Index (+10.2%).
**Ongoing Charges Ratio** Remained stable at 0.9%.
**Strategic Changes**
**Proposed Restructuring** The Board recommends converting the company into an OEIC, allowing shareholders to participate in the same investment strategy or exit at close to NAV. This aims to eliminate the persistent share price discount.
**Share Buybacks** Repurchased 23.1 million shares in 2025, totaling 69.7 million shares (nearly 40% of pre-buyback shares) since April 2022. Buybacks ceased after the restructuring announcement.
**Dividend** Announced an interim dividend of 2.1 pence per share for the 18-month period to June 30, 2026, to maintain investment trust tax status.
**Investment Performance**
**Portfolio Performance** NAV per share total return was -1.8%, compared to +10.2% for the MSCI World SMID Index. Annualized NAV performance since inception (2018) is +6.8% pa, versus +8.6% pa for the index.
**Portfolio Changes** Increased exposure to Information Technology and Healthcare sectors, while reducing Industrials. Notable acquisitions include Vertiv Holdings, Adma Biologics, and Nutanix. Sales included Verisk Analytics, Exponent, and Choice Hotels.
**AI Exposure** Approximately 5% of the portfolio is exposed to AI-related companies, with Vertiv Holdings being a significant contributor.
**Shareholder Engagement**
**General Meetings** Shareholders approved resolutions to increase distributable reserves and authorize share repurchases. Two general meetings are scheduled for February 2026 to approve the OEIC conversion.
**Board Changes** Mike Balfour took over as Chair, and Sarika Patel joined as a non-executive director and Chair of the Audit Committee.
**Outlook**
**Restructuring Benefits** The OEIC structure will allow daily buying and selling at NAV, eliminating discounts. Shareholders can choose to roll over into the new Smithson Equity Fund or receive cash at NAV.
**Investment Strategy** The existing strategy will be replicated in the OEIC, managed by Fundsmith, focusing on high-quality, growing companies.
**Market Conditions** The portfolio is positioned to benefit from changing market dynamics, with a focus on quality and valuation discipline.
**Conclusion**
Smithson Investment Trust PLC’s interim results reflect a challenging year for performance but highlight significant strategic initiatives to enhance shareholder value. The proposed restructuring into an OEIC aims to address long-standing issues with share price discounts, offering shareholders greater flexibility and alignment with the investment strategy. The Board remains focused on long-term growth and shareholder interests.
Here is the HTML table code comparing the financials and debt year on year for Smithson Investment Trust PLC:
Metric20242025Change
Net Assets (£'000)2,129,8971,720,475-19.2%
Net Asset Value (NAV) per share (p)1,631.81,601.5-1.9%
Share Price (p)1,484.01,566.0+5.5%
Share Price Discount to NAV (%)9.1%2.2%-7.9%
NAV Total Return per share (%)2.1%-1.8%-3.9%
Share Price Total Return (%)4.9%5.6%+0.7%
Ongoing Charges Ratio (%)0.9%0.9%0%
Total Loss After Tax (£'000)(8,112)(62,839)-675.9%
Capital Loss (£'000)(12,483)(67,474)-440.5%
Revenue Profit (£'000)4,3714,635+6.0%
**Notes:** * The table compares key financials and debt metrics for Smithson Investment Trust PLC between 2024 and 2025. * The data is extracted from the provided text, which includes the company's interim results announcement. * The "Change" column calculates the percentage change between 2024 and 2025 for each metric. * The table does not include all metrics mentioned in the text, but focuses on the most relevant financials and debt-related figures. This table provides a clear and concise comparison of the company's financial performance and debt position between the two years.
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TR1 59 news titles 59
IEM logo IEM

Holding(s) in Company

Impax Environmental Markets PLC

<mark style="background-coloryellow">TR1</mark> Buy
['Bank of Montreal', 'Below 5', '6.870620']
NTVO logo NTVO

Holding(s) in Company

Nativo Resources plc

<mark style="background-coloryellow">TR1</mark> Buy
['YA II PN LTD', '< 3', '5.70']
ICG logo ICG

Holding(s) in Company

Intermediate Capital Group PLC

TR1 Buy
['Wellington Management Group LLP', '4.650000', '4.840000']
IPF logo IPF

Holding(s) in Company

International Personal Finance PLC

TR1 Buy
['JPMorgan Chase & Co.', '0.057686', '0.310184']
IPF logo IPF

Holding(s) in Company

International Personal Finance PLC

TR1 Buy
['HSBC Holdings plc', '8.585000', '7.941000']
LABS logo LABS

Holding(s) in Company

Life Science REIT PLC

TR1 Buy
['Rathbones Investment Management Ltd', '3.030600', '10.615200']
AIE logo AIE

Holding(s) in Company

Ashoka India Equity Investment Trust PLC

TR1 Buy
['Evelyn Partners Limited', '9.954870', '10.010783']
HRI logo HRI

Holding(s) in Company

Herald Investment Trust

TR1 Buy
['Rathbones Investment Management Ltd', '10.974100', '11.946800']
KIE logo KIE

Holding(s) in Company

Kier Group PLC

TR1 Buy
['UBS Group AG-Investment Bank & Global Wealth Management', '5.304018', '0.000000']
WINE logo WINE

Holding(s) in Company - Replacement

Naked Wines plc

<mark style="background-coloryellow">TR1</mark> Buy
['Monega Kapitalanlagegesellschaft mbH', ' All other details remain unchanged.', ' All other details remain unchanged.']
IHC logo IHC

Holding(s) in Company

Inspiration Healthcare Group PLC

TR1 Buy
['REDWORTH PORTFOLIO LTD', '21.490000', '20.023000']
MGAM logo MGAM

Holding(s) in Company

Morgan Advanced Materials plc

TR1 Buy
['Black Creek Investment Management Inc.', '5.980945', '6.030880']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 4.74']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 9.13']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 0']
BIG logo BIG

Holding(s) in Company

Big Technologies PLC

TR1 Buy
['Liontrust Investment Partners LLP', '9.856000', '10.018000']
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Updates 31 news titles 31
IGET logo IGET

Portfolio Update

Invesco Perpetual Select Trust plc - Global Equity Income Share Portfolio

3IN logo 3IN

3i Infrastructure plc - Q3 update - replacement

3I Infrastructure PLC

**Summary**
3i Infrastructure PLC released an amended Q3 performance update for the period from October 1, 2025, to January 30, 2026, highlighting key developments in its diversified infrastructure portfolio. The company reported strong overall performance, with notable achievements across several investments
**ESVAGT** expanded its fleet with the delivery of the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two additional SOVs, supported by a €23 million investment from 3iN.
**Joulz** signed agreements to acquire two businesses, expected to increase EBITDA by 70% and expand its geographic and service capabilities, with 3iN contributing up to €107 million in equity.
**TCR** continued to perform well, securing new contracts and increasing its revolving credit facility by €100 million.
However, **DNSNET** faced significant challenges due to a worsening financing environment for German fibre roll-out businesses. The company expects to write down the value of its equity in DNS:NET to zero by March 2026, given the lack of available debt financing. This investment, previously valued at £212 million (5.6% of net asset value), is now considered a disappointing outlier.
Other portfolio companies, such as **SRL**, continued to face challenges, while the rest performed in line with or <mark style="background-color:yellow">above</mark> expectations. 3iN remains on track to meet its FY26 dividend target of 13.45 pence per share, covered by net income. The company’s balance sheet shows a net debt position of £500 million, with plans to repay the Revolving Credit Facility using proceeds from future realizations.
The Investment Manager hosted a Capital Markets Event in January 2026, providing updates on key portfolio companies, and remains focused on disciplined investment opportunities.
**Key Financial Highlights**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target13.45 pence per share (up 6.3% from FY25).
Net debt position as of January 302026: £500 million.
The update emphasizes 3iN’s commitment to responsible infrastructure investment, delivering sustainable returns, and positively influencing its portfolio companies.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions as mentioned in the text.
MetricFY25FY26 (as of Q3 Update)
Dividend Target (pence per share)12.6513.45 (up 6.3% from FY25)
Total Income and Non-Income Cash (3 months to 31 Dec)Not specified£53 million
Drawings on RCF (£ million)Not specified£504 million
Cash Balance (£ million)Not specified£4 million
Net Debt Position (£ million)Not specified£500 million
DNS:NET Valuation (£ million)£212 million (as of 30 Sep 2025)Expected to be written down to zero by March 2026
Joulz Bolt-on Commitment (£ million)Not applicableUp to €107 million (approximately £91 million)
### Notes: 1. **Dividend Target**: FY26 target is 6.3% higher than FY25. 2. **Income and Non-Income Cash**: Only FY26 data is available for the 3 months to 31 December 2025. 3. **Debt and Cash**: FY26 figures are as of 30 January 2026. 4. **DNS:NET Valuation**: FY25 valuation is provided, with an expected write-down to zero by March 2026. 5. **Joulz Bolt-on Commitment**: New commitment in FY26, not applicable in FY25. This table provides a structured comparison based on the available data in the text.
3IN logo 3IN

3i Infrastructure plc - Performance update

3I Infrastructure PLC

**3i Infrastructure PLC Q3 Performance Update (October 2025 - January 2026)**
**Key Highlights**
1. **Portfolio Performance**
**ESVAGT** Delivered the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two operational SOVs, expanding its fleet to 12 vessels with 3 more under construction.
**Joulz** Signed agreements to acquire two businesses, expected to complete in Q1 2026, increasing EBITDA by ~70% and expanding into new geographies and segments. 3iN to invest up to €107 million.
**TCR** Continued strong performance with new contract wins and a €100 million increase in its revolving credit facility. Strategic review on track.
**DNSNET:** Operationally on track but faces significant challenges due to a worsening financing environment for German fibre roll-out businesses. Equity value likely to be written down to zero by March 2026.
**SRL** Ongoing challenges with cautious recovery expectations.
**Other Portfolio Companies** Performing in line with or <mark style="background-color:yellow">above</mark> September 2025 expectations.
2. **Financials**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target of 13.45 pence per share (up 6.3% from FY25) remains on track, covered by net income.
Balance sheet£504 million drawn on £900 million RCF, £4 million cash balance, net debt of £500 million after funding Joulz acquisitions.
3. **Strategic Updates**
Investment Manager progressing near-term investment opportunities with disciplined pricing and timing.
Capital Markets Event held in January 2026 featured updates from Tampnet, Infinis, and ESVAGT.
4. **Outlook**
DNSNET’s challenges are a "disappointing outlier," but the overall portfolio remains diversified and resilient.
Focus on repaying the RCF with proceeds from future realisations.
**Conclusion**
3i Infrastructure PLC’s diversified portfolio delivered strong performance in Q3, with notable growth in ESVAGT and Joulz, despite challenges at DNS:NET and SRL. The company remains on track to meet its FY26 dividend target and continues to pursue disciplined investment opportunities.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions between the periods mentioned (FY25 and FY26).
MetricFY25FY26 (as of 30 Jan 2026)
Dividend per Share12.65 pence13.45 pence (target, up 6.3%)
Total Income and Non-Income Cash (3 months to Dec)Not specified£53 million
Net Debt PositionNot specified£500 million
RCF DrawingsNot specified£504 million (out of £900 million RCF)
Cash BalanceNot specified£4 million
DNS:NET Valuation£212 million (5.6% of NAV)Expected write-down to £0 by March 2026
Joulz Equity CommitmentNot applicableUp to €107 million
TCR Revolving Credit Facility IncreaseNot applicable€100 million (closed in Dec 2025)
### Notes: 1. **FY25 vs FY26**: The table compares available data from FY25 (e.g., DNS:NET valuation) with FY26 updates (e.g., dividend target, net debt). 2. **Missing Data**: Some FY25 figures (e.g., net debt, RCF drawings) are not provided in the text, so they are marked as "Not specified." 3. **Key Changes**: Highlights include a 6.3% dividend increase, a significant write-down of DNS:NET, and increased debt due to RCF drawings and Joulz commitments. This table can be embedded in an HTML document for clear year-on-year comparison.
XPF logo XPF

Trading Update

XP Factory PLC

**Summary**
XP Factory Plc, a leading UK experiential leisure company operating the Escape Hunt and Boom Battle Bar brands, released a trading update for the 2025/26 festive period. Key highlights include
1. **Record Quarterly Sales**UK Owned and Operated (O&O) revenue grew by 4.2% in the 13 weeks to December 28, 2025, with Escape Hunt O&O sales up 10.0% driven by new site openings and 6.4% like-for-like (LFL) growth.
2. **Financial Performance**Year-to-date Group unaudited pre-IFRS 16 adjusted EBITDA reached £4.8m, slightly <mark style="background-color:yellow">above</mark> the prior year. Escape Hunt maintained strong site-level EBITDA margins of circa 43%, while Boom’s margins were circa 18%.
3. **Boom Challenges**Boom O&O sales grew 2.5%, but LFL sales declined by 7.2% due to weak consumer demand, despite strong corporate bookings. Labour cost increases and sector softness impacted margins.
4. **Cost Control**The company achieved £2m in annualised cost savings to mitigate rising costs and LFL declines.
5. **Net Debt**: As of December 282025net debt stood at £5.6m.
6. **Outlook**FY26 EBITDA is expected to be below market estimates, with pre-IFRS 16 adjusted EBITDA projected at £5.0m to £6.0m. FY27 will focus on consolidation, with a slower pace of new site openings due to macroeconomic uncertainty.
7. **Long-Term Confidence**Despite near-term challenges, XP Factory remains confident in its long-term growth potential, positioning itself as a leader in the consolidating experiential leisure and competitive socialising sectors.
The company highlighted Escape Hunt’s resilience and Boom’s potential to thrive once market conditions improve, emphasizing its scale advantage in a consolidating industry.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric2024/252025/26Change
UK O&O Revenue Growth (13 weeks to 28 Dec)N/A+4.2%N/A
Year-to-Date Group Adjusted EBITDA (39 weeks to 28 Dec)£4.7m£4.8m+£0.1m
Escape Hunt UK O&O Sales Growth (13 weeks to 28 Dec)N/A+10.0%N/A
Escape Hunt UK LFL Sales Growth (13 weeks to 28 Dec)N/A+6.4%N/A
Boom UK O&O Sales Growth (13 weeks to 28 Dec)N/A+2.5%N/A
Boom UK LFL Sales Decline (13 weeks to 28 Dec)N/A-7.2%N/A
Net Debt Position (as at 28 Dec)N/A£5.6mN/A
FY Pre-IFRS16 Adjusted EBITDA GuidanceN/A£5.0m - £6.0mBelow market estimates
Labour Cost Inflation Impact (Annualised)N/A£1.5mN/A
Cost Savings Achieved (Annualised)N/A£2.0mN/A
### Notes: - **N/A**: Indicates data not available for comparison. - **Change**: Where applicable, the change is highlighted; otherwise, it is marked as N/A. - **FY Pre-IFRS16 Adjusted EBITDA Guidance**: The 2025/26 guidance is below market estimates, reflecting challenging market conditions. - **Labour Cost Inflation Impact** and **Cost Savings Achieved**: These are new metrics for 2025/26, reflecting increased focus on cost control. This table provides a clear comparison of key financials and debt metrics between the two years based on the provided text.
TOO logo TOO

Juvela update: OAF new listing with major retailer

Tooru Plc

**Summary**
Tooru PLC, an AIM-listed company specializing in the branded health and wellness sector, announced significant progress for its retail-focused free-from brand, OAF. Initially launched by its subsidiary Juvela with listings in TESCO, OAF has seen strong sales growth and expanded product offerings in TESCO stores, including three new products set to launch after Easter. Additionally, ASDA, another major UK retailer, will begin listing select OAF products in its stores starting April 2026. This expansion highlights OAF’s growing appeal in the fast-growing free-from market, driven by increasing consumer demand for healthier, ingredient-conscious food options. CEO Scott Livingston expressed optimism about continued distribution growth across Tooru’s portfolio, anticipating further sales growth in the coming year. The announcement underscores Tooru’s strategic focus on capitalizing on the health and wellness trend.
The provided text does not contain any financial or debt-related data for comparison. It is a press release announcing the listing of Tooru PLC's OAF brand in ASDA stores, along with some operational updates. Since there is no financial or debt information available, I cannot generate an HTML table comparing financials and debt year on year. However, if you provide the necessary financial data, I'd be happy to help create the HTML table. Here's an example of what the table structure might look like:
YearRevenue (£)Net Income (£)Total Debt (£)Debt-to-Equity Ratio
2025............
2026............
Please provide the relevant financial data, and I'll be happy to assist you in creating the HTML table.
EMVC logo EMVC

Trading and Portfolio Update

EMV Capital plc

**Summary**
EMV Capital PLC, a deep tech, life sciences, and sustainability venture capital investment group, released a trading and portfolio update for the year ended 31 December 2025. The company reported strong operational and portfolio performance, with total Assets Under Management (AUM) exceeding £100 million. Key highlights include
1. **Operational Growth**Scaling of the core venture capital platform, increased AUM, and strengthened revenue streams.
2. **Portfolio Support**Syndicated fundraisings totaling £12.0 million across 14 portfolio companies, and advancement of the Venture Building program, generating £10.4 million in fair value creation.
3. **Strategic Acquisitions**Acquisition of XF-73 intellectual property and clinical assets from Destiny Pharma Limited, forming AMR Bio Limited.
4. **Financial Performance**Group revenue grew by 16% to £2.8 million, driven by higher corporate finance fees and increased fundraising activity. EMV Capital core revenue increased to £3.2 million, covering a significant portion of operating costs.
5. **Portfolio Highlights**Notable progress in portfolio companies like Wanda Health, EpiBone, AMR Bio, Deeptech Recycling Technologies, Sofant Technologies, Q-Bot, and Martlet Capital, with successful fundraisings, strategic milestones, and value creation.
Despite challenging market conditions, EMV Capital remains focused on disciplined capital deployment, proactive portfolio management, and scaling its platforms. The company is well-positioned to navigate market uncertainty and benefit from a recovery in capital markets.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric20242025Change
Total AUM (£ million)98.5>100+1.5% (minimum)
Group Revenue (£ million)2.5~2.8+12%
EMV Capital Core Revenue (£ million)2.4~3.2+33.3%
Group Cash Balance (£ million)1.00.5-50%
Quoted Securities (£ million)1.4~0.3-78.6%
Syndicated Fundraisings (£ million)10.612.0+13.2%
Portfolio Companies Supported1214+16.7%
### Notes: 1. **AUM**: The 2025 figure is stated as "in excess of £100 million," so the change is calculated based on the minimum increase. 2. **Revenue and Cash Figures**: Approximate values are denoted with "~" as per the text. 3. **Syndicated Fundraisings and Portfolio Companies**: Direct year-on-year comparisons are provided based on the given data. 4. **Quoted Securities**: The decrease reflects the reduction in readily realisable quoted securities held by the Group. This table provides a clear comparison of key financial and operational metrics between 2024 and 2025.
DSCV logo DSCV

Q3 Trading Update

Discoverie Group PLC

**Summary**
discoverIE Group plc, a leading designer and manufacturer of customised electronics for industrial applications, released its Q3 trading update for the period ending December 31, 2025. Key highlights include
1. **Sales Growth**Group sales increased by 5% at constant exchange rates (CER) and 1% organically.
2. **Order Growth**Orders rose by 9% at CER and 4% organically, with a book-to-bill ratio of 1.03x.
3. **Operational Performance**The Controls unit showed improved sales and order trends compared to the first half of the year.
4. **Financial Health**Gross margins remained strong, working capital was tightly managed, and cash generation continued robustly.
5. **Acquisitions**The acquisition of Keymat Technology Ltd was completed, and approval for the acquisition of Trival Antene d.o.o is in progress, with a healthy pipeline of further opportunities.
6. **Outlook**The Group is on track to meet full-year adjusted earnings expectations and remains well-positioned for through-cycle growth, both organically and inorganically.
The update emphasizes discoverIE’s focus on structural growth markets, sustainability, and long-term customer relationships, supported by its strong ESG ratings and global presence.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not explicitly provide detailed financial or debt figures for comparison, the table is structured to reflect the key metrics mentioned in the trading update, with placeholders for actual data where specific figures are not provided.
discoverIE Group plc - Q3 Trading Update (Year-on-Year Comparison)
MetricQ3 2025Q3 2024
Group Sales Growth (CER)+5%N/A
Group Sales Growth (Organic)+1%N/A
Group Orders Growth (CER)+9%N/A
Group Orders Growth (Organic)+4%N/A
Book-to-Bill Ratio1.03xN/A
Gross MarginsRobustRobust
Working Capital ManagementTightly ManagedTightly Managed
Cash GenerationStrongStrong
Debt (if available)N/AN/A
### Notes: 1. **CER**: Constant Exchange Rate. 2. **Organic Growth**: Excludes the first 12 months of acquisitions post-completion. 3. **Book-to-Bill Ratio**: Orders received divided by revenue billed. 4. **Gross Margins, Working Capital, Cash Generation**: Described qualitatively as "Robust" and "Strong" without specific figures. 5. **Debt**: Not explicitly mentioned in the text, hence marked as "N/A". This table can be expanded or updated with actual figures if more detailed financial data becomes available.
NEWS logo NEWS

Trading Update

Pathos Commun Ltd

**Summary**
Pathos Communications PLC, a technology-enabled, human-led PR company, released a trading update on February 2, 2026, highlighting a strong finish to FY25 and a positive start to FY26. The company exceeded market expectations for FY25, reporting revenue of $13.2 million (up from $11.4 million in FY24) and adjusted EBITDA of $2.9 million (up from $1.9 million in FY24). This growth was driven by strong volumes, an improved product mix focusing on higher-quality publications, and enhanced cash collection processes.
Key highlights include
1. **Financial Performance**FY25 results surpassed market expectations, with revenue and adjusted EBITDA growth.
2. **Cash Position**Net cash stood at $6.2 million as of December 31, 2025, supported by a successful fundraise and AIM admission.
3. **Business Development**Proprietary AI tools (PathosMind and Pressella) are progressing, and strategic partnerships are being onboarded to enhance growth.
4. **Outlook**FY26 has started well, with the Client Success team and AI-driven improvements driving performance. The company aims to democratize PR for 400 million SMEs globally.
5. **Upcoming Events**Pathos will host an investor presentation on February 4, 2026, via Investor Meet Company, open to all shareholders.
CEO Omar Hamdi expressed optimism about the companys prospects, citing its strong financial performance, growth opportunities, and driven team. Pathos remains focused on expanding its reach and developing technology to serve SMEs globally.
Below is the HTML table code comparing the financials and debt (net cash) year-on-year for Pathos Communications PLC based on the provided text:
MetricFY24FY25
Revenue (US$ million)11.413.2
Adjusted EBITDA (US$ million)1.92.9
Net Cash (US$ million)N/A6.2
### Explanation: - **Revenue**: Increased from US$11.4 million in FY24 to US$13.2 million in FY25. - **Adjusted EBITDA**: Increased from US$1.9 million in FY24 to US$2.9 million in FY25. - **Net Cash**: Not available for FY24, but reported as US$6.2 million in FY25. This table provides a clear year-on-year comparison of the key financial metrics mentioned in the text.
B90 logo B90

Trading Update

B90 Holdings PLC

**Summary**
B90 Holdings PLC, a digital marketing group focused on the global i-gaming industry, released a trading update for the year ended December 31, 2025, ahead of its full-year audited results. The company reported
1. **Strong Financial Performance**Revenue is expected to exceed market expectations due to robust campaign performance, while EBITDA is anticipated to align with market forecasts, reflecting higher marketing spend driven by increased competition and rising costs in Google-led acquisition channels.
2. **Operational Highlights**B90 has deepened its use of automation, AI, and machine learning, enabling scalable growth without proportional overhead increases. This has enhanced campaign efficiency, improved partner returns, and supported margin progression. The pay-per-click operations delivered a growing volume of high-quality leads and first-time depositing customers (FTDs) to an expanding B2B partner base.
3. **Strategic Focus**The company maintained a disciplined approach to operational cash generation, funding marketing investments from cash flow. This allowed selective reinvestment in high-performing activities while controlling costs.
4. **Outlook for 2026**B90 expects to continue its strategic focus on automation, AI-driven optimization, and scalable growth. The company is well-positioned to benefit from major global sporting events like the 2026 FIFA World Cup, which historically boost customer acquisition and FTD volumes.
5. **Leadership Commentary**Executive Chairman Ronny Breivik emphasized priorities for 2026, including scaling core operations, increasing automation, selective marketing investment, strengthening partner networks, and disciplined cash management to drive continued growth and improved operating leverage.
B90 remains confident in delivering another year of significant revenue and EBITDA growth. The announcement complies with Market Abuse Regulation (EU) No. 596/2014 as part of UK domestic law.
Since the provided text does not contain specific financial or debt figures for comparison, I'll create a general HTML table structure that you can fill in with actual data once available. The table will compare financials and debt year-on-year (2024 vs. 2025). < lang="en">B90 Holdings PLC Financials and Debt Comparison

B90 Holdings PLC Financials and Debt Comparison (2024 vs. 2025)

td>+X%
Metric20242025Change
Revenue£X,XXX,XXX£X,XXX,XXX+X%
EBITDA£X,XXX,XXX£X,XXX,XXX
Marketing Spend£X,XXX,XXX£X,XXX,XXX+X%
Total Debt£X,XXX,XXX£X,XXX,XXX+/-X%
Cash Generated from Operations£X,XXX,XXX£X,XXX,XXX+X%

Note: Actual figures are not provided in the given text. Please replace placeholders with real data.

This HTML code creates a table with columns for the metric, values for 2024 and 2025, and the percentage change between the two years. The table is styled with basic CSS for readability. Replace the placeholders (`£X,XXX,XXX` and `+X%`) with actual financial data once available.
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2026-02-02
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2026-02-02 29 picks
80 Positive
CCT
Character Group
Positive
**Summary:** The Character Group plc (AIM: CCT) announced the launch of a new share buyback programme, the **2026 Share Buyback Programme**, on February 2, 2026. This follows the completion of its previous buyback programme, which repurchased approximately £3.0 million worth of ordinary shares between October 2024 and January 2026. The new programme aims to repurchase up to £3.0 million worth of ordinary shares, funded by existing cash resources, to enhance shareholder returns and reduce share capital. The Board believes the company’s share price undervalues the Group. The programme will run until January 14, 2027, or until the maximum amount is repurchased, whichever is earlier. It will be executed by Panmure Liberum Limited, adhering to pre-set parameters and regulatory requirements, including the Market Abuse Regulation (EU) No. 596/2014. Repurchased shares will be cancelled. The Company reserves the right to halt the programme under appropriate circumstances. Further regulatory announcements will be made as required. **Key Details:** - **Programme Value:** £3.0 million - **Duration:** February 2, 2026, to January 14, 2027 (or earlier if fully executed) - **Executor:** Panmure Liberum Limited - **Purpose:** Enhance shareholder returns and reduce share capital - **Regulatory Compliance:** Market Abuse Regulation (EU) No. 596/2014
**Summary**
The Character Group plc (AIMCCT) announced the launch of a new share buyback programme, the **2026 Share Buyback Programme**, on February 2, 2026. This follows the completion of its previous buyback programme, which repurchased approximately £3.0 million worth of ordinary shares between October 2024 and January 2026. The new programme aims to repurchase up to £3.0 million worth of ordinary shares, funded by existing cash resources, to enhance shareholder returns and reduce share capital. The Board believes the company’s share price undervalues the Group.
The programme will run until January 14, 2027, or until the maximum amount is repurchased, whichever is earlier. It will be executed by Panmure Liberum Limited, adhering to pre-set parameters and regulatory requirements, including the Market Abuse Regulation (EU) No. 596/2014. Repurchased shares will be cancelled. The Company reserves the right to halt the programme under appropriate circumstances. Further regulatory announcements will be made as required.
**Key Details**
**Programme Value** £3.0 million
**Duration:** February 22026to January 142027 (or earlier if fully executed)
**Executor** Panmure Liberum Limited
**Purpose** Enhance shareholder returns and reduce share capital
**Regulatory Compliance** Market Abuse Regulation (EU) No. 596/2014
BuyBack
14:08
80 Positive
EDEN
Eden Research plc
Positive
**Summary:** Eden Research plc, a UK-listed biopesticide company, announced a retail offer of new ordinary shares to raise up to £500,000. This offer is part of a larger fundraising effort to secure £10.7 million for advancing the development, registration, and commercialization of its insecticide formulation and a new fungicide targeting Late Blight in potatoes. The retail offer is open exclusively to existing shareholders in the United Kingdom, with a minimum subscription of £100 per investor. The shares are offered at 4.0 pence each, representing a 2.6% premium over the recent closing price. The offer is conditional on shareholder approval and the completion of a firm capital raising. Proceeds will support product development and scale-up operations. The offer is managed by Cavendish Capital Markets Limited, with a subscription window from February 2 to February 5, 2026, and admission to trading expected on February 19, 2026. Investors are cautioned about the risks associated with the investment, including potential capital loss and lack of liquidity.
**Summary**
Eden Research plc, a UK-listed biopesticide company, announced a retail offer of new ordinary shares to raise up to £500,000. This offer is part of a larger fundraising effort to secure £10.7 million for advancing the development, registration, and commercialization of its insecticide formulation and a new fungicide targeting Late Blight in potatoes. The retail offer is open exclusively to existing shareholders in the United Kingdom, with a minimum subscription of £100 per investor. The shares are offered at 4.0 pence each, representing a 2.6% premium over the recent closing price. The offer is conditional on shareholder approval and the completion of a firm capital raising. Proceeds will support product development and scale-up operations. The offer is managed by Cavendish Capital Markets Limited, with a subscription window from February 2 to February 5, 2026, and admission to trading expected on February 19, 2026. Investors are cautioned about the risks associated with the investment, including potential capital loss and lack of liquidity.
Launch
12:02
80 Positive
CABP
CAB Payments Holdings Ltd
Positive
**Summary:** CAB Payments Holdings PLC has issued a response to a possible takeover offer from the Helios Consortium, comprising Helios Fund V, Helios Fund III, and Helios Fairfax Partners Corporation (HFP). The Independent Board of CAB Payments, excluding directors Henry Obi and Nitin Kaul, received two non-binding proposals from Helios: an initial proposal on January 17, 2026, and a second proposal on January 29, 2026. Both proposals offered to acquire the entire issued and to-be-issued share capital of CAB Payments at USD 1.05 (GBP 0.77) and USD 1.15 (GBP 0.84) per share, respectively, in cash and an unlisted share alternative. The Independent Board, after careful evaluation, unanimously rejected both proposals, deeming them "highly opportunistic" and undervaluing the companys future prospects. They highlighted several factors that the proposals failed to reflect, including: 1. Strong Total Income performance in FY25. 2. Successful execution of a strategy to deepen market presence and strengthen regulatory relationships. 3. Expansion of geographic footprint with new offices in New York and Abu Dhabi. 4. Strengthening of the operating platform and regulatory infrastructure through a global clearing partnership. The Board remains confident in the companys strategy and long-term value creation potential. Shareholders are advised to take no action at this time. Helios Consortium must announce a firm intention to make an offer or withdraw by March 2, 2026, in accordance with the City Code on Takeovers and Mergers. CAB Payments will release its full-year 2025 results on March 5, 2026, providing further updates on its strategic progress.
**Summary**
CAB Payments Holdings PLC has issued a response to a possible takeover offer from the Helios Consortium, comprising Helios Fund V, Helios Fund III, and Helios Fairfax Partners Corporation (HFP). The Independent Board of CAB Payments, excluding directors Henry Obi and Nitin Kaul, received two non-binding proposals from Helios: an initial proposal on January 17, 2026, and a second proposal on January 29, 2026. Both proposals offered to acquire the entire issued and to-be-issued share capital of CAB Payments at USD 1.05 (GBP 0.77) and USD 1.15 (GBP 0.84) per share, respectively, in cash and an unlisted share alternative.
The Independent Board, after careful evaluation, unanimously rejected both proposals, deeming them "highly opportunistic" and undervaluing the companys future prospects. They highlighted several factors that the proposals failed to reflect, including
1. Strong Total Income performance in FY25.
2. Successful execution of a strategy to deepen market presence and strengthen regulatory relationships.
3. Expansion of geographic footprint with new offices in New York and Abu Dhabi.
4. Strengthening of the operating platform and regulatory infrastructure through a global clearing partnership.
The Board remains confident in the companys strategy and long-term value creation potential. Shareholders are advised to take no action at this time. Helios Consortium must announce a firm intention to make an offer or withdraw by March 2, 2026, in accordance with the City Code on Takeovers and Mergers. CAB Payments will release its full-year 2025 results on March 5, 2026, providing further updates on its strategic progress.
Offers
11:38
88 Trading Edge
3IN
3I Infrastructure PLC
Positive
**Summary:** 3i Infrastructure PLC released an amended Q3 performance update for the period from October 1, 2025, to January 30, 2026, highlighting key developments in its diversified infrastructure portfolio. The company reported strong overall performance, with notable achievements across several investments: - **ESVAGT** expanded its fleet with the delivery of the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two additional SOVs, supported by a €23 million investment from 3iN. - **Joulz** signed agreements to acquire two businesses, expected to increase EBITDA by 70% and expand its geographic and service capabilities, with 3iN contributing up to €107 million in equity. - **TCR** continued to perform well, securing new contracts and increasing its revolving credit facility by €100 million. However, **DNS:NET** faced significant challenges due to a worsening financing environment for German fibre roll-out businesses. The company expects to write down the value of its equity in DNS:NET to zero by March 2026, given the lack of available debt financing. This investment, previously valued at £212 million (5.6% of net asset value), is now considered a disappointing outlier. Other portfolio companies, such as **SRL**, continued to face challenges, while the rest performed in line with or <mark style="background-color:yellow">above</mark> expectations. 3iN remains on track to meet its FY26 dividend target of 13.45 pence per share, covered by net income. The company’s balance sheet shows a net debt position of £500 million, with plans to repay the Revolving Credit Facility using proceeds from future realizations. The Investment Manager hosted a Capital Markets Event in January 2026, providing updates on key portfolio companies, and remains focused on disciplined investment opportunities. **Key Financial Highlights:** - Total income and non-income cash for Q3 2025: £53 million. - FY26 dividend target: 13.45 pence per share (up 6.3% from FY25). - Net debt position as of January 30, 2026: £500 million. The update emphasizes 3iN’s commitment to responsible infrastructure investment, delivering sustainable returns, and positively influencing its portfolio companies.
**Summary**
3i Infrastructure PLC released an amended Q3 performance update for the period from October 1, 2025, to January 30, 2026, highlighting key developments in its diversified infrastructure portfolio. The company reported strong overall performance, with notable achievements across several investments
**ESVAGT** expanded its fleet with the delivery of the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two additional SOVs, supported by a €23 million investment from 3iN.
**Joulz** signed agreements to acquire two businesses, expected to increase EBITDA by 70% and expand its geographic and service capabilities, with 3iN contributing up to €107 million in equity.
**TCR** continued to perform well, securing new contracts and increasing its revolving credit facility by €100 million.
However, **DNSNET** faced significant challenges due to a worsening financing environment for German fibre roll-out businesses. The company expects to write down the value of its equity in DNS:NET to zero by March 2026, given the lack of available debt financing. This investment, previously valued at £212 million (5.6% of net asset value), is now considered a disappointing outlier.
Other portfolio companies, such as **SRL**, continued to face challenges, while the rest performed in line with or <mark style="background-color:yellow">above</mark> expectations. 3iN remains on track to meet its FY26 dividend target of 13.45 pence per share, covered by net income. The company’s balance sheet shows a net debt position of £500 million, with plans to repay the Revolving Credit Facility using proceeds from future realizations.
The Investment Manager hosted a Capital Markets Event in January 2026, providing updates on key portfolio companies, and remains focused on disciplined investment opportunities.
**Key Financial Highlights**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target13.45 pence per share (up 6.3% from FY25).
Net debt position as of January 302026: £500 million.
The update emphasizes 3iN’s commitment to responsible infrastructure investment, delivering sustainable returns, and positively influencing its portfolio companies.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions as mentioned in the text.
MetricFY25FY26 (as of Q3 Update)
Dividend Target (pence per share)12.6513.45 (up 6.3% from FY25)
Total Income and Non-Income Cash (3 months to 31 Dec)Not specified£53 million
Drawings on RCF (£ million)Not specified£504 million
Cash Balance (£ million)Not specified£4 million
Net Debt Position (£ million)Not specified£500 million
DNS:NET Valuation (£ million)£212 million (as of 30 Sep 2025)Expected to be written down to zero by March 2026
Joulz Bolt-on Commitment (£ million)Not applicableUp to €107 million (approximately £91 million)
### Notes: 1. **Dividend Target**: FY26 target is 6.3% higher than FY25. 2. **Income and Non-Income Cash**: Only FY26 data is available for the 3 months to 31 December 2025. 3. **Debt and Cash**: FY26 figures are as of 30 January 2026. 4. **DNS:NET Valuation**: FY25 valuation is provided, with an expected write-down to zero by March 2026. 5. **Joulz Bolt-on Commitment**: New commitment in FY26, not applicable in FY25. This table provides a structured comparison based on the available data in the text.
06:41
80 Positive
NXQ
Nexteq PLC
Positive
**Summary:** Nexteq PLC (AIM: NXQ) announced the launch of **Launchpad**, a turnkey gaming software platform under its Quixant brand, unveiled at ICE Barcelona 2026. Designed for the land-based gaming market, Launchpad simplifies and accelerates the development and deployment of casino games like slot machines, ensuring compliance with global regulatory standards. Powered by Quixant’s established software suite, it offers seamless integration with Quixant hardware, pre-<mark style="background-color:yellow">test</mark>ed certification by GLI (Gaming Laboratories International), and supports both existing hardware customers and online game providers entering the land-based sector. Launchpad enhances Nexteq’s software offerings, strengthens customer relationships, and aligns with the company’s growth strategy. CEO Duncan Faithfull highlighted its positive reception at ICE Barcelona, with early adopters already in discussions, reinforcing Nexteq’s focus on innovation and revenue diversification.
**Summary**
Nexteq PLC (AIMNXQ) announced the launch of **Launchpad**, a turnkey gaming software platform under its Quixant brand, unveiled at ICE Barcelona 2026. Designed for the land-based gaming market, Launchpad simplifies and accelerates the development and deployment of casino games like slot machines, ensuring compliance with global regulatory standards. Powered by Quixant’s established software suite, it offers seamless integration with Quixant hardware, pre-<mark style="background-color:yellow">test</mark>ed certification by GLI (Gaming Laboratories International), and supports both existing hardware customers and online game providers entering the land-based sector. Launchpad enhances Nexteq’s software offerings, strengthens customer relationships, and aligns with the company’s growth strategy. CEO Duncan Faithfull highlighted its positive reception at ICE Barcelona, with early adopters already in discussions, reinforcing Nexteq’s focus on innovation and revenue diversification.
Launch
06:01
80 Positive
BIRD
Blackbird PLC
Positive
**Summary:** Blackbird plc (AIM: BIRD) announced on February 2, 2026, the launch of a new structured pricing model for its browser-based collaborative video editing platform, **elevate.io**. The pricing structure includes a free plan and three paid tiers: **Creator ($10/month)**, **Pro ($30/month)**, and **Business ($100/month)**, designed to align with customer needs and usage requirements. The model was developed based on feedback from initial ideal customer profiles (ICPs) to address distinct use cases and simplify purchasing decisions. Annual billing options were also introduced to provide budget certainty for business customers and strengthen revenue visibility for the company. The tiered pricing encourages customers to upgrade as their needs evolve, supporting longer-term relationships and enterprise-style deployments. Ian McDonough, Blackbird Executive Chair, emphasized that the pricing strategy targets teams and businesses, aligning with elevate.ios focus on saving time through multiplayer editing and instant review capabilities. This move is part of Blackbird plcs scale-up phase, positioning the platform for growth in the SaaS, media, and content creation markets. **Key Points:** - New tiered pricing for elevate.io: Free, Creator, Pro, and Business plans. - Annual billing options introduced for business customers. - Pricing strategy aligns with customer needs and supports long-term growth. - Aimed at professional teams and the Creator Economy.
**Summary**
Blackbird plc (AIMBIRD) announced on February 2, 2026, the launch of a new structured pricing model for its browser-based collaborative video editing platform, **elevate.io**. The pricing structure includes a free plan and three paid tiers: **Creator ($10/month)**, **Pro ($30/month)**, and **Business ($100/month)**, designed to align with customer needs and usage requirements. The model was developed based on feedback from initial ideal customer profiles (ICPs) to address distinct use cases and simplify purchasing decisions. Annual billing options were also introduced to provide budget certainty for business customers and strengthen revenue visibility for the company.
The tiered pricing encourages customers to upgrade as their needs evolve, supporting longer-term relationships and enterprise-style deployments. Ian McDonough, Blackbird Executive Chair, emphasized that the pricing strategy targets teams and businesses, aligning with elevate.ios focus on saving time through multiplayer editing and instant review capabilities. This move is part of Blackbird plcs scale-up phase, positioning the platform for growth in the SaaS, media, and content creation markets.
**Key Points**
New tiered pricing for elevate.ioFree, Creator, Pro, and Business plans.
Annual billing options introduced for business customers.
Pricing strategy aligns with customer needs and supports long-term growth.
Aimed at professional teams and the Creator Economy.
Launch
06:01
80 Positive
UFO
Alien Metals Ltd
Positive
**Summary:** Alien Metals Limited (AIM: UFO) has successfully completed a joint venture (JV) transaction with GreenTech Metals Limited (ASX: GRE) for the Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia. GreenTech acquired a 70% interest in the project, while Alien retained a 30% stake, which is free-carried through the completion of a bankable feasibility study (BFS). The transaction includes a cash payment of A$0.5 million and the issuance of 47 million GreenTech shares to Alien, valued at approximately A$6.11 million. Alien also holds an indirect 17.4% equity stake in GreenTech. The deal strengthens Aliens balance sheet, reduces funding requirements, and preserves upside potential. Additionally, Alien maintains a 30% interest in the historic silver rights at Munni Munni through a separate JV with Crest Silver Pty Ltd, a subsidiary of West Coast Silver Ltd. The transaction aligns with Aliens partner-led strategy, allowing it to focus on its broader asset portfolio, including the Hancock Iron Ore Project and other exploration interests in the Pilbara region.
**Summary**
Alien Metals Limited (AIMUFO) has successfully completed a joint venture (JV) transaction with GreenTech Metals Limited (ASX: GRE) for the Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia. GreenTech acquired a 70% interest in the project, while Alien retained a 30% stake, which is free-carried through the completion of a bankable feasibility study (BFS). The transaction includes a cash payment of A$0.5 million and the issuance of 47 million GreenTech shares to Alien, valued at approximately A$6.11 million. Alien also holds an indirect 17.4% equity stake in GreenTech. The deal strengthens Aliens balance sheet, reduces funding requirements, and preserves upside potential. Additionally, Alien maintains a 30% interest in the historic silver rights at Munni Munni through a separate JV with Crest Silver Pty Ltd, a subsidiary of West Coast Silver Ltd. The transaction aligns with Aliens partner-led strategy, allowing it to focus on its broader asset portfolio, including the Hancock Iron Ore Project and other exploration interests in the Pilbara region.
JV
06:01
80 Positive
FEVR
Fevertree Drinks Plc
Positive
**Summary:** Fevertree Drinks PLC announced the commencement of a share buyback programme on February 2, 2026, with a maximum consideration of £30 million. The programme, which aims to reduce the companys share capital, will run until December 31, 2026, at the la<mark style="background-color:yellow">test</mark>. Fevertree has engaged Investec Bank plc to independently purchase ordinary shares on its behalf, with the intention of canceling any shares acquired. The buyback will be executed within pre-set parameters, adhering to shareholder authority, Market Abuse Regulation, and UKLR guidelines. The company may repurchase up to 25% of the average daily trading volume over the preceding 20 trading days. This initiative follows Fevertrees previous buyback programme in 2025 and is part of its ongoing financial strategy. Fevertree, a leading global supplier of premium carbonated mixers, continues to operate in over 95 countries, serving both on-trade and off-trade markets.
**Summary**
Fevertree Drinks PLC announced the commencement of a share buyback programme on February 2, 2026, with a maximum consideration of £30 million. The programme, which aims to reduce the companys share capital, will run until December 31, 2026, at the la<mark style="background-color:yellow">test</mark>. Fevertree has engaged Investec Bank plc to independently purchase ordinary shares on its behalf, with the intention of canceling any shares acquired. The buyback will be executed within pre-set parameters, adhering to shareholder authority, Market Abuse Regulation, and UKLR guidelines. The company may repurchase up to 25% of the average daily trading volume over the preceding 20 trading days. This initiative follows Fevertrees previous buyback programme in 2025 and is part of its ongoing financial strategy. Fevertree, a leading global supplier of premium carbonated mixers, continues to operate in over 95 countries, serving both on-trade and off-trade markets.
BuyBack
06:01
80 Positive
VTY
Vistry Group PLC
Positive
**Summary:** Vistry Group PLC announced on February 2, 2026, an update on its £130 million share buyback programme, initially launched in September 2024. The company has extended its agreement with Peel Hunt LLP to manage the next tranche of the programme, authorizing the purchase of ordinary shares up to an additional £15 million (excluding fees), with all purchased shares to be cancelled. Vistry Group has also issued an irrevocable instruction to Peel Hunt to manage the programme during the closed period leading up to the publication of its 2025 Full Year Results on March 4, 2026. This move aligns with the companys capital allocation policy. For further details, reference is made to the original September 2024 announcement. Contact information for Vistry Group and its advisors is provided.
**Summary**
Vistry Group PLC announced on February 2, 2026, an update on its £130 million share buyback programme, initially launched in September 2024. The company has extended its agreement with Peel Hunt LLP to manage the next tranche of the programme, authorizing the purchase of ordinary shares up to an additional £15 million (excluding fees), with all purchased shares to be cancelled. Vistry Group has also issued an irrevocable instruction to Peel Hunt to manage the programme during the closed period leading up to the publication of its 2025 Full Year Results on March 4, 2026. This move aligns with the companys capital allocation policy. For further details, reference is made to the original September 2024 announcement. Contact information for Vistry Group and its advisors is provided.
BuyBack
06:01
88 Trading Edge
3IN
3I Infrastructure PLC
Positive
**3i Infrastructure PLC Q3 Performance Update (October 2025 - January 2026)** **Key Highlights:** 1. **Portfolio Performance:** - **ESVAGT:** Delivered the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two operational SOVs, expanding its fleet to 12 vessels with 3 more under construction. - **Joulz:** Signed agreements to acquire two businesses, expected to complete in Q1 2026, increasing EBITDA by ~70% and expanding into new geographies and segments. 3iN to invest up to €107 million. - **TCR:** Continued strong performance with new contract wins and a €100 million increase in its revolving credit facility. Strategic review on track. - **DNS:NET:** Operationally on track but faces significant challenges due to a worsening financing environment for German fibre roll-out businesses. Equity value likely to be written down to zero by March 2026. - **SRL:** Ongoing challenges with cautious recovery expectations. - **Other Portfolio Companies:** Performing in line with or <mark style="background-color:yellow">above</mark> September 2025 expectations. 2. **Financials:** - Total income and non-income cash for Q3 2025: £53 million. - FY26 dividend target of 13.45 pence per share (up 6.3% from FY25) remains on track, covered by net income. - Balance sheet: £504 million drawn on £900 million RCF, £4 million cash balance, net debt of £500 million after funding Joulz acquisitions. 3. **Strategic Updates:** - Investment Manager progressing near-term investment opportunities with disciplined pricing and timing. - Capital Markets Event held in January 2026 featured updates from Tampnet, Infinis, and ESVAGT. 4. **Outlook:** - DNS:NET’s challenges are a "disappointing outlier," but the overall portfolio remains diversified and resilient. - Focus on repaying the RCF with proceeds from future realisations. **Conclusion:** 3i Infrastructure PLC’s diversified portfolio delivered strong performance in Q3, with notable growth in ESVAGT and Joulz, despite challenges at DNS:NET and SRL. The company remains on track to meet its FY26 dividend target and continues to pursue disciplined investment opportunities.
**3i Infrastructure PLC Q3 Performance Update (October 2025 - January 2026)**
**Key Highlights**
1. **Portfolio Performance**
**ESVAGT** Delivered the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two operational SOVs, expanding its fleet to 12 vessels with 3 more under construction.
**Joulz** Signed agreements to acquire two businesses, expected to complete in Q1 2026, increasing EBITDA by ~70% and expanding into new geographies and segments. 3iN to invest up to €107 million.
**TCR** Continued strong performance with new contract wins and a €100 million increase in its revolving credit facility. Strategic review on track.
**DNSNET:** Operationally on track but faces significant challenges due to a worsening financing environment for German fibre roll-out businesses. Equity value likely to be written down to zero by March 2026.
**SRL** Ongoing challenges with cautious recovery expectations.
**Other Portfolio Companies** Performing in line with or <mark style="background-color:yellow">above</mark> September 2025 expectations.
2. **Financials**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target of 13.45 pence per share (up 6.3% from FY25) remains on track, covered by net income.
Balance sheet£504 million drawn on £900 million RCF, £4 million cash balance, net debt of £500 million after funding Joulz acquisitions.
3. **Strategic Updates**
Investment Manager progressing near-term investment opportunities with disciplined pricing and timing.
Capital Markets Event held in January 2026 featured updates from Tampnet, Infinis, and ESVAGT.
4. **Outlook**
DNSNET’s challenges are a "disappointing outlier," but the overall portfolio remains diversified and resilient.
Focus on repaying the RCF with proceeds from future realisations.
**Conclusion**
3i Infrastructure PLC’s diversified portfolio delivered strong performance in Q3, with notable growth in ESVAGT and Joulz, despite challenges at DNS:NET and SRL. The company remains on track to meet its FY26 dividend target and continues to pursue disciplined investment opportunities.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions between the periods mentioned (FY25 and FY26).
MetricFY25FY26 (as of 30 Jan 2026)
Dividend per Share12.65 pence13.45 pence (target, up 6.3%)
Total Income and Non-Income Cash (3 months to Dec)Not specified£53 million
Net Debt PositionNot specified£500 million
RCF DrawingsNot specified£504 million (out of £900 million RCF)
Cash BalanceNot specified£4 million
DNS:NET Valuation£212 million (5.6% of NAV)Expected write-down to £0 by March 2026
Joulz Equity CommitmentNot applicableUp to €107 million
TCR Revolving Credit Facility IncreaseNot applicable€100 million (closed in Dec 2025)
### Notes: 1. **FY25 vs FY26**: The table compares available data from FY25 (e.g., DNS:NET valuation) with FY26 updates (e.g., dividend target, net debt). 2. **Missing Data**: Some FY25 figures (e.g., net debt, RCF drawings) are not provided in the text, so they are marked as "Not specified." 3. **Key Changes**: Highlights include a 6.3% dividend increase, a significant write-down of DNS:NET, and increased debt due to RCF drawings and Joulz commitments. This table can be embedded in an HTML document for clear year-on-year comparison.
06:01
93 Strong Beat
VARE
Various Eateries PLC
Positive
**Summary of Various Eateries PLC Full Year Results for FY25 (52 weeks ended 28 September 2025):** **Financial Highlights:** - **Revenue Growth:** Increased by 6% to £52.4 million (FY24: £49.5 million). - **Like-for-Like (LFL) Sales Growth:** 2% overall, with Coppa Club leading at +3%. H2 LFL growth accelerated to 4%. - **Adjusted EBITDA:** Record £1.4 million (FY24: £0.3 million), driven by strong trading and operational improvements. - **Gross Profit:** Surged 64% to £5.7 million (FY24: £3.5 million). - **Cash Position:** Cash at bank rose to £8.0 million (FY24: £5.8 million), with net cash at £4.6 million (FY24: £2.7 million). **Operational Highlights:** - **Operational Execution:** Improvements in service delivery, menu focus, labour deployment, and cost discipline. - **Site Performance:** Enhanced conversion rates supported by stronger venue leadership and consistent execution. - **Leadership Strengthening:** Appointment of Mark Loughborough as CEO in January 2025. - **Estate Investment:** Successful refurbishments and targeted enhancements to customer propositions. **Post-Period Highlights:** - **Strong Start to FY26:** Group LFL sales up 9% in the festive period, led by Coppa Club (+12%). - **Brand Consolidation:** Focus on Coppa Club and Noci brands, with active exploration of new Coppa Club sites. - **M&A Opportunities:** Proactively evaluating high-quality, complementary acquisitions. - **Leadership Expansion:** Appointment of new Managing Director and Culinary Director. **CEO’s Statement (Mark Loughborough):** - FY25 marked a clear step forward with improved execution, stronger operational foundations, and record profitability. - Focus on scaling brands, selective estate investment, and exploring M&A opportunities for sustainable growth. **Chairman’s Statement:** - FY25 was an inflection year with a return to LFL growth, improved profitability, and strengthened operational foundations. - Momentum carried into FY26, supported by a robust leadership team and a disciplined approach to growth. **Financial Review:** - **Revenue:** £52.4 million, up 6% YoY. - **Adjusted EBITDA:** £5.5 million (IFRS 16), up 27% YoY. - **Loss Before Tax:** Reduced to £2.7 million (FY24: £3.4 million). - **Net Cash Flow from Operations:** £7.76 million (FY24: £2.31 million). - **Net Debt:** £24.5 million (FY24: £28.7 million). **Future Outlook:** - Confident in delivering strong performance in FY26, with a focus on organic growth and strategic M&A. - Continued investment in Coppa Club and Noci brands, alongside operational excellence and cost discipline. **Conclusion:** Various Eateries PLC demonstrated resilience and growth in FY25, achieving record financial and operational milestones. With a strengthened leadership team and a clear strategic focus, the company is well-positioned for sustainable expansion in FY26 and beyond.
**Summary of Various Eateries PLC Full Year Results for FY25 (52 weeks ended 28 September 2025):**
**Financial Highlights**
**Revenue Growth** Increased by 6% to £52.4 million (FY24: £49.5 million).
**Like-for-Like (LFL) Sales Growth** 2% overall, with Coppa Club leading at +3%. H2 LFL growth accelerated to 4%.
**Adjusted EBITDA** Record £1.4 million (FY24: £0.3 million), driven by strong trading and operational improvements.
**Gross Profit** Surged 64% to £5.7 million (FY24: £3.5 million).
**Cash Position** Cash at bank rose to £8.0 million (FY24: £5.8 million), with net cash at £4.6 million (FY24: £2.7 million).
**Operational Highlights**
**Operational Execution** Improvements in service delivery, menu focus, labour deployment, and cost discipline.
**Site Performance** Enhanced conversion rates supported by stronger venue leadership and consistent execution.
**Leadership Strengthening** Appointment of Mark Loughborough as CEO in January 2025.
**Estate Investment** Successful refurbishments and targeted enhancements to customer propositions.
**Post-Period Highlights**
**Strong Start to FY26** Group LFL sales up 9% in the festive period, led by Coppa Club (+12%).
**Brand Consolidation** Focus on Coppa Club and Noci brands, with active exploration of new Coppa Club sites.
**M&A Opportunities** Proactively evaluating high-quality, complementary acquisitions.
**Leadership Expansion** Appointment of new Managing Director and Culinary Director.
**CEO’s Statement (Mark Loughborough)**
FY25 marked a clear step forward with improved execution, stronger operational foundations, and record profitability.
Focus on scaling brands, selective estate investment, and exploring M&A opportunities for sustainable growth.
**Chairman’s Statement**
FY25 was an inflection year with a return to LFL growth, improved profitability, and strengthened operational foundations.
Momentum carried into FY26, supported by a robust leadership team and a disciplined approach to growth.
**Financial Review**
**Revenue:** £52.4 millionup 6% YoY.
**Adjusted EBITDA** £5.5 million (IFRS 16), up 27% YoY.
**Loss Before Tax** Reduced to £2.7 million (FY24: £3.4 million).
**Net Cash Flow from Operations** £7.76 million (FY24: £2.31 million).
**Net Debt** £24.5 million (FY24: £28.7 million).
**Future Outlook**
Confident in delivering strong performance in FY26, with a focus on organic growth and strategic M&A.
Continued investment in Coppa Club and Noci brands, alongside operational excellence and cost discipline.
**Conclusion**
Various Eateries PLC demonstrated resilience and growth in FY25, achieving record financial and operational milestones. With a strengthened leadership team and a clear strategic focus, the company is well-positioned for sustainable expansion in FY26 and beyond.
Here is the HTML table code comparing the financials and debt year on year for Various Eateries PLC:
MetricFY25 (£'000)FY24 (£'000)Change (%)
Revenue52,37649,4866%
Adjusted EBITDA (before IFRS 16)1,355300352%
Adjusted EBITDA (IFRS 16)5,5384,35527%
Operating Loss(785)(928)(15%)
Total Loss for the Year After Tax(2,733)(3,357)(19%)
Net Cash / (Debt) Excluding IFRS 16 Lease Liability4,5872,69070%
Cash at Bank8,0005,80038%
Net Cash4,6002,70070%
Borrowings (Current)3,3903,1398%
Borrowings (Non-Current)24,93427,424(9%)
**Notes:** * The table compares key financial metrics and debt figures for Various Eateries PLC between FY25 and FY24. * Figures are in thousands of pounds (£'000). * The change percentage is calculated as ((FY25 - FY24) / FY24) * 100. * The table includes metrics such as revenue, adjusted EBITDA, operating loss, net cash, and borrowings. This table provides a clear and concise comparison of the company's financial performance and debt position year on year.
06:01
88 Trading Edge
XPF
XP Factory PLC
Positive
**Summary:** XP Factory Plc, a leading UK experiential leisure company operating the Escape Hunt and Boom Battle Bar brands, released a trading update for the 2025/26 festive period. Key highlights include: 1. **Record Quarterly Sales**: UK Owned and Operated (O&O) revenue grew by 4.2% in the 13 weeks to December 28, 2025, with Escape Hunt O&O sales up 10.0% driven by new site openings and 6.4% like-for-like (LFL) growth. 2. **Financial Performance**: Year-to-date Group unaudited pre-IFRS 16 adjusted EBITDA reached £4.8m, slightly <mark style="background-color:yellow">above</mark> the prior year. Escape Hunt maintained strong site-level EBITDA margins of circa 43%, while Boom’s margins were circa 18%. 3. **Boom Challenges**: Boom O&O sales grew 2.5%, but LFL sales declined by 7.2% due to weak consumer demand, despite strong corporate bookings. Labour cost increases and sector softness impacted margins. 4. **Cost Control**: The company achieved £2m in annualised cost savings to mitigate rising costs and LFL declines. 5. **Net Debt**: As of December 28, 2025, net debt stood at £5.6m. 6. **Outlook**: FY26 EBITDA is expected to be below market estimates, with pre-IFRS 16 adjusted EBITDA projected at £5.0m to £6.0m. FY27 will focus on consolidation, with a slower pace of new site openings due to macroeconomic uncertainty. 7. **Long-Term Confidence**: Despite near-term challenges, XP Factory remains confident in its long-term growth potential, positioning itself as a leader in the consolidating experiential leisure and competitive socialising sectors. The company highlighted Escape Hunt’s resilience and Boom’s potential to thrive once market conditions improve, emphasizing its scale advantage in a consolidating industry.
**Summary**
XP Factory Plc, a leading UK experiential leisure company operating the Escape Hunt and Boom Battle Bar brands, released a trading update for the 2025/26 festive period. Key highlights include
1. **Record Quarterly Sales**UK Owned and Operated (O&O) revenue grew by 4.2% in the 13 weeks to December 28, 2025, with Escape Hunt O&O sales up 10.0% driven by new site openings and 6.4% like-for-like (LFL) growth.
2. **Financial Performance**Year-to-date Group unaudited pre-IFRS 16 adjusted EBITDA reached £4.8m, slightly <mark style="background-color:yellow">above</mark> the prior year. Escape Hunt maintained strong site-level EBITDA margins of circa 43%, while Boom’s margins were circa 18%.
3. **Boom Challenges**Boom O&O sales grew 2.5%, but LFL sales declined by 7.2% due to weak consumer demand, despite strong corporate bookings. Labour cost increases and sector softness impacted margins.
4. **Cost Control**The company achieved £2m in annualised cost savings to mitigate rising costs and LFL declines.
5. **Net Debt**: As of December 282025net debt stood at £5.6m.
6. **Outlook**FY26 EBITDA is expected to be below market estimates, with pre-IFRS 16 adjusted EBITDA projected at £5.0m to £6.0m. FY27 will focus on consolidation, with a slower pace of new site openings due to macroeconomic uncertainty.
7. **Long-Term Confidence**Despite near-term challenges, XP Factory remains confident in its long-term growth potential, positioning itself as a leader in the consolidating experiential leisure and competitive socialising sectors.
The company highlighted Escape Hunt’s resilience and Boom’s potential to thrive once market conditions improve, emphasizing its scale advantage in a consolidating industry.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric2024/252025/26Change
UK O&O Revenue Growth (13 weeks to 28 Dec)N/A+4.2%N/A
Year-to-Date Group Adjusted EBITDA (39 weeks to 28 Dec)£4.7m£4.8m+£0.1m
Escape Hunt UK O&O Sales Growth (13 weeks to 28 Dec)N/A+10.0%N/A
Escape Hunt UK LFL Sales Growth (13 weeks to 28 Dec)N/A+6.4%N/A
Boom UK O&O Sales Growth (13 weeks to 28 Dec)N/A+2.5%N/A
Boom UK LFL Sales Decline (13 weeks to 28 Dec)N/A-7.2%N/A
Net Debt Position (as at 28 Dec)N/A£5.6mN/A
FY Pre-IFRS16 Adjusted EBITDA GuidanceN/A£5.0m - £6.0mBelow market estimates
Labour Cost Inflation Impact (Annualised)N/A£1.5mN/A
Cost Savings Achieved (Annualised)N/A£2.0mN/A
### Notes: - **N/A**: Indicates data not available for comparison. - **Change**: Where applicable, the change is highlighted; otherwise, it is marked as N/A. - **FY Pre-IFRS16 Adjusted EBITDA Guidance**: The 2025/26 guidance is below market estimates, reflecting challenging market conditions. - **Labour Cost Inflation Impact** and **Cost Savings Achieved**: These are new metrics for 2025/26, reflecting increased focus on cost control. This table provides a clear comparison of key financials and debt metrics between the two years based on the provided text.
06:01
93 Strong Beat
SSON
Smithson Investment Trust PLC
Positive
**Summary of Smithson Investment Trust PLC Interim Results Announcement (February 2026):** **Overview:** Smithson Investment Trust PLC released its interim results for the twelve months ended December 31, 2025, highlighting financial performance, strategic changes, and future plans. The report emphasizes the proposed restructuring into an open-ended investment company (OEIC) to address persistent share price discounts and enhance shareholder value. **Financial Performance:** - **Net Asset Value (NAV):** Decreased to £1,720,475,000 from £2,129,897,000 in 2024. - **NAV per Share:** Fell to 1,601.5p from 1,631.8p. - **Share Price:** Increased to 1,566.0p from 1,484.0p, with a discount to NAV narrowing to 2.2% from 9.1%. - **Total Return:** NAV total return was -1.8%, while share price total return was +5.6%, underperforming the MSCI World SMID Cap Index (+10.2%). - **Ongoing Charges Ratio:** Remained stable at 0.9%. **Strategic Changes:** - **Proposed Restructuring:** The Board recommends converting the company into an OEIC, allowing shareholders to participate in the same investment strategy or exit at close to NAV. This aims to eliminate the persistent share price discount. - **Share Buybacks:** Repurchased 23.1 million shares in 2025, totaling 69.7 million shares (nearly 40% of pre-buyback shares) since April 2022. Buybacks ceased after the restructuring announcement. - **Dividend:** Announced an interim dividend of 2.1 pence per share for the 18-month period to June 30, 2026, to maintain investment trust tax status. **Investment Performance:** - **Portfolio Performance:** NAV per share total return was -1.8%, compared to +10.2% for the MSCI World SMID Index. Annualized NAV performance since inception (2018) is +6.8% pa, versus +8.6% pa for the index. - **Portfolio Changes:** Increased exposure to Information Technology and Healthcare sectors, while reducing Industrials. Notable acquisitions include Vertiv Holdings, Adma Biologics, and Nutanix. Sales included Verisk Analytics, Exponent, and Choice Hotels. - **AI Exposure:** Approximately 5% of the portfolio is exposed to AI-related companies, with Vertiv Holdings being a significant contributor. **Shareholder Engagement:** - **General Meetings:** Shareholders approved resolutions to increase distributable reserves and authorize share repurchases. Two general meetings are scheduled for February 2026 to approve the OEIC conversion. - **Board Changes:** Mike Balfour took over as Chair, and Sarika Patel joined as a non-executive director and Chair of the Audit Committee. **Outlook:** - **Restructuring Benefits:** The OEIC structure will allow daily buying and selling at NAV, eliminating discounts. Shareholders can choose to roll over into the new Smithson Equity Fund or receive cash at NAV. - **Investment Strategy:** The existing strategy will be replicated in the OEIC, managed by Fundsmith, focusing on high-quality, growing companies. - **Market Conditions:** The portfolio is positioned to benefit from changing market dynamics, with a focus on quality and valuation discipline. **Conclusion:** Smithson Investment Trust PLC’s interim results reflect a challenging year for performance but highlight significant strategic initiatives to enhance shareholder value. The proposed restructuring into an OEIC aims to address long-standing issues with share price discounts, offering shareholders greater flexibility and alignment with the investment strategy. The Board remains focused on long-term growth and shareholder interests.
**Summary of Smithson Investment Trust PLC Interim Results Announcement (February 2026):**
**Overview**
Smithson Investment Trust PLC released its interim results for the twelve months ended December 31, 2025, highlighting financial performance, strategic changes, and future plans. The report emphasizes the proposed restructuring into an open-ended investment company (OEIC) to address persistent share price discounts and enhance shareholder value.
**Financial Performance**
**Net Asset Value (NAV)** Decreased to £1,720,475,000 from £2,129,897,000 in 2024.
**NAV per Share:** Fell to 1601.5p from 1631.8p.
**Share Price** Increased to 1,566.0p from 1,484.0p, with a discount to NAV narrowing to 2.2% from 9.1%.
**Total Return** NAV total return was -1.8%, while share price total return was +5.6%, underperforming the MSCI World SMID Cap Index (+10.2%).
**Ongoing Charges Ratio** Remained stable at 0.9%.
**Strategic Changes**
**Proposed Restructuring** The Board recommends converting the company into an OEIC, allowing shareholders to participate in the same investment strategy or exit at close to NAV. This aims to eliminate the persistent share price discount.
**Share Buybacks** Repurchased 23.1 million shares in 2025, totaling 69.7 million shares (nearly 40% of pre-buyback shares) since April 2022. Buybacks ceased after the restructuring announcement.
**Dividend** Announced an interim dividend of 2.1 pence per share for the 18-month period to June 30, 2026, to maintain investment trust tax status.
**Investment Performance**
**Portfolio Performance** NAV per share total return was -1.8%, compared to +10.2% for the MSCI World SMID Index. Annualized NAV performance since inception (2018) is +6.8% pa, versus +8.6% pa for the index.
**Portfolio Changes** Increased exposure to Information Technology and Healthcare sectors, while reducing Industrials. Notable acquisitions include Vertiv Holdings, Adma Biologics, and Nutanix. Sales included Verisk Analytics, Exponent, and Choice Hotels.
**AI Exposure** Approximately 5% of the portfolio is exposed to AI-related companies, with Vertiv Holdings being a significant contributor.
**Shareholder Engagement**
**General Meetings** Shareholders approved resolutions to increase distributable reserves and authorize share repurchases. Two general meetings are scheduled for February 2026 to approve the OEIC conversion.
**Board Changes** Mike Balfour took over as Chair, and Sarika Patel joined as a non-executive director and Chair of the Audit Committee.
**Outlook**
**Restructuring Benefits** The OEIC structure will allow daily buying and selling at NAV, eliminating discounts. Shareholders can choose to roll over into the new Smithson Equity Fund or receive cash at NAV.
**Investment Strategy** The existing strategy will be replicated in the OEIC, managed by Fundsmith, focusing on high-quality, growing companies.
**Market Conditions** The portfolio is positioned to benefit from changing market dynamics, with a focus on quality and valuation discipline.
**Conclusion**
Smithson Investment Trust PLC’s interim results reflect a challenging year for performance but highlight significant strategic initiatives to enhance shareholder value. The proposed restructuring into an OEIC aims to address long-standing issues with share price discounts, offering shareholders greater flexibility and alignment with the investment strategy. The Board remains focused on long-term growth and shareholder interests.
Here is the HTML table code comparing the financials and debt year on year for Smithson Investment Trust PLC:
Metric20242025Change
Net Assets (£'000)2,129,8971,720,475-19.2%
Net Asset Value (NAV) per share (p)1,631.81,601.5-1.9%
Share Price (p)1,484.01,566.0+5.5%
Share Price Discount to NAV (%)9.1%2.2%-7.9%
NAV Total Return per share (%)2.1%-1.8%-3.9%
Share Price Total Return (%)4.9%5.6%+0.7%
Ongoing Charges Ratio (%)0.9%0.9%0%
Total Loss After Tax (£'000)(8,112)(62,839)-675.9%
Capital Loss (£'000)(12,483)(67,474)-440.5%
Revenue Profit (£'000)4,3714,635+6.0%
**Notes:** * The table compares key financials and debt metrics for Smithson Investment Trust PLC between 2024 and 2025. * The data is extracted from the provided text, which includes the company's interim results announcement. * The "Change" column calculates the percentage change between 2024 and 2025 for each metric. * The table does not include all metrics mentioned in the text, but focuses on the most relevant financials and debt-related figures. This table provides a clear and concise comparison of the company's financial performance and debt position between the two years.
06:01
88 Trading Edge
TOO
Tooru Plc
Positive
**Summary:** Tooru PLC, an AIM-listed company specializing in the branded health and wellness sector, announced significant progress for its retail-focused free-from brand, OAF. Initially launched by its subsidiary Juvela with listings in TESCO, OAF has seen strong sales growth and expanded product offerings in TESCO stores, including three new products set to launch after Easter. Additionally, ASDA, another major UK retailer, will begin listing select OAF products in its stores starting April 2026. This expansion highlights OAF’s growing appeal in the fast-growing free-from market, driven by increasing consumer demand for healthier, ingredient-conscious food options. CEO Scott Livingston expressed optimism about continued distribution growth across Tooru’s portfolio, anticipating further sales growth in the coming year. The announcement underscores Tooru’s strategic focus on capitalizing on the health and wellness trend.
**Summary**
Tooru PLC, an AIM-listed company specializing in the branded health and wellness sector, announced significant progress for its retail-focused free-from brand, OAF. Initially launched by its subsidiary Juvela with listings in TESCO, OAF has seen strong sales growth and expanded product offerings in TESCO stores, including three new products set to launch after Easter. Additionally, ASDA, another major UK retailer, will begin listing select OAF products in its stores starting April 2026. This expansion highlights OAF’s growing appeal in the fast-growing free-from market, driven by increasing consumer demand for healthier, ingredient-conscious food options. CEO Scott Livingston expressed optimism about continued distribution growth across Tooru’s portfolio, anticipating further sales growth in the coming year. The announcement underscores Tooru’s strategic focus on capitalizing on the health and wellness trend.
The provided text does not contain any financial or debt-related data for comparison. It is a press release announcing the listing of Tooru PLC's OAF brand in ASDA stores, along with some operational updates. Since there is no financial or debt information available, I cannot generate an HTML table comparing financials and debt year on year. However, if you provide the necessary financial data, I'd be happy to help create the HTML table. Here's an example of what the table structure might look like:
YearRevenue (£)Net Income (£)Total Debt (£)Debt-to-Equity Ratio
2025............
2026............
Please provide the relevant financial data, and I'll be happy to assist you in creating the HTML table.
06:01
88 Trading Edge
EMVC
EMV Capital plc
Positive
**Summary:** EMV Capital PLC, a deep tech, life sciences, and sustainability venture capital investment group, released a trading and portfolio update for the year ended 31 December 2025. The company reported strong operational and portfolio performance, with total Assets Under Management (AUM) exceeding £100 million. Key highlights include: 1. **Operational Growth**: Scaling of the core venture capital platform, increased AUM, and strengthened revenue streams. 2. **Portfolio Support**: Syndicated fundraisings totaling £12.0 million across 14 portfolio companies, and advancement of the Venture Building program, generating £10.4 million in fair value creation. 3. **Strategic Acquisitions**: Acquisition of XF-73 intellectual property and clinical assets from Destiny Pharma Limited, forming AMR Bio Limited. 4. **Financial Performance**: Group revenue grew by 16% to £2.8 million, driven by higher corporate finance fees and increased fundraising activity. EMV Capital core revenue increased to £3.2 million, covering a significant portion of operating costs. 5. **Portfolio Highlights**: Notable progress in portfolio companies like Wanda Health, EpiBone, AMR Bio, Deeptech Recycling Technologies, Sofant Technologies, Q-Bot, and Martlet Capital, with successful fundraisings, strategic milestones, and value creation. Despite challenging market conditions, EMV Capital remains focused on disciplined capital deployment, proactive portfolio management, and scaling its platforms. The company is well-positioned to navigate market uncertainty and benefit from a recovery in capital markets.
**Summary**
EMV Capital PLC, a deep tech, life sciences, and sustainability venture capital investment group, released a trading and portfolio update for the year ended 31 December 2025. The company reported strong operational and portfolio performance, with total Assets Under Management (AUM) exceeding £100 million. Key highlights include
1. **Operational Growth**Scaling of the core venture capital platform, increased AUM, and strengthened revenue streams.
2. **Portfolio Support**Syndicated fundraisings totaling £12.0 million across 14 portfolio companies, and advancement of the Venture Building program, generating £10.4 million in fair value creation.
3. **Strategic Acquisitions**Acquisition of XF-73 intellectual property and clinical assets from Destiny Pharma Limited, forming AMR Bio Limited.
4. **Financial Performance**Group revenue grew by 16% to £2.8 million, driven by higher corporate finance fees and increased fundraising activity. EMV Capital core revenue increased to £3.2 million, covering a significant portion of operating costs.
5. **Portfolio Highlights**Notable progress in portfolio companies like Wanda Health, EpiBone, AMR Bio, Deeptech Recycling Technologies, Sofant Technologies, Q-Bot, and Martlet Capital, with successful fundraisings, strategic milestones, and value creation.
Despite challenging market conditions, EMV Capital remains focused on disciplined capital deployment, proactive portfolio management, and scaling its platforms. The company is well-positioned to navigate market uncertainty and benefit from a recovery in capital markets.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric20242025Change
Total AUM (£ million)98.5>100+1.5% (minimum)
Group Revenue (£ million)2.5~2.8+12%
EMV Capital Core Revenue (£ million)2.4~3.2+33.3%
Group Cash Balance (£ million)1.00.5-50%
Quoted Securities (£ million)1.4~0.3-78.6%
Syndicated Fundraisings (£ million)10.612.0+13.2%
Portfolio Companies Supported1214+16.7%
### Notes: 1. **AUM**: The 2025 figure is stated as "in excess of £100 million," so the change is calculated based on the minimum increase. 2. **Revenue and Cash Figures**: Approximate values are denoted with "~" as per the text. 3. **Syndicated Fundraisings and Portfolio Companies**: Direct year-on-year comparisons are provided based on the given data. 4. **Quoted Securities**: The decrease reflects the reduction in readily realisable quoted securities held by the Group. This table provides a clear comparison of key financial and operational metrics between 2024 and 2025.
06:01
84 Broker Upgrade
BSFA
BSF Enterprise Plc
Positive
**Summary of BSF Enterprise PLCs Annual Financial Report (2025):** BSF Enterprise PLC, a leader in tissue-engineered materials, released its Annual Report for the year ended September 30, 2025, highlighting significant progress across its subsidiaries and strategic initiatives. **Key Highlights:** 1. **Commercial and Technical Progress:** - Subsidiaries 3D Bio-Tissues (3DBT), Lab-Grown Leather (LGL), and Kerato achieved notable advancements. - Launched CytoBoost™ bioactive media additive and expanded City-Mix™ for cost-effective cultivated meat production. - Developed the worlds first 2mm-thick scaffold-free leather, collaborating with luxury fashion brands. - Secured a licensing agreement with the University of Montreal for liquid cornea technology, with veterinary trials planned for 2026 and human trials in 2027. 2. **Financial Performance:** - Reduced net loss to £1,013,527 (from £1,672,291 in 2024) due to cost control and increased grant income. - Strategic fundraising initiatives, including shareholder approval for up to £15 million via warrants, to support commercialization, spin-outs, and expansion in Greater China. 3. **Strategic Achievements:** - Expanded into Greater China, laying the foundation for local cultivated meat production. - Strengthened sustainability and ESG commitments, aligning with the Task Force on Climate-Related Financial Disclosures (TCFD). 4. **Future Plans (2026):** - Commercialize CytoBoost™ and City-mixⓇ. - Scale up lab-grown leather production and produce T-Rex leather for sale. - Complete veterinary clinical trials for corneal implants, advancing toward human trials in 2027. - Expand cultivated meat production in Greater China. - Explore acquisitions of compatible businesses. **Financial Summary:** - Revenue: £52,840 (2024: £57,821) - Loss before taxation: £1,216,970 (2024: £1,797,506) - Loss for the year: £1,113,527 (2024: £1,672,291) - Cash and cash equivalents: £149,020 (2024: £637,656) **Corporate Governance and Sustainability:** - Committed to ethical values, shareholder engagement, and sustainability. - Adopted anti-bribery and anti-corruption policies. - Focused on diversity and environmental responsibility, aligning with TCFD recommendations. **Conclusion:** BSF Enterprise PLC demonstrated significant progress in 2025, with strategic advancements, reduced losses, and a clear roadmap for 2026. The company is well-positioned for long-term growth in sustainable, tissue-engineered materials, supported by strong governance and sustainability commitments.
**Summary of BSF Enterprise PLCs Annual Financial Report (2025):**
BSF Enterprise PLC, a leader in tissue-engineered materials, released its Annual Report for the year ended September 30, 2025, highlighting significant progress across its subsidiaries and strategic initiatives.
**Key Highlights**
1. **Commercial and Technical Progress**
Subsidiaries 3D Bio-Tissues (3DBT), Lab-Grown Leather (LGL), and Kerato achieved notable advancements.
Launched CytoBoost™ bioactive media additive and expanded City-Mix™ for cost-effective cultivated meat production.
Developed the worlds first 2mm-thick scaffold-free leather, collaborating with luxury fashion brands.
Secured a licensing agreement with the University of Montreal for liquid cornea technology, with veterinary trials planned for 2026 and human trials in 2027.
2. **Financial Performance**
Reduced net loss to £1,013,527 (from £1,672,291 in 2024) due to cost control and increased grant income.
Strategic fundraising initiatives, including shareholder approval for up to £15 million via warrants, to support commercialization, spin-outs, and expansion in Greater China.
3. **Strategic Achievements**
Expanded into Greater China, laying the foundation for local cultivated meat production.
Strengthened sustainability and ESG commitments, aligning with the Task Force on Climate-Related Financial Disclosures (TCFD).
4. **Future Plans (2026)**
Commercialize CytoBoost™ and City-mixⓇ.
Scale up lab-grown leather production and produce T-Rex leather for sale.
Complete veterinary clinical trials for corneal implants, advancing toward human trials in 2027.
Expand cultivated meat production in Greater China.
Explore acquisitions of compatible businesses.
**Financial Summary**
Revenue: £52840 (2024: £57821)
Loss before taxation: £1216970 (2024: £1797506)
Loss for the year: £1113527 (2024: £1672291)
Cash and cash equivalents: £149020 (2024: £637656)
**Corporate Governance and Sustainability:**
Committed to ethical valuesshareholder engagementand sustainability.
Adopted anti-bribery and anti-corruption policies.
Focused on diversity and environmental responsibility, aligning with TCFD recommendations.
**Conclusion**
BSF Enterprise PLC demonstrated significant progress in 2025, with strategic advancements, reduced losses, and a clear roadmap for 2026. The company is well-positioned for long-term growth in sustainable, tissue-engineered materials, supported by strong governance and sustainability commitments.
Here is the HTML table code comparing the financials and debt year on year for BSF Enterprise PLC: tr>
Financial Metric2024 (£)2025 (£)Change (£)Change (%)
Revenue57,82152,840(4,981)(8.61%)
Gross Loss(26,644)(18,159)8,48531.85%
Operating Loss(1,791,360)(1,215,089)576,27132.17%
Loss Before Taxation(1,797,506)(1,216,970)580,53632.29%
Loss for the Year(1,672,291)(1,113,527)558,76433.41%
Cash and Cash Equivalents637,656149,020(488,636)(76.66%)
Total Assets3,495,4573,006,895(488,562)(13.98%)
Total Liabilities305,075289,016(16,059)(5.26%)
Total Equity3,190,3822,717,879(472,503)(14.81%)
0.00%
Debt Metric2024 (£)2025 (£)Change (£)Change (%)
Lease Liabilities (Current)78,0500(78,050)(100.00%)
Lease Liabilities (Non-Current)0000.00%
Total Lease Liabilities78,0500(78,050)
**Notes:** * The financial metrics are extracted from the Consolidated Statement of Comprehensive Income and Consolidated Statement of Financial Position. * The debt metrics are extracted from the Consolidated Statement of Financial Position, specifically the lease liabilities. * The change and percentage change are calculated based on the difference between the 2025 and 2024 values. * The tables show that BSF Enterprise PLC's revenue decreased by 8.61%, while its losses decreased significantly (32-33%). * The company's cash and cash equivalents decreased by 76.66%, and its total assets decreased by 13.98%. * The total lease liabilities decreased to £0 in 2025, indicating that the company has paid off its lease obligations.
06:01
98 Exceptional
BBSN
Brave Bison Group PLC
Positive
**Summary:** Brave Bison Group PLC, a global marketing and technology partner, announced a major contract win for its subsidiary MiniMBA, the UKs leading marketing skills and training platform. MiniMBA has secured a €1.3 million contract with one of the worlds largest food and beverage conglomerates to train thousands of employees across the Asia-Pacific (APAC) region in 2026 using its MiniMBA in Brand Management program. This contract, the largest in MiniMBAs history, comes just six months after its acquisition by Brave Bison and will be recognized in the current financial year. The deal highlights the growing demand for advanced marketing training among global organizations and reinforces MiniMBAs position as a leader in marketing education. Brave Bison operates across eight countries, offering digital services, digital media, and marketing skills training through its Digital Services and Digital Content divisions. Notable clients include New Balance, Google, Formula 1, and American Express. The announcement was made via the London Stock Exchanges Regulatory News Service (RNS), emphasizing its significance as inside information now in the public domain.
**Summary**
Brave Bison Group PLC, a global marketing and technology partner, announced a major contract win for its subsidiary MiniMBA, the UKs leading marketing skills and training platform. MiniMBA has secured a €1.3 million contract with one of the worlds largest food and beverage conglomerates to train thousands of employees across the Asia-Pacific (APAC) region in 2026 using its MiniMBA in Brand Management program. This contract, the largest in MiniMBAs history, comes just six months after its acquisition by Brave Bison and will be recognized in the current financial year.
The deal highlights the growing demand for advanced marketing training among global organizations and reinforces MiniMBAs position as a leader in marketing education. Brave Bison operates across eight countries, offering digital services, digital media, and marketing skills training through its Digital Services and Digital Content divisions. Notable clients include New Balance, Google, Formula 1, and American Express. The announcement was made via the London Stock Exchanges Regulatory News Service (RNS), emphasizing its significance as inside information now in the public domain.
NewContract
06:01
88 Trading Edge
DSCV
Discoverie Group PLC
Positive
**Summary:** discoverIE Group plc, a leading designer and manufacturer of customised electronics for industrial applications, released its Q3 trading update for the period ending December 31, 2025. Key highlights include: 1. **Sales Growth**: Group sales increased by 5% at constant exchange rates (CER) and 1% organically. 2. **Order Growth**: Orders rose by 9% at CER and 4% organically, with a book-to-bill ratio of 1.03x. 3. **Operational Performance**: The Controls unit showed improved sales and order trends compared to the first half of the year. 4. **Financial Health**: Gross margins remained strong, working capital was tightly managed, and cash generation continued robustly. 5. **Acquisitions**: The acquisition of Keymat Technology Ltd was completed, and approval for the acquisition of Trival Antene d.o.o is in progress, with a healthy pipeline of further opportunities. 6. **Outlook**: The Group is on track to meet full-year adjusted earnings expectations and remains well-positioned for through-cycle growth, both organically and inorganically. The update emphasizes discoverIE’s focus on structural growth markets, sustainability, and long-term customer relationships, supported by its strong ESG ratings and global presence.
**Summary**
discoverIE Group plc, a leading designer and manufacturer of customised electronics for industrial applications, released its Q3 trading update for the period ending December 31, 2025. Key highlights include
1. **Sales Growth**Group sales increased by 5% at constant exchange rates (CER) and 1% organically.
2. **Order Growth**Orders rose by 9% at CER and 4% organically, with a book-to-bill ratio of 1.03x.
3. **Operational Performance**The Controls unit showed improved sales and order trends compared to the first half of the year.
4. **Financial Health**Gross margins remained strong, working capital was tightly managed, and cash generation continued robustly.
5. **Acquisitions**The acquisition of Keymat Technology Ltd was completed, and approval for the acquisition of Trival Antene d.o.o is in progress, with a healthy pipeline of further opportunities.
6. **Outlook**The Group is on track to meet full-year adjusted earnings expectations and remains well-positioned for through-cycle growth, both organically and inorganically.
The update emphasizes discoverIE’s focus on structural growth markets, sustainability, and long-term customer relationships, supported by its strong ESG ratings and global presence.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not explicitly provide detailed financial or debt figures for comparison, the table is structured to reflect the key metrics mentioned in the trading update, with placeholders for actual data where specific figures are not provided.
discoverIE Group plc - Q3 Trading Update (Year-on-Year Comparison)
MetricQ3 2025Q3 2024
Group Sales Growth (CER)+5%N/A
Group Sales Growth (Organic)+1%N/A
Group Orders Growth (CER)+9%N/A
Group Orders Growth (Organic)+4%N/A
Book-to-Bill Ratio1.03xN/A
Gross MarginsRobustRobust
Working Capital ManagementTightly ManagedTightly Managed
Cash GenerationStrongStrong
Debt (if available)N/AN/A
### Notes: 1. **CER**: Constant Exchange Rate. 2. **Organic Growth**: Excludes the first 12 months of acquisitions post-completion. 3. **Book-to-Bill Ratio**: Orders received divided by revenue billed. 4. **Gross Margins, Working Capital, Cash Generation**: Described qualitatively as "Robust" and "Strong" without specific figures. 5. **Debt**: Not explicitly mentioned in the text, hence marked as "N/A". This table can be expanded or updated with actual figures if more detailed financial data becomes available.
06:01
88 Trading Edge
NEWS
Pathos Commun Ltd
Positive
**Summary:** Pathos Communications PLC, a technology-enabled, human-led PR company, released a trading update on February 2, 2026, highlighting a strong finish to FY25 and a positive start to FY26. The company exceeded market expectations for FY25, reporting revenue of $13.2 million (up from $11.4 million in FY24) and adjusted EBITDA of $2.9 million (up from $1.9 million in FY24). This growth was driven by strong volumes, an improved product mix focusing on higher-quality publications, and enhanced cash collection processes. Key highlights include: 1. **Financial Performance**: FY25 results surpassed market expectations, with revenue and adjusted EBITDA growth. 2. **Cash Position**: Net cash stood at $6.2 million as of December 31, 2025, supported by a successful fundraise and AIM admission. 3. **Business Development**: Proprietary AI tools (PathosMind and Pressella) are progressing, and strategic partnerships are being onboarded to enhance growth. 4. **Outlook**: FY26 has started well, with the Client Success team and AI-driven improvements driving performance. The company aims to democratize PR for 400 million SMEs globally. 5. **Upcoming Events**: Pathos will host an investor presentation on February 4, 2026, via Investor Meet Company, open to all shareholders. CEO Omar Hamdi expressed optimism about the companys prospects, citing its strong financial performance, growth opportunities, and driven team. Pathos remains focused on expanding its reach and developing technology to serve SMEs globally.
**Summary**
Pathos Communications PLC, a technology-enabled, human-led PR company, released a trading update on February 2, 2026, highlighting a strong finish to FY25 and a positive start to FY26. The company exceeded market expectations for FY25, reporting revenue of $13.2 million (up from $11.4 million in FY24) and adjusted EBITDA of $2.9 million (up from $1.9 million in FY24). This growth was driven by strong volumes, an improved product mix focusing on higher-quality publications, and enhanced cash collection processes.
Key highlights include
1. **Financial Performance**FY25 results surpassed market expectations, with revenue and adjusted EBITDA growth.
2. **Cash Position**Net cash stood at $6.2 million as of December 31, 2025, supported by a successful fundraise and AIM admission.
3. **Business Development**Proprietary AI tools (PathosMind and Pressella) are progressing, and strategic partnerships are being onboarded to enhance growth.
4. **Outlook**FY26 has started well, with the Client Success team and AI-driven improvements driving performance. The company aims to democratize PR for 400 million SMEs globally.
5. **Upcoming Events**Pathos will host an investor presentation on February 4, 2026, via Investor Meet Company, open to all shareholders.
CEO Omar Hamdi expressed optimism about the companys prospects, citing its strong financial performance, growth opportunities, and driven team. Pathos remains focused on expanding its reach and developing technology to serve SMEs globally.
Below is the HTML table code comparing the financials and debt (net cash) year-on-year for Pathos Communications PLC based on the provided text:
MetricFY24FY25
Revenue (US$ million)11.413.2
Adjusted EBITDA (US$ million)1.92.9
Net Cash (US$ million)N/A6.2
### Explanation: - **Revenue**: Increased from US$11.4 million in FY24 to US$13.2 million in FY25. - **Adjusted EBITDA**: Increased from US$1.9 million in FY24 to US$2.9 million in FY25. - **Net Cash**: Not available for FY24, but reported as US$6.2 million in FY25. This table provides a clear year-on-year comparison of the key financial metrics mentioned in the text.
06:01
80 Positive
PEN
Pennant International Group plc
Positive
**Summary:** Pennant International Group PLC (AIM: PEN) announced a new £0.6 million contract win within its Training Systems segment, supplying a part task trainer for technical training in the nuclear sector. This achievement marks a significant milestone, as the company has now secured over £10 million in new orders within the Training Systems segment since its interim results in September 2025, fully converting its short-term pipeline opportunities. This contributes to an order book covering approximately 80% of the markets FY26 revenue expectations of £13.0 million. Pennant, a global provider of system support software, technical services, and training solutions, continues to focus on sustainable growth in recurring and repeatable revenues, particularly in high-margin software and services, amid increasing demand in defense, aerospace, and other safety-critical sectors.
**Summary**
Pennant International Group PLC (AIMPEN) announced a new £0.6 million contract win within its Training Systems segment, supplying a part task trainer for technical training in the nuclear sector. This achievement marks a significant milestone, as the company has now secured over £10 million in new orders within the Training Systems segment since its interim results in September 2025, fully converting its short-term pipeline opportunities. This contributes to an order book covering approximately 80% of the markets FY26 revenue expectations of £13.0 million. Pennant, a global provider of system support software, technical services, and training solutions, continues to focus on sustainable growth in recurring and repeatable revenues, particularly in high-margin software and services, amid increasing demand in defense, aerospace, and other safety-critical sectors.
NewContract
06:01
88 Trading Edge
B90
B90 Holdings PLC
Positive
**Summary:** B90 Holdings PLC, a digital marketing group focused on the global i-gaming industry, released a trading update for the year ended December 31, 2025, ahead of its full-year audited results. The company reported: 1. **Strong Financial Performance**: Revenue is expected to exceed market expectations due to robust campaign performance, while EBITDA is anticipated to align with market forecasts, reflecting higher marketing spend driven by increased competition and rising costs in Google-led acquisition channels. 2. **Operational Highlights**: B90 has deepened its use of automation, AI, and machine learning, enabling scalable growth without proportional overhead increases. This has enhanced campaign efficiency, improved partner returns, and supported margin progression. The pay-per-click operations delivered a growing volume of high-quality leads and first-time depositing customers (FTDs) to an expanding B2B partner base. 3. **Strategic Focus**: The company maintained a disciplined approach to operational cash generation, funding marketing investments from cash flow. This allowed selective reinvestment in high-performing activities while controlling costs. 4. **Outlook for 2026**: B90 expects to continue its strategic focus on automation, AI-driven optimization, and scalable growth. The company is well-positioned to benefit from major global sporting events like the 2026 FIFA World Cup, which historically boost customer acquisition and FTD volumes. 5. **Leadership Commentary**: Executive Chairman Ronny Breivik emphasized priorities for 2026, including scaling core operations, increasing automation, selective marketing investment, strengthening partner networks, and disciplined cash management to drive continued growth and improved operating leverage. B90 remains confident in delivering another year of significant revenue and EBITDA growth. The announcement complies with Market Abuse Regulation (EU) No. 596/2014 as part of UK domestic law.
**Summary**
B90 Holdings PLC, a digital marketing group focused on the global i-gaming industry, released a trading update for the year ended December 31, 2025, ahead of its full-year audited results. The company reported
1. **Strong Financial Performance**Revenue is expected to exceed market expectations due to robust campaign performance, while EBITDA is anticipated to align with market forecasts, reflecting higher marketing spend driven by increased competition and rising costs in Google-led acquisition channels.
2. **Operational Highlights**B90 has deepened its use of automation, AI, and machine learning, enabling scalable growth without proportional overhead increases. This has enhanced campaign efficiency, improved partner returns, and supported margin progression. The pay-per-click operations delivered a growing volume of high-quality leads and first-time depositing customers (FTDs) to an expanding B2B partner base.
3. **Strategic Focus**The company maintained a disciplined approach to operational cash generation, funding marketing investments from cash flow. This allowed selective reinvestment in high-performing activities while controlling costs.
4. **Outlook for 2026**B90 expects to continue its strategic focus on automation, AI-driven optimization, and scalable growth. The company is well-positioned to benefit from major global sporting events like the 2026 FIFA World Cup, which historically boost customer acquisition and FTD volumes.
5. **Leadership Commentary**Executive Chairman Ronny Breivik emphasized priorities for 2026, including scaling core operations, increasing automation, selective marketing investment, strengthening partner networks, and disciplined cash management to drive continued growth and improved operating leverage.
B90 remains confident in delivering another year of significant revenue and EBITDA growth. The announcement complies with Market Abuse Regulation (EU) No. 596/2014 as part of UK domestic law.
Since the provided text does not contain specific financial or debt figures for comparison, I'll create a general HTML table structure that you can fill in with actual data once available. The table will compare financials and debt year-on-year (2024 vs. 2025). < lang="en">B90 Holdings PLC Financials and Debt Comparison

B90 Holdings PLC Financials and Debt Comparison (2024 vs. 2025)

td>+X%
Metric20242025Change
Revenue£X,XXX,XXX£X,XXX,XXX+X%
EBITDA£X,XXX,XXX£X,XXX,XXX
Marketing Spend£X,XXX,XXX£X,XXX,XXX+X%
Total Debt£X,XXX,XXX£X,XXX,XXX+/-X%
Cash Generated from Operations£X,XXX,XXX£X,XXX,XXX+X%

Note: Actual figures are not provided in the given text. Please replace placeholders with real data.

This HTML code creates a table with columns for the metric, values for 2024 and 2025, and the percentage change between the two years. The table is styled with basic CSS for readability. Replace the placeholders (`£X,XXX,XXX` and `+X%`) with actual financial data once available.
06:01
80 Positive
BBY
Balfour Beatty plc
Positive
**Summary:** Balfour Beatty PLC has secured a £315 million seven-year contract for Warwickshire Highways Maintenance, awarded by Coventry City Council, Solihull Metropolitan Borough Council, and Warwickshire County Council. This marks the companys third consecutive term for this contract, extending their partnership through Spring 2033, with a potential six-year extension worth up to £900 million. Balfour Beatty Living Places will manage road maintenance for over 5,000 kilometers of roads and 55,000 streetlights, utilizing a digitally enabled operating model to enhance efficiency and council oversight. The contract, commencing in Spring 2026, will employ around 160 people, including graduates and apprentices. Philip Hoare, Balfour Beatty Group Chief Executive, emphasized the importance of long-term partnerships in delivering essential infrastructure and community benefits. This award builds on Balfour Beattys strong track record since 2011, showcasing effective asset management and collaboration with local authorities.
**Summary**
Balfour Beatty PLC has secured a £315 million seven-year contract for Warwickshire Highways Maintenance, awarded by Coventry City Council, Solihull Metropolitan Borough Council, and Warwickshire County Council. This marks the companys third consecutive term for this contract, extending their partnership through Spring 2033, with a potential six-year extension worth up to £900 million. Balfour Beatty Living Places will manage road maintenance for over 5,000 kilometers of roads and 55,000 streetlights, utilizing a digitally enabled operating model to enhance efficiency and council oversight. The contract, commencing in Spring 2026, will employ around 160 people, including graduates and apprentices. Philip Hoare, Balfour Beatty Group Chief Executive, emphasized the importance of long-term partnerships in delivering essential infrastructure and community benefits. This award builds on Balfour Beattys strong track record since 2011, showcasing effective asset management and collaboration with local authorities.
NewContract
06:01
80 Positive
HERC
Hercules Site Services PLC
Positive
**Summary:** Hercules PLC, a leading UK infrastructure and construction services group, announced on February 2, 2026, that its subsidiary Advantage NRG has secured £6.5 million in contracted works across two major electricity networks: Electricity North West and Scottish and Southern Electricity Networks. These contracts, running from January to December 2026, are part of existing framework agreements and will require up to 52 skilled operatives at peak delivery, highlighting Advantage NRGs growing operational scale and technical capability. The works reflect the increasing demand for skilled linesmen as the UK invests heavily in upgrading its electrical infrastructure to meet rising energy needs, with National Grid planning £58 billion in investments. The contracts provide strong revenue visibility for Advantage NRG in 2026 and beyond, positioning Hercules as a trusted partner in the power and energy sector. CEO Brusk Korkmaz emphasized the groups readiness to capitalize on the growing need for specialist labor in this sector.
**Summary**
Hercules PLC, a leading UK infrastructure and construction services group, announced on February 2, 2026, that its subsidiary Advantage NRG has secured £6.5 million in contracted works across two major electricity networks: Electricity North West and Scottish and Southern Electricity Networks. These contracts, running from January to December 2026, are part of existing framework agreements and will require up to 52 skilled operatives at peak delivery, highlighting Advantage NRGs growing operational scale and technical capability. The works reflect the increasing demand for skilled linesmen as the UK invests heavily in upgrading its electrical infrastructure to meet rising energy needs, with National Grid planning £58 billion in investments. The contracts provide strong revenue visibility for Advantage NRG in 2026 and beyond, positioning Hercules as a trusted partner in the power and energy sector. CEO Brusk Korkmaz emphasized the groups readiness to capitalize on the growing need for specialist labor in this sector.
NewContract
06:01
80 Positive
ACRM
Acuity RM Group Plc
Positive
**Summary:** Acuity RM Group plc (AIM: ACRM), a cybersecurity and risk management software provider, announced a significant contract renewal and upgrade with a North American bank. The renewed three-year contract includes a 280% increase in fees compared to the original agreement, with a total value exceeding £160,000. This renewal boosts Acuitys contracted future revenues to over £2 million. Since the initial implementation in 2023, the bank has expanded its use of Acuitys STREAM® software platform, which supports Governance, Risk, and Compliance (GRC) functions. David Rajakovich, Acuitys CEO, highlighted the banks decision as a <mark style="background-color:yellow">test</mark>ament to the measurable value delivered by the platform. Acuity remains focused on sustainable growth through organic expansion and strategic acquisitions, serving diverse sectors including government, defense, healthcare, and manufacturing. **Key Points:** - **Contract Renewal:** 3-year extension with a 280% fee increase. - **Total Value:** Over £160,000, lifting future revenues to £2m+. - **Customer Growth:** Increased adoption of STREAM® software since 2023. - **CEO Comment:** David Rajakovich emphasized the platforms value and commitment to client growth. - **Company Focus:** Sustainable growth via organic and acquisitive strategies.
**Summary**
Acuity RM Group plc (AIMACRM), a cybersecurity and risk management software provider, announced a significant contract renewal and upgrade with a North American bank. The renewed three-year contract includes a 280% increase in fees compared to the original agreement, with a total value exceeding £160,000. This renewal boosts Acuitys contracted future revenues to over £2 million. Since the initial implementation in 2023, the bank has expanded its use of Acuitys STREAM® software platform, which supports Governance, Risk, and Compliance (GRC) functions. David Rajakovich, Acuitys CEO, highlighted the banks decision as a <mark style="background-color:yellow">test</mark>ament to the measurable value delivered by the platform. Acuity remains focused on sustainable growth through organic expansion and strategic acquisitions, serving diverse sectors including government, defense, healthcare, and manufacturing.
**Key Points**
**Contract Renewal** 3-year extension with a 280% fee increase.
**Total Value:** Over £160000lifting future revenues to £2m+.
**Customer Growth** Increased adoption of STREAM® software since 2023.
**CEO Comment** David Rajakovich emphasized the platforms value and commitment to client growth.
**Company Focus** Sustainable growth via organic and acquisitive strategies.
NewContract
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<mark style="background-color:yellow">Purchase</mark> of Partnership Shares and allocation of Matching Shares under the UK SIP.

<mark style="background-coloryellow">Purchase</mark> of Partnership Shares and allocation of Matching Shares under the UK SIP.
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Sage announces that on 1 February 2026, Aaron Harris and Walid Abu-Hadba, each, a person discharging managerial responsibilities for Sage, and Amy Cosgrove, a PCA to Aaron Harris, acquired rights to <mark style="background-color:yellow">pu…

Sage announces that on 1 February 2026, Aaron Harris and Walid Abu-Hadba, each, a person discharging managerial responsibilities for Sage, and Amy Cosgrove, a PCA to Aaron Harris, acquired rights to <mark style="background-color:yellow">purchase</mark> ordinary shares of 14/77 pence each in Sage ("Ordinary Shares") under the Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an all-employee share plan operated for Sages US employees. The share purchase will occur, subject to and in accordance with the CSPP rules, at the end of a 6-month offering period ("Offering Period"), on 3 August 2026.
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New Share Buyback Programme

**Summary:** The Character Group plc (AIM: CCT) announced the launch of a new share buyback programme, the **2026 Share Buyback Programme**, on February 2, 2026. This follows the completion of its previous buyback programme, which repurch…

**Summary**
The Character Group plc (AIMCCT) announced the launch of a new share buyback programme, the **2026 Share Buyback Programme**, on February 2, 2026. This follows the completion of its previous buyback programme, which repurchased approximately £3.0 million worth of ordinary shares between October 2024 and January 2026. The new programme aims to repurchase up to £3.0 million worth of ordinary shares, funded by existing cash resources, to enhance shareholder returns and reduce share capital. The Board believes the company’s share price undervalues the Group.
The programme will run until January 14, 2027, or until the maximum amount is repurchased, whichever is earlier. It will be executed by Panmure Liberum Limited, adhering to pre-set parameters and regulatory requirements, including the Market Abuse Regulation (EU) No. 596/2014. Repurchased shares will be cancelled. The Company reserves the right to halt the programme under appropriate circumstances. Further regulatory announcements will be made as required.
**Key Details**
**Programme Value** £3.0 million
**Duration:** February 22026to January 142027 (or earlier if fully executed)
**Executor** Panmure Liberum Limited
**Purpose** Enhance shareholder returns and reduce share capital
**Regulatory Compliance** Market Abuse Regulation (EU) No. 596/2014
BuyBack
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MTRO
MTRO Metro Bank PLC
14:01
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MAB Mitchells & Butlers PLC
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Director/PDMR Shareholding

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ONT
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Issue of Equity and Total Voting Rights

AZN
AZN AstraZeneca PLC
14:01
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Total Voting Rights

SDR
SDR Schroders PLC
13:55
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Form 8.3 - Glencore Plc

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13:54
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Holding(s) in Company

TR1 Buy

TR1 Buy
OXIG
OXIG Oxford Instruments PLC
13:54
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Total Voting Rights

BARC
BARC Barclays PLC
13:51
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Form 8.3 GLENCORE PLC

PCGH
PCGH Polar Capital Global Health…
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DWL
DWL Dowlais Group Plc
13:46
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Form 8.3 - Dowlais Group plc

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Disclosure of Portfolio Holdings

PCT
PCT Polar Capital Technology Tr…
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Total Voting Rights

SSPG
SSPG SSP Group PLC
13:37
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Total Voting Rights

CMPG
CMPG CT Global Managed Portfolio…
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Issue of Equity

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DWL Dowlais Group Plc
13:34
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Form 8.3

MRC
MRC The Mercantile Investment T…
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Closed Period Notification

CMPI
CMPI CT Global Managed Portfolio…
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Issue of Equity

BRAI
BRAI BlackRock American Income T…
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DGE
DGE Diageo PLC
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APTD
APTD Aptitude Software Group PLC
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FOXT
FOXT Foxtons Group Plc
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SOLG
SOLG SolGold PLC
13:21
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Form 8.3

JUST
JUST Just Group plc
13:19
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Form 8.3

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IPF International Personal Fina…
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Form 8.3

GPE
GPE GREAT PORTLAND ESTATES PLC
13:15
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Director/PDMR Shareholding

BTRW
BTRW Barratt Redrow plc
13:12
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Total Voting Rights

JZCP
JZCP JZ Capital Partners Ltd
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Notification of Major Holdings

TR1 Buy

TR1 Buy
['First Equity Limited', '10.527127', '6.216807']
DRX
DRX Drax Group PLC
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STB
STB Secure Trust Bank PLC
13:03
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Total Voting Rights

REL
REL Relx PLC
13:03
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LSEG
LSEG London Stock Exchange Group…
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BRBY
BRBY Burberry Group PLC
13:01
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AAL
AAL Anglo American PLC
13:01
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BNKR
BNKR Bankers Investment Trust
12:55
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RAT Rathbone Brothers PLC
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Form 8.3

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LGEN Legal & General Group PLC
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L&G completes transaction with Meiji Yasuda

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YNGA Young & Co’S Brewery A
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SPX
SPX Spirax Group plc
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Change in Director Details

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12:50
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Form 8.3

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Form 8.3

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RMV Rightmove PLC
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JEDT
JEDT JPMorgan Euro Small Compani…
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Appointment Of Director

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TR1 Buy

TR1 Buy
STEM
STEM SThree plc
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BRLA
BRLA BlackRock Latin American In…
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BERI
BERI Blackrock Energy and Resour…
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SBRY
SBRY J Sainsbury PLC
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HFEL
HFEL Henderson Far East Income L…
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ESCT
ESCT The European Smaller Compan…
12:15
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XGDU
XGDU Xtrackers IE Physical Gold …
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Final Terms

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GLR Galileo Resources Plc
12:07
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TR1 Buy

TR1 Buy
RMMC
RMMC River and Mercantile UK Mic…
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Total Voting Rights

EDEN
EDEN Eden Research plc
12:02
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Launch of Retail Offer

**Summary:** Eden Research plc, a UK-listed biopesticide company, announced a retail offer of new ordinary shares to raise up to £500,000. This offer is part of a larger fundraising effort to secure £10.7 million for advancing the develop…

**Summary**
Eden Research plc, a UK-listed biopesticide company, announced a retail offer of new ordinary shares to raise up to £500,000. This offer is part of a larger fundraising effort to secure £10.7 million for advancing the development, registration, and commercialization of its insecticide formulation and a new fungicide targeting Late Blight in potatoes. The retail offer is open exclusively to existing shareholders in the United Kingdom, with a minimum subscription of £100 per investor. The shares are offered at 4.0 pence each, representing a 2.6% premium over the recent closing price. The offer is conditional on shareholder approval and the completion of a firm capital raising. Proceeds will support product development and scale-up operations. The offer is managed by Cavendish Capital Markets Limited, with a subscription window from February 2 to February 5, 2026, and admission to trading expected on February 19, 2026. Investors are cautioned about the risks associated with the investment, including potential capital loss and lack of liquidity.
Launch
CMPG
CMPG CT Global Managed Portfolio…
12:02
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Total Voting Rights

BIPS
BIPS Invesco Bond Income Plus Li…
12:02
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Portfolio Update

VSVS
VSVS Vesuvius PLC
12:02
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Total Voting Rights

CMPI
CMPI CT Global Managed Portfolio…
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FAN
FAN Volution Group plc
12:01
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WINE
WINE Naked Wines plc
12:01
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Holding(s) in Company - Replacement

<mark style="background-color:yellow">TR1</mark> Buy

<mark style="background-coloryellow">TR1</mark> Buy
['Monega Kapitalanlagegesellschaft mbH', ' All other details remain unchanged.', ' All other details remain unchanged.']
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INVP Investec PLC
12:01
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EDEN
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11:58
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CCR
CCR C&C Group plc
11:56
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Total Voting Rights

WHI
WHI W.H.Ireland Group
11:54
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
['Worsley Investors Limited', ' 8.05', '7.43']
BNZL
BNZL Bunzl PLC
11:46
Market

Total Voting Rights

HSL
HSL Henderson Smaller Cos Inv T…
11:44
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CTY
CTY City Of London Investment T…
11:42
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JCGI
JCGI JPMorgan China Growth & Inc…
11:41
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Gearing Announcement

JMGI
JMGI JPMorgan Emerging Markets I…
11:41
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JFJ
JFJ JPMorgan Japanese Investmen…
11:41
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Gearing Announcement

JEMI
JEMI JPMorgan Global Emerging Ma…
11:41
Market

Gearing Announcement

JIGI
JIGI JPMorgan India Growth & Inc…
11:41
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Gearing Announcement

JAGI
JAGI JPMorgan Asia Growth & Inco…
11:41
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Gearing Announcement

JEDT
JEDT JPMorgan Euro Small Compani…
11:41
Market

Gearing Announcement

JUGI
JUGI JPMorgan UK Small Cap Growt…
11:41
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JEGI
JEGI JPMorgan European Growth & …
11:41
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MRC
MRC The Mercantile Investment T…
11:41
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Gearing Announcement

JGGI
JGGI JP Morgan Global Growth & I…
11:40
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JUSC
JUSC JPmorgan US Smaller Compani…
11:40
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Gearing Announcement

JAM
JAM JPMorgan American Investmen…
11:40
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JCH
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11:40
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Gearing Announcement

IHP
IHP IntegraFin Holdings plc
11:40
Market

Director/PDMR Shareholding

<mark style="background-color:yellow">Purchase</mark> of ordinary shares by way of reinvestment of the December 2025 interim dividend under the Share Incentive Plan ("SIP") dividend reinvestment scheme.

<mark style="background-coloryellow">Purchase</mark> of ordinary shares by way of reinvestment of the December 2025 interim dividend under the Share Incentive Plan ("SIP") dividend reinvestment scheme.
GNS
GNS Genus PLC
11:40
Market

Block Listing Return

RCP
RCP RIT Capital Partners
11:38
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Total Voting Rights

CABP
CABP CAB Payments Holdings Ltd
11:38
Market

RESPONSE TO POSSIBLE OFFER ANNOUNCEMENT

**Summary:** CAB Payments Holdings PLC has issued a response to a possible takeover offer from the Helios Consortium, comprising Helios Fund V, Helios Fund III, and Helios Fairfax Partners Corporation (HFP). The Independent Board of CAB P…

**Summary**
CAB Payments Holdings PLC has issued a response to a possible takeover offer from the Helios Consortium, comprising Helios Fund V, Helios Fund III, and Helios Fairfax Partners Corporation (HFP). The Independent Board of CAB Payments, excluding directors Henry Obi and Nitin Kaul, received two non-binding proposals from Helios: an initial proposal on January 17, 2026, and a second proposal on January 29, 2026. Both proposals offered to acquire the entire issued and to-be-issued share capital of CAB Payments at USD 1.05 (GBP 0.77) and USD 1.15 (GBP 0.84) per share, respectively, in cash and an unlisted share alternative.
The Independent Board, after careful evaluation, unanimously rejected both proposals, deeming them "highly opportunistic" and undervaluing the companys future prospects. They highlighted several factors that the proposals failed to reflect, including
1. Strong Total Income performance in FY25.
2. Successful execution of a strategy to deepen market presence and strengthen regulatory relationships.
3. Expansion of geographic footprint with new offices in New York and Abu Dhabi.
4. Strengthening of the operating platform and regulatory infrastructure through a global clearing partnership.
The Board remains confident in the companys strategy and long-term value creation potential. Shareholders are advised to take no action at this time. Helios Consortium must announce a firm intention to make an offer or withdraw by March 2, 2026, in accordance with the City Code on Takeovers and Mergers. CAB Payments will release its full-year 2025 results on March 5, 2026, providing further updates on its strategic progress.
Offers
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TRT Transense Technologies PLC
11:37
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Holding(s) in Company

TR1 Buy

TR1 Buy
GPE
GPE GREAT PORTLAND ESTATES PLC
11:35
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
HSX
HSX Hiscox Ltd
11:34
Market

Total Voting Rights

BOR
BOR Borders & Southern Petroleu…
11:32
Market

Director Purchase of Shares

0UKI
0UKI Bank of Nova Scotia
11:32
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Form 8.3 NCC Group plc

0UKI
0UKI Bank of Nova Scotia
11:30
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Form 8.3 Just Group plc

WINV
WINV Axa Property Trust
11:29
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Form 8.3 - W.H. Ireland Group plc

0UKI
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11:27
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Form 8.3 Beazley PLC

SEQI
SEQI Sequoia Econ Infrastructure
11:25
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VOD
VOD Vodafone Group PLC
11:25
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BARC
BARC Barclays PLC
11:25
Market

Form 8.3 SOLGOLD PLC

BARC
BARC Barclays PLC
11:24
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Form 8.3 NCC GROUP PLC

BARC
BARC Barclays PLC
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Form 8.3 JUST GROUP PLC

BARC
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11:24
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Form 8.3 JTC PLC

RAT
RAT Rathbone Brothers PLC
11:23
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Total Voting Rights

BARC
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11:21
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Admission to Trading

MILA
MILA Mila Resources PLC
11:21
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TR1 Buy

TR1 Buy
['Stuart James Packwood', '5.050000', '8.160000']
TYM
TYM Tertiary Minerals Plc
11:20
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TR1 Buy

TR1 Buy
['Stuart James Packwood', '7.790000', '9.110000']
BGEO
BGEO Lion Finance Group PLC
11:19
Market

Total Voting Rights

IGET
IGET Invesco Perpetual Select Tr…
11:19
Market

Portfolio Update

CPI
CPI Capita PLC
11:16
Market

Total Voting Rights

BATS
BATS British American Tobacco PLC
11:16
Market

Total Voting Rights

BARC
BARC Barclays PLC
11:16
Market

Total Voting Rights

RIO
RIO Rio Tinto PLC
11:15
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Form 8.3

BEZ
BEZ Beazley plc
11:14
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Total Voting Rights

IAD
IAD Invesco Asia Dragon Trust p…
11:14
Market

Portfolio Update

NRR
NRR NewRiver REIT plc
11:13
Market

Total Voting Rights

BNC
BNC Banco Santander S.A.
11:12
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Total Voting Rights

LABS
LABS Life Science REIT PLC
11:11
Market

Form 8.3

GLEN
GLEN Glencore PLC
11:10
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Form 8.3

BEZ
BEZ Beazley plc
11:08
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Form 8.3

KITW
KITW Kitwave Group PLC
11:07
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Form 8.3

IPF
IPF International Personal Fina…
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Form 8.3

CKN
CKN Clarkson
11:01
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Total Voting Rights

IHG
IHG InterContinental Hotels Gro…
11:01
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Total Voting Rights

BLND
BLND British Land Company PLC
11:00
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Form 8.3

THRG
THRG Throgmorton Trust Plc
10:59
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BRSC
BRSC Blackrock Smaller Companies…
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GAMA
GAMA Gamma Communications PLC
10:58
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Total Voting Rights

IAD
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LAND
LAND Land Securities Group PLC
10:50
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Total Voting Rights

BWY
BWY Bellway PLC
10:49
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Total Voting Rights

PYC
PYC Physiomics Plc
10:41
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TR1 Buy

TR1 Buy
MMIT
MMIT Mobius Investment Trust PLC
10:38
Market

Total Voting Rights

MIGO
MIGO Migo Opportunities Trust PLC
10:37
Market

Total Voting Rights

UTG
UTG Unite Group PLC
10:36
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
FAB
FAB Fusion Antibodies PLC
10:34
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
STJ
STJ St. Jamess Place plc
10:34
Market

Total Voting Rights

PFD
PFD Premier Foods PLC
10:31
Market

Director/PDMR Shareholding

UTG
UTG Unite Group PLC
10:31
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
['Norges Bank', '9.009450', '8.060890']
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GLEN Glencore PLC
10:31
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Total Voting Rights

GLEN
GLEN Glencore PLC
10:31
Market

Form 8.3 - Glencore PLC

SMJ
SMJ J Smart Co Contractors PLC
10:25
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Directorate change

BAB
BAB Babcock International Group…
10:22
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Total Voting Rights

GNS
GNS Genus PLC
10:22
Market

Total Voting Rights

RICA
RICA Ruffer Investment Company L…
10:22
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GSCT
GSCT The Global Smaller Companie…
10:21
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Total Voting Rights

PIN
PIN Pantheon International PLC
10:20
Market

Total Voting Rights

AJOT
AJOT AVI Japan Opportunity Trust…
10:15
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Total Voting Rights

AGT
AGT AVI Global Trust PLC
10:12
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SEC
SEC Strategic Equity Capital Cl…
10:12
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GTCO
GTCO Guaranty Trust Holding Co. …
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DWL
DWL Dowlais Group Plc
10:05
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PHNX
PHNX Phoenix Group Holdings PLC
10:03
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Total Voting Rights

GOT
GOT Global Opportunities Trust …
10:03
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Total Voting Rights

IHC
IHC Inspiration Healthcare Grou…
10:02
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Holding(s) in Company

TR1 Buy

TR1 Buy
['REDWORTH PORTFOLIO LTD', '21.490000', '20.023000']
LABS
LABS Life Science REIT PLC
10:02
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
MOON
MOON Moonpig Group PLC
10:01
Market

Total Voting Rights

KGF
KGF Kingfisher PLC
10:01
Market

Total Voting Rights

SMIN
SMIN Smiths Group PLC
10:01
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Director/PDMR Shareholding

THX
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10:01
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Mining Indaba 2026 Conference Attendance

HAS
HAS Hays plc
10:01
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Total Voting Rights

HBR
HBR Harbour Energy PLC
10:01
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Total Voting Rights

MWY
MWY Mid Wynd International Inve…
10:00
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BEMO
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09:57
Market

Total Voting Rights

GNC
GNC Greencore Group
09:52
Market

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IGC
IGC India Capital Growth Fund
09:50
Market

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CHI
CHI CT UK High Income Ord
09:47
Market

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FAIR
FAIR Fair Oaks Income Limited
09:47
Market

Total Voting Rights

JFJ
JFJ JPMorgan Japanese Investmen…
09:45
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JIGI
JIGI JPMorgan India Growth & Inc…
09:42
Market

Total Voting Rights

BVT
BVT Baronsmead Venture Trust Plc
09:42
Market

Total Voting Rights

IMB
IMB Imperial Brands PLC
09:41
Market

Total Voting Rights

CVCE
CVCE CVC Income & Growth Limited
09:40
Market

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BMD
BMD Baronsmead Second Venture T…
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JGGI
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DWL
DWL Dowlais Group Plc
09:38
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Director/PDMR Shareholding

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Market

Transaction in Own Shares

CGT
CGT Capital Gearing Trust
09:36
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Total Voting Rights

FOX
FOX Fox Marble Holdings PLC
09:33
Market

Non-Executive Director Resignations

BIOG
BIOG The Biotech Growth Trust PLC
09:32
Market

Total Voting Rights

DWL
DWL Dowlais Group Plc
09:31
Market

Form 8 (DD)

SMIN
SMIN Smiths Group PLC
09:31
Market

Total Voting Rights

TSCO
TSCO Tesco PLC
09:31
Market

Total Voting Rights

BVA
BVA Banco Bilbao Vizcaya Argent…
09:28
Market

Periodic Report on the Buyback Program 02/02/2026

BOOT
BOOT Henry Boot PLC
09:26
Market

Total Voting Rights

AFL
AFL Artemis UK Future Leaders p…
09:26
Market

Total Voting Rights

DWL
DWL Dowlais Group Plc
09:25
Market

Form 8 (DD)

SVT
SVT Severn Trent PLC
09:25
Market

Total Voting Rights

AEI
AEI abrdn Equity Income Trust p…
09:25
Market

Total Voting Rights

BHMG
BHMG BH Macro Limited
09:25
Market

Total Voting Rights

TFIF
TFIF TwentyFour Income Fund Ltd
09:24
Market

Total Voting Rights

AAS
AAS Abrdn Asia Focus PLC
09:23
Market

Total Voting Rights

SMT
SMT Scottish Mortgage Investmen…
09:23
Market

Total Voting Rights

BGCG
BGCG Baillie Gifford China Growt…
09:23
Market

Total Voting Rights

NCYF
NCYF CQS New City High Yield Fund
09:22
Market

Total Voting Rights

SMIF
SMIF TwentyFour Select Monthly I…
09:22
Market

Total Voting Rights

AUSC
AUSC Abrdn UK Smaller Companies …
09:21
Market

Total Voting Rights

BGS
BGS Baillie Gifford Shin Nippon…
09:18
Market

Total Voting Rights

DIG
DIG Dunedin Income Growth Inves…
09:18
Market

Total Voting Rights

DWL
DWL Dowlais Group Plc
09:15
Market

Rule 2.9 Announcement

0H7D
0H7D Deutsche Bank AG NA O.N.
09:14
Market

Form 8.5 (EPT/RI) JTC plc

ROR
ROR Rotork PLC
09:14
Market

Total Voting Rights

MUT
MUT Murray Income Trust
09:13
Market

Total Voting Rights

EWI
EWI Edinburgh Worldwide Investm…
09:13
Market

Total Voting Rights

HILS
HILS Hill & Smith Holdings PLC
09:12
Market

Total Voting Rights

ABDN
ABDN Abrdn PLC
09:11
Market

Total Voting Rights

JAR
JAR Jardine Matheson Holdings L…
09:11
Market

Director/PDMR Shareholding

MNKS
MNKS Monks Investment Trust PLC
09:11
Market

Total Voting Rights

AVON
AVON Avon Protection PLC
09:11
Market

Result of AGM

ANII
ANII Aberdeen New India Investme…
09:10
Market

Total Voting Rights

FGP
FGP FirstGroup PLC
09:09
Market

Total Voting Rights

CORD
CORD Cordiant Digital Infrastruc…
09:08
Market

Director/PDMR Shareholding

<mark style="background-color:yellow">Purchase</mark> of Shares

<mark style="background-coloryellow">Purchase</mark> of Shares
JMGI
JMGI JPMorgan Emerging Markets I…
09:08
Market

Total Voting Rights

ELM
ELM Elementis PLC
09:06
Market

Total Voting Rights

SAIN
SAIN Scottish American Investmen…
09:05
Market

Total Voting Rights

BGUK
BGUK Baillie Gifford UK Growth F…
09:05
Market

Total Voting Rights

JUSC
JUSC JPmorgan US Smaller Compani…
09:04
Market

Total Voting Rights

BLND
BLND British Land Company PLC
09:02
Market

Rule 2.9 Announcement

JEGI
JEGI JPMorgan European Growth & …
09:02
Market

Total Voting Rights

PSN
PSN Persimmon PLC
09:01
Market

Total Voting Rights

MPL
MPL Mercantile Ports & Logistic…
09:01
Market

Director/PDMR Shareholding

PSON
PSON Pearson PLC
09:01
Market

Total Voting Rights

GFRD
GFRD Galliford Try PLC
09:01
Market

Total Voting Rights

DOM
DOM Domino’s Pizza Group PLC
09:01
Market

Total Voting Rights

INF
INF Informa PLC
09:01
Market

Total Voting Rights

POLR
POLR Polar Capital Holdings plc
09:00
Market

Total Voting Rights

BGEU
BGEU Baillie Gifford European Gr…
08:59
Market

Total Voting Rights

MRC
MRC The Mercantile Investment T…
08:59
Market

Total Voting Rights

IGET
IGET Invesco Perpetual Select Tr…
08:59
Market

Total Voting Rights

IPF
IPF International Personal Fina…
08:57
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
['Societe Generale', '4.497336', '5.017304']
STS
STS STS Global Income & Growth …
08:57
Market

Total Voting Rights

SST
SST The Scottish Oriental Small…
08:56
Market

Total Voting Rights

PNL
PNL Personal Assets Trust plc
08:56
Market

Total Voting Rights

MTU
MTU Montanaro UK Smaller Compan…
08:55
Market

Total Voting Rights

MTE
MTE Montanaro European Smaller …
08:55
Market

Total Voting Rights

IPF
IPF International Personal Fina…
08:55
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
BGFD
BGFD Baillie Gifford Japan Trust
08:55
Market

Total Voting Rights

EOT
EOT European Opportunities Trus…
08:55
Market

Total Voting Rights

MAJE
MAJE Majedie Investments
08:55
Market

Total Voting Rights

JUP
JUP Jupiter Fund Management Plc
08:54
Market

Completion of Acquisition of CCLA

IEM
IEM Impax Environmental Markets…
08:54
Market

Total Voting Rights

BIPS
BIPS Invesco Bond Income Plus Li…
08:54
Market

Total Voting Rights

ALW
ALW Alliance Witan Ord
08:53
Market

Total Voting Rights

IPF
IPF International Personal Fina…
08:53
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
JAM
JAM JPMorgan American Investmen…
08:53
Market

Total Voting Rights

NFG
NFG Next 15 Group PLC
08:48
Market

Total Voting Rights

KNOS
KNOS Kainos Group PLC
08:44
Market

Total Voting Rights

JDG
JDG Judges Scientific Plc
08:39
Market

Total Voting Rights

AAIF
AAIF abrdn Asian Income Fund Lim…
08:38
Market

Compliance with Market Abuse Regulation

WTB
WTB Whitbread PLC
08:38
Market

Total Voting Rights

PAG
PAG Paragon Banking Group PLC
08:31
Market

Total Voting Rights

MGAM
MGAM Morgan Advanced Materials p…
08:31
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
['Black Creek Investment Management Inc.', '5.980945', '6.030880']
SATS
SATS Satsuma Technology PLC
08:31
Market

Requisition Notice

UMR
UMR Unicorn Mineral Resources P…
08:31
Market

Board Changes

GPE
GPE GREAT PORTLAND ESTATES PLC
08:31
Market

GPE appoints Non-Executive Director

WG.
WG. WG.
08:31
Market

Form 8.3

EGL
EGL Ecofin Global Utilities and…
08:25
Market

Total Voting Rights

CYN
CYN CQS Natural Resources Growt…
08:25
Market

Total Voting Rights

HHPD
HHPD Hon Hai Precision Industry …
08:25
Market

Acquires privately placed securities

BOWL
BOWL Hollywood Bowl Group PLC
08:24
Market

Director/PDMR Shareholding

EDV
EDV Endeavour Mining Corp
08:24
Market

Total Voting Rights

HTSC
HTSC Huatai Securities Co. Ltd. …
08:24
Market

PROPOSED ISSUE OF ZERO COUPON CONVERTIBLE BONDS

FRGT
FRGT Franklin Global Trust Ord
08:22
Market

Total Voting Rights

TEM
TEM Templeton Emerging Markets …
08:21
Market

Total Voting Rights

AMGO
AMGO Amigo Holdings PLC
08:19
Market

TR-1: Notification of major holdings

TR1 Buy

TR1 Buy
CURY
CURY Currys PLC
08:19
Market

Total Voting Rights

MGNS
MGNS Morgan Sindall Group PLC
08:14
Market

Total Voting Rights

CGEO
CGEO Georgia Capital PLC
08:11
Market

Total Voting Rights

ALW
ALW Alliance Witan Ord
08:02
Market

Director/PDMR Shareholding

HWDN
HWDN Howden Joinery Group Plc
08:01
Market

Block Listing Interim Review

HWDN
HWDN Howden Joinery Group Plc
08:01
Market

Total Voting Rights

MKS
MKS Marks and Spencer Group PLC
08:01
Market

Total Voting Rights

AMG
AMG Atlas Metals Group plc
07:57
Market

Holding(s) in Company

<mark style="background-color:yellow">TR1</mark> Buy

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 4.74']
ATG
ATG Auction Technology Group PLC
07:51
Market

Response to Rule 2.8 announcement

0RYA
0RYA Ryanair Holdings plc
07:51
Market

Transaction in Own Shares

AMG
AMG Atlas Metals Group plc
07:50
Market

Holding(s) in Company

<mark style="background-color:yellow">TR1</mark> Buy

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 9.13']
AMG
AMG Atlas Metals Group plc
07:50
Market

Holding(s) in Company

<mark style="background-color:yellow">TR1</mark> Buy

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 0']
AURA
AURA Aura Energy Ltd
07:40
Market

Appendix 3B

KLR
KLR Keller Group PLC
07:31
Market

Total Voting Rights

JET2
JET2 Jet2 PLC
07:31
Market

Total Voting Rights

AURA
AURA Aura Energy Ltd
07:27
Market

A$20 million Placement

N91
N91 Ninety One PLC
07:17
Market

Total Voting Rights

OXIG
OXIG Oxford Instruments PLC
07:00
Market

Transaction in Own Shares

TMPL
TMPL Temple Bar Investment Trust
06:57
Market

Total Voting Rights

WWH
WWH Worldwide Healthcare Trust …
06:56
Market

Total Voting Rights

FGT
FGT Finsbury Growth & Income Tr…
06:53
Market

Total Voting Rights

3IN
3IN 3I Infrastructure PLC
06:41
Market

3i Infrastructure plc - Q3 update - replacement

**Summary:** 3i Infrastructure PLC released an amended Q3 performance update for the period from October 1, 2025, to January 30, 2026, highlighting key developments in its diversified infrastructure portfolio. The company reported strong …

**Summary**
3i Infrastructure PLC released an amended Q3 performance update for the period from October 1, 2025, to January 30, 2026, highlighting key developments in its diversified infrastructure portfolio. The company reported strong overall performance, with notable achievements across several investments
**ESVAGT** expanded its fleet with the delivery of the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two additional SOVs, supported by a €23 million investment from 3iN.
**Joulz** signed agreements to acquire two businesses, expected to increase EBITDA by 70% and expand its geographic and service capabilities, with 3iN contributing up to €107 million in equity.
**TCR** continued to perform well, securing new contracts and increasing its revolving credit facility by €100 million.
However, **DNSNET** faced significant challenges due to a worsening financing environment for German fibre roll-out businesses. The company expects to write down the value of its equity in DNS:NET to zero by March 2026, given the lack of available debt financing. This investment, previously valued at £212 million (5.6% of net asset value), is now considered a disappointing outlier.
Other portfolio companies, such as **SRL**, continued to face challenges, while the rest performed in line with or <mark style="background-color:yellow">above</mark> expectations. 3iN remains on track to meet its FY26 dividend target of 13.45 pence per share, covered by net income. The company’s balance sheet shows a net debt position of £500 million, with plans to repay the Revolving Credit Facility using proceeds from future realizations.
The Investment Manager hosted a Capital Markets Event in January 2026, providing updates on key portfolio companies, and remains focused on disciplined investment opportunities.
**Key Financial Highlights**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target13.45 pence per share (up 6.3% from FY25).
Net debt position as of January 302026: £500 million.
The update emphasizes 3iN’s commitment to responsible infrastructure investment, delivering sustainable returns, and positively influencing its portfolio companies.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions as mentioned in the text.
MetricFY25FY26 (as of Q3 Update)
Dividend Target (pence per share)12.6513.45 (up 6.3% from FY25)
Total Income and Non-Income Cash (3 months to 31 Dec)Not specified£53 million
Drawings on RCF (£ million)Not specified£504 million
Cash Balance (£ million)Not specified£4 million
Net Debt Position (£ million)Not specified£500 million
DNS:NET Valuation (£ million)£212 million (as of 30 Sep 2025)Expected to be written down to zero by March 2026
Joulz Bolt-on Commitment (£ million)Not applicableUp to €107 million (approximately £91 million)
### Notes: 1. **Dividend Target**: FY26 target is 6.3% higher than FY25. 2. **Income and Non-Income Cash**: Only FY26 data is available for the 3 months to 31 December 2025. 3. **Debt and Cash**: FY26 figures are as of 30 January 2026. 4. **DNS:NET Valuation**: FY25 valuation is provided, with an expected write-down to zero by March 2026. 5. **Joulz Bolt-on Commitment**: New commitment in FY26, not applicable in FY25. This table provides a structured comparison based on the available data in the text.
SOLG
SOLG SolGold PLC
06:40
Market

Total Voting Rights

0K1Y
0K1Y Mitsubishi UFJ Financial Gr…
06:32
Market

Form 8.3 - Glencore plc

GROW
GROW Draper Esprit PLC
06:31
Market

POS-Transaction in Own Shares

RAT
RAT Rathbone Brothers PLC
06:31
Market

Transaction in Own Shares

AIRC
AIRC Air China Limited
06:26
Market

Profit Warning

0K1Y
0K1Y Mitsubishi UFJ Financial Gr…
06:26
Market

Form 8.3 -Rio Tinto PLC

GHV2
GHV2 Gresham House Income & Grow…
06:16
Market

Transaction in Own Shares and Total Voting Rights

GHV1
GHV1 Gresham House Income & Grow…
06:16
Market

Transaction in Own Shares and Total Voting Rights

0A3D
0A3D iShares VII Public Limited …
06:11
Market

Net Asset Value(s)

CMB1
CMB1 iShares FTSE MIB UCITS
06:11
Market

Net Asset Value(s)

BBY
BBY Balfour Beatty plc
06:11
Market

Total Voting Rights

BBY
BBY Balfour Beatty plc
06:11
Market

Transaction in Own Shares

TRST
TRST Trustpilot Group PLC
06:06
Market

Transaction in Own Shares

LIO
LIO Liontrust Asset Management
06:06
Market

Total Voting Rights

ZEG
ZEG Zegona Communications Plc
06:04
Market

Transaction in Own Shares

PPET
PPET Patria Private Equity Trust
06:04
Market

Total Voting Rights

AEP
AEP Anglo-Eastern Plantations P…
06:02
Market

Transaction in Own Shares

INPP
INPP International Public Partne…
06:02
Market

Total Voting Rights

PNN
PNN Pennon Group Plc
06:02
Market

Total Voting Rights

UKW
UKW Greencoat UK Wind PLC
06:02
Market

Total Voting Rights

OIT
OIT Odyssean Investment Trust P…
06:02
Market

Total Voting Rights

EDIN
EDIN Edinburgh Investment Trust
06:02
Market

Total Voting Rights

BBH
BBH Bellevue Healthcare Trust P…
06:02
Market

Total Voting Rights

VOF
VOF VinaCapital Vietnam Opportu…
06:02
Market

Total Voting Rights

BHL
BHL Bradda Head Holdings Ltd
06:01
Market

Investor Presentation

NXQ
NXQ Nexteq PLC
06:01
Market

Launchpad, Nexteq’s turnkey software platform

**Summary:** Nexteq PLC (AIM: NXQ) announced the launch of **Launchpad**, a turnkey gaming software platform under its Quixant brand, unveiled at ICE Barcelona 2026. Designed for the land-based gaming market, Launchpad simplifies and acce…

**Summary**
Nexteq PLC (AIMNXQ) announced the launch of **Launchpad**, a turnkey gaming software platform under its Quixant brand, unveiled at ICE Barcelona 2026. Designed for the land-based gaming market, Launchpad simplifies and accelerates the development and deployment of casino games like slot machines, ensuring compliance with global regulatory standards. Powered by Quixant’s established software suite, it offers seamless integration with Quixant hardware, pre-<mark style="background-color:yellow">test</mark>ed certification by GLI (Gaming Laboratories International), and supports both existing hardware customers and online game providers entering the land-based sector. Launchpad enhances Nexteq’s software offerings, strengthens customer relationships, and aligns with the company’s growth strategy. CEO Duncan Faithfull highlighted its positive reception at ICE Barcelona, with early adopters already in discussions, reinforcing Nexteq’s focus on innovation and revenue diversification.
Launch
BIRD
BIRD Blackbird PLC
06:01
Market

elevate.io launches new structured pricing tiers

**Summary:** Blackbird plc (AIM: BIRD) announced on February 2, 2026, the launch of a new structured pricing model for its browser-based collaborative video editing platform, **elevate.io**. The pricing structure includes a free plan and …

**Summary**
Blackbird plc (AIMBIRD) announced on February 2, 2026, the launch of a new structured pricing model for its browser-based collaborative video editing platform, **elevate.io**. The pricing structure includes a free plan and three paid tiers: **Creator ($10/month)**, **Pro ($30/month)**, and **Business ($100/month)**, designed to align with customer needs and usage requirements. The model was developed based on feedback from initial ideal customer profiles (ICPs) to address distinct use cases and simplify purchasing decisions. Annual billing options were also introduced to provide budget certainty for business customers and strengthen revenue visibility for the company.
The tiered pricing encourages customers to upgrade as their needs evolve, supporting longer-term relationships and enterprise-style deployments. Ian McDonough, Blackbird Executive Chair, emphasized that the pricing strategy targets teams and businesses, aligning with elevate.ios focus on saving time through multiplayer editing and instant review capabilities. This move is part of Blackbird plcs scale-up phase, positioning the platform for growth in the SaaS, media, and content creation markets.
**Key Points**
New tiered pricing for elevate.ioFree, Creator, Pro, and Business plans.
Annual billing options introduced for business customers.
Pricing strategy aligns with customer needs and supports long-term growth.
Aimed at professional teams and the Creator Economy.
Launch
CLA
CLA Celsius Resources Limited
06:01
Market

ASX Trading Halt

EKF
EKF EKF Diagnostics Holdings Plc
06:01
Market

Share Buyback & Completion of Buyback Programme

BLU
BLU Blue Star Capital plc
06:01
Market

SatoshiPay Update

PNN
PNN Pennon Group Plc
06:01
Market

Block listing Interim Review

PXEN
PXEN Prospex Energy PLC
06:01
Market

CEO takes up post

UFO
UFO Alien Metals Ltd
06:01
Market

Transaction secured for JV partner at Munni Munni

**Summary:** Alien Metals Limited (AIM: UFO) has successfully completed a joint venture (JV) transaction with GreenTech Metals Limited (ASX: GRE) for the Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia. GreenTech…

**Summary**
Alien Metals Limited (AIMUFO) has successfully completed a joint venture (JV) transaction with GreenTech Metals Limited (ASX: GRE) for the Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia. GreenTech acquired a 70% interest in the project, while Alien retained a 30% stake, which is free-carried through the completion of a bankable feasibility study (BFS). The transaction includes a cash payment of A$0.5 million and the issuance of 47 million GreenTech shares to Alien, valued at approximately A$6.11 million. Alien also holds an indirect 17.4% equity stake in GreenTech. The deal strengthens Aliens balance sheet, reduces funding requirements, and preserves upside potential. Additionally, Alien maintains a 30% interest in the historic silver rights at Munni Munni through a separate JV with Crest Silver Pty Ltd, a subsidiary of West Coast Silver Ltd. The transaction aligns with Aliens partner-led strategy, allowing it to focus on its broader asset portfolio, including the Hancock Iron Ore Project and other exploration interests in the Pilbara region.
JV
GABI
GABI Project Finance Investments…
06:01
Market

Realisation Plan Update, NAV and Dividend

LIT
LIT Litigation Capital Manageme…
06:01
Market

Increase in Credit Facility and Waiver Extension

ORIT
ORIT Octopus Renewables Infra Tr…
06:01
Market

Q4 2025 Factsheet and Net Asset Value

FAIR
FAIR Fair Oaks Income Limited
06:01
Market

Reinvestment of Management Fees

CARD
CARD Card Factory PLC
06:01
Market

Block Listing Review

EYE
EYE Eagle Eye Solutions Group p…
06:01
Market

Extension of Share Buyback Long Stop Expiry Date

REAT
REAT React Group PLC
06:01
Market

Notice of Results

FEVR
FEVR Fevertree Drinks Plc
06:01
Market

Commencement of share buyback programme

**Summary:** Fevertree Drinks PLC announced the commencement of a share buyback programme on February 2, 2026, with a maximum consideration of £30 million. The programme, which aims to reduce the companys share capital, will run until Dec…

**Summary**
Fevertree Drinks PLC announced the commencement of a share buyback programme on February 2, 2026, with a maximum consideration of £30 million. The programme, which aims to reduce the companys share capital, will run until December 31, 2026, at the la<mark style="background-color:yellow">test</mark>. Fevertree has engaged Investec Bank plc to independently purchase ordinary shares on its behalf, with the intention of canceling any shares acquired. The buyback will be executed within pre-set parameters, adhering to shareholder authority, Market Abuse Regulation, and UKLR guidelines. The company may repurchase up to 25% of the average daily trading volume over the preceding 20 trading days. This initiative follows Fevertrees previous buyback programme in 2025 and is part of its ongoing financial strategy. Fevertree, a leading global supplier of premium carbonated mixers, continues to operate in over 95 countries, serving both on-trade and off-trade markets.
BuyBack
RKT
RKT Reckitt Benckiser Group PLC
06:01
Market

COMPLETION OF 2ND TRANCHE OF SHARE BUYBACK

BEG
BEG Begbies Traynor Group PLC
06:01
Market

Rebrand and change of Company Name

GCP
GCP GCP Infrastructure Investme…
06:01
Market

Disposals, NAV and dividend declaration

KOS
KOS Kosmos Energy Ltd
06:01
Market

Fourth Quarter 2025 Results Date

AEET
AEET Aquila Energy Efficiency Tr…
06:01
Market

Change of Corporate Broker

DEVO
DEVO Devolver Digital Inc
06:01
Market

Block Listing Application

VTY
VTY Vistry Group PLC
06:01
Market

Share buyback - management of the programme

**Summary:** Vistry Group PLC announced on February 2, 2026, an update on its £130 million share buyback programme, initially launched in September 2024. The company has extended its agreement with Peel Hunt LLP to manage the next tranche…

**Summary**
Vistry Group PLC announced on February 2, 2026, an update on its £130 million share buyback programme, initially launched in September 2024. The company has extended its agreement with Peel Hunt LLP to manage the next tranche of the programme, authorizing the purchase of ordinary shares up to an additional £15 million (excluding fees), with all purchased shares to be cancelled. Vistry Group has also issued an irrevocable instruction to Peel Hunt to manage the programme during the closed period leading up to the publication of its 2025 Full Year Results on March 4, 2026. This move aligns with the companys capital allocation policy. For further details, reference is made to the original September 2024 announcement. Contact information for Vistry Group and its advisors is provided.
BuyBack
ULTP
ULTP Ultimate Products Plc
06:01
Market

EBT Share Purchase Programme Update

TMIP
TMIP Taylor Maritime Investments…
06:01
Market

Compulsory Partial Redemption, Total Voting Rights

GAW
GAW Games Workshop Group PLC
06:01
Market

Director Shareholdings

BVC
BVC Batm Advanced Communication…
06:01
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
['Premier Miton Group plc', '7.914761', 0]
ZOO
ZOO Zoo Digital Group Plc
06:01
Market

Board and Commercial Update

CNS
CNS Corero Network Security plc
06:01
Market

Directorate Change

QUBE
QUBE Quantum Base Holdings PLC
06:01
Market

Director Dealings

MEGP
MEGP Me Group International PLC
06:01
Market

Appointment of Deputy CEO

FMET
FMET Fulcrum Metals PLC
06:01
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
['Metals One plc', '6.33', '4.68']
SLP
SLP Sylvania Platinum Limited
06:01
Market

Appointment of Non-Executive Director

ORIT
ORIT Octopus Renewables Infra Tr…
06:01
Market

Dividend Declaration, Increased Dividend Guidance

BIG
BIG Big Technologies PLC
06:01
Market

Holding(s) in Company

TR1 Buy

TR1 Buy
['Liontrust Investment Partners LLP', '9.856000', '10.018000']
HFG
HFG Hilton Food Group Plc
06:01
Market

Director/PDMR Shareholding

Hilton Food Group plc (the "Company") announces that on 30 January 2026 it was notified of the <mark style="background-color:yellow">purchase</mark> of ordinary shares of 10 pence each in the Company on 30 January 2026 by Mark Allen, Execu…

Hilton Food Group plc (the "Company") announces that on 30 January 2026 it was notified of the <mark style="background-color:yellow">purchase</mark> of ordinary shares of 10 pence each in the Company on 30 January 2026 by Mark Allen, Executive Chair, as set out below
XSG
XSG Xeros Technology Group Plc
06:01
Market

Board Change

OIT
OIT Odyssean Investment Trust P…
06:01
Market

Director Appointment

CASP
CASP Caspian Sunrise plc
06:01
Market

General Meeting Results

KAP
KAP National Atomic Co Kazatomp…
06:01
Market

Kazatomprom 4Q25 Operations and Trading Update

GDP
GDP Goldplat PLC
06:01
Market

Trading Update

FDM
FDM FDM Group Holdings PLC
06:01
Market

Total Voting Rights

ENET
ENET Ethernity Networks Ltd
06:01
Market

Placing and business update

TUN
TUN Tungsten West PLC
06:01
Market

Project Update

ASPL
ASPL Aseana Properties Limited
06:01
Market

Total Voting Rights

ESNT
ESNT Essentra PLC
06:01
Market

Transaction in Own Shares

WPM
WPM Wheaton Precious Metals Corp
06:01
Market

Issue of Equity and Total Voting Rights

3IN
3IN 3I Infrastructure PLC
06:01
Market

3i Infrastructure plc - Performance update

**3i Infrastructure PLC Q3 Performance Update (October 2025 - January 2026)** **Key Highlights:** 1. **Portfolio Performance:** - **ESVAGT:** Delivered the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two …

**3i Infrastructure PLC Q3 Performance Update (October 2025 - January 2026)**
**Key Highlights**
1. **Portfolio Performance**
**ESVAGT** Delivered the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two operational SOVs, expanding its fleet to 12 vessels with 3 more under construction.
**Joulz** Signed agreements to acquire two businesses, expected to complete in Q1 2026, increasing EBITDA by ~70% and expanding into new geographies and segments. 3iN to invest up to €107 million.
**TCR** Continued strong performance with new contract wins and a €100 million increase in its revolving credit facility. Strategic review on track.
**DNSNET:** Operationally on track but faces significant challenges due to a worsening financing environment for German fibre roll-out businesses. Equity value likely to be written down to zero by March 2026.
**SRL** Ongoing challenges with cautious recovery expectations.
**Other Portfolio Companies** Performing in line with or <mark style="background-color:yellow">above</mark> September 2025 expectations.
2. **Financials**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target of 13.45 pence per share (up 6.3% from FY25) remains on track, covered by net income.
Balance sheet£504 million drawn on £900 million RCF, £4 million cash balance, net debt of £500 million after funding Joulz acquisitions.
3. **Strategic Updates**
Investment Manager progressing near-term investment opportunities with disciplined pricing and timing.
Capital Markets Event held in January 2026 featured updates from Tampnet, Infinis, and ESVAGT.
4. **Outlook**
DNSNET’s challenges are a "disappointing outlier," but the overall portfolio remains diversified and resilient.
Focus on repaying the RCF with proceeds from future realisations.
**Conclusion**
3i Infrastructure PLC’s diversified portfolio delivered strong performance in Q3, with notable growth in ESVAGT and Joulz, despite challenges at DNS:NET and SRL. The company remains on track to meet its FY26 dividend target and continues to pursue disciplined investment opportunities.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions between the periods mentioned (FY25 and FY26).
MetricFY25FY26 (as of 30 Jan 2026)
Dividend per Share12.65 pence13.45 pence (target, up 6.3%)
Total Income and Non-Income Cash (3 months to Dec)Not specified£53 million
Net Debt PositionNot specified£500 million
RCF DrawingsNot specified£504 million (out of £900 million RCF)
Cash BalanceNot specified£4 million
DNS:NET Valuation£212 million (5.6% of NAV)Expected write-down to £0 by March 2026
Joulz Equity CommitmentNot applicableUp to €107 million
TCR Revolving Credit Facility IncreaseNot applicable€100 million (closed in Dec 2025)
### Notes: 1. **FY25 vs FY26**: The table compares available data from FY25 (e.g., DNS:NET valuation) with FY26 updates (e.g., dividend target, net debt). 2. **Missing Data**: Some FY25 figures (e.g., net debt, RCF drawings) are not provided in the text, so they are marked as "Not specified." 3. **Key Changes**: Highlights include a 6.3% dividend increase, a significant write-down of DNS:NET, and increased debt due to RCF drawings and Joulz commitments. This table can be embedded in an HTML document for clear year-on-year comparison.
ATOM
ATOM Atome Energy PLC
06:01
Market

Villeta Project Update

CHH
CHH Churchill China plc
06:01
Market

Full Year Trading Update 2025

VARE
VARE Various Eateries PLC
06:01
Market

Full Year Results

**Summary of Various Eateries PLC Full Year Results for FY25 (52 weeks ended 28 September 2025):** **Financial Highlights:** - **Revenue Growth:** Increased by 6% to £52.4 million (FY24: £49.5 million). - **Like-for-Like (LFL) Sales Gro…

**Summary of Various Eateries PLC Full Year Results for FY25 (52 weeks ended 28 September 2025):**
**Financial Highlights**
**Revenue Growth** Increased by 6% to £52.4 million (FY24: £49.5 million).
**Like-for-Like (LFL) Sales Growth** 2% overall, with Coppa Club leading at +3%. H2 LFL growth accelerated to 4%.
**Adjusted EBITDA** Record £1.4 million (FY24: £0.3 million), driven by strong trading and operational improvements.
**Gross Profit** Surged 64% to £5.7 million (FY24: £3.5 million).
**Cash Position** Cash at bank rose to £8.0 million (FY24: £5.8 million), with net cash at £4.6 million (FY24: £2.7 million).
**Operational Highlights**
**Operational Execution** Improvements in service delivery, menu focus, labour deployment, and cost discipline.
**Site Performance** Enhanced conversion rates supported by stronger venue leadership and consistent execution.
**Leadership Strengthening** Appointment of Mark Loughborough as CEO in January 2025.
**Estate Investment** Successful refurbishments and targeted enhancements to customer propositions.
**Post-Period Highlights**
**Strong Start to FY26** Group LFL sales up 9% in the festive period, led by Coppa Club (+12%).
**Brand Consolidation** Focus on Coppa Club and Noci brands, with active exploration of new Coppa Club sites.
**M&A Opportunities** Proactively evaluating high-quality, complementary acquisitions.
**Leadership Expansion** Appointment of new Managing Director and Culinary Director.
**CEO’s Statement (Mark Loughborough)**
FY25 marked a clear step forward with improved execution, stronger operational foundations, and record profitability.
Focus on scaling brands, selective estate investment, and exploring M&A opportunities for sustainable growth.
**Chairman’s Statement**
FY25 was an inflection year with a return to LFL growth, improved profitability, and strengthened operational foundations.
Momentum carried into FY26, supported by a robust leadership team and a disciplined approach to growth.
**Financial Review**
**Revenue:** £52.4 millionup 6% YoY.
**Adjusted EBITDA** £5.5 million (IFRS 16), up 27% YoY.
**Loss Before Tax** Reduced to £2.7 million (FY24: £3.4 million).
**Net Cash Flow from Operations** £7.76 million (FY24: £2.31 million).
**Net Debt** £24.5 million (FY24: £28.7 million).
**Future Outlook**
Confident in delivering strong performance in FY26, with a focus on organic growth and strategic M&A.
Continued investment in Coppa Club and Noci brands, alongside operational excellence and cost discipline.
**Conclusion**
Various Eateries PLC demonstrated resilience and growth in FY25, achieving record financial and operational milestones. With a strengthened leadership team and a clear strategic focus, the company is well-positioned for sustainable expansion in FY26 and beyond.
Here is the HTML table code comparing the financials and debt year on year for Various Eateries PLC:
MetricFY25 (£'000)FY24 (£'000)Change (%)
Revenue52,37649,4866%
Adjusted EBITDA (before IFRS 16)1,355300352%
Adjusted EBITDA (IFRS 16)5,5384,35527%
Operating Loss(785)(928)(15%)
Total Loss for the Year After Tax(2,733)(3,357)(19%)
Net Cash / (Debt) Excluding IFRS 16 Lease Liability4,5872,69070%
Cash at Bank8,0005,80038%
Net Cash4,6002,70070%
Borrowings (Current)3,3903,1398%
Borrowings (Non-Current)24,93427,424(9%)
**Notes:** * The table compares key financial metrics and debt figures for Various Eateries PLC between FY25 and FY24. * Figures are in thousands of pounds (£'000). * The change percentage is calculated as ((FY25 - FY24) / FY24) * 100. * The table includes metrics such as revenue, adjusted EBITDA, operating loss, net cash, and borrowings. This table provides a clear and concise comparison of the company's financial performance and debt position year on year.
THG
THG THG Holdings PLC
06:01
Market

Total Voting Rights

UTG
UTG Unite Group PLC
06:01
Market

Transaction in Own Shares

MACF
MACF Macfarlane Group PLC
06:01
Market

Transaction in Own Shares

CHG
CHG Chemring Group PLC
06:01
Market

Total Voting Rights

XPF
XPF XP Factory PLC
06:01
Market

Trading Update

**Summary:** XP Factory Plc, a leading UK experiential leisure company operating the Escape Hunt and Boom Battle Bar brands, released a trading update for the 2025/26 festive period. Key highlights include: 1. **Record Quarterly Sales**:…

**Summary**
XP Factory Plc, a leading UK experiential leisure company operating the Escape Hunt and Boom Battle Bar brands, released a trading update for the 2025/26 festive period. Key highlights include
1. **Record Quarterly Sales**UK Owned and Operated (O&O) revenue grew by 4.2% in the 13 weeks to December 28, 2025, with Escape Hunt O&O sales up 10.0% driven by new site openings and 6.4% like-for-like (LFL) growth.
2. **Financial Performance**Year-to-date Group unaudited pre-IFRS 16 adjusted EBITDA reached £4.8m, slightly <mark style="background-color:yellow">above</mark> the prior year. Escape Hunt maintained strong site-level EBITDA margins of circa 43%, while Boom’s margins were circa 18%.
3. **Boom Challenges**Boom O&O sales grew 2.5%, but LFL sales declined by 7.2% due to weak consumer demand, despite strong corporate bookings. Labour cost increases and sector softness impacted margins.
4. **Cost Control**The company achieved £2m in annualised cost savings to mitigate rising costs and LFL declines.
5. **Net Debt**: As of December 282025net debt stood at £5.6m.
6. **Outlook**FY26 EBITDA is expected to be below market estimates, with pre-IFRS 16 adjusted EBITDA projected at £5.0m to £6.0m. FY27 will focus on consolidation, with a slower pace of new site openings due to macroeconomic uncertainty.
7. **Long-Term Confidence**Despite near-term challenges, XP Factory remains confident in its long-term growth potential, positioning itself as a leader in the consolidating experiential leisure and competitive socialising sectors.
The company highlighted Escape Hunt’s resilience and Boom’s potential to thrive once market conditions improve, emphasizing its scale advantage in a consolidating industry.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric2024/252025/26Change
UK O&O Revenue Growth (13 weeks to 28 Dec)N/A+4.2%N/A
Year-to-Date Group Adjusted EBITDA (39 weeks to 28 Dec)£4.7m£4.8m+£0.1m
Escape Hunt UK O&O Sales Growth (13 weeks to 28 Dec)N/A+10.0%N/A
Escape Hunt UK LFL Sales Growth (13 weeks to 28 Dec)N/A+6.4%N/A
Boom UK O&O Sales Growth (13 weeks to 28 Dec)N/A+2.5%N/A
Boom UK LFL Sales Decline (13 weeks to 28 Dec)N/A-7.2%N/A
Net Debt Position (as at 28 Dec)N/A£5.6mN/A
FY Pre-IFRS16 Adjusted EBITDA GuidanceN/A£5.0m - £6.0mBelow market estimates
Labour Cost Inflation Impact (Annualised)N/A£1.5mN/A
Cost Savings Achieved (Annualised)N/A£2.0mN/A
### Notes: - **N/A**: Indicates data not available for comparison. - **Change**: Where applicable, the change is highlighted; otherwise, it is marked as N/A. - **FY Pre-IFRS16 Adjusted EBITDA Guidance**: The 2025/26 guidance is below market estimates, reflecting challenging market conditions. - **Labour Cost Inflation Impact** and **Cost Savings Achieved**: These are new metrics for 2025/26, reflecting increased focus on cost control. This table provides a clear comparison of key financials and debt metrics between the two years based on the provided text.
SSON
SSON Smithson Investment Trust P…
06:01
Market

INTERIM RESULTS ANNOUNCEMENT

**Summary of Smithson Investment Trust PLC Interim Results Announcement (February 2026):** **Overview:** Smithson Investment Trust PLC released its interim results for the twelve months ended December 31, 2025, highlighting financial perf…

**Summary of Smithson Investment Trust PLC Interim Results Announcement (February 2026):**
**Overview**
Smithson Investment Trust PLC released its interim results for the twelve months ended December 31, 2025, highlighting financial performance, strategic changes, and future plans. The report emphasizes the proposed restructuring into an open-ended investment company (OEIC) to address persistent share price discounts and enhance shareholder value.
**Financial Performance**
**Net Asset Value (NAV)** Decreased to £1,720,475,000 from £2,129,897,000 in 2024.
**NAV per Share:** Fell to 1601.5p from 1631.8p.
**Share Price** Increased to 1,566.0p from 1,484.0p, with a discount to NAV narrowing to 2.2% from 9.1%.
**Total Return** NAV total return was -1.8%, while share price total return was +5.6%, underperforming the MSCI World SMID Cap Index (+10.2%).
**Ongoing Charges Ratio** Remained stable at 0.9%.
**Strategic Changes**
**Proposed Restructuring** The Board recommends converting the company into an OEIC, allowing shareholders to participate in the same investment strategy or exit at close to NAV. This aims to eliminate the persistent share price discount.
**Share Buybacks** Repurchased 23.1 million shares in 2025, totaling 69.7 million shares (nearly 40% of pre-buyback shares) since April 2022. Buybacks ceased after the restructuring announcement.
**Dividend** Announced an interim dividend of 2.1 pence per share for the 18-month period to June 30, 2026, to maintain investment trust tax status.
**Investment Performance**
**Portfolio Performance** NAV per share total return was -1.8%, compared to +10.2% for the MSCI World SMID Index. Annualized NAV performance since inception (2018) is +6.8% pa, versus +8.6% pa for the index.
**Portfolio Changes** Increased exposure to Information Technology and Healthcare sectors, while reducing Industrials. Notable acquisitions include Vertiv Holdings, Adma Biologics, and Nutanix. Sales included Verisk Analytics, Exponent, and Choice Hotels.
**AI Exposure** Approximately 5% of the portfolio is exposed to AI-related companies, with Vertiv Holdings being a significant contributor.
**Shareholder Engagement**
**General Meetings** Shareholders approved resolutions to increase distributable reserves and authorize share repurchases. Two general meetings are scheduled for February 2026 to approve the OEIC conversion.
**Board Changes** Mike Balfour took over as Chair, and Sarika Patel joined as a non-executive director and Chair of the Audit Committee.
**Outlook**
**Restructuring Benefits** The OEIC structure will allow daily buying and selling at NAV, eliminating discounts. Shareholders can choose to roll over into the new Smithson Equity Fund or receive cash at NAV.
**Investment Strategy** The existing strategy will be replicated in the OEIC, managed by Fundsmith, focusing on high-quality, growing companies.
**Market Conditions** The portfolio is positioned to benefit from changing market dynamics, with a focus on quality and valuation discipline.
**Conclusion**
Smithson Investment Trust PLC’s interim results reflect a challenging year for performance but highlight significant strategic initiatives to enhance shareholder value. The proposed restructuring into an OEIC aims to address long-standing issues with share price discounts, offering shareholders greater flexibility and alignment with the investment strategy. The Board remains focused on long-term growth and shareholder interests.
Here is the HTML table code comparing the financials and debt year on year for Smithson Investment Trust PLC:
Metric20242025Change
Net Assets (£'000)2,129,8971,720,475-19.2%
Net Asset Value (NAV) per share (p)1,631.81,601.5-1.9%
Share Price (p)1,484.01,566.0+5.5%
Share Price Discount to NAV (%)9.1%2.2%-7.9%
NAV Total Return per share (%)2.1%-1.8%-3.9%
Share Price Total Return (%)4.9%5.6%+0.7%
Ongoing Charges Ratio (%)0.9%0.9%0%
Total Loss After Tax (£'000)(8,112)(62,839)-675.9%
Capital Loss (£'000)(12,483)(67,474)-440.5%
Revenue Profit (£'000)4,3714,635+6.0%
**Notes:** * The table compares key financials and debt metrics for Smithson Investment Trust PLC between 2024 and 2025. * The data is extracted from the provided text, which includes the company's interim results announcement. * The "Change" column calculates the percentage change between 2024 and 2025 for each metric. * The table does not include all metrics mentioned in the text, but focuses on the most relevant financials and debt-related figures. This table provides a clear and concise comparison of the company's financial performance and debt position between the two years.
PETS
PETS Pets at Home Group Plc
06:01
Market

Transaction in Own Shares

OXB
OXB Oxford BioMedica PLC
06:01
Market

Total Voting Rights

BTRW
BTRW Barratt Redrow plc
06:01
Market

Transaction in Own Shares

PACS
PACS PACSCo Limited
06:01
Market

FY 2025 Results

HILS
HILS Hill & Smith Holdings PLC
06:01
Market

Transaction in Own Shares

ORR
ORR Oriole Resources PLC
06:01
Market

Total Voting Rights

PLUS
PLUS Plus500 Ltd
06:01
Market

Transaction in Own Shares

CPX
CPX CAP-XX Limited
06:01
Market

Interim Results

JSG
JSG Johnson Service Group Plc
06:01
Market

Total Voting Rights

TOO
TOO Tooru Plc
06:01
Market

Juvela update: OAF new listing with major retailer

**Summary:** Tooru PLC, an AIM-listed company specializing in the branded health and wellness sector, announced significant progress for its retail-focused free-from brand, OAF. Initially launched by its subsidiary Juvela with listings in…

**Summary**
Tooru PLC, an AIM-listed company specializing in the branded health and wellness sector, announced significant progress for its retail-focused free-from brand, OAF. Initially launched by its subsidiary Juvela with listings in TESCO, OAF has seen strong sales growth and expanded product offerings in TESCO stores, including three new products set to launch after Easter. Additionally, ASDA, another major UK retailer, will begin listing select OAF products in its stores starting April 2026. This expansion highlights OAF’s growing appeal in the fast-growing free-from market, driven by increasing consumer demand for healthier, ingredient-conscious food options. CEO Scott Livingston expressed optimism about continued distribution growth across Tooru’s portfolio, anticipating further sales growth in the coming year. The announcement underscores Tooru’s strategic focus on capitalizing on the health and wellness trend.
The provided text does not contain any financial or debt-related data for comparison. It is a press release announcing the listing of Tooru PLC's OAF brand in ASDA stores, along with some operational updates. Since there is no financial or debt information available, I cannot generate an HTML table comparing financials and debt year on year. However, if you provide the necessary financial data, I'd be happy to help create the HTML table. Here's an example of what the table structure might look like:
YearRevenue (£)Net Income (£)Total Debt (£)Debt-to-Equity Ratio
2025............
2026............
Please provide the relevant financial data, and I'll be happy to assist you in creating the HTML table.
EMVC
EMVC EMV Capital plc
06:01
Market

Trading and Portfolio Update

**Summary:** EMV Capital PLC, a deep tech, life sciences, and sustainability venture capital investment group, released a trading and portfolio update for the year ended 31 December 2025. The company reported strong operational and portfo…

**Summary**
EMV Capital PLC, a deep tech, life sciences, and sustainability venture capital investment group, released a trading and portfolio update for the year ended 31 December 2025. The company reported strong operational and portfolio performance, with total Assets Under Management (AUM) exceeding £100 million. Key highlights include
1. **Operational Growth**Scaling of the core venture capital platform, increased AUM, and strengthened revenue streams.
2. **Portfolio Support**Syndicated fundraisings totaling £12.0 million across 14 portfolio companies, and advancement of the Venture Building program, generating £10.4 million in fair value creation.
3. **Strategic Acquisitions**Acquisition of XF-73 intellectual property and clinical assets from Destiny Pharma Limited, forming AMR Bio Limited.
4. **Financial Performance**Group revenue grew by 16% to £2.8 million, driven by higher corporate finance fees and increased fundraising activity. EMV Capital core revenue increased to £3.2 million, covering a significant portion of operating costs.
5. **Portfolio Highlights**Notable progress in portfolio companies like Wanda Health, EpiBone, AMR Bio, Deeptech Recycling Technologies, Sofant Technologies, Q-Bot, and Martlet Capital, with successful fundraisings, strategic milestones, and value creation.
Despite challenging market conditions, EMV Capital remains focused on disciplined capital deployment, proactive portfolio management, and scaling its platforms. The company is well-positioned to navigate market uncertainty and benefit from a recovery in capital markets.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric20242025Change
Total AUM (£ million)98.5>100+1.5% (minimum)
Group Revenue (£ million)2.5~2.8+12%
EMV Capital Core Revenue (£ million)2.4~3.2+33.3%
Group Cash Balance (£ million)1.00.5-50%
Quoted Securities (£ million)1.4~0.3-78.6%
Syndicated Fundraisings (£ million)10.612.0+13.2%
Portfolio Companies Supported1214+16.7%
### Notes: 1. **AUM**: The 2025 figure is stated as "in excess of £100 million," so the change is calculated based on the minimum increase. 2. **Revenue and Cash Figures**: Approximate values are denoted with "~" as per the text. 3. **Syndicated Fundraisings and Portfolio Companies**: Direct year-on-year comparisons are provided based on the given data. 4. **Quoted Securities**: The decrease reflects the reduction in readily realisable quoted securities held by the Group. This table provides a clear comparison of key financial and operational metrics between 2024 and 2025.
TBCG
TBCG TBC Bank Group PLC
06:01
Market

Total Voting Rights

RWS
RWS RWS Holdings PLC
06:01
Market

Total Voting Rights

TBCG
TBCG TBC Bank Group PLC
06:01
Market

Transaction in Own Shares

ESNT
ESNT Essentra PLC
06:01
Market

Total Voting Rights

BSFA
BSFA BSF Enterprise Plc
06:01
Market

Annual Financial Report

**Summary of BSF Enterprise PLCs Annual Financial Report (2025):** BSF Enterprise PLC, a leader in tissue-engineered materials, released its Annual Report for the year ended September 30, 2025, highlighting significant progress across its…

**Summary of BSF Enterprise PLCs Annual Financial Report (2025):**
BSF Enterprise PLC, a leader in tissue-engineered materials, released its Annual Report for the year ended September 30, 2025, highlighting significant progress across its subsidiaries and strategic initiatives.
**Key Highlights**
1. **Commercial and Technical Progress**
Subsidiaries 3D Bio-Tissues (3DBT), Lab-Grown Leather (LGL), and Kerato achieved notable advancements.
Launched CytoBoost™ bioactive media additive and expanded City-Mix™ for cost-effective cultivated meat production.
Developed the worlds first 2mm-thick scaffold-free leather, collaborating with luxury fashion brands.
Secured a licensing agreement with the University of Montreal for liquid cornea technology, with veterinary trials planned for 2026 and human trials in 2027.
2. **Financial Performance**
Reduced net loss to £1,013,527 (from £1,672,291 in 2024) due to cost control and increased grant income.
Strategic fundraising initiatives, including shareholder approval for up to £15 million via warrants, to support commercialization, spin-outs, and expansion in Greater China.
3. **Strategic Achievements**
Expanded into Greater China, laying the foundation for local cultivated meat production.
Strengthened sustainability and ESG commitments, aligning with the Task Force on Climate-Related Financial Disclosures (TCFD).
4. **Future Plans (2026)**
Commercialize CytoBoost™ and City-mixⓇ.
Scale up lab-grown leather production and produce T-Rex leather for sale.
Complete veterinary clinical trials for corneal implants, advancing toward human trials in 2027.
Expand cultivated meat production in Greater China.
Explore acquisitions of compatible businesses.
**Financial Summary**
Revenue: £52840 (2024: £57821)
Loss before taxation: £1216970 (2024: £1797506)
Loss for the year: £1113527 (2024: £1672291)
Cash and cash equivalents: £149020 (2024: £637656)
**Corporate Governance and Sustainability:**
Committed to ethical valuesshareholder engagementand sustainability.
Adopted anti-bribery and anti-corruption policies.
Focused on diversity and environmental responsibility, aligning with TCFD recommendations.
**Conclusion**
BSF Enterprise PLC demonstrated significant progress in 2025, with strategic advancements, reduced losses, and a clear roadmap for 2026. The company is well-positioned for long-term growth in sustainable, tissue-engineered materials, supported by strong governance and sustainability commitments.
Here is the HTML table code comparing the financials and debt year on year for BSF Enterprise PLC: tr>
Financial Metric2024 (£)2025 (£)Change (£)Change (%)
Revenue57,82152,840(4,981)(8.61%)
Gross Loss(26,644)(18,159)8,48531.85%
Operating Loss(1,791,360)(1,215,089)576,27132.17%
Loss Before Taxation(1,797,506)(1,216,970)580,53632.29%
Loss for the Year(1,672,291)(1,113,527)558,76433.41%
Cash and Cash Equivalents637,656149,020(488,636)(76.66%)
Total Assets3,495,4573,006,895(488,562)(13.98%)
Total Liabilities305,075289,016(16,059)(5.26%)
Total Equity3,190,3822,717,879(472,503)(14.81%)
0.00%
Debt Metric2024 (£)2025 (£)Change (£)Change (%)
Lease Liabilities (Current)78,0500(78,050)(100.00%)
Lease Liabilities (Non-Current)0000.00%
Total Lease Liabilities78,0500(78,050)
**Notes:** * The financial metrics are extracted from the Consolidated Statement of Comprehensive Income and Consolidated Statement of Financial Position. * The debt metrics are extracted from the Consolidated Statement of Financial Position, specifically the lease liabilities. * The change and percentage change are calculated based on the difference between the 2025 and 2024 values. * The tables show that BSF Enterprise PLC's revenue decreased by 8.61%, while its losses decreased significantly (32-33%). * The company's cash and cash equivalents decreased by 76.66%, and its total assets decreased by 13.98%. * The total lease liabilities decreased to £0 in 2025, indicating that the company has paid off its lease obligations.
BBSN
BBSN Brave Bison Group PLC
06:01
Market

Major Contract Win

**Summary:** Brave Bison Group PLC, a global marketing and technology partner, announced a major contract win for its subsidiary MiniMBA, the UKs leading marketing skills and training platform. MiniMBA has secured a €1.3 million contract …

**Summary**
Brave Bison Group PLC, a global marketing and technology partner, announced a major contract win for its subsidiary MiniMBA, the UKs leading marketing skills and training platform. MiniMBA has secured a €1.3 million contract with one of the worlds largest food and beverage conglomerates to train thousands of employees across the Asia-Pacific (APAC) region in 2026 using its MiniMBA in Brand Management program. This contract, the largest in MiniMBAs history, comes just six months after its acquisition by Brave Bison and will be recognized in the current financial year.
The deal highlights the growing demand for advanced marketing training among global organizations and reinforces MiniMBAs position as a leader in marketing education. Brave Bison operates across eight countries, offering digital services, digital media, and marketing skills training through its Digital Services and Digital Content divisions. Notable clients include New Balance, Google, Formula 1, and American Express. The announcement was made via the London Stock Exchanges Regulatory News Service (RNS), emphasizing its significance as inside information now in the public domain.
NewContract
OCI
OCI Oakley Capital Investments …
06:01
Market

Total Voting Rights

GLV
GLV Glenveagh Properties PLC
06:01
Market

Transaction in Own Shares

KGF
KGF Kingfisher PLC
06:01
Market

Transaction in Own Shares

LSEG
LSEG London Stock Exchange Group…
06:01
Market

Transaction in Own Shares

PSON
PSON Pearson PLC
06:01
Market

Transaction in Own Shares

RCP
RCP RIT Capital Partners
06:01
Market

Transaction in Own Shares

BCG
BCG Baltic Classifieds Group PLC
06:01
Market

Transaction in Own Shares

BCG
BCG Baltic Classifieds Group PLC
06:01
Market

Total Voting Rights

BPT
BPT Bridgepoint Group Plc
06:01
Market

Total Voting Rights

GROW
GROW Draper Esprit PLC
06:01
Market

Investor Day

DSCV
DSCV Discoverie Group PLC
06:01
Market

Q3 Trading Update

**Summary:** discoverIE Group plc, a leading designer and manufacturer of customised electronics for industrial applications, released its Q3 trading update for the period ending December 31, 2025. Key highlights include: 1. **Sales Grow…

**Summary**
discoverIE Group plc, a leading designer and manufacturer of customised electronics for industrial applications, released its Q3 trading update for the period ending December 31, 2025. Key highlights include
1. **Sales Growth**Group sales increased by 5% at constant exchange rates (CER) and 1% organically.
2. **Order Growth**Orders rose by 9% at CER and 4% organically, with a book-to-bill ratio of 1.03x.
3. **Operational Performance**The Controls unit showed improved sales and order trends compared to the first half of the year.
4. **Financial Health**Gross margins remained strong, working capital was tightly managed, and cash generation continued robustly.
5. **Acquisitions**The acquisition of Keymat Technology Ltd was completed, and approval for the acquisition of Trival Antene d.o.o is in progress, with a healthy pipeline of further opportunities.
6. **Outlook**The Group is on track to meet full-year adjusted earnings expectations and remains well-positioned for through-cycle growth, both organically and inorganically.
The update emphasizes discoverIE’s focus on structural growth markets, sustainability, and long-term customer relationships, supported by its strong ESG ratings and global presence.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not explicitly provide detailed financial or debt figures for comparison, the table is structured to reflect the key metrics mentioned in the trading update, with placeholders for actual data where specific figures are not provided.
discoverIE Group plc - Q3 Trading Update (Year-on-Year Comparison)
MetricQ3 2025Q3 2024
Group Sales Growth (CER)+5%N/A
Group Sales Growth (Organic)+1%N/A
Group Orders Growth (CER)+9%N/A
Group Orders Growth (Organic)+4%N/A
Book-to-Bill Ratio1.03xN/A
Gross MarginsRobustRobust
Working Capital ManagementTightly ManagedTightly Managed
Cash GenerationStrongStrong
Debt (if available)N/AN/A
### Notes: 1. **CER**: Constant Exchange Rate. 2. **Organic Growth**: Excludes the first 12 months of acquisitions post-completion. 3. **Book-to-Bill Ratio**: Orders received divided by revenue billed. 4. **Gross Margins, Working Capital, Cash Generation**: Described qualitatively as "Robust" and "Strong" without specific figures. 5. **Debt**: Not explicitly mentioned in the text, hence marked as "N/A". This table can be expanded or updated with actual figures if more detailed financial data becomes available.
LIO
LIO Liontrust Asset Management
06:01
Market

Transaction in Own Shares

VOD
VOD Vodafone Group PLC
06:01
Market

Transaction in Own Shares

APTD
APTD Aptitude Software Group PLC
06:01
Market

Transaction in Own Shares

HSW
HSW Hostelworld Group PLC
06:01
Market

Transaction in Own Shares

FAIR
FAIR Fair Oaks Income Limited
06:01
Market

Transaction in Own Shares

NEWS
NEWS Pathos Commun Ltd
06:01
Market

Trading Update

**Summary:** Pathos Communications PLC, a technology-enabled, human-led PR company, released a trading update on February 2, 2026, highlighting a strong finish to FY25 and a positive start to FY26. The company exceeded market expectations…

**Summary**
Pathos Communications PLC, a technology-enabled, human-led PR company, released a trading update on February 2, 2026, highlighting a strong finish to FY25 and a positive start to FY26. The company exceeded market expectations for FY25, reporting revenue of $13.2 million (up from $11.4 million in FY24) and adjusted EBITDA of $2.9 million (up from $1.9 million in FY24). This growth was driven by strong volumes, an improved product mix focusing on higher-quality publications, and enhanced cash collection processes.
Key highlights include
1. **Financial Performance**FY25 results surpassed market expectations, with revenue and adjusted EBITDA growth.
2. **Cash Position**Net cash stood at $6.2 million as of December 31, 2025, supported by a successful fundraise and AIM admission.
3. **Business Development**Proprietary AI tools (PathosMind and Pressella) are progressing, and strategic partnerships are being onboarded to enhance growth.
4. **Outlook**FY26 has started well, with the Client Success team and AI-driven improvements driving performance. The company aims to democratize PR for 400 million SMEs globally.
5. **Upcoming Events**Pathos will host an investor presentation on February 4, 2026, via Investor Meet Company, open to all shareholders.
CEO Omar Hamdi expressed optimism about the companys prospects, citing its strong financial performance, growth opportunities, and driven team. Pathos remains focused on expanding its reach and developing technology to serve SMEs globally.
Below is the HTML table code comparing the financials and debt (net cash) year-on-year for Pathos Communications PLC based on the provided text:
MetricFY24FY25
Revenue (US$ million)11.413.2
Adjusted EBITDA (US$ million)1.92.9
Net Cash (US$ million)N/A6.2
### Explanation: - **Revenue**: Increased from US$11.4 million in FY24 to US$13.2 million in FY25. - **Adjusted EBITDA**: Increased from US$1.9 million in FY24 to US$2.9 million in FY25. - **Net Cash**: Not available for FY24, but reported as US$6.2 million in FY25. This table provides a clear year-on-year comparison of the key financial metrics mentioned in the text.
PIN
PIN Pantheon International PLC
06:01
Market

Transaction in Own Shares

SEQI
SEQI Sequoia Econ Infrastructure
06:01
Market

Transaction in Own Shares

MTO
MTO Mitie Group PLC
06:01
Market

Transaction in Own Shares

HTWS
HTWS Helios Towers Plc
06:01
Market

Transaction in Own Shares

PRU
PRU Prudential plc
06:01
Market

Transaction in Own Shares

HTG
HTG Hunting PLC
06:01
Market

Total Voting Rights

BKG
BKG The Berkeley Group Holdings…
06:01
Market

Total Voting Rights

AEO
AEO Aeorema Communications Plc
06:01
Market

Transaction in Own Shares

HSW
HSW Hostelworld Group PLC
06:01
Market

Total Voting Rights

PPET
PPET Patria Private Equity Trust
06:01
Market

Transaction in Own Shares

WTB
WTB Whitbread PLC
06:01
Market

Transaction in Own Shares

BPT
BPT Bridgepoint Group Plc
06:01
Market

Transaction in Own Shares

TRN
TRN Trainline Plc
06:01
Market

Total Voting Rights

BATS
BATS British American Tobacco PLC
06:01
Market

Transaction in Own Shares

GFRD
GFRD Galliford Try PLC
06:01
Market

Transaction in Own Shares

UKW
UKW Greencoat UK Wind PLC
06:01
Market

Transaction in Own Shares

STG
STG Strip Tinning Holdings PLC
06:01
Market

Pre-Close Trading Update

EXPN
EXPN Experian PLC
06:01
Market

Transaction in Own Shares

KYGA
KYGA Kerry Group
06:01
Market

Transaction in Own Shares

INCH
INCH Inchcape PLC
06:01
Market

Transaction in Own Shares

IGG
IGG IG Group Holdings PLC
06:01
Market

Transaction in Own Shares

GAMA
GAMA Gamma Communications PLC
06:01
Market

Transaction in Own Shares

BBH
BBH Bellevue Healthcare Trust P…
06:01
Market

Transaction in Own Shares

TRIG
TRIG Renewables Infrastructure G…
06:01
Market

Transaction in Own Shares

INPP
INPP International Public Partne…
06:01
Market

Transaction in Own Shares

HVPE
HVPE HarbourVest Global Private …
06:01
Market

Transaction in Own Shares

SSPG
SSPG SSP Group PLC
06:01
Market

Transaction in Own Shares

KNOS
KNOS Kainos Group PLC
06:01
Market

Transaction in Own Shares

CHRY
CHRY Chrysalis Investments Ltd
06:01
Market

Transaction in Own Shares

FRAS
FRAS Frasers Group PLC
06:01
Market

Total Voting Rights

BGO
BGO Bango plc
06:01
Market

Total Voting Rights

PAY
PAY PayPoint plc
06:01
Market

Transaction in Own Shares

TRN
TRN Trainline Plc
06:01
Market

Transaction in Own Shares

FRAS
FRAS Frasers Group PLC
06:01
Market

Transaction in Own Shares

CLDN
CLDN Caledonia Investments
06:01
Market

Total Voting Rights

PEN
PEN Pennant International Group…
06:01
Market

Training Systems Contract Win

**Summary:** Pennant International Group PLC (AIM: PEN) announced a new £0.6 million contract win within its Training Systems segment, supplying a part task trainer for technical training in the nuclear sector. This achievement marks a si…

**Summary**
Pennant International Group PLC (AIMPEN) announced a new £0.6 million contract win within its Training Systems segment, supplying a part task trainer for technical training in the nuclear sector. This achievement marks a significant milestone, as the company has now secured over £10 million in new orders within the Training Systems segment since its interim results in September 2025, fully converting its short-term pipeline opportunities. This contributes to an order book covering approximately 80% of the markets FY26 revenue expectations of £13.0 million. Pennant, a global provider of system support software, technical services, and training solutions, continues to focus on sustainable growth in recurring and repeatable revenues, particularly in high-margin software and services, amid increasing demand in defense, aerospace, and other safety-critical sectors.
NewContract
VOF
VOF VinaCapital Vietnam Opportu…
06:01
Market

Transaction in Own Shares

DRX
DRX Drax Group PLC
06:01
Market

Transaction in Own Shares

GMR
GMR Gaming Realms plc
06:01
Market

Transaction in Own Shares

NCC
NCC NCC Group plc
06:01
Market

Transaction in Own Shares

DATA
DATA GlobalData PLC
06:01
Market

Transaction in Own Shares

AHT
AHT Ashtead Group PLC
06:01
Market

Transaction in Own Shares

CLDN
CLDN Caledonia Investments
06:01
Market

Transaction in Own Shares

BAB
BAB Babcock International Group…
06:01
Market

Transaction in Own Shares

B90
B90 B90 Holdings PLC
06:01
Market

Trading Update

**Summary:** B90 Holdings PLC, a digital marketing group focused on the global i-gaming industry, released a trading update for the year ended December 31, 2025, ahead of its full-year audited results. The company reported: 1. **Strong F…

**Summary**
B90 Holdings PLC, a digital marketing group focused on the global i-gaming industry, released a trading update for the year ended December 31, 2025, ahead of its full-year audited results. The company reported
1. **Strong Financial Performance**Revenue is expected to exceed market expectations due to robust campaign performance, while EBITDA is anticipated to align with market forecasts, reflecting higher marketing spend driven by increased competition and rising costs in Google-led acquisition channels.
2. **Operational Highlights**B90 has deepened its use of automation, AI, and machine learning, enabling scalable growth without proportional overhead increases. This has enhanced campaign efficiency, improved partner returns, and supported margin progression. The pay-per-click operations delivered a growing volume of high-quality leads and first-time depositing customers (FTDs) to an expanding B2B partner base.
3. **Strategic Focus**The company maintained a disciplined approach to operational cash generation, funding marketing investments from cash flow. This allowed selective reinvestment in high-performing activities while controlling costs.
4. **Outlook for 2026**B90 expects to continue its strategic focus on automation, AI-driven optimization, and scalable growth. The company is well-positioned to benefit from major global sporting events like the 2026 FIFA World Cup, which historically boost customer acquisition and FTD volumes.
5. **Leadership Commentary**Executive Chairman Ronny Breivik emphasized priorities for 2026, including scaling core operations, increasing automation, selective marketing investment, strengthening partner networks, and disciplined cash management to drive continued growth and improved operating leverage.
B90 remains confident in delivering another year of significant revenue and EBITDA growth. The announcement complies with Market Abuse Regulation (EU) No. 596/2014 as part of UK domestic law.
Since the provided text does not contain specific financial or debt figures for comparison, I'll create a general HTML table structure that you can fill in with actual data once available. The table will compare financials and debt year-on-year (2024 vs. 2025). < lang="en">B90 Holdings PLC Financials and Debt Comparison

B90 Holdings PLC Financials and Debt Comparison (2024 vs. 2025)

td>+X%
Metric20242025Change
Revenue£X,XXX,XXX£X,XXX,XXX+X%
EBITDA£X,XXX,XXX£X,XXX,XXX
Marketing Spend£X,XXX,XXX£X,XXX,XXX+X%
Total Debt£X,XXX,XXX£X,XXX,XXX+/-X%
Cash Generated from Operations£X,XXX,XXX£X,XXX,XXX+X%

Note: Actual figures are not provided in the given text. Please replace placeholders with real data.

This HTML code creates a table with columns for the metric, values for 2024 and 2025, and the percentage change between the two years. The table is styled with basic CSS for readability. Replace the placeholders (`£X,XXX,XXX` and `+X%`) with actual financial data once available.
MRO
MRO Melrose Industries PLC
06:01
Market

Transaction in Own Shares

EDIN
EDIN Edinburgh Investment Trust
06:01
Market

Transaction in Own Shares

NXT
NXT Next PLC
06:01
Market

Total Voting Rights

CAML
CAML Central Asia Metals Plc
06:01
Market

Transaction in Own Shares

ECEL
ECEL Eurocell PLC
06:01
Market

Transaction in Own Shares

PETS
PETS Pets at Home Group Plc
06:01
Market

Total Voting Rights

EMG
EMG Man Group PLC
06:01
Market

Total Voting Rights

GYM
GYM The GYM Group PLC
06:01
Market

Transaction in Own Shares

EVOK
EVOK EVOKE PLC
06:01
Market

Total Voting Rights

ENT
ENT Entain PLC
06:01
Market

Total Voting Rights

AIE
AIE Ashoka India Equity Investm…
06:01
Market

Total Voting Rights

BBY
BBY Balfour Beatty plc
06:01
Market

BALFOUR BEATTY SECURES £315M WARWICKSHIRE CONTRACT

**Summary:** Balfour Beatty PLC has secured a £315 million seven-year contract for Warwickshire Highways Maintenance, awarded by Coventry City Council, Solihull Metropolitan Borough Council, and Warwickshire County Council. This marks the…

**Summary**
Balfour Beatty PLC has secured a £315 million seven-year contract for Warwickshire Highways Maintenance, awarded by Coventry City Council, Solihull Metropolitan Borough Council, and Warwickshire County Council. This marks the companys third consecutive term for this contract, extending their partnership through Spring 2033, with a potential six-year extension worth up to £900 million. Balfour Beatty Living Places will manage road maintenance for over 5,000 kilometers of roads and 55,000 streetlights, utilizing a digitally enabled operating model to enhance efficiency and council oversight. The contract, commencing in Spring 2026, will employ around 160 people, including graduates and apprentices. Philip Hoare, Balfour Beatty Group Chief Executive, emphasized the importance of long-term partnerships in delivering essential infrastructure and community benefits. This award builds on Balfour Beattys strong track record since 2011, showcasing effective asset management and collaboration with local authorities.
NewContract
VTY
VTY Vistry Group PLC
06:01
Market

Transaction in Own Shares

MRV
MRV Amati AIM VCT plc
06:01
Market

Total Voting Rights

TRCS
TRCS Tracsis Plc
06:01
Market

Total Voting Rights

JDW
JDW J D Wetherspoon PLC
06:01
Market

Total Voting Rights

ELIX
ELIX Elixirr International Plc
06:01
Market

Acquisition of Kvadrant Consulting A/S

ACSO
ACSO Accesso Technology Group PLC
06:01
Market

Total Voting Rights

AUTO
AUTO Auto Trader Group plc
06:01
Market

Total Voting Rights

BYIT
BYIT Bytes Technology Ltd
06:01
Market

Total Voting Rights

HERC
HERC Hercules Site Services PLC
06:01
Market

Advantage NRG secures £6.5m of contracted works

**Summary:** Hercules PLC, a leading UK infrastructure and construction services group, announced on February 2, 2026, that its subsidiary Advantage NRG has secured £6.5 million in contracted works across two major electricity networks: E…

**Summary**
Hercules PLC, a leading UK infrastructure and construction services group, announced on February 2, 2026, that its subsidiary Advantage NRG has secured £6.5 million in contracted works across two major electricity networks: Electricity North West and Scottish and Southern Electricity Networks. These contracts, running from January to December 2026, are part of existing framework agreements and will require up to 52 skilled operatives at peak delivery, highlighting Advantage NRGs growing operational scale and technical capability. The works reflect the increasing demand for skilled linesmen as the UK invests heavily in upgrading its electrical infrastructure to meet rising energy needs, with National Grid planning £58 billion in investments. The contracts provide strong revenue visibility for Advantage NRG in 2026 and beyond, positioning Hercules as a trusted partner in the power and energy sector. CEO Brusk Korkmaz emphasized the groups readiness to capitalize on the growing need for specialist labor in this sector.
NewContract
AEP
AEP Anglo-Eastern Plantations P…
06:01
Market

Trading Statement and Notice of Results

FEVR
FEVR Fevertree Drinks Plc
06:01
Market

Total Voting Rights

DNLM
DNLM Dunelm Group PLC
06:01
Market

Total Voting Rights

RPI
RPI Raspberry Pi Holdings PLC
06:01
Market

Total Voting Rights

CPG
CPG Compass Group PLC
06:01
Market

Total Voting Rights

CYPC
CYPC China Yangtze Power Co. Ltd…
06:01
Market

Announcement on 2025 Preliminary accounting data

VEIL
VEIL Vietnam Enterprise Investme…
06:01
Market

Transaction in Own Shares

93TH
93TH 93TH
06:01
Market

Issue of Debt

93TH
93TH 93TH
06:01
Market

Issue of Debt

93TH
93TH 93TH
06:01
Market

Issue of Debt

RHR
RHR Responsible Housing REIT PLC
06:01
Market

Result of WRAP Retail Offer

BOY
BOY Bodycote PLC
06:01
Market

Transaction in Own Shares

BRIG
BRIG BlackRock Income and Growth…
06:01
Market

Total Voting Rights

BRGE
BRGE BlackRock Greater Europe In…
06:01
Market

Total Voting Rights

MOON
MOON Moonpig Group PLC
06:01
Market

Transaction in Own Shares

ACRM
ACRM Acuity RM Group Plc
06:01
Market

Contract

**Summary:** Acuity RM Group plc (AIM: ACRM), a cybersecurity and risk management software provider, announced a significant contract renewal and upgrade with a North American bank. The renewed three-year contract includes a 280% increase…

**Summary**
Acuity RM Group plc (AIMACRM), a cybersecurity and risk management software provider, announced a significant contract renewal and upgrade with a North American bank. The renewed three-year contract includes a 280% increase in fees compared to the original agreement, with a total value exceeding £160,000. This renewal boosts Acuitys contracted future revenues to over £2 million. Since the initial implementation in 2023, the bank has expanded its use of Acuitys STREAM® software platform, which supports Governance, Risk, and Compliance (GRC) functions. David Rajakovich, Acuitys CEO, highlighted the banks decision as a <mark style="background-color:yellow">test</mark>ament to the measurable value delivered by the platform. Acuity remains focused on sustainable growth through organic expansion and strategic acquisitions, serving diverse sectors including government, defense, healthcare, and manufacturing.
**Key Points**
**Contract Renewal** 3-year extension with a 280% fee increase.
**Total Value:** Over £160000lifting future revenues to £2m+.
**Customer Growth** Increased adoption of STREAM® software since 2023.
**CEO Comment** David Rajakovich emphasized the platforms value and commitment to client growth.
**Company Focus** Sustainable growth via organic and acquisitive strategies.
NewContract
NBPE
NBPE NB Private Equity Partners …
06:01
Market

NBPE Announces Total Voting Rights

OOA
OOA Octopus Aim Vct Plc
06:01
Market

Total Voting Rights and Capital

OTV2
OTV2 Octopus Titan VCT
06:01
Market

Total Voting Rights and Capital

OFG
OFG Octopus Future Generations …
06:01
Market

Portfolio Update

FSG
FSG Foresight Group Holdings Li…
06:01
Market

Total Voting Rights

FSG
FSG Foresight Group Holdings Li…
06:01
Market

Transaction in Own Shares

ICGT
ICGT ICG Enterprise Trust PLC
06:01
Market

Voting Rights and Capital

NBPE
NBPE NB Private Equity Partners …
06:01
Market

NBPE Announces Transaction in Own Shares

OSEC
OSEC Octopus Aim VCT 2 PLC
06:01
Market

Total Voting Rights and Capital

NBPE
NBPE NB Private Equity Partners …
06:01
Market

NBPE Announces Change in Joint Corporate Broker

OFG
OFG Octopus Future Generations …
06:01
Market

Total Voting Rights and Capital

YNGN
YNGN Young & Co.s Brewery P.L.C
06:01
Market

Transaction in Own Shares

ICGT
ICGT ICG Enterprise Trust PLC
06:01
Market

Transaction in Own Shares

OAP3
OAP3 Octopus Apollo VCT PLC
06:01
Market

Total Voting Rights and Capital

PSH
PSH Pershing Square Holdings Ltd
06:01
Market

Transaction in Own Shares

Digested News

The ticker catalyst tape is rendered as native mobile cards. Articles and ticker links stay clickable.

LABS logo LABS

Holding(s) in Company

Life Science REIT PLC

TR1 Buy
['Bank of America Corporation', '5.145157', '0.000000']
LABS logo LABS

Holding(s) in Company

Life Science REIT PLC

TR1 Buy
['Legal & General Group Plc (Group)', '2.960000', '3.990000']
IEM logo IEM

Holding(s) in Company

Impax Environmental Markets PLC

<mark style="background-coloryellow">TR1</mark> Buy
['Bank of Montreal', 'Below 5', '6.870620']
NTVO logo NTVO

Holding(s) in Company

Nativo Resources plc

<mark style="background-coloryellow">TR1</mark> Buy
['YA II PN LTD', '< 3', '5.70']
ICG logo ICG

Holding(s) in Company

Intermediate Capital Group PLC

TR1 Buy
['Wellington Management Group LLP', '4.650000', '4.840000']
OPT logo OPT

Holding(s) in Company

Optima Health plc

TR1 Buy
['Octopus Investments Limited', '16.050000', '15.990000']
IPF logo IPF

Holding(s) in Company

International Personal Finance PLC

TR1 Buy
['JPMorgan Chase & Co.', '0.057686', '0.310184']
IPF logo IPF

Holding(s) in Company

International Personal Finance PLC

TR1 Buy
['HSBC Holdings plc', '8.585000', '7.941000']
SSPG logo SSPG

Director/PDMR Shareholding

SSP Group PLC

<mark style="background-coloryellow">Purchase</mark> of Partnership Shares and allocation of Matching Shares under the UK SIP.
SGE logo SGE

Director/PDMR Shareholding

Sage Group PLC

Sage announces that on 1 February 2026, Aaron Harris and Walid Abu-Hadba, each, a person discharging managerial responsibilities for Sage, and Amy Cosgrove, a PCA to Aaron Harris, acquired rights to <mark style="background-color:yellow">purchase</mark> ordinary shares of 14/77 pence each in Sage ("Ordinary Shares") under the Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an all-employee share plan operated for Sages US employees. The share purchase will occur, subject to and in accordance with the CSPP rules, at the end of a 6-month offering period ("Offering Period"), on 3 August 2026.
LABS logo LABS

Holding(s) in Company

Life Science REIT PLC

TR1 Buy
['Rathbones Investment Management Ltd', '3.030600', '10.615200']
AIE logo AIE

Holding(s) in Company

Ashoka India Equity Investment Trust PLC

TR1 Buy
['Evelyn Partners Limited', '9.954870', '10.010783']
HRI logo HRI

Holding(s) in Company

Herald Investment Trust

TR1 Buy
['Rathbones Investment Management Ltd', '10.974100', '11.946800']
KIE logo KIE

Holding(s) in Company

Kier Group PLC

TR1 Buy
['UBS Group AG-Investment Bank & Global Wealth Management', '5.304018', '0.000000']
IPF logo IPF

Form 8.3

International Personal Finance PLC

IPF logo IPF

Form 8.3

International Personal Finance PLC

MMIT logo MMIT

Holding(s) in Company

Mobius Investment Trust PLC

TR1 Buy
['1607 Capital Partners, LLC', '0.000000', '5.010019']
OHGR logo OHGR

Holding(s) in Company

One Health Group Plc

TR1 Buy
['Octopus Investments Limited', '14.750000', '15.660000']
CCT logo CCT

New Share Buyback Programme

Character Group

**Summary**
The Character Group plc (AIMCCT) announced the launch of a new share buyback programme, the **2026 Share Buyback Programme**, on February 2, 2026. This follows the completion of its previous buyback programme, which repurchased approximately £3.0 million worth of ordinary shares between October 2024 and January 2026. The new programme aims to repurchase up to £3.0 million worth of ordinary shares, funded by existing cash resources, to enhance shareholder returns and reduce share capital. The Board believes the company’s share price undervalues the Group.
The programme will run until January 14, 2027, or until the maximum amount is repurchased, whichever is earlier. It will be executed by Panmure Liberum Limited, adhering to pre-set parameters and regulatory requirements, including the Market Abuse Regulation (EU) No. 596/2014. Repurchased shares will be cancelled. The Company reserves the right to halt the programme under appropriate circumstances. Further regulatory announcements will be made as required.
**Key Details**
**Programme Value** £3.0 million
**Duration:** February 22026to January 142027 (or earlier if fully executed)
**Executor** Panmure Liberum Limited
**Purpose** Enhance shareholder returns and reduce share capital
**Regulatory Compliance** Market Abuse Regulation (EU) No. 596/2014
BuyBack
IPF logo IPF

Form 8.3

International Personal Finance PLC

EDEN logo EDEN

Launch of Retail Offer

Eden Research plc

**Summary**
Eden Research plc, a UK-listed biopesticide company, announced a retail offer of new ordinary shares to raise up to £500,000. This offer is part of a larger fundraising effort to secure £10.7 million for advancing the development, registration, and commercialization of its insecticide formulation and a new fungicide targeting Late Blight in potatoes. The retail offer is open exclusively to existing shareholders in the United Kingdom, with a minimum subscription of £100 per investor. The shares are offered at 4.0 pence each, representing a 2.6% premium over the recent closing price. The offer is conditional on shareholder approval and the completion of a firm capital raising. Proceeds will support product development and scale-up operations. The offer is managed by Cavendish Capital Markets Limited, with a subscription window from February 2 to February 5, 2026, and admission to trading expected on February 19, 2026. Investors are cautioned about the risks associated with the investment, including potential capital loss and lack of liquidity.
Launch
WINE logo WINE

Holding(s) in Company - Replacement

Naked Wines plc

<mark style="background-coloryellow">TR1</mark> Buy
['Monega Kapitalanlagegesellschaft mbH', ' All other details remain unchanged.', ' All other details remain unchanged.']
IHP logo IHP

Director/PDMR Shareholding

IntegraFin Holdings plc

<mark style="background-coloryellow">Purchase</mark> of ordinary shares by way of reinvestment of the December 2025 interim dividend under the Share Incentive Plan ("SIP") dividend reinvestment scheme.
CABP logo CABP

RESPONSE TO POSSIBLE OFFER ANNOUNCEMENT

CAB Payments Holdings Ltd

**Summary**
CAB Payments Holdings PLC has issued a response to a possible takeover offer from the Helios Consortium, comprising Helios Fund V, Helios Fund III, and Helios Fairfax Partners Corporation (HFP). The Independent Board of CAB Payments, excluding directors Henry Obi and Nitin Kaul, received two non-binding proposals from Helios: an initial proposal on January 17, 2026, and a second proposal on January 29, 2026. Both proposals offered to acquire the entire issued and to-be-issued share capital of CAB Payments at USD 1.05 (GBP 0.77) and USD 1.15 (GBP 0.84) per share, respectively, in cash and an unlisted share alternative.
The Independent Board, after careful evaluation, unanimously rejected both proposals, deeming them "highly opportunistic" and undervaluing the companys future prospects. They highlighted several factors that the proposals failed to reflect, including
1. Strong Total Income performance in FY25.
2. Successful execution of a strategy to deepen market presence and strengthen regulatory relationships.
3. Expansion of geographic footprint with new offices in New York and Abu Dhabi.
4. Strengthening of the operating platform and regulatory infrastructure through a global clearing partnership.
The Board remains confident in the companys strategy and long-term value creation potential. Shareholders are advised to take no action at this time. Helios Consortium must announce a firm intention to make an offer or withdraw by March 2, 2026, in accordance with the City Code on Takeovers and Mergers. CAB Payments will release its full-year 2025 results on March 5, 2026, providing further updates on its strategic progress.
Offers
IGET logo IGET

Portfolio Update

Invesco Perpetual Select Trust plc - Global Equity Income Share Portfolio

IPF logo IPF

Form 8.3

International Personal Finance PLC

IHC logo IHC

Holding(s) in Company

Inspiration Healthcare Group PLC

TR1 Buy
['REDWORTH PORTFOLIO LTD', '21.490000', '20.023000']
IPF logo IPF

Holding(s) in Company

International Personal Finance PLC

TR1 Buy
['Societe Generale', '4.497336', '5.017304']
MGAM logo MGAM

Holding(s) in Company

Morgan Advanced Materials plc

TR1 Buy
['Black Creek Investment Management Inc.', '5.980945', '6.030880']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 4.74']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 9.13']
AMG logo AMG

Holding(s) in Company

Atlas Metals Group plc

<mark style="background-coloryellow">TR1</mark> Buy
['Portillion Capital Ltd', 'threshold was crossed or reached', ' 0']
3IN logo 3IN

3i Infrastructure plc - Q3 update - replacement

3I Infrastructure PLC

**Summary**
3i Infrastructure PLC released an amended Q3 performance update for the period from October 1, 2025, to January 30, 2026, highlighting key developments in its diversified infrastructure portfolio. The company reported strong overall performance, with notable achievements across several investments
**ESVAGT** expanded its fleet with the delivery of the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two additional SOVs, supported by a €23 million investment from 3iN.
**Joulz** signed agreements to acquire two businesses, expected to increase EBITDA by 70% and expand its geographic and service capabilities, with 3iN contributing up to €107 million in equity.
**TCR** continued to perform well, securing new contracts and increasing its revolving credit facility by €100 million.
However, **DNSNET** faced significant challenges due to a worsening financing environment for German fibre roll-out businesses. The company expects to write down the value of its equity in DNS:NET to zero by March 2026, given the lack of available debt financing. This investment, previously valued at £212 million (5.6% of net asset value), is now considered a disappointing outlier.
Other portfolio companies, such as **SRL**, continued to face challenges, while the rest performed in line with or <mark style="background-color:yellow">above</mark> expectations. 3iN remains on track to meet its FY26 dividend target of 13.45 pence per share, covered by net income. The company’s balance sheet shows a net debt position of £500 million, with plans to repay the Revolving Credit Facility using proceeds from future realizations.
The Investment Manager hosted a Capital Markets Event in January 2026, providing updates on key portfolio companies, and remains focused on disciplined investment opportunities.
**Key Financial Highlights**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target13.45 pence per share (up 6.3% from FY25).
Net debt position as of January 302026: £500 million.
The update emphasizes 3iN’s commitment to responsible infrastructure investment, delivering sustainable returns, and positively influencing its portfolio companies.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions as mentioned in the text.
MetricFY25FY26 (as of Q3 Update)
Dividend Target (pence per share)12.6513.45 (up 6.3% from FY25)
Total Income and Non-Income Cash (3 months to 31 Dec)Not specified£53 million
Drawings on RCF (£ million)Not specified£504 million
Cash Balance (£ million)Not specified£4 million
Net Debt Position (£ million)Not specified£500 million
DNS:NET Valuation (£ million)£212 million (as of 30 Sep 2025)Expected to be written down to zero by March 2026
Joulz Bolt-on Commitment (£ million)Not applicableUp to €107 million (approximately £91 million)
### Notes: 1. **Dividend Target**: FY26 target is 6.3% higher than FY25. 2. **Income and Non-Income Cash**: Only FY26 data is available for the 3 months to 31 December 2025. 3. **Debt and Cash**: FY26 figures are as of 30 January 2026. 4. **DNS:NET Valuation**: FY25 valuation is provided, with an expected write-down to zero by March 2026. 5. **Joulz Bolt-on Commitment**: New commitment in FY26, not applicable in FY25. This table provides a structured comparison based on the available data in the text.
NXQ logo NXQ

Launchpad, Nexteq’s turnkey software platform

Nexteq PLC

**Summary**
Nexteq PLC (AIMNXQ) announced the launch of **Launchpad**, a turnkey gaming software platform under its Quixant brand, unveiled at ICE Barcelona 2026. Designed for the land-based gaming market, Launchpad simplifies and accelerates the development and deployment of casino games like slot machines, ensuring compliance with global regulatory standards. Powered by Quixant’s established software suite, it offers seamless integration with Quixant hardware, pre-<mark style="background-color:yellow">test</mark>ed certification by GLI (Gaming Laboratories International), and supports both existing hardware customers and online game providers entering the land-based sector. Launchpad enhances Nexteq’s software offerings, strengthens customer relationships, and aligns with the company’s growth strategy. CEO Duncan Faithfull highlighted its positive reception at ICE Barcelona, with early adopters already in discussions, reinforcing Nexteq’s focus on innovation and revenue diversification.
Launch
BIRD logo BIRD

elevate.io launches new structured pricing tiers

Blackbird PLC

**Summary**
Blackbird plc (AIMBIRD) announced on February 2, 2026, the launch of a new structured pricing model for its browser-based collaborative video editing platform, **elevate.io**. The pricing structure includes a free plan and three paid tiers: **Creator ($10/month)**, **Pro ($30/month)**, and **Business ($100/month)**, designed to align with customer needs and usage requirements. The model was developed based on feedback from initial ideal customer profiles (ICPs) to address distinct use cases and simplify purchasing decisions. Annual billing options were also introduced to provide budget certainty for business customers and strengthen revenue visibility for the company.
The tiered pricing encourages customers to upgrade as their needs evolve, supporting longer-term relationships and enterprise-style deployments. Ian McDonough, Blackbird Executive Chair, emphasized that the pricing strategy targets teams and businesses, aligning with elevate.ios focus on saving time through multiplayer editing and instant review capabilities. This move is part of Blackbird plcs scale-up phase, positioning the platform for growth in the SaaS, media, and content creation markets.
**Key Points**
New tiered pricing for elevate.ioFree, Creator, Pro, and Business plans.
Annual billing options introduced for business customers.
Pricing strategy aligns with customer needs and supports long-term growth.
Aimed at professional teams and the Creator Economy.
Launch
UFO logo UFO

Transaction secured for JV partner at Munni Munni

Alien Metals Ltd

**Summary**
Alien Metals Limited (AIMUFO) has successfully completed a joint venture (JV) transaction with GreenTech Metals Limited (ASX: GRE) for the Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia. GreenTech acquired a 70% interest in the project, while Alien retained a 30% stake, which is free-carried through the completion of a bankable feasibility study (BFS). The transaction includes a cash payment of A$0.5 million and the issuance of 47 million GreenTech shares to Alien, valued at approximately A$6.11 million. Alien also holds an indirect 17.4% equity stake in GreenTech. The deal strengthens Aliens balance sheet, reduces funding requirements, and preserves upside potential. Additionally, Alien maintains a 30% interest in the historic silver rights at Munni Munni through a separate JV with Crest Silver Pty Ltd, a subsidiary of West Coast Silver Ltd. The transaction aligns with Aliens partner-led strategy, allowing it to focus on its broader asset portfolio, including the Hancock Iron Ore Project and other exploration interests in the Pilbara region.
JV
FEVR logo FEVR

Commencement of share buyback programme

Fevertree Drinks Plc

**Summary**
Fevertree Drinks PLC announced the commencement of a share buyback programme on February 2, 2026, with a maximum consideration of £30 million. The programme, which aims to reduce the companys share capital, will run until December 31, 2026, at the la<mark style="background-color:yellow">test</mark>. Fevertree has engaged Investec Bank plc to independently purchase ordinary shares on its behalf, with the intention of canceling any shares acquired. The buyback will be executed within pre-set parameters, adhering to shareholder authority, Market Abuse Regulation, and UKLR guidelines. The company may repurchase up to 25% of the average daily trading volume over the preceding 20 trading days. This initiative follows Fevertrees previous buyback programme in 2025 and is part of its ongoing financial strategy. Fevertree, a leading global supplier of premium carbonated mixers, continues to operate in over 95 countries, serving both on-trade and off-trade markets.
BuyBack
VTY logo VTY

Share buyback - management of the programme

Vistry Group PLC

**Summary**
Vistry Group PLC announced on February 2, 2026, an update on its £130 million share buyback programme, initially launched in September 2024. The company has extended its agreement with Peel Hunt LLP to manage the next tranche of the programme, authorizing the purchase of ordinary shares up to an additional £15 million (excluding fees), with all purchased shares to be cancelled. Vistry Group has also issued an irrevocable instruction to Peel Hunt to manage the programme during the closed period leading up to the publication of its 2025 Full Year Results on March 4, 2026. This move aligns with the companys capital allocation policy. For further details, reference is made to the original September 2024 announcement. Contact information for Vistry Group and its advisors is provided.
BuyBack
BVC logo BVC

Holding(s) in Company

Batm Advanced Communications Ltd

TR1 Buy
['Premier Miton Group plc', '7.914761', 0]
BIG logo BIG

Holding(s) in Company

Big Technologies PLC

TR1 Buy
['Liontrust Investment Partners LLP', '9.856000', '10.018000']
HFG logo HFG

Director/PDMR Shareholding

Hilton Food Group Plc

Hilton Food Group plc (the "Company") announces that on 30 January 2026 it was notified of the <mark style="background-color:yellow">purchase</mark> of ordinary shares of 10 pence each in the Company on 30 January 2026 by Mark Allen, Executive Chair, as set out below
3IN logo 3IN

3i Infrastructure plc - Performance update

3I Infrastructure PLC

**3i Infrastructure PLC Q3 Performance Update (October 2025 - January 2026)**
**Key Highlights**
1. **Portfolio Performance**
**ESVAGT** Delivered the world’s first dual-fuel Service Operations Vessel (SOV) and acquired two operational SOVs, expanding its fleet to 12 vessels with 3 more under construction.
**Joulz** Signed agreements to acquire two businesses, expected to complete in Q1 2026, increasing EBITDA by ~70% and expanding into new geographies and segments. 3iN to invest up to €107 million.
**TCR** Continued strong performance with new contract wins and a €100 million increase in its revolving credit facility. Strategic review on track.
**DNSNET:** Operationally on track but faces significant challenges due to a worsening financing environment for German fibre roll-out businesses. Equity value likely to be written down to zero by March 2026.
**SRL** Ongoing challenges with cautious recovery expectations.
**Other Portfolio Companies** Performing in line with or <mark style="background-color:yellow">above</mark> September 2025 expectations.
2. **Financials**
Total income and non-income cash for Q3 2025: £53 million.
FY26 dividend target of 13.45 pence per share (up 6.3% from FY25) remains on track, covered by net income.
Balance sheet£504 million drawn on £900 million RCF, £4 million cash balance, net debt of £500 million after funding Joulz acquisitions.
3. **Strategic Updates**
Investment Manager progressing near-term investment opportunities with disciplined pricing and timing.
Capital Markets Event held in January 2026 featured updates from Tampnet, Infinis, and ESVAGT.
4. **Outlook**
DNSNET’s challenges are a "disappointing outlier," but the overall portfolio remains diversified and resilient.
Focus on repaying the RCF with proceeds from future realisations.
**Conclusion**
3i Infrastructure PLC’s diversified portfolio delivered strong performance in Q3, with notable growth in ESVAGT and Joulz, despite challenges at DNS:NET and SRL. The company remains on track to meet its FY26 dividend target and continues to pursue disciplined investment opportunities.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year data, the table is structured to compare key financial highlights and debt positions between the periods mentioned (FY25 and FY26).
MetricFY25FY26 (as of 30 Jan 2026)
Dividend per Share12.65 pence13.45 pence (target, up 6.3%)
Total Income and Non-Income Cash (3 months to Dec)Not specified£53 million
Net Debt PositionNot specified£500 million
RCF DrawingsNot specified£504 million (out of £900 million RCF)
Cash BalanceNot specified£4 million
DNS:NET Valuation£212 million (5.6% of NAV)Expected write-down to £0 by March 2026
Joulz Equity CommitmentNot applicableUp to €107 million
TCR Revolving Credit Facility IncreaseNot applicable€100 million (closed in Dec 2025)
### Notes: 1. **FY25 vs FY26**: The table compares available data from FY25 (e.g., DNS:NET valuation) with FY26 updates (e.g., dividend target, net debt). 2. **Missing Data**: Some FY25 figures (e.g., net debt, RCF drawings) are not provided in the text, so they are marked as "Not specified." 3. **Key Changes**: Highlights include a 6.3% dividend increase, a significant write-down of DNS:NET, and increased debt due to RCF drawings and Joulz commitments. This table can be embedded in an HTML document for clear year-on-year comparison.
VARE logo VARE

Full Year Results

Various Eateries PLC

**Summary of Various Eateries PLC Full Year Results for FY25 (52 weeks ended 28 September 2025):**
**Financial Highlights**
**Revenue Growth** Increased by 6% to £52.4 million (FY24: £49.5 million).
**Like-for-Like (LFL) Sales Growth** 2% overall, with Coppa Club leading at +3%. H2 LFL growth accelerated to 4%.
**Adjusted EBITDA** Record £1.4 million (FY24: £0.3 million), driven by strong trading and operational improvements.
**Gross Profit** Surged 64% to £5.7 million (FY24: £3.5 million).
**Cash Position** Cash at bank rose to £8.0 million (FY24: £5.8 million), with net cash at £4.6 million (FY24: £2.7 million).
**Operational Highlights**
**Operational Execution** Improvements in service delivery, menu focus, labour deployment, and cost discipline.
**Site Performance** Enhanced conversion rates supported by stronger venue leadership and consistent execution.
**Leadership Strengthening** Appointment of Mark Loughborough as CEO in January 2025.
**Estate Investment** Successful refurbishments and targeted enhancements to customer propositions.
**Post-Period Highlights**
**Strong Start to FY26** Group LFL sales up 9% in the festive period, led by Coppa Club (+12%).
**Brand Consolidation** Focus on Coppa Club and Noci brands, with active exploration of new Coppa Club sites.
**M&A Opportunities** Proactively evaluating high-quality, complementary acquisitions.
**Leadership Expansion** Appointment of new Managing Director and Culinary Director.
**CEO’s Statement (Mark Loughborough)**
FY25 marked a clear step forward with improved execution, stronger operational foundations, and record profitability.
Focus on scaling brands, selective estate investment, and exploring M&A opportunities for sustainable growth.
**Chairman’s Statement**
FY25 was an inflection year with a return to LFL growth, improved profitability, and strengthened operational foundations.
Momentum carried into FY26, supported by a robust leadership team and a disciplined approach to growth.
**Financial Review**
**Revenue:** £52.4 millionup 6% YoY.
**Adjusted EBITDA** £5.5 million (IFRS 16), up 27% YoY.
**Loss Before Tax** Reduced to £2.7 million (FY24: £3.4 million).
**Net Cash Flow from Operations** £7.76 million (FY24: £2.31 million).
**Net Debt** £24.5 million (FY24: £28.7 million).
**Future Outlook**
Confident in delivering strong performance in FY26, with a focus on organic growth and strategic M&A.
Continued investment in Coppa Club and Noci brands, alongside operational excellence and cost discipline.
**Conclusion**
Various Eateries PLC demonstrated resilience and growth in FY25, achieving record financial and operational milestones. With a strengthened leadership team and a clear strategic focus, the company is well-positioned for sustainable expansion in FY26 and beyond.
Here is the HTML table code comparing the financials and debt year on year for Various Eateries PLC:
MetricFY25 (£'000)FY24 (£'000)Change (%)
Revenue52,37649,4866%
Adjusted EBITDA (before IFRS 16)1,355300352%
Adjusted EBITDA (IFRS 16)5,5384,35527%
Operating Loss(785)(928)(15%)
Total Loss for the Year After Tax(2,733)(3,357)(19%)
Net Cash / (Debt) Excluding IFRS 16 Lease Liability4,5872,69070%
Cash at Bank8,0005,80038%
Net Cash4,6002,70070%
Borrowings (Current)3,3903,1398%
Borrowings (Non-Current)24,93427,424(9%)
**Notes:** * The table compares key financial metrics and debt figures for Various Eateries PLC between FY25 and FY24. * Figures are in thousands of pounds (£'000). * The change percentage is calculated as ((FY25 - FY24) / FY24) * 100. * The table includes metrics such as revenue, adjusted EBITDA, operating loss, net cash, and borrowings. This table provides a clear and concise comparison of the company's financial performance and debt position year on year.
XPF logo XPF

Trading Update

XP Factory PLC

**Summary**
XP Factory Plc, a leading UK experiential leisure company operating the Escape Hunt and Boom Battle Bar brands, released a trading update for the 2025/26 festive period. Key highlights include
1. **Record Quarterly Sales**UK Owned and Operated (O&O) revenue grew by 4.2% in the 13 weeks to December 28, 2025, with Escape Hunt O&O sales up 10.0% driven by new site openings and 6.4% like-for-like (LFL) growth.
2. **Financial Performance**Year-to-date Group unaudited pre-IFRS 16 adjusted EBITDA reached £4.8m, slightly <mark style="background-color:yellow">above</mark> the prior year. Escape Hunt maintained strong site-level EBITDA margins of circa 43%, while Boom’s margins were circa 18%.
3. **Boom Challenges**Boom O&O sales grew 2.5%, but LFL sales declined by 7.2% due to weak consumer demand, despite strong corporate bookings. Labour cost increases and sector softness impacted margins.
4. **Cost Control**The company achieved £2m in annualised cost savings to mitigate rising costs and LFL declines.
5. **Net Debt**: As of December 282025net debt stood at £5.6m.
6. **Outlook**FY26 EBITDA is expected to be below market estimates, with pre-IFRS 16 adjusted EBITDA projected at £5.0m to £6.0m. FY27 will focus on consolidation, with a slower pace of new site openings due to macroeconomic uncertainty.
7. **Long-Term Confidence**Despite near-term challenges, XP Factory remains confident in its long-term growth potential, positioning itself as a leader in the consolidating experiential leisure and competitive socialising sectors.
The company highlighted Escape Hunt’s resilience and Boom’s potential to thrive once market conditions improve, emphasizing its scale advantage in a consolidating industry.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric2024/252025/26Change
UK O&O Revenue Growth (13 weeks to 28 Dec)N/A+4.2%N/A
Year-to-Date Group Adjusted EBITDA (39 weeks to 28 Dec)£4.7m£4.8m+£0.1m
Escape Hunt UK O&O Sales Growth (13 weeks to 28 Dec)N/A+10.0%N/A
Escape Hunt UK LFL Sales Growth (13 weeks to 28 Dec)N/A+6.4%N/A
Boom UK O&O Sales Growth (13 weeks to 28 Dec)N/A+2.5%N/A
Boom UK LFL Sales Decline (13 weeks to 28 Dec)N/A-7.2%N/A
Net Debt Position (as at 28 Dec)N/A£5.6mN/A
FY Pre-IFRS16 Adjusted EBITDA GuidanceN/A£5.0m - £6.0mBelow market estimates
Labour Cost Inflation Impact (Annualised)N/A£1.5mN/A
Cost Savings Achieved (Annualised)N/A£2.0mN/A
### Notes: - **N/A**: Indicates data not available for comparison. - **Change**: Where applicable, the change is highlighted; otherwise, it is marked as N/A. - **FY Pre-IFRS16 Adjusted EBITDA Guidance**: The 2025/26 guidance is below market estimates, reflecting challenging market conditions. - **Labour Cost Inflation Impact** and **Cost Savings Achieved**: These are new metrics for 2025/26, reflecting increased focus on cost control. This table provides a clear comparison of key financials and debt metrics between the two years based on the provided text.
SSON logo SSON

INTERIM RESULTS ANNOUNCEMENT

Smithson Investment Trust PLC

**Summary of Smithson Investment Trust PLC Interim Results Announcement (February 2026):**
**Overview**
Smithson Investment Trust PLC released its interim results for the twelve months ended December 31, 2025, highlighting financial performance, strategic changes, and future plans. The report emphasizes the proposed restructuring into an open-ended investment company (OEIC) to address persistent share price discounts and enhance shareholder value.
**Financial Performance**
**Net Asset Value (NAV)** Decreased to £1,720,475,000 from £2,129,897,000 in 2024.
**NAV per Share:** Fell to 1601.5p from 1631.8p.
**Share Price** Increased to 1,566.0p from 1,484.0p, with a discount to NAV narrowing to 2.2% from 9.1%.
**Total Return** NAV total return was -1.8%, while share price total return was +5.6%, underperforming the MSCI World SMID Cap Index (+10.2%).
**Ongoing Charges Ratio** Remained stable at 0.9%.
**Strategic Changes**
**Proposed Restructuring** The Board recommends converting the company into an OEIC, allowing shareholders to participate in the same investment strategy or exit at close to NAV. This aims to eliminate the persistent share price discount.
**Share Buybacks** Repurchased 23.1 million shares in 2025, totaling 69.7 million shares (nearly 40% of pre-buyback shares) since April 2022. Buybacks ceased after the restructuring announcement.
**Dividend** Announced an interim dividend of 2.1 pence per share for the 18-month period to June 30, 2026, to maintain investment trust tax status.
**Investment Performance**
**Portfolio Performance** NAV per share total return was -1.8%, compared to +10.2% for the MSCI World SMID Index. Annualized NAV performance since inception (2018) is +6.8% pa, versus +8.6% pa for the index.
**Portfolio Changes** Increased exposure to Information Technology and Healthcare sectors, while reducing Industrials. Notable acquisitions include Vertiv Holdings, Adma Biologics, and Nutanix. Sales included Verisk Analytics, Exponent, and Choice Hotels.
**AI Exposure** Approximately 5% of the portfolio is exposed to AI-related companies, with Vertiv Holdings being a significant contributor.
**Shareholder Engagement**
**General Meetings** Shareholders approved resolutions to increase distributable reserves and authorize share repurchases. Two general meetings are scheduled for February 2026 to approve the OEIC conversion.
**Board Changes** Mike Balfour took over as Chair, and Sarika Patel joined as a non-executive director and Chair of the Audit Committee.
**Outlook**
**Restructuring Benefits** The OEIC structure will allow daily buying and selling at NAV, eliminating discounts. Shareholders can choose to roll over into the new Smithson Equity Fund or receive cash at NAV.
**Investment Strategy** The existing strategy will be replicated in the OEIC, managed by Fundsmith, focusing on high-quality, growing companies.
**Market Conditions** The portfolio is positioned to benefit from changing market dynamics, with a focus on quality and valuation discipline.
**Conclusion**
Smithson Investment Trust PLC’s interim results reflect a challenging year for performance but highlight significant strategic initiatives to enhance shareholder value. The proposed restructuring into an OEIC aims to address long-standing issues with share price discounts, offering shareholders greater flexibility and alignment with the investment strategy. The Board remains focused on long-term growth and shareholder interests.
Here is the HTML table code comparing the financials and debt year on year for Smithson Investment Trust PLC:
Metric20242025Change
Net Assets (£'000)2,129,8971,720,475-19.2%
Net Asset Value (NAV) per share (p)1,631.81,601.5-1.9%
Share Price (p)1,484.01,566.0+5.5%
Share Price Discount to NAV (%)9.1%2.2%-7.9%
NAV Total Return per share (%)2.1%-1.8%-3.9%
Share Price Total Return (%)4.9%5.6%+0.7%
Ongoing Charges Ratio (%)0.9%0.9%0%
Total Loss After Tax (£'000)(8,112)(62,839)-675.9%
Capital Loss (£'000)(12,483)(67,474)-440.5%
Revenue Profit (£'000)4,3714,635+6.0%
**Notes:** * The table compares key financials and debt metrics for Smithson Investment Trust PLC between 2024 and 2025. * The data is extracted from the provided text, which includes the company's interim results announcement. * The "Change" column calculates the percentage change between 2024 and 2025 for each metric. * The table does not include all metrics mentioned in the text, but focuses on the most relevant financials and debt-related figures. This table provides a clear and concise comparison of the company's financial performance and debt position between the two years.
TOO logo TOO

Juvela update: OAF new listing with major retailer

Tooru Plc

**Summary**
Tooru PLC, an AIM-listed company specializing in the branded health and wellness sector, announced significant progress for its retail-focused free-from brand, OAF. Initially launched by its subsidiary Juvela with listings in TESCO, OAF has seen strong sales growth and expanded product offerings in TESCO stores, including three new products set to launch after Easter. Additionally, ASDA, another major UK retailer, will begin listing select OAF products in its stores starting April 2026. This expansion highlights OAF’s growing appeal in the fast-growing free-from market, driven by increasing consumer demand for healthier, ingredient-conscious food options. CEO Scott Livingston expressed optimism about continued distribution growth across Tooru’s portfolio, anticipating further sales growth in the coming year. The announcement underscores Tooru’s strategic focus on capitalizing on the health and wellness trend.
The provided text does not contain any financial or debt-related data for comparison. It is a press release announcing the listing of Tooru PLC's OAF brand in ASDA stores, along with some operational updates. Since there is no financial or debt information available, I cannot generate an HTML table comparing financials and debt year on year. However, if you provide the necessary financial data, I'd be happy to help create the HTML table. Here's an example of what the table structure might look like:
YearRevenue (£)Net Income (£)Total Debt (£)Debt-to-Equity Ratio
2025............
2026............
Please provide the relevant financial data, and I'll be happy to assist you in creating the HTML table.
EMVC logo EMVC

Trading and Portfolio Update

EMV Capital plc

**Summary**
EMV Capital PLC, a deep tech, life sciences, and sustainability venture capital investment group, released a trading and portfolio update for the year ended 31 December 2025. The company reported strong operational and portfolio performance, with total Assets Under Management (AUM) exceeding £100 million. Key highlights include
1. **Operational Growth**Scaling of the core venture capital platform, increased AUM, and strengthened revenue streams.
2. **Portfolio Support**Syndicated fundraisings totaling £12.0 million across 14 portfolio companies, and advancement of the Venture Building program, generating £10.4 million in fair value creation.
3. **Strategic Acquisitions**Acquisition of XF-73 intellectual property and clinical assets from Destiny Pharma Limited, forming AMR Bio Limited.
4. **Financial Performance**Group revenue grew by 16% to £2.8 million, driven by higher corporate finance fees and increased fundraising activity. EMV Capital core revenue increased to £3.2 million, covering a significant portion of operating costs.
5. **Portfolio Highlights**Notable progress in portfolio companies like Wanda Health, EpiBone, AMR Bio, Deeptech Recycling Technologies, Sofant Technologies, Q-Bot, and Martlet Capital, with successful fundraisings, strategic milestones, and value creation.
Despite challenging market conditions, EMV Capital remains focused on disciplined capital deployment, proactive portfolio management, and scaling its platforms. The company is well-positioned to navigate market uncertainty and benefit from a recovery in capital markets.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text:
Metric20242025Change
Total AUM (£ million)98.5>100+1.5% (minimum)
Group Revenue (£ million)2.5~2.8+12%
EMV Capital Core Revenue (£ million)2.4~3.2+33.3%
Group Cash Balance (£ million)1.00.5-50%
Quoted Securities (£ million)1.4~0.3-78.6%
Syndicated Fundraisings (£ million)10.612.0+13.2%
Portfolio Companies Supported1214+16.7%
### Notes: 1. **AUM**: The 2025 figure is stated as "in excess of £100 million," so the change is calculated based on the minimum increase. 2. **Revenue and Cash Figures**: Approximate values are denoted with "~" as per the text. 3. **Syndicated Fundraisings and Portfolio Companies**: Direct year-on-year comparisons are provided based on the given data. 4. **Quoted Securities**: The decrease reflects the reduction in readily realisable quoted securities held by the Group. This table provides a clear comparison of key financial and operational metrics between 2024 and 2025.
BSFA logo BSFA

Annual Financial Report

BSF Enterprise Plc

**Summary of BSF Enterprise PLCs Annual Financial Report (2025):**
BSF Enterprise PLC, a leader in tissue-engineered materials, released its Annual Report for the year ended September 30, 2025, highlighting significant progress across its subsidiaries and strategic initiatives.
**Key Highlights**
1. **Commercial and Technical Progress**
Subsidiaries 3D Bio-Tissues (3DBT), Lab-Grown Leather (LGL), and Kerato achieved notable advancements.
Launched CytoBoost™ bioactive media additive and expanded City-Mix™ for cost-effective cultivated meat production.
Developed the worlds first 2mm-thick scaffold-free leather, collaborating with luxury fashion brands.
Secured a licensing agreement with the University of Montreal for liquid cornea technology, with veterinary trials planned for 2026 and human trials in 2027.
2. **Financial Performance**
Reduced net loss to £1,013,527 (from £1,672,291 in 2024) due to cost control and increased grant income.
Strategic fundraising initiatives, including shareholder approval for up to £15 million via warrants, to support commercialization, spin-outs, and expansion in Greater China.
3. **Strategic Achievements**
Expanded into Greater China, laying the foundation for local cultivated meat production.
Strengthened sustainability and ESG commitments, aligning with the Task Force on Climate-Related Financial Disclosures (TCFD).
4. **Future Plans (2026)**
Commercialize CytoBoost™ and City-mixⓇ.
Scale up lab-grown leather production and produce T-Rex leather for sale.
Complete veterinary clinical trials for corneal implants, advancing toward human trials in 2027.
Expand cultivated meat production in Greater China.
Explore acquisitions of compatible businesses.
**Financial Summary**
Revenue: £52840 (2024: £57821)
Loss before taxation: £1216970 (2024: £1797506)
Loss for the year: £1113527 (2024: £1672291)
Cash and cash equivalents: £149020 (2024: £637656)
**Corporate Governance and Sustainability:**
Committed to ethical valuesshareholder engagementand sustainability.
Adopted anti-bribery and anti-corruption policies.
Focused on diversity and environmental responsibility, aligning with TCFD recommendations.
**Conclusion**
BSF Enterprise PLC demonstrated significant progress in 2025, with strategic advancements, reduced losses, and a clear roadmap for 2026. The company is well-positioned for long-term growth in sustainable, tissue-engineered materials, supported by strong governance and sustainability commitments.
Here is the HTML table code comparing the financials and debt year on year for BSF Enterprise PLC: tr>
Financial Metric2024 (£)2025 (£)Change (£)Change (%)
Revenue57,82152,840(4,981)(8.61%)
Gross Loss(26,644)(18,159)8,48531.85%
Operating Loss(1,791,360)(1,215,089)576,27132.17%
Loss Before Taxation(1,797,506)(1,216,970)580,53632.29%
Loss for the Year(1,672,291)(1,113,527)558,76433.41%
Cash and Cash Equivalents637,656149,020(488,636)(76.66%)
Total Assets3,495,4573,006,895(488,562)(13.98%)
Total Liabilities305,075289,016(16,059)(5.26%)
Total Equity3,190,3822,717,879(472,503)(14.81%)
0.00%
Debt Metric2024 (£)2025 (£)Change (£)Change (%)
Lease Liabilities (Current)78,0500(78,050)(100.00%)
Lease Liabilities (Non-Current)0000.00%
Total Lease Liabilities78,0500(78,050)
**Notes:** * The financial metrics are extracted from the Consolidated Statement of Comprehensive Income and Consolidated Statement of Financial Position. * The debt metrics are extracted from the Consolidated Statement of Financial Position, specifically the lease liabilities. * The change and percentage change are calculated based on the difference between the 2025 and 2024 values. * The tables show that BSF Enterprise PLC's revenue decreased by 8.61%, while its losses decreased significantly (32-33%). * The company's cash and cash equivalents decreased by 76.66%, and its total assets decreased by 13.98%. * The total lease liabilities decreased to £0 in 2025, indicating that the company has paid off its lease obligations.
BBSN logo BBSN

Major Contract Win

Brave Bison Group PLC

**Summary**
Brave Bison Group PLC, a global marketing and technology partner, announced a major contract win for its subsidiary MiniMBA, the UKs leading marketing skills and training platform. MiniMBA has secured a €1.3 million contract with one of the worlds largest food and beverage conglomerates to train thousands of employees across the Asia-Pacific (APAC) region in 2026 using its MiniMBA in Brand Management program. This contract, the largest in MiniMBAs history, comes just six months after its acquisition by Brave Bison and will be recognized in the current financial year.
The deal highlights the growing demand for advanced marketing training among global organizations and reinforces MiniMBAs position as a leader in marketing education. Brave Bison operates across eight countries, offering digital services, digital media, and marketing skills training through its Digital Services and Digital Content divisions. Notable clients include New Balance, Google, Formula 1, and American Express. The announcement was made via the London Stock Exchanges Regulatory News Service (RNS), emphasizing its significance as inside information now in the public domain.
NewContract
DSCV logo DSCV

Q3 Trading Update

Discoverie Group PLC

**Summary**
discoverIE Group plc, a leading designer and manufacturer of customised electronics for industrial applications, released its Q3 trading update for the period ending December 31, 2025. Key highlights include
1. **Sales Growth**Group sales increased by 5% at constant exchange rates (CER) and 1% organically.
2. **Order Growth**Orders rose by 9% at CER and 4% organically, with a book-to-bill ratio of 1.03x.
3. **Operational Performance**The Controls unit showed improved sales and order trends compared to the first half of the year.
4. **Financial Health**Gross margins remained strong, working capital was tightly managed, and cash generation continued robustly.
5. **Acquisitions**The acquisition of Keymat Technology Ltd was completed, and approval for the acquisition of Trival Antene d.o.o is in progress, with a healthy pipeline of further opportunities.
6. **Outlook**The Group is on track to meet full-year adjusted earnings expectations and remains well-positioned for through-cycle growth, both organically and inorganically.
The update emphasizes discoverIE’s focus on structural growth markets, sustainability, and long-term customer relationships, supported by its strong ESG ratings and global presence.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not explicitly provide detailed financial or debt figures for comparison, the table is structured to reflect the key metrics mentioned in the trading update, with placeholders for actual data where specific figures are not provided.
discoverIE Group plc - Q3 Trading Update (Year-on-Year Comparison)
MetricQ3 2025Q3 2024
Group Sales Growth (CER)+5%N/A
Group Sales Growth (Organic)+1%N/A
Group Orders Growth (CER)+9%N/A
Group Orders Growth (Organic)+4%N/A
Book-to-Bill Ratio1.03xN/A
Gross MarginsRobustRobust
Working Capital ManagementTightly ManagedTightly Managed
Cash GenerationStrongStrong
Debt (if available)N/AN/A
### Notes: 1. **CER**: Constant Exchange Rate. 2. **Organic Growth**: Excludes the first 12 months of acquisitions post-completion. 3. **Book-to-Bill Ratio**: Orders received divided by revenue billed. 4. **Gross Margins, Working Capital, Cash Generation**: Described qualitatively as "Robust" and "Strong" without specific figures. 5. **Debt**: Not explicitly mentioned in the text, hence marked as "N/A". This table can be expanded or updated with actual figures if more detailed financial data becomes available.
NEWS logo NEWS

Trading Update

Pathos Commun Ltd

**Summary**
Pathos Communications PLC, a technology-enabled, human-led PR company, released a trading update on February 2, 2026, highlighting a strong finish to FY25 and a positive start to FY26. The company exceeded market expectations for FY25, reporting revenue of $13.2 million (up from $11.4 million in FY24) and adjusted EBITDA of $2.9 million (up from $1.9 million in FY24). This growth was driven by strong volumes, an improved product mix focusing on higher-quality publications, and enhanced cash collection processes.
Key highlights include
1. **Financial Performance**FY25 results surpassed market expectations, with revenue and adjusted EBITDA growth.
2. **Cash Position**Net cash stood at $6.2 million as of December 31, 2025, supported by a successful fundraise and AIM admission.
3. **Business Development**Proprietary AI tools (PathosMind and Pressella) are progressing, and strategic partnerships are being onboarded to enhance growth.
4. **Outlook**FY26 has started well, with the Client Success team and AI-driven improvements driving performance. The company aims to democratize PR for 400 million SMEs globally.
5. **Upcoming Events**Pathos will host an investor presentation on February 4, 2026, via Investor Meet Company, open to all shareholders.
CEO Omar Hamdi expressed optimism about the companys prospects, citing its strong financial performance, growth opportunities, and driven team. Pathos remains focused on expanding its reach and developing technology to serve SMEs globally.
Below is the HTML table code comparing the financials and debt (net cash) year-on-year for Pathos Communications PLC based on the provided text:
MetricFY24FY25
Revenue (US$ million)11.413.2
Adjusted EBITDA (US$ million)1.92.9
Net Cash (US$ million)N/A6.2
### Explanation: - **Revenue**: Increased from US$11.4 million in FY24 to US$13.2 million in FY25. - **Adjusted EBITDA**: Increased from US$1.9 million in FY24 to US$2.9 million in FY25. - **Net Cash**: Not available for FY24, but reported as US$6.2 million in FY25. This table provides a clear year-on-year comparison of the key financial metrics mentioned in the text.
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Training Systems Contract Win

Pennant International Group plc

**Summary**
Pennant International Group PLC (AIMPEN) announced a new £0.6 million contract win within its Training Systems segment, supplying a part task trainer for technical training in the nuclear sector. This achievement marks a significant milestone, as the company has now secured over £10 million in new orders within the Training Systems segment since its interim results in September 2025, fully converting its short-term pipeline opportunities. This contributes to an order book covering approximately 80% of the markets FY26 revenue expectations of £13.0 million. Pennant, a global provider of system support software, technical services, and training solutions, continues to focus on sustainable growth in recurring and repeatable revenues, particularly in high-margin software and services, amid increasing demand in defense, aerospace, and other safety-critical sectors.
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B90 logo B90

Trading Update

B90 Holdings PLC

**Summary**
B90 Holdings PLC, a digital marketing group focused on the global i-gaming industry, released a trading update for the year ended December 31, 2025, ahead of its full-year audited results. The company reported
1. **Strong Financial Performance**Revenue is expected to exceed market expectations due to robust campaign performance, while EBITDA is anticipated to align with market forecasts, reflecting higher marketing spend driven by increased competition and rising costs in Google-led acquisition channels.
2. **Operational Highlights**B90 has deepened its use of automation, AI, and machine learning, enabling scalable growth without proportional overhead increases. This has enhanced campaign efficiency, improved partner returns, and supported margin progression. The pay-per-click operations delivered a growing volume of high-quality leads and first-time depositing customers (FTDs) to an expanding B2B partner base.
3. **Strategic Focus**The company maintained a disciplined approach to operational cash generation, funding marketing investments from cash flow. This allowed selective reinvestment in high-performing activities while controlling costs.
4. **Outlook for 2026**B90 expects to continue its strategic focus on automation, AI-driven optimization, and scalable growth. The company is well-positioned to benefit from major global sporting events like the 2026 FIFA World Cup, which historically boost customer acquisition and FTD volumes.
5. **Leadership Commentary**Executive Chairman Ronny Breivik emphasized priorities for 2026, including scaling core operations, increasing automation, selective marketing investment, strengthening partner networks, and disciplined cash management to drive continued growth and improved operating leverage.
B90 remains confident in delivering another year of significant revenue and EBITDA growth. The announcement complies with Market Abuse Regulation (EU) No. 596/2014 as part of UK domestic law.
Since the provided text does not contain specific financial or debt figures for comparison, I'll create a general HTML table structure that you can fill in with actual data once available. The table will compare financials and debt year-on-year (2024 vs. 2025). < lang="en">B90 Holdings PLC Financials and Debt Comparison

B90 Holdings PLC Financials and Debt Comparison (2024 vs. 2025)

td>+X%
Metric20242025Change
Revenue£X,XXX,XXX£X,XXX,XXX+X%
EBITDA£X,XXX,XXX£X,XXX,XXX
Marketing Spend£X,XXX,XXX£X,XXX,XXX+X%
Total Debt£X,XXX,XXX£X,XXX,XXX+/-X%
Cash Generated from Operations£X,XXX,XXX£X,XXX,XXX+X%

Note: Actual figures are not provided in the given text. Please replace placeholders with real data.

This HTML code creates a table with columns for the metric, values for 2024 and 2025, and the percentage change between the two years. The table is styled with basic CSS for readability. Replace the placeholders (`£X,XXX,XXX` and `+X%`) with actual financial data once available.
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BALFOUR BEATTY SECURES £315M WARWICKSHIRE CONTRACT

Balfour Beatty plc

**Summary**
Balfour Beatty PLC has secured a £315 million seven-year contract for Warwickshire Highways Maintenance, awarded by Coventry City Council, Solihull Metropolitan Borough Council, and Warwickshire County Council. This marks the companys third consecutive term for this contract, extending their partnership through Spring 2033, with a potential six-year extension worth up to £900 million. Balfour Beatty Living Places will manage road maintenance for over 5,000 kilometers of roads and 55,000 streetlights, utilizing a digitally enabled operating model to enhance efficiency and council oversight. The contract, commencing in Spring 2026, will employ around 160 people, including graduates and apprentices. Philip Hoare, Balfour Beatty Group Chief Executive, emphasized the importance of long-term partnerships in delivering essential infrastructure and community benefits. This award builds on Balfour Beattys strong track record since 2011, showcasing effective asset management and collaboration with local authorities.
NewContract
HERC logo HERC

Advantage NRG secures £6.5m of contracted works

Hercules Site Services PLC

**Summary**
Hercules PLC, a leading UK infrastructure and construction services group, announced on February 2, 2026, that its subsidiary Advantage NRG has secured £6.5 million in contracted works across two major electricity networks: Electricity North West and Scottish and Southern Electricity Networks. These contracts, running from January to December 2026, are part of existing framework agreements and will require up to 52 skilled operatives at peak delivery, highlighting Advantage NRGs growing operational scale and technical capability. The works reflect the increasing demand for skilled linesmen as the UK invests heavily in upgrading its electrical infrastructure to meet rising energy needs, with National Grid planning £58 billion in investments. The contracts provide strong revenue visibility for Advantage NRG in 2026 and beyond, positioning Hercules as a trusted partner in the power and energy sector. CEO Brusk Korkmaz emphasized the groups readiness to capitalize on the growing need for specialist labor in this sector.
NewContract
ACRM logo ACRM

Contract

Acuity RM Group Plc

**Summary**
Acuity RM Group plc (AIMACRM), a cybersecurity and risk management software provider, announced a significant contract renewal and upgrade with a North American bank. The renewed three-year contract includes a 280% increase in fees compared to the original agreement, with a total value exceeding £160,000. This renewal boosts Acuitys contracted future revenues to over £2 million. Since the initial implementation in 2023, the bank has expanded its use of Acuitys STREAM® software platform, which supports Governance, Risk, and Compliance (GRC) functions. David Rajakovich, Acuitys CEO, highlighted the banks decision as a <mark style="background-color:yellow">test</mark>ament to the measurable value delivered by the platform. Acuity remains focused on sustainable growth through organic expansion and strategic acquisitions, serving diverse sectors including government, defense, healthcare, and manufacturing.
**Key Points**
**Contract Renewal** 3-year extension with a 280% fee increase.
**Total Value:** Over £160000lifting future revenues to £2m+.
**Customer Growth** Increased adoption of STREAM® software since 2023.
**CEO Comment** David Rajakovich emphasized the platforms value and commitment to client growth.
**Company Focus** Sustainable growth via organic and acquisitive strategies.
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Market AI · 2026-02-02

LONDON MARKET CLOSE: FTSE 100 sets new record despite metals meltdown

FTSE 100 Performance: Closed up 118.02 points (1.2%) at 10,341.56, a record close, despite initial weakness and volatility in metals and oil prices. FTSE 250 and AIM All-Share: FTSE 250 ended up 172.69 points (0.7%…

Market AI · 2026-02-02

LONDON MARKET MIDDAY: FTSE 100 recovers as metals fall eases

Date and Time: 2nd Feb 2026, 12:12 London Stock Market: Mixed performance at midday; FTSE 100 up 0.4% at 10,264.63, FTSE 250 down 0.3% at 23,181.11, AIM all-share down 0.8% at 810.63. European Equities: CAC 40 (P…

Market AI · 2026-02-02

LONDON BROKER RATINGS: Jefferies cuts BAE; Citi raises Anglo American

Here is the provided text formatted as bullet points in HTML: html 2nd Feb 2026 10:14 The following London-listed shares received analyst recommendations Monday morning and on Friday: FTSE 100 Shore Capital cu…

Market AI · 2026-02-02

LONDON MARKET OPEN: FTSE 100 falls as diving metal prices hit miners

Stock Market Performance: London stocks opened lower on 2nd Feb 2026, with the FTSE 100 down 0.3% at 10,196.54. FTSE 250 and AIM all-share also declined by 0.7% and 1.7%, respectively. Mining s…

Market AI · 2026-02-02

LONDON MARKET EARLY CALL: FTSE 100 to fall as gold price sinks

London Stocks: Set to open lower on Monday, with FTSE 100 futures indicating a 73.2-point (0.7%) decline to 10,150.34, following sharp falls in precious metal prices. Currency Movements: Sterling down to USD1.3…

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