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[Edravo @EdravoCom]

Edravo Closing review | Wednesday 7 October 2026

Company announcements as at 17:00 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Likewise Group PLC (#LIKE) - Acquired Thatcham freehold distribution centre, Crucial Trading, Concept Floors assets, and intellectual property for £14.9m cash. This transaction establishes Likewise as the clear market leader in UK floor coverings distribution, acquiring strategic freehold infrastructure and established brands out of administration without adding leverage.

↗ Manolete Partners PLC (#MANO) - Record revenue generation and pipeline growth reinforce Manolete's market position. Manolete's record revenue and expanding forward book underline solid demand in the UK insolvency market, though prompt cash conversion remains critical for balance sheet flexibility.

↗ Netcall plc (#NET) - Netcall's successful focus on Cloud transition and enterprise AI automation is accelerating recurring revenue growth, raising profit margins, and deepening forward contract coverage

↔ Comptoir Group PLC (#COM) - If the Board recommends listing cancellation, it intends to seek shareholder approval and offer a 4.5p per share capital return, but a potential delisting from AIM and capital return directly affects shareholder liquidity, trading infrastructure, and cash realisation options for Comptoir Group equity holders

↔ Pinewood Technologies Group PLC (#PINE) - The High Court of Justice has formally sanctioned the scheme of arrangement for Bidco's acquisition of Pinewood Technologies

↗ Bridgepoint Group plc (#BPT) - Bridgepoint's substantial guidance upgrade and expanded distribution policy demonstrate strong conversion of fund performance into cash flow, boosting shareholder yield visibility

↘ Hostelworld Group PLC (#HSW) - Q3 Net Revenue €27.9m, up 6.9%, but net transactions fell 2% in Q3 due to conflict in the Middle East and reduced long-haul demand between Europe and the Americas/Asia

↗ Hollywood Bowl Group PLC (#BOWL) - Full-year revenue expanded 4.3% to reach £261.6m, driven by UK new openings and Canadian estate growth

Edravo Take: Distress events are the stories that matter this afternoon.

Read today's company news and open each RNS card:
https://t.co/KVWH1eQWWU

[Edravo @EdravoCom]

Edravo Afternoon Brief | Wednesday 7 October 2026

Company announcements as at 12:30 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Likewise Group PLC (#LIKE) - Acquired Thatcham freehold distribution centre, Crucial Trading, Concept Floors assets, and intellectual property for £14.9m cash. This transaction establishes Likewise as the clear market leader in UK floor coverings distribution, acquiring strategic freehold infrastructure and established brands out of administration without adding leverage.

↗ Manolete Partners PLC (#MANO) - Record revenue generation and pipeline growth reinforce Manolete's market position. Manolete's record revenue and expanding forward book underline solid demand in the UK insolvency market, though prompt cash conversion remains critical for balance sheet flexibility.

↗ Netcall plc (#NET) - Netcall's successful focus on Cloud transition and enterprise AI automation is accelerating recurring revenue growth, raising profit margins, and deepening forward contract coverage

↔ Comptoir Group PLC (#COM) - If the Board recommends listing cancellation, it intends to seek shareholder approval and offer a 4.5p per share capital return, but a potential delisting from AIM and capital return directly affects shareholder liquidity, trading infrastructure, and cash realisation options for Comptoir Group equity holders

↗ Bridgepoint Group plc (#BPT) - Bridgepoint's substantial guidance upgrade and expanded distribution policy demonstrate strong conversion of fund performance into cash flow, boosting shareholder yield visibility

↘ Hostelworld Group PLC (#HSW) - Q3 Net Revenue €27.9m, up 6.9%, but net transactions fell 2% in Q3 due to conflict in the Middle East and reduced long-haul demand between Europe and the Americas/Asia

↗ Hollywood Bowl Group PLC (#BOWL) - Full-year revenue expanded 4.3% to reach £261.6m, driven by UK new openings and Canadian estate growth

↘ Fletcher King PLC (#FLK) - Revenue £3,468,000, but pretax profit fell by 99.3% to £2,000

Edravo Take: Distress events are the stories that matter this afternoon.

Read the full brief and open each RNS card:
https://t.co/7f6wPLTiZ9

[Edravo @EdravoCom]

Bridgepoint Group plc (#BPT) - Bridgepoint upgrades EBITDA guidance and raises dividend framework following stellar fund performance

Read the RNS card:
https://t.co/M8IUdcMXST

[Edravo @EdravoCom]

Edravo Morning Brief | Wednesday 7 October 2026

Company announcements as at 07:05 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Likewise Group PLC (#LIKE) - Acquired Thatcham freehold distribution centre, Crucial Trading, Concept Floors assets, and intellectual property for £14.9m cash. This transaction establishes Likewise as the clear market leader in UK floor coverings distribution, acquiring strategic freehold infrastructure and established brands out of administration without adding leverage.

↗ Manolete Partners PLC (#MANO) - Record revenue generation and pipeline growth reinforce Manolete's market position. Manolete's record revenue and expanding forward book underline solid demand in the UK insolvency market, though prompt cash conversion remains critical for balance sheet flexibility.

↗ Bridgepoint Group plc (#BPT) - Bridgepoint's substantial guidance upgrade and expanded distribution policy demonstrate strong conversion of fund performance into cash flow, boosting shareholder yield visibility

↗ Ceps PLC (#CEPS) - Subsidiary Aford Awards acquired Primary Teaching Services for a maximum consideration of £4.59m

↗ Roadside Real Estate PLC (#ROAD) - Has completed the £1.7m redevelopment of its Coventry site following its £1.25m acquisition last year

↗ Avon Technologies Plc (#AVON) - New multi-year targets offer increased visibility for long-term compound growth

↘ Headlam Group (#HEAD) - Brands & IP Proceeds £0.9m, but other Assets & Inventory Proceeds £1.1m, down 81.7%

↗ IMI PLC (#IMI) - Has agreed to acquire iSMA CONTROLLI S.p.A. from https://t.co/sXlgZhyYzc and management for an enterprise value of €63m

Edravo Take: Corporate activity is setting the tone this morning.

Read the full brief and open each RNS card:
https://t.co/K6b8EyTfTP

[Edravo @EdravoCom]

Edravo Closing review | Tuesday 6 October 2026

Company announcements as at 17:00 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↘ Celebrus Technologies PLC (#CLBS) - FY27 adjusted loss before tax is now forecasted at $2.8m-$3.0m, materially worse than previous market consensus of $0.9m loss. A material profit warning coupled with customer churn and extended conversion cycles damages medium-term growth expectations and reduces earnings visibility.

↔ Senior PLC (#SNR) - The High Court of Justice has sanctioned the scheme of arrangement for the cash acquisition of Senior PLC by Zeus UK Bidco Limited, setting share suspension for 8 October 2026

↗ Taylor Maritime Limited (#TMIP) - Completed the sale of three handysize vessels, raising approximately $48.6 million in gross proceeds. Confirms tangible progress in Taylor Maritime's managed liquidation, returning $45 million in cash directly to equity holders following successful asset sales.

↔ 80 Mile PLC (#80M) - No firm offer has been formally made under Rule 2.7 of the Code, and discussions remain ongoing

↗ Avacta Group PLC (#AVCT) - Conditionally raised £12.5 million gross via the placing and subscription of 18,382,353 new ordinary shares at 68p per share

↔ Cykel AI PLC (#CYKL) - Revenue £4,360, up 6.2%, but cash and Marketable Securities £136,135, down 75.5%

↗ Fox Marble Holdings PLC (#FOX) - Focus Xplore has executed a binding agreement to acquire a portfolio of five Canadian gold properties for c.£296,000, alongside securing £508,750 in gross equity funding and completing a £115,750 creditor equity swap

↗ Afentra PLC (#AET) - Has received Angolan ministerial approval for the acquisition of an additional 3.33% interest in Block 3/05, advancing the transaction to consolidate its position offshore Angola

Edravo Take: Corporate activity is setting the tone this afternoon.

Read today's company news and open each RNS card:
https://t.co/JBjSpBlQ1h

[Edravo @EdravoCom]

Edravo Afternoon Brief | Tuesday 6 October 2026

Company announcements as at 12:30 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↘ Celebrus Technologies PLC (#CLBS) - FY27 adjusted loss before tax is now forecasted at $2.8m-$3.0m, materially worse than previous market consensus of $0.9m loss. A material profit warning coupled with customer churn and extended conversion cycles damages medium-term growth expectations and reduces earnings visibility.

↗ Taylor Maritime Limited (#TMIP) - Completed the sale of three handysize vessels, raising approximately $48.6 million in gross proceeds. Confirms tangible progress in Taylor Maritime's managed liquidation, returning $45 million in cash directly to equity holders following successful asset sales.

↔ 80 Mile PLC (#80M) - No firm offer has been formally made under Rule 2.7 of the Code, and discussions remain ongoing

↗ Avacta Group PLC (#AVCT) - Conditionally raised £12.5 million gross via the placing and subscription of 18,382,353 new ordinary shares at 68p per share

↔ Cykel AI PLC (#CYKL) - Revenue £4,360, up 6.2%, but cash and Marketable Securities £136,135, down 75.5%

↗ Fox Marble Holdings PLC (#FOX) - Focus Xplore has executed a binding agreement to acquire a portfolio of five Canadian gold properties for c.£296,000, alongside securing £508,750 in gross equity funding and completing a £115,750 creditor equity swap

↗ Informa PLC (#INF) - Plans to raise approximately £940 million gross via a non-pre-emptive institutional placing, retail offer, and director subscriptions

↔ Bango PLC (#BGO) - Omits specific revenue or earnings figures

Edravo Take: Corporate activity is setting the tone this afternoon.

Read the full brief and open each RNS card:
https://t.co/KgirFPiOv7

[Edravo @EdravoCom]

Capital Limited (#CAPD) - Capital Limited has acquired Australian underground drilling specialist Metres Down Under for up to US$16 million, prompting an upgrade in full-year 2026 group revenue guidance.

Read the RNS card:
https://t.co/sQLsUZ1GfW

[Edravo @EdravoCom]

Edravo Morning Brief | Tuesday 6 October 2026

Company announcements as at 07:05 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↘ Celebrus Technologies PLC (#CLBS) - FY27 adjusted loss before tax is now forecasted at $2.8m-$3.0m, materially worse than previous market consensus of $0.9m loss. A material profit warning coupled with customer churn and extended conversion cycles damages medium-term growth expectations and reduces earnings visibility.

↗ Avacta Group PLC (#AVCT) - Conditionally raised £12.5 million gross via the placing and subscription of 18,382,353 new ordinary shares at 68p per share. The fundraise eliminates financial uncertainty through mid-2027 at minimal dilution, funding key clinical efficacy data for Avacta's lead oncology candidates.

↔ Cykel AI PLC (#CYKL) - Revenue £4,360, up 6.2%, but cash and Marketable Securities £136,135, down 75.5%. The company's capacity to maintain a healthy cash flow against operational costs and revenue growth will significantly dictate its financial stability and investor confidence.

↗ Fox Marble Holdings PLC (#FOX) - Focus Xplore has executed a binding agreement to acquire a portfolio of five Canadian gold properties for c.£296,000, alongside securing £508,750 in gross equity funding and completing a £115,750 creditor equity swap

↗ Informa PLC (#INF) - Plans to raise approximately £940 million gross via a non-pre-emptive institutional placing, retail offer, and director subscriptions

↗ Fairview International PLC (#FIL) - Presents an encouraging trading update characterised by double-digit revenue growth and operating margin expansion

↗ Telecom Plus PLC (#TEP) - Multiservice organic customer growth reached >11% annualised in H1 FY27, exceeding the full-year 10%+ target

↔ Georgina Energy PLC (#GEX) - Settlement for 100% acquisition of EP155 from Quantum Helium is pending Northern Territory ministerial grant

Edravo Take: Corporate activity sits alongside company results this morning.

Read the full brief and open each RNS card:
https://t.co/8Ks4detPsS

[Edravo @EdravoCom]

Net debt is not the same as total borrowings.

Hypothetical example: £25m borrowings less £8m qualifying cash gives £17m net debt. Check how leases, restricted cash and other items are treated.

See the reconciliation:
https://t.co/eIq4ndYzFP

[Edravo @EdravoCom]

Team PLC (#TEAM) - Team PLC has contracted to acquire Lancashire-based stockbroker Hedley & Co for up to £3.00 million initial and deferred consideration, adding £383 million in assets under control and £0.60 million in pre-tax profit.

Read the RNS card:
https://t.co/bL9kPSqmeQ

[Edravo @EdravoCom]

Edravo Morning Brief | Monday 5 October 2026

Company announcements as at 07:05 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Ithaca Energy PLC (#ITH) - Remaining accretive to cash flows and dividends. Establishes a transformational second core operating hub outside the UKCS, expanding reserve life to 17 years and lifting medium-term production targets while remaining accretive to cash flows and dividends.

↗ Hercules PLC (#HERC) - Has been awarded approximately £5 million of new civil engineering contracts in the UK water sector during Q4 FY2026. Demonstrates Hercules' ability to convert the UK's massive AMP8 water sector regulatory spend into immediate, revenue-generating contracts.

↔ Team PLC (#TEAM) - Expands North West wealth footprint with £3.0m Hedley & Co acquisition. This transaction accelerates Team PLC's buy-and-build strategy in UK wealth management, delivering an immediate £383 million in client assets and high-margin earnings that support group path to monthly profitability.

↗ Quartix Holdings Plc (#QTX) - Upgraded full-year profit guidance combined with double-digit recurring revenue growth validates management's cost discipline and European expansion strategy

↗ Connecting Excellence Group PLC (#XCE) - Completes Acquisition Adding Revenue and EBITDA Growth

↔ Neo Energy Metals PLC (#NEO) - Has secured £1.75 million in gross proceeds via an equity placing, but implementation work is being intentionally reduced in Q4 2026 to minimise cash burn until regulatory consents are finalised

↗ Keras Resources PLC (#KRS) - Total capital raised plus disposal proceeds will fund a US$1.0 million acquisition fee, up to US$2.0 million under a Development Facility, and £320,000 working capital

↔ Bloomsbury Publishing PLC (#BMY) - Confirms plans for upcoming results publication

Edravo Take: Corporate activity sits alongside company results this morning.

Read the full brief and open each RNS card:
https://t.co/sGYrdBrc1J

[Edravo @EdravoCom]

Edravo Closing review | Friday 2 October 2026

Company announcements as at 17:05 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Capricorn Energy plc (#CNE) - Genel Energy increased its recommended cash acquisition offer for Capricorn Energy following competing interest from DNO. The announcement confirms clear regulatory progress and removes competing offer uncertainty for Capricorn shareholders awaiting acquisition completion.

↗ Eleco PLC (#ELCO) - Has published and posted the Scheme Document for the recommended cash takeover by Avocet Bidco Limited. The publication of the Scheme Document formally opens the voting period for Eleco shareholders to approve the recommended cash takeover offer.

↔ Wetherspoon (JD) PLC (#JDW) - Revenue £2,238.0m, up 5.2%, but pretax profit (pre-exceptionals) £58.6m, down 28%

↔ Reabold Resources PLC (#RBD) - Reabold received valid acceptances for 19,085,529 Union Jack shares, equivalent to approximately 13.02% of issued share capital

↘ eEnergy Group PLC (#EAAS) - Annualised Cost Savings £2.0m, but the fundraising relieves critical liquidity stress caused by delayed project cash collections

↔ Beazley PLC (#BEZ) - The cancellation follows the recommended cash offer for Beazley plc by Zurich Insurance Group Ltd via a scheme of arrangement

↘ IG Group Holdings plc (#IGG) - Revenue £240m, but net Trading Revenue (Q3) £210m, down 15.8%

↔ Wilmington PLC (#WIL) - The completion of the audit with zero adjustments confirms the accuracy of Wilmington's FY26 preliminary figures

Edravo Take: Corporate activity sits alongside company results this afternoon.

Read today's company news and open each RNS card:
https://t.co/LZb1i4S2z0

[Edravo @EdravoCom]

Edravo Afternoon Brief | Friday 2 October 2026

Company announcements as at 12:30 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Capricorn Energy plc (#CNE) - Genel Energy increased its recommended cash acquisition offer for Capricorn Energy following competing interest from DNO. The announcement confirms clear regulatory progress and removes competing offer uncertainty for Capricorn shareholders awaiting acquisition completion.

↗ Eleco PLC (#ELCO) - Has published and posted the Scheme Document for the recommended cash takeover by Avocet Bidco Limited. The publication of the Scheme Document formally opens the voting period for Eleco shareholders to approve the recommended cash takeover offer.

↔ Wetherspoon (JD) PLC (#JDW) - Revenue £2,238.0m, up 5.2%, but pretax profit (pre-exceptionals) £58.6m, down 28%

↘ eEnergy Group PLC (#EAAS) - Annualised Cost Savings £2.0m, but the fundraising relieves critical liquidity stress caused by delayed project cash collections

↔ Beazley PLC (#BEZ) - The cancellation follows the recommended cash offer for Beazley plc by Zurich Insurance Group Ltd via a scheme of arrangement

↘ IG Group Holdings plc (#IGG) - Revenue £240m, but net Trading Revenue (Q3) £210m, down 15.8%

↔ Wilmington PLC (#WIL) - The completion of the audit with zero adjustments confirms the accuracy of Wilmington's FY26 preliminary figures

↔ Schroders plc (#SDR) - The de-listing follows the acquisition scheme of arrangement becoming effective on 1 October 2026 under Part 26 of the Companies Act 2006

Edravo Take: Corporate activity sits alongside company results this afternoon.

Read the full brief and open each RNS card:
https://t.co/pn2sTuKMPS

[Edravo @EdravoCom]

Goodweather Holdings Limited - BidCo has published the offer document for its recommended unconditional best and final cash offer of 187p per share for Harworth Group plc, having secured 69.72 per cent total ownership and acceptances.

Read the RNS card:
https://t.co/ux1g4ZXvHa

[Edravo @EdravoCom]

Edravo Morning Brief | Friday 2 October 2026

Company announcements as at 07:05 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Capricorn Energy plc (#CNE) - Genel Energy increased its recommended cash acquisition offer for Capricorn Energy following competing interest from DNO. The announcement confirms clear regulatory progress and removes competing offer uncertainty for Capricorn shareholders awaiting acquisition completion.

↔ Wetherspoon (JD) PLC (#JDW) - Revenue £2,238.0m, up 5.2%, but pretax profit (pre-exceptionals) £58.6m, down 28%

↘ eEnergy Group PLC (#EAAS) - Annualised Cost Savings £2.0m, but the fundraising relieves critical liquidity stress caused by delayed project cash collections. The fundraising relieves critical liquidity stress caused by delayed project cash collections, but subjects shareholders to immediate equity dilution while management fixes project administrative workflows.

↘ IG Group Holdings plc (#IGG) - Revenue £240m, but net Trading Revenue (Q3) £210m, down 15.8%

↔ Reabold Resources PLC (#RBD) - Total shares counted towards the offer reach 19,163,241 when including irrevocable undertakings, representing 13.1 per cent of Union Jack share capital

↗ Georgina Energy PLC (#GEX) - EP155 acquisition settlement is progressing, with AU$300,000 payable from working capital upon formal tenement grant

↗ Wizz Air Holdings PLC (#WIZZ) - Wizz Air carried 7.78 million passengers in September 2026, up 24.2% year-on-year on a 25.3% expansion in capacity

↔ Brave Bison Group PLC (#BBSN) - Directly holds 3,534,010 System1 shares, representing 27.85% of its issued share capital

Edravo Take: Corporate activity sits alongside company results this morning.

Read the full brief and open each RNS card:
https://t.co/pV3TAE5SMr

[Edravo @EdravoCom]

Edravo Afternoon Brief | Thursday 1 October 2026

Company announcements as at 12:30 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↘ Light Science Tech. Holdings PLC (#LST) - H2 vs H1 Revenue Growth ~50% higher, but adjusted loss before tax is anticipated at £0.8m-£1.0m, remaining broadly unchanged from the prior financial year. Revenue conversion delays in key growth divisions directly hit annual profitability guidance and delay the Group's transition to sustainable positive earnings.

↗ RentGuarantor Holdings PLC (#RGG) - FY2026 revenue guidance raised from >£14.0 million to >£19.0 million, with net profit target more than doubled to >£9.0 million. Demonstrates rapid commercial execution and digital operating leverage, materially raising the company's valuation base and profit outlook.

↗ Topps Tiles PLC (#TPT) - Achieved revenue growth, boosted by Pro Tiler Tools. Sustained revenue growth and strategic improvements position Topps Tiles favourably in a challenging environment, appealing to growth-focused investors.

↗ EARNZ plc (#EARN) - Gross proceeds of £4.80m will fund the initial cash consideration for the Gem New Co acquisition and cover transaction expenses

↗ Inchcape PLC (#INCH) - The acquired entities generated approximately £48.7 million ($64 million) in revenue during FY2025 across five retail locations

↔ Beazley PLC (#BEZ) - The scheme of arrangement for Zurich's recommended all-cash acquisition of Beazley plc is now effective following delivery of the Court Order

↔ Schroders plc (#SDR) - This update confirms the completion of the cash acquisition, confirming the 590 pence per share payout timeline and the imminent formal delisting of Schroders from the London Stock Exchange

↔ Reabold Resources PLC (#RBD) - Percentage of Target Share Capital 9.5%

Edravo Take: Corporate activity sits alongside guidance changes this afternoon.

Read the full brief and open each RNS card:
https://t.co/QPuZYQj2aq

[Edravo @EdravoCom]

Renew Holdings plc (#RNWH) - Renew Holdings expects full-year trading to meet market consensus with record revenue and operating profit, while net cash finished ahead of expectations supported by a historical insurance settlement.

Read the RNS card:
https://t.co/stlJoJnihl

[Edravo @EdravoCom]

Edravo Morning Brief | Thursday 1 October 2026

Company announcements as at 07:05 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↘ Light Science Tech. Holdings PLC (#LST) - H2 vs H1 Revenue Growth ~50% higher, but adjusted loss before tax is anticipated at £0.8m-£1.0m, remaining broadly unchanged from the prior financial year. Revenue conversion delays in key growth divisions directly hit annual profitability guidance and delay the Group's transition to sustainable positive earnings.

↗ RentGuarantor Holdings PLC (#RGG) - FY2026 revenue guidance raised from >£14.0 million to >£19.0 million, with net profit target more than doubled to >£9.0 million. Demonstrates rapid commercial execution and digital operating leverage, materially raising the company's valuation base and profit outlook.

↗ Topps Tiles PLC (#TPT) - Achieved revenue growth, boosted by Pro Tiler Tools. Sustained revenue growth and strategic improvements position Topps Tiles favourably in a challenging environment, appealing to growth-focused investors.

↗ Inchcape PLC (#INCH) - The acquired entities generated approximately £48.7 million ($64 million) in revenue during FY2025 across five retail locations

↔ Newmark Security plc (#NWT) - Completes Safetell disposal following National Security and Investment Act clearance

↔ FIH Group PLC (#FIH) - The transaction follows shareholder approval granted at the general meeting on 28 August 2026

↗ Renew Holdings plc (#RNWH) - Net cash finished ahead of expectations supported by a historical insurance settlement

↔ Autotrader Group PLC (#AUTO) - Confirms plans for upcoming results publication

Edravo Take: Corporate activity sits alongside guidance changes this morning.

Read the full brief and open each RNS card:
https://t.co/aPyGEWsnCa

[Edravo @EdravoCom]

Edravo Closing review | Wednesday 30 September 2026

Company announcements as at 17:00 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Saga plc (#SAGA) - Full-year underlying pre-tax profit guidance raised to between £65m and £70m. Demonstrates rapid deleveraging and structural margin recovery, driving an upward revision to full-year earnings expectations.

↔ Tertiary Minerals PLC (#TYM) - Gross Proceeds £1,000,000, but equity Dilution ~19.0%. This equity placement delivers essential operational cash to fund Tertiary Minerals' Zambian exploration programme, though existing shareholders suffer immediate dilution.

↘ Dillistone Group PLC (#DSG) - Cash and Cash Equivalents £0.436m, but dillistone Group PLC reported a 14.7% drop in H1 2026 revenue to £1.854m and a swing to an adjusted operating loss of £0.272m due to persistent recruitment sector weakness

↗ Kodal Minerals PLC (#KOD) - Share of Associate Profit / (Loss) £4,586,928, up 90.7%

↗ Pinewood Technologies Group PLC (#PINE) - Reports H1 FY26 Revenue Growth Ahead of Pending Takeover Completion

↘ Northcoders Group PLC (#CODE) - Adjusted EBITDA shifted from a £0.4m profit in H1 FY25 to a £0.5m loss, with statutory pre-tax loss reaching £0.7m

↘ Thalia Therapeutics PLC (#THAT) - Operating loss widened to £757,192 amid rising costs

↗ Seascape Energy Asia PLC (#SEA) - Cash Reserves £7.1m, up 14.5%

Read today's company news and open each RNS card:
https://t.co/EMU4BC5NFF

[Edravo @EdravoCom]

Edravo Afternoon Brief | Wednesday 30 September 2026

Company announcements as at 12:30 BST. Arrows show Edravo’s assessment of each announcement, not share-price movements.

↗ Saga plc (#SAGA) - Full-year underlying pre-tax profit guidance raised to between £65m and £70m. Demonstrates rapid deleveraging and structural margin recovery, driving an upward revision to full-year earnings expectations.

↔ Tertiary Minerals PLC (#TYM) - Gross Proceeds £1,000,000, but equity Dilution ~19.0%. This equity placement delivers essential operational cash to fund Tertiary Minerals' Zambian exploration programme, though existing shareholders suffer immediate dilution.

↗ Kodal Minerals PLC (#KOD) - Share of Associate Profit / (Loss) £4,586,928, up 90.7%. Validates Kodal's operational transition to commercial producer status while eliminating joint venture debt obligations.

↗ Pinewood Technologies Group PLC (#PINE) - Reports H1 FY26 Revenue Growth Ahead of Pending Takeover Completion

↘ Northcoders Group PLC (#CODE) - Adjusted EBITDA shifted from a £0.4m profit in H1 FY25 to a £0.5m loss, with statutory pre-tax loss reaching £0.7m

↘ Thalia Therapeutics PLC (#THAT) - Operating loss widened to £757,192 amid rising costs

↗ Seascape Energy Asia PLC (#SEA) - Cash Reserves £7.1m, up 14.5%

↔ Jangada Mines PLC (#JAN) - Cash and Marketable Securities £2,099k, up 18.7%, but pretax profit £(1,009)k

Read the full brief and open each RNS card:
https://t.co/FlaF2AuuwV