Richard Edwards has a 6.5% stake in Ethernity Networks (LON: ENET). The share price is 24.4% higher at 0.0051p, but still lower on the week after it raised £367,500 at 0.004p/share.
Sports and leisure products supplier Tandem (LON: TND) improved revenues by 6% to £26.2m in 2025 despite weak consumer confidence. Bicycles and home and garden sectors grew fastest, offsetting the drop in toys, sports and leisure. Efficiency improvements mean that pre-tax profit should be slightly ahead of expectations of £500,000 – Cavendish forecasts £600,00. Management hopes to maintain the rate of growth in revenues this year. The results will be published on 23 March. The share price increased 8.82% to 185p.
Chariot Oil and Gas (LON: CHAR) says 34% owned associate Etana Energy has signed a significant power purchase agreement with Sibanye-Stillwater, a multinational mining and metals processing group, in South Africa. This a ten-year agreement to supply 220MW of renewable energy each year, starting in 2027. The share price rose 3.32% to 1.524p.
FALLERS
Jangada Mines (LON: JAN) says trenching at the Paranita gold project returned gold grades of up to 4.3g/t and confirmed a strike length of 800 metres. Further results are expected this month, and these should contribute to expanding the existing JORC resource. The share price declined 7.58% to 1.525p.
Huddled Group (LON: HUD) has raised up to £730,000 from a share subscription at 1.75p/share and secured a debt facility of up to £600,000. There is also a retail offer of up to £100,000. The cash will fund additional stock for the retailer. New marketing initiatives are proving successful. The share price fell 5.26% to 1.8p.
Karl-Erik von Bahr has increased his stake in Firering Strategic Minerals (LON: FRG) from 3.14% to 4.1%. The share price dipped 4.06% to 1.3p.
Inspecs (LON: SPEC) says that the votes received for the scheme of arrangement for the 84p/share offer by a bid vehicle established by Luke Johnson and Ian Livingsgtone would not be enough for it to go through. The general meeting has been delayed from 9 February to 23 February. The share price is down 0.7% to 68p, having been as low as 61p earlier in the morning.
