CEPS (LON: CEPS) is selling its stake in inspection business ICA for an upfront payment of £14m, which includes the repayment of loan notes. There was £872,000 invested in ICA by CEPS. Management believes that ICA has reached a point where it requires greater financial backing. Debt of £4.95m will be repaid and the rest of the cash will be used to invest in new opportunities. The disposal requires shareholder approval. The share price jumped 33.9% to 41.5p.
Gift packaging and stationery supplier IG Design (LON: IGR) is trading ahead of expectations. In the nine months to December 2025, margins of 4% are at the higher end of guidance. Full year pre-tax profit estimate has been raised from $7.1m to $9.9m. Cash could be more than $55m at the end of March 2026. A new chief executive is being recruited. The full year results will be published in June and there will be a return to reporting in pounds. The share price rebounded 28.8% to 61.5p.
Digitisation services provider TPXimpact (LON: TPX) has won a £22m contract with NHS England. This lasts two years and involves the transition of maternity, neonatal and school vaccination programmes. This will help underpin forecasts for the next two years. A 2026-27 pre-tax profit of £5.9m. The share price rose 9.43% to 29p.
David and Monique Newlands have increased their stake in floor tiles manufacturer Airea (LON: AIEA) from 12.4% to 15.1%. The share price recovered 10.8% to 20.5p.
FALLERS
Kidney diagnostics developer Renalytix (LON: RENX) expects interim revenues will be $1.6m with full year guidance of $4m, up from $3m last year. Recent integrations will help second half revenues to grow. There is a large-scale hospital integration planned that will cover 1,000 chronic diabetic kidney disease with potential to have access to more than 40,000 patients. A study is being undertaken to further validate the kidneyintelX.dkd diagnostic. There are talks with potential partners for the study. There was $6m in cash at the end of 2025. The share price dived 21.9% to 4.375p.
Trading continues to get worst for cloud services provider Iomart (LON: IOM) and the forecast loss for the year has been raised from £1.7m to £4.2m. Finance director Scott Cunningham is leaving. More than £5m of cost savings have been made. Net debt continues to rise and could reach £91.9m by the end of March 2026. There are total bank facilities of £115m and that lasts until June 2027. The share price declined 10.5% to 17.25p.
GCM Resources (LON: GCM) is raising £1.25m at 8.2p/share. This will provide working capital for the Phulbari coal and power project in Bangladesh. National elections are being held on 12 February, and this will determine government policy on the project. The share price slipped 9% to 9.1p.
In 2025, Manx Financial (LON: MFX) grew its loan book by 12%, although the rate of growth slowed in the fourth quarter. Conister Bank is not yet able to assess the increase in the provision in relation to the car finance compensation scheme. There is also going to be a provision for the withdrawal of 100% government guarantees Conister Bank will enter the overdraft market in the second quarter of 2026. This is part of a partnership with AIM-quoted Fiinu (LON: BANK). Payment Assist has increased advances by £18.7m to £59.7m, and it is preparing for FCA oversight to commence in July. Options are being considered for businesses in Manx Ventures, which includes sale or joint venture partnerships. The share price slipped 7.81% to 29.5p.