Alaska-focused oil and gas explorer Pantheon Resources (LON: PANR) intends to appoint Lord Spencer of Alresford as chairman. David Wilkins will also join the board. David Hobbs and Jeremy Brest are stepping down from the board and will not be offered for re-election at the AGM today. The share price jumped 41% to 11.59p.
Agricultural and fire protection technology supplier Light Science Technologies (LON: LST) shares recovered 8.7% to 1.25p, although they are still more than three-fifths lower than five days ago. The fall happened after the announcement of a placing raising £6m at 1p/share and a retail offer to raise up to £600,000 more. The retail offer closes on 16 March. This will fund the acquisition of fire protection company Injectaclad for up to £4.8m, as well as the £600,000 cost of the 10% minority shareholding in UK Circuits and Electronics Solutions and a related property.
The board and management of Tap Global Group (LON: TAP) says all the directors and some senior management have agreed not to sell shares in the open market until March 2029. They can sell alongside a share issue by the company – capped at 20% of that fundraising. This covers 63% of the existing share capital. If any of the individuals leave the company, then the lock-in no longer applies. The share price increased 7.69% to 1.4p.
Records management and technology services provider Restore (LON: RST) increased 2025 revenues by 27% to £304.7m, helped by acquisitions, while pre-tax profit was 22% ahead at £40.6m. Earnings rose 17% to 22p/share. Net debt was £124m at the end of 2025. Further cost savings will benefit this year. Canaccord Genuity has raised its 2026 pre-tax profit forecast from £45m to £46m. The share price gained 7.11% to 248.5p.
Edale Capital has increased its shareholding in Touchstone Exploration (LON: TXP) from 4.05% to 5.25%. The share price rebounded 4.65% to 11.25p.
Diagnostics developer and manufacturer Abingdon Health (LON: ABDX) has won a $2.5m to project manage and provide support for a regulatory submission of a clinical self-test. This is for a UK client, and the majority of revenues will be recognised in the year to June 2027. The share price improved 6.25% to 8.5p.
FALLERS
Aura Energy (LON: AURA) says the transaction that would bring in strategic investors to the Haggan project and float it on the TSX Venture Exchange has been deferred because the government of Sweden has launched an inquiry into the mining of alum shales, as well as poor market conditions. Aura Energy owns 100% of the Haggan uranium, vanadium and potash project. The share price dipped 14.8% to 5.75p.
Automotive testing services provider AB Dynamics (LON: ABDP) says trading momentum continued until the end of February 2026 and group interim revenues were £49m. There was weakness in testing services demand in China and there will be a £16m non-cash impairment charge. Net cash was £39.3m at the end of February 2026. A second half weighting is anticipated for this year’s revenues. The interims will be published on 14 April. The share price fell 4.64% to 1182.5p.
Anglo Asian Mining (LON: AAZ) says that its mines in Azerbaijan have produced more than one million ounces of gold equivalent since they started operations in 2009. This includes 851 ounces of gold, 1.9 million ounces of silver and more than 30,000 tonnes of copper. Copper production is set to triple. The share price declined 2.13% to 252.5p.
Ex-dividends
Colefax Group (LON: CFX) is paying an interim dividend of 3p/share and the share price is unchanged at 1090p.
Fiske (LON: FKE) is paying an interim dividend of 0.3p/share and the share price is unchanged at 69p.
Globalworth Real Estate Investments (LON: GWI) is paying a dividend of 5 cents/share and the share price declined 2.5 cents to 177.5 cents.
Heavitree Brewery (LON: HVT) is paying a final dividend of 3.85p/share and the share price is unchanged at 220p.
FW Thorpe (LON: TFW) is paying a dividend of 1.81p/share and the share price dipped 0.5p to 264.5p.