Internet of Things investment company Tern (LON: TERN) had a 63% take up of its open offer which raised £406,000 at 0.6p/share. The share price rebounded 22.5% to 0.6p.
Truetide (LON: TRUE) chief executive Trevor Brown bought 175,000 shares at 1.9p each. He owns 28.2% of the investment company. The share price increased 16.3% to 2.5p.
The new board of mathematical modelling and biostatistics company Physiomics (LON: PYC) has started a review of the business. Costs will be controlled and directors will receive part of their payments in shares that will be issued each year at the price prior to issue. The board says that it has identified new opportunities that can be exploited over the medium-term. Cash should last until 2027. The share price recovered 10% to 0.55p.
Furnishings brand Colefax (LON: CFX) has traded ahead of expectations in the second half. Like-for-like sales are 7% ahead in the three months to April 2026. Full year pre-tax profit is expected to be at least £10.5m. The share price gained 9.35% to £13.45.
Ceardusk Partners has taken a 3.2% stake in floorcoverings supplier Victoria (LON: VCP). The share price rose 8.96% to 32.85p.
Real-time equipment monitoring technology developer Tan Delta Systems (LON: TAND) has received an order worth £395,000 from a leading manufacturer of large commercial and industrial engines. It is for real-time oil analysis systems. The share price is 7.94% higher at 34p.
EPE Special Opportunities (LON: ESO) had net assets of 428.69p/share at the end of April 2026. The share price improved 6.45% to 231p.
IG Design (LON: IGR) chief executive designate Gerald Kuehr has bought an initial 1.25 million shares at 69p each. The share price increased 6.38% to 75p.
FALLERS
Shares in Vertu Motors (LON: VTU) fell 1.53% to 84.2p ahead of full year results on 13 May.