Tap Global Group (LON: TAP) recently launched the Tap Earn app and it has reached $3.5m of assets under management. The app offers a yield of up to 7% on supported stablecoin holdings, up to 3.5% on Ethereum and up to 2.5% on Bitcoin. Tap Earn is available across all the company’s markets and will generate revenues for the company by converting passive customer balances into generating income. The share price increased 28.1% to 2.05p.
Richard and Charlotte Edwards have increased their shareholding in Pacsco (LON: PACS) from 14.6% to 22.5%. The share price rose 25.8% to 0.755p.
Ariana Resources (LON: AAU) is selling a 13.6% stake in the Zenit gold mining joint venture in Turkey to the majority shareholding for $19.5m – $17.2m after tax. Ariana Resources retains a 9.9% stake in Zenit, which could generate dividends, and has $29m in cash. The cash will be invested in the Dokwe project in Zimbabwe and the cash will fund the project up to the definitive feasibility study. The share price gained 8.11% to 2p.
Staffing firm Staffline (LON: STAF) has issued a trading statement indicating growth in the UK and Ireland thanks to market share gains. Growth is higher than expected but Zeus is being cautious and maintaining its forecast 2026 pre-tax profit of £8.7m. The share price improved 6.62% to 39.45p.
FALLERS
US private equity firm TA Associates has decided not to bid for wound care provider Advanced Medical Solutions (LON: AMS). It was suggested that the offer could be around 280p/share. The share price dropped 17.8% to 203p.
Surveillance systems supplier Synectics (LON: SNX) says trading is in line with expectations in the first five months of the year. New contracts have been won in the leisure and infrastructure sectors, although energy sector projects have been delayed. There will be a second half weighting to the results. The energy sector demand will need to recover to meet full year forecasts. The business restructuring continues. Bob Holt is stepping down from the board to focus on Earnz (LON: EARN). The Synectics share price fell 14.6% to 175p.
Oil and gas company Sintana Energy (LON: SEI) has raised $11.5m at 22.5p/share. This will fund the company’s work programme for two years, including the share of the costs of the Chevron-operated Nabba-1 exploration well. Cash was $8.2m at the end of March 2026. NAV will be diluted by 11% to 38p/share. The share price declined 9.43% to 24p.
Ethernity Networks (LON: ENET) chief executive sold 6.86 million shares, reducing his stake to 3.65%. The share price slipped 7.69% to 0.0012p.
North Yorkshire Council has rejected the planning application for an appraisal well at the Cloughton gas discovery, where Europa Oil and Gas (LON: EOG) has a 40% interest. The council’s planning officers had recommended approval. Options are being assessed. The share price dipped 6.9% to 1.35p.