AIM movers: Polar Capital assets jump and ex-dividends

Payments and subscription technology developer Bango (LON: BGO) grew recurring revenues by 31% to $20.4m. Total interim revenues were 3% ahead at $25.9m. Net revenue retention was 119%. Cash EBITDA of $3.7m was more than for the whole of 2025. Net debt was $8.7m at the end of June 2026. The share price recovered 17.4% to 67.5p.

Kazera Global (LON: KZG) has secured a long-term strategic development partnership for the Whale Head Minerals Heavy Mineral Sands project at Walviskop. The partner is China-owned South Africa AT Investments. There is an initial advance payment of $750,000 and a further $1.75m after the 2A mining right is granted. Production targets will be set within 30 days. First production is targeted for the end of 2026 and Whale Head Minerals gets 20% of production. This lasts for the life of the mine. The share price gained 8.33% to 1.3p.

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AI services provider Insig AI (LON: INSG) chief executive Richard Bernstein acquired 200,000 shares at 13.5p each. He previously announced that he is interested in providing additional funding. He is offering £250,000 at 15p/share with a call option over a further £250,000 at 18p/share. Revenues are expected to more than double this year to around £1.65m. That should be enough to achieve an operating profit. A Nasdaq listing is a possibility. The share price increased 5.66% to 14p.

Video games publisher tinyBuild (LON: TBLD) chief executive Alex Nichiporchik has bought 430,000 shares at 10.9p each. He has been buying shares since the AGM and owns 58.1%. The share price rose 4.88% to 10.75p.

Defence services contractor RC Fornax (LON: RCFX) has won a three-year framework agreement with Thales Underwater Systems. There was previously a project based relationship. The share price improved 4.07% to 6.4p.

FALLERS

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Fund manager Polar Capital (LON: POLR) increased assets under management by 47% to £45bn, helped by net inflows of £2.5bn and investment returns of £11.1bn. Despite the positive news, the shares have gone ex-dividend and fell 5.61% to 866.5p.

Mkango Resources (LON: MKA) has appointed Cavendish at joint broker alongside Hannam & Partners and SP Angel, which is also nominated adviser. The share price dipped 3.75% to 38.5p.

Kettle components supplier Strix Group (LON: KETL) is pausing the share buyback programme. New chief executive Andy Rainforth will assess strategy and make an announcement later in the year. Strix set aside £10m for the buyback and has spent £3.7m at an average price of 41.2p. the 15 month results will be released on 4 August. The share price dipped 2.15% to 36.45p.

Ex-dividends

Anpario (LON: ANP) is paying a final dividend of 8.9p/share and the share price declined 11p to 535p.

Focusrite (LON: TUNE) is paying a dividend of 4.64p/share and the share price slid 6p to 235p.

Manx Financial (LON: MFX) is paying a final dividend of 0.52p/share and the share price is unchanged at 26p.

Orchard Funding Group (LON: ORCH) is paying a final dividend of 1p/share and the share price dipped 0.5p to 61p.

Premier Miton (LON: PMI) is paying an interim dividend of 1.5p/share and the share price slipped 1.75p to 38.75p.

Polar Capital (LON: POLR) is paying a final dividend of 32p/share and the share price fell 51.5p to 866.5p.

Real Estate Investors (LON: RLE) is paying a dividend of 0.38p/share and the share price is unchanged at 31.5p.

Sanderson Design Group (LON: SDG) is paying a final dividend of 1p/share and the share price is unchanged at 77.5p.

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