Security technology provider Thruvision (LON: THRU) says a partner in Asia has won a contract worth more than £3m. The customers are a number of airports in south east Asia and the equipment will be used for “airport worker screening and insider-threat mitigation”. This is the largest ever Asian order. Delivery should be in the six months to March 2027. The Lang family has reduced its stake in the company from 9% to below 3%. The share price jumped 113% to 1.33p.
Oil and gas explorer Sunda Energy (LON: SNDA) says Matahio NZ Onshore has been awarded a 10-year petroleum mining permit in the onshore Taranaki region by the New Zealand authorities. This is an important step towards Sunda Energy completing the acquisition of Matahio Energy NZ. The share price gained 62.1% to 2.35p.
Automotive connection systems supplier Strip Tinning (LON: STG) has been awarded a DRIVE35 grant of £3m from Innovate UK and the Advanced Propulsion Centre UK to help to scale up its manufacturing and develop the cell contacting system technology. This will fund the business beyond 2027. The share price rose 53.3% to 34.5p.
RAB Capital has taken a 11.4% shareholding in Phoenix Copper (LON: PXC) and Catherine Evans and family has a 14.7% stake. The share price rebounded 40.6% to 0.675p.
FALLERS
80 Mile (LON: 80M) says drilling on the Jameson Land Basin oil and gas project in East Greenland has been delayed. This is because of permitting and regulatory approvals. Drilling could happen in winter 2027. A formal warning has been received from the authorities for landing equipment without permission. The share price slumped 34.9% to 0.462p.
Retailer Mothercare (LON: MTC) says 2025-26 net worldwide system sales fell 22% to £180m and the company’s revenues slumped 42% to £22.4m. System sales continue to decline due to uncertainty in the Middle East, the reduction in the number of stores and clearing old stock. A new franchise partner should be announced in the UK. Net debt was £5.7m at the end of March 2026 and the pension deficit is £35m. This year the loss is forecast to rise from £2.6m to £3.2m before a small reduction next year. Net debt is expected to rise. The share price declined 28.6% to 0.7p.
Caledonian Holdings (LON: CHP) has raised £612,000 at 1.25p/share. This will provide cash to fund the commercial rollout of Aspire’s multicurrency business current account and debit card, plus near term trade finance opportunities. Aspire was acquired for £9.33m in June. The share price slipped 21.2% to 1.3p.
Rockfire Resources (LON: ROCK) has raised £2.15m at 0.11p/share. The cash will finance the application for a permit to reopen the underground mine, continue pre-feasibility work and continue drilling at the Molaoi project in Greece. This project has zinc, silver, lead and germanium. The share price fell 20.4% to 0.1075p.