William Jordan has increased his stake in Cloud-based video editing technology provider Blackbird (LON: BIRD) from 3.05% to 4.3%. Cavendish has been appointed as joint broker. This follows the announcement earlier this week that Blackbird has promoted Sumit Rai from chief product officer to chief executive. He replaces Ian McDonough who remains a director. The share price rebounded 15.4% to 4.5p.
SEEEN (LON: SEEN) says fintech business Breeze Financial is going to deliver creator channels worth an initial $600,000 to the company’s GT Channel. This will boost the YouTube Creator Service Provider (CSP) division. Breeze has been granted 1.5 million warrants exercisable at 10p/share if average monthly revenues from the deal are $350,000 over three months. Breeze is also lending $700,000 enabling the repayment of $860,000 secured against CSP revenues. The deal should be earnings enhancing. The share price increased 10.5% to 5.25p.
Ampeak Energy (LON: AMP) says that the AW1 battery storage project at the Uskmouth Sustainable Energy Park is on course to be energised later in November with full commercial operations in the first quarter of 2027. All 55 batteries have been delivered. There are also plans to double capacity from 240MWh to 480MWh. Ampeak Energy is forecast to increase revenues from £6.14m in 2026 to £24.7m in 2027. The share price rose 13.3% to 1.7p.
Data analysis software provider Celebrus Technologies (LON: CLBS) has launched a buyback of up to three million shares. The acquired shares will be used to satisfy the company’s share schemes. The share price improved 7.1% to 53p.
FALLERS
Quadrise (LON: QED) has agreed not to extend the exclusive global collaboration and emulsifiers sales agreement with Nouryon Surface Chemistry until volume requirements are confirmed. Nouryon would be interested in an agreement when the requirements are known and will still support individual trials. The share price slumped 30.8% to 1.19p.
PipeHawk (LON: PIP) revenues more than halved to £1.8m in the year to June 2026, although the pre-tax loss was slightly lower at £283,000. This follows disposals and closures of businesses. The profit includes £934,000 of gains on disposals. Thomson Engineering Design had a difficult year, but trading has improved. PipeHawk is refocusing on this business. PipeHawk has net liabilities and is being financially supported by the executive chairman. The share price declined 21.1% to 1.5p.
Broker and acquisitions adviser Cavendish (LON: CAV) reported a decline in interim revenues from £28.5m to £22.9m, while underlying pre-tax profit declined from £1.99m to £785,000. Investment banking revenues fell from £23.5m to £17.9m, while equities revenues were flat at £5m. Annual costs are being reduced by more than £3m, although this may be partly offset by additional hires. Cash fell to £10.6m but should increase in the second half. There is no interim dividend. Julian Morse will become sole chief executive, and John Ferrugia is stepping down as joint chief executive. The share price slipped 7.81% to 5.9p.
Atome (LON: ATOM) says that it is not affected by the Ueno Bank collapse in Paraguay that led to the impeachment of the President. The former head of the National Power Company of Paraguay, ANDE, has been reinstated. He claims Atome failed to meet contractual obligations relating the power agreement for the Viletta fertiliser project, but the company disputes this. The share price fell to 9.5p but is currently unchanged at 11p.