Animalcare (LON: ANCR) is recommending a 336p/share cash bid from Charterhouse Capital Partners, which values the animal treatments developer at £235.2m. The share price has not been at that level since early 2022. The bid values Animalcare at more than 24 times prospective 2026 earnings. Charterhouse believes it can provide the funding for Animalcare to continue its buy and build strategy. The share price jumped 34.6% to 332.5p.
Strip Tinning (LON: STG) has received a serial order for Cell Contacting system parts for the battery pack for Zoox Robotax. This is important progress in the battery connectors sector. A glazing connectors contract has gone into serial production, and a smart glass roof connectors contract is about to go into serial production. The share price rebounded 22.5% to 24.5p.
Peru-based miner Nativo Resources (LON: NTVO) says further laboratory analysis of underground selective vein chip samples from the Bonanza gold mine reinforces the presence of high-grade mineralisation within the vein system. There is also silver in the samples. The share price rose 11.9% to 0.33p.
Verici Dx (LON: VRCI) says the use of post kidney transplant test Tutivia is increasing with year-on-year growth in testing rising by one-third. This shows that the test is trusted by the clinicians. Seven transplant centres have placed initial orders. Two Medicaid states have been added taking the total offering funding for the test to 17. A new sales director has been appointed. Net cash is estimated at $2.6m at the end of 2025. The share price recovered 15.85 to 0.55p.
FALLERS
Quantum Blockchain Technologies (LON: QBT) has raised £500,000 at0.35p/share. It This will fund further development of Bitcoin mining technology, and this will help integrating the AI Oracle technology into mining rigs of ASIC manufacturers. There is £100,000 being set aside to set up BlocKeeper to develop a hardware free virtual Bitcoin mining operation by acquiring hashing power from Bitcoin miners. BlocKeeper will seek an Aquis quotation. The share price slipped 24.2% to 0.36p.
Building products supplier Alumasc (LON: ALU) says events in the Middle East has made it cautious about the second half. Exports are an important contributor to revenues, but business confidence has also been hit in the UK. Potential supply concerns mean that Alumasc is increasing inventories. Cavendish cut its forecast 2025-26 revenues by 4% to £109m, while pre-tax profit has been slashed from £14.4m to £11m. There is a strong order book, but timings are uncertain. The dividend may be maintained at 10.8p/share – it would still be more than twice covered by earnings. Net debt could be £4.3m at the end of June 2026 and there could be net cash one year later. The share price declined 14.4% to 222.5p, which is ten times prospective earnings.
Nicholas Slater has cut his stake in Blue Star Capital (LON: BLU) from 6.51% to 5.39%. The share price fell 11.3% to 11.75p.
Eric Sprott has exercised 39 million warrants in Galantas Gold (LON: GAL) at C$0.12 each. The share price dipped 9.21% to 34.5p.
Ex-dividends
Arbuthnot Banking (LON: ARBB) is paying a final dividend of 31p/share and the share price is 27.5p lower at 850p.
Pebble Group (LON: PEBB) is paying a final dividend of 2p/share and the share price fell 1.5p to 51p.
Winkworth (LON: WINK) is paying a dividend of 3.3p/share and the share price is unchanged at 172.5p.