AIM movers: CPP disposal funds Blink business and Shield Therapeutics reduces cash

CPP Group (LON: CPP) is selling its business in India for £15.7m, of which £11.8m is payable on completion. The rest is dependent on performance. Tax could be £2m. This means that CPP can concentrate on the Blink InsurTech platform, focused on travel disruption and cybsersecurity. The cash will accelerate investment and fund the restructuring of the group to cut costs. Blink has annual recurring revenues of £1.6m. Net cash was £8.1m at the end of June 2025. The share price rebounded 21.7% to 157p.

Iron replacement treatment provider Shield Therapeutics (LON: STX) had a strong second quarter with revenues of $12.8m doubled the previous quarter. This means it is on track to reach cash flow positive by the end of the year. Cash was $10.8m at the end of June 2025. The share price recovered 15.5% to 4.1p.

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Governance and compliance software provider Skillcast (LON: SKL) increased annual recurring revenues grew 22% to £12.7m. Interim revenues rose 18% to £7.5m and net cash has reached £11.5m. This could finance acquisitions activity. The share price improved 13.8% to 53.5p.

MyHealthChecked (LON: MHC) is partnering with Patients Know Best to give people the option to use its at-home blood and DNA tests and access results via the NHS app. The agreement lasts an initial three years. The share price rose 10.6% to 13p.

Caledonia Mining Corporation (LON: CMCL) says 2025 profit will be much higher than expected, helped by the strong gold price. The forecast was $86.7m, up from $51.6m last year. The second quarter was profitable, and 2025 production guidance was recently raised to 75,500-79,500 ounces of gold. The share price increased 8.59% to 1770p.

Plant-based detergent ingredients developer Itaconix (LON: ITX) reported record revenues of £4.8m in the first half of 2025. Panmure Gordon has reduced its 2025 forecast loss from $900,000 to $700,000. The share price is 7.45% to 137p.

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FALLERS

K3 Business Technology (LON: KBT) bought back 34.1 million shares in a tender offer at 85p/share. Dealings on AIM end on 30 July. The share price fell 15.4% to 55p.

CyanConnode (LON: CYAN) reported full year results in line with expectations. Revenue fell from £18.7m to £14.2m due to delays in deployments of smart meters in India. Gross margins improved and operating costs were flat, so the loss fell from £4.2m to £3.7m. In the first quarter of the new financial year, there were 568,000 MESH modules shipped, compared with 1.26 million in the previous full year. The share price slipped 4.62% to 7.75p.

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