Neo Next+ Energy Upstream, which is part of the largest North Sea oil group, has bid 7.7p in cash per share for Deltic Energy (LON: DELT) and it has been recommended by the board of the oil and gas company. The value is £7.2m. The bidder is providing a bridging loan of up to £2.9m. The share price jumped 23.8% to 6.5p.
Investment that Light Science Technologies (LON: LST) into gaining approvals in additional sectors for its contract electronics manufacturing business is starting to pay off. An initial order has been won from a medical devices supplier. This is worth £160,000 and could be worth up to £650,000 annually. This follows an order earlier this week worth £410,000 for the supply of Injectaclad material for fire protection. The share price rebounded 13.9% to 2.3p.
NAHL Group (LON: NAH) increased pre-tax profit by 129% to £4.97m in 2025. This helped net debt more than halve to £3.2m. This reflects the success of handling personal injuries claims through its own National Accident Law firm. Uncertainty about its future hit the performance of the critical care division, but NAHL has decided to retain it and has changed the management. However, currently more claims are being settled is greater than new enquiries and that will hit the performance of NAHL this year. There is no forecast for 2026. The share price recovered 11.8% to 38p.
Active Energy Group (LON: AEG) has secured a deal in the UAE that will help it to expand its digital asset mining operation in Abu Dhabi. This includes a dedicated Abu Dhabi cryptocurrency mining licence. An initial 50MVA capacity of mining will be developed over multiple sites and there will be support in securing ultra-low cost power capacity. The share price rose 12.2% to 0.12p.
Tap Global Group (LON: TAP) has launched Tap Earn, which will offer a yield of up to 7% on eligible cryptocurrency and stablecoin holdings that are part of the Tap mobile app. Tap Earn will generate income from the spread between the gross yield earned by the company and the yield paid to the client. The share price increased 8.7% to 1.25p.
FALLERS
GreenRoc Strategic Minerals (LON: GROC) says it will hold the opening of its pilot graphite processing plant in Horsholm, north of Copenhagen on 2 June. The share price dropped 17.8% to 4.15p.
Dillistone (LON: DSG) reported a 14% fall in 2025 revenues to £4.2m, but an improved pre-tax profit of £400,000. This relates to the original IT recruitment software business, and new management has come into the group to pursue a buy and build strategy. That means the company could be significantly different in one year. The current business appears to be stabilising. The share price lost a small proportion of the gain it achieved after the new management came in and is down 9.62% to 11.75p., which is still 38% higher this year.
Quantum Blockchain Technologies (LON: QBT) says the examination report from the European Patent office raises two objections to its patent application titled “Message Scheduling for Cryptographic Hashing”. They relate to the current claim formulation and prior publications by Dr Nicolas T. Courtois and a US patent application filed by Intel Corporation. The company believes that the problem is the scope of the claims in the patent application. The plan is to improve the wording and put forward arguments that reinforce the novelty of the technology. A separate US patent application has been rejected and the claims for this application will be amended. The share price declined 5.62% to 0.36p.
Strategic Minerals (LON: SML) says additional analysis of old and new drill samples from the Redmoor tungsten tine copper project in Cornwall shows unidentified mineral zones and infill sections. However, the results are not considered material to the recent mineral resource estimate. The share price fell 4.81% to 4.95p.
Ex-dividends
TF & JH Braime (LON: BMTO) is paying a final dividend of 10.5p/share and the share price is unchanged at £15.50.
Franchise Brands (LON: FRAN) is paying a final dividend of 1.35p/share and the share price rose 0.75p to 141.25p.
James Halstead (LON: JHD) is paying an interim dividend of 2.85p/share and the share price is unchanged at 141.6p.
Power Probe (LON: PWR) is paying a final dividend of 1.6p/share and the share price increased 0.5p to 73.5p.
The Property Franchise Group (LON: TPFG) is paying a final dividend of 15p/share and the share price declined 10p to 480p.