Invinity Energy Systems (LON: IES) has won a project through FlexBase to design a GWh-scale vanadium flow battery to be deployed at the Technology Centre Laufenburg, Switzerland. This datacentre and technology campus required up to 1.5GWh and it could be expanded to 2.1 GWh. There should be phased manufacturing of the batteries. The share price is two-fifths higher at 31.5p.
Commodity export controls announced in Indonesia hit the share price of palm oil producer MP Evans (LON: MPE) yesterday, but there has been a rebound today. The company’s palm oil will have to be sold through state-owned enterprises. This is to boost the country’s tax revenues. MP Evans is not a direct exporter, but it will be affected, but the initial reaction appears overdone. Statements by the government suggest that the focus is companies that use transfer pricing to avoid tax and not companies like MP Evans. Demand for palm oil remains strong, particularly for biodiesel. The current palm oil price is higher than the one used in forecasts for 2026. Singer suggests the maximum earnings risk is 10%. The share price recovered 10.3% to £15.11.
TV programmes producer Zinc Media (LON: ZIN) has won a $6m contract to produce an entertainment series in the Middle East. The international distribution rights should add extra income. The series has already been broadcast for 17 seasons, and it follows inventors developing ideas. Zinc Media has been brought in to refresh the format, and the programme will be shot in Arabic and English. The share price increased 12.1% to 46.5p.
Mkango Resources (LON: MKA) subsidiary Mkango Rare Earths has filed a registration statement in the US concerning its merger with Crown PropTech Acquisitions. This helps to progress the proposed Nasdaq listing for Mkango Rare Earths. The share price rose 10.1% to 49p.
FALLERS
Gaming hardware and software supplier Nexteq (LON: NXQ) says global political uncertainty and higher memory prices has hit demand for its products. This means that 2026 revenues could be 15% below expectations. Revenues had been expected to be slightly lower, but it is currently forecast to fall from $90.2m to $73m and this means that there will be a fall into loss. The share price fell 21.4% to 51.5p.
Energy efficiency technology developer Sabien Technology (LON: SNT) is entering into an agreement for a proposed strategic commercial partnership and financing that will help tot accelerate commercial deployment of the M2G technology. The partnership with Haydale (LON: HAYD) and SaveMoneyCutCarbon (SMCC) means that SMCC will be the M2G distributor in agreed commercial, industrial and public sector markets. Haydale would also help with improving manufacturing efficiency. Non-core investments are being reviewed, and additional opportunities will be assessed. A strategic investor group could acquire the 26.7% stake held by executive chairman Richard Parris and restructure the debt owed to Parris Group. A convertible loan note could raise up to £2m. Final terms have to be agreed. This announcement follows the settlement of a historical contract for £40,000 in cash and £50,000 in shares at 5.71p each. The share price declined 13% to 5p.
AI-driven technology consultancy GenIP (LON: GNIP) has gained new orders. The clients include universities and high schools in North America, Hong Kong and UK, as well as a company in South Africa. The share price slipped 11.8% to 5.6p.
Scientific instruments manufacturer SDI Group (LON: SDI) says trading was strong in the second half, which is in line with expectations. Higher margins offset slightly lower than anticipated revenues. Organic growth improved. Forecast pre-tax profit is maintained at £9.8m and the 2026-27 figure is unchanged at £11.2m. The share price lost 6.88% to 74.5p.
Ex-dividends
Andrews Sykes (LON: ASY) is paying a final dividend of 14p/share and the share price slid 2.5p to 515p.
Burford Capital (LON: BUR) is paying a final dividend of 4.65p/share and the share price rose 1.9p to 332.5p.
Everplay Group (LON: EXPL) is paying a final dividend of 1.9p/share and the share price declined 6.75p to 271.75p.
Fevertree Drinks (LON: FEVR) is paying a final dividend of 11.34p/share and the share price slipped 5.25p to 772.75p.
Micon Group (LON: MCON) is paying a final dividend of 1.05 cents/share and the share price is unchanged at 59p.
Midwich Group (LON: MIDW) is paying a final dividend of 3.5p/share and the share price fell 6.2p to 149.8p.
Nexus Infrastructure (LON: NEXS) is paying an interim dividend of 1p/share and the share price is unchanged at 111p.
Niox Group (LON: NIOX) is paying a final dividend of 1.55p/share and the share price dropped 1.8p to 59.8p.
Science Group (LON: SAG) is paying a final dividend of 10p/share and the share price dipped 3p to 582p.
Winking Studios (LON: WKS) is paying a final dividend of S$0.02/share and the share price is unchanged at 15p.