AI-based services provider to smaller businesses Pri0r1ty Intelligence Group (LON: PR1) has announced a formal Bitcoin treasury management policy. The company can retain Bitcoin, but not other cryptocurrencies. No more than 50% of surplus cash can be retained in Bitcoin. The share price jumped 48.1% to 5.85p.
Orchard Funding (LON: ORCH) has traded strongly in 2025 and the latest trading statement has sparked a second upgrade in three months. The insurance premium funding business is growing. Lower interest rates have improved margins and there are lower credit losses. Allenby has raised its 2025 pre-tax profit forecast by 23% to £2.7m. NAV is expected to be 99.1p/share at the end of 2025. The share price increased 26.2% to 65p.
Ambrose Healthcare has exercised its option to out licence the potential treatment VAL401from ValiSeek. ValiRx (LON: VAL) owns 54.1% of ValiSeek. VAL401 is a novel lipid formulation that has anticancer effects. ValiRx will receive 576,000 Ambrose Healthcare shares, plus up to £16m in milestones plus royalties. Ambrose Healthcare will meet all development and patent costs. The share price rebounded 22.7% to 0.675p.
Investment company Seed Innovations (LON: SEED) reported a dip in NAV from 6.73p/share to 6.1p/share, but that was after paying a 1p/share special dividend, so there was underlying growth. There was a swing from an investment loss of £1.2m to a gain of £797,000. In the year to March 2025, the overall gain was £367,000, compared with a £2.12m loss the year before. The largest improvement in valuation was for sustainable oils and fats developer Clean Food Group, where it rose from £1.18m to £1.72m, helped by a deal with THG Labs. The portfolio is valued at £8.34m and there is cash net of payables of £3.43m. The share price improved 5.13% to 2.05p.
FALLERS
Karelian Diamond Resources (LON: KDR) is rising £185,000 at 0.75p/share. This will provide cash to help to exploit the recently granted mining concession for the diamond deposit at Lahtojokii in Finland. There will also be spending on further exploration of the historic Cappagh copper mine and the surrounding area. The share price slipped 20.9% to 0.85p.
Insurtech developer CPP Group (LON: CPP) is focusing on its early-stage technology and selling its regional financial services activities. The Turkey business has been sold, and India is likely to follow. Phoenix Asset Management reduced its stake in CPP from 19.3% to 18.3%. The share price lost some of its previous gains and is down 6.38% to 110p.
Yesterday, NAHL (LON: NAH) has ended discussions about the potential sale of the Bush & Co critical care expert witness business. There were two proposals, but neither was sufficiently attractive. The share price fell 4.72% to 50.5p.