Nortrust Nominees has taken advantage of the rise in the Empyrean Energy (LON: EME) share price by reducing its stake from 4.5% to 1.28%. There is a proposed farm down by Conrad Asia Energy of its 75% stake in the Duyung PSC, where Empyrean Energy ha an 8.5% interest. Trading in Conrad Asia Energy shares has been halted on ASX ahead of an announcement. The share price soared 121% to 0.138p.
Jersey-based asset manager Team (LON: TEAM) has approached WH Ireland (LON: WHI) about an indicative, non-binding offer. The all-share offer would be 0.195 of a Team share for each WH Ireland share. The offer is being evaluated. The WH Ireland share price rebounded 83.3% to 2.75p, while the Team share price increased 1.82% to 28p.
Rent guarantee services provider RentGuarantor Holdings (LON: RGG) has become a preferred supplier to franchised branches of estate agency Winkworth. The share price improved 52.9% to 19.5p.
Blue Star Capital (LON: BLU) investee company SatoshiPay, says that its Vortex fiat-to-crypto infrastructure platform has onboarded its first major API partners. It has passed $2m in cumulative transaction volumes. The share price gained 20.5% to 13.25p.
Aptamer Group (LON: APTA) has won another two contracts worth a total of £192,000, which takes the order book to £1.95m. One is a repeat contract with an existing customer for bioanalysis of neurological samples, and the other is with a new customer for binders targeting a protein associated with acute myeloid leukaemia for use as a diagnostic. The share price rose a further 18.2% to 0.975p.
FALLERS
Touchstone Exploration (LON: TXP) has published new production guidance, which is a reduction of 6% to the mid-point of 4,700 boepd. The previous guidance was published in October. Cascadura-5 was brought online at the beginning of November, but production has been lower than expected. That means net debt expectations have been increased to $69m. A waiver has been secured on the debt service coverage covenant. Earlier this month, James Shipka, executive vice president asset development and HSE, left the company. Production is expected to be much higher in 2026 and there should be significant cash generation. The share price slipped 47.2% to 6.2p.
Futura Medical (LON: FUM) has raised £2.75m at 1p/share to provide financial stability, while management undertakes the strategic review and to continue to spend on product development. Appropriate EU market models are being considered with Cooper Consumer Health. There are also talks with US distributor Haleon. Alex Duggan become permanent chief executive, and Angela Hildreth is staying as finance director. Turner Pope has been appointed joint broker. Lombard Odier has sold 4.44 million shares, reducing its stake to 26.9%. The share price declined a further 41.7% to 1.3p.
Buccaneer Energy (LON: BUCC) revealed that the Alla #1 well in the Pine Mills field in Texas, where it owns a 32.5% interest, does not contain commercial hydrocarbons. The well will be abandoned. The rig will be moved to drill the Fouke #4 well. The share price dipped 34.5% to 0.0095p.
Oil and gas producer PetroTal Corp (LON: PTAL) has suspended dividend payments, which will save $55m in a full year. Lower oil prices and reduced production led to this decision. Drilling activity has been postponed to mid-2026 following delays with the rig. Kite Lake Capital belated admitted that it had reduced its shareholding to 9.96%. The share price fell 33.8% to 23.5p.