News blog
AIM 50 Digest 29 August 2025
- BY: Andrew Hore |
- POSTED: 01/09/2025 |
Ashtead Technology (AT.) is planning to move to the Man Market on 6 October. Interim revenues rose 23% to £99.1m, including organic growth of 1%, while pre-tax profit was flat at £17.8m. Full year pre-tax profit should be in line with expectations of £48.6m. The medium-term outlook is positive. Four directors have bought shares, including chairman Bill Shannon who acquired 30,000 shares at 385p each. Non-execs Jean Cahuzac, Kristin Færøvik and Thomas Thomsen have all made initial share purchases.
=====
Rockhopper Exploration (RKH) is selling its Italian oil and gas interests, following the receipt of Euro31m under the insurance for the dispute with the Italian authorities. The sale agreement with Zodiac Energy has been amended and, following a recapitalisation, the buyer will pay £1 and Rockhopper will receive royalties on certain assets.
=====
North Sea oil and gas producer Serica Energy (SQZ) says the Triton platform has averaged production of 20 mboe/day in recent weeks. Additional wells still need to be brought online. Assuming overall Serica Energy production of 43 mboe/day in the second half, Auctus Advisors believes that around $100m of fee cash flow could be generated.
=====
Exane BNP changed its recommendation for mixer drinks supplier Fevertree Drinks (FEVR) to underperform and set a share price target of 740p. Earlier in the week Jefferies raised its share price target from 820p to 900p.
=====
Pantheon Resources (PANR) says that the Dubhe-1 pilot hole was successful and confirms the presence and quality of the oil and gas reserves in the Ahpun field in Alaska. The results exceeded expectations.
=====
Marketing services provider Next 15 Group (NFG) says that it is ceasing operations at the Mach49 subsidiary, and it should end trading in this financial year. There is an arbitration process for remaining earnout payments. Next 15 is counterclaiming for previous payments.
=====
Redcentric (RCN) confirms that it is in discussions to sell its data centres business.
=====
ITM Power (ITM) has struck a strategic partnership with ABO Energy. They will combine their expertise to offer Hydrogen-as-a-Service and Infrastructure-as-a-Service hydrogen projects. The focus will be Spain and Finland.
=====
Market research services provider YouGov (YOU) chief executive Stephan Shakespeare bought 86,715 shares at 346.2p each. Polar Capital (POLR) chief investment office Alexande Black sold 12,000 shares at 476.5p each. Richard Giffiths has increased his stake in RWS (RWS) from 5.53% to 7.76%.
© 2026 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|