* A corporate client of Hybridan LLP.
** Potential means Intention to Float (ITF) or similar announcement has been made.
***Arranged by type of listing and date of announcement.
****Alphabetically arranged and priced on Share Price and Market Capitalisation during the time of writing on the day of Publication.
Dish of the Day
Admissions:
None
Delistings:
None
What's baking in the oven "new today?"
None
Banquet Buffet****
London Stock Exchange: Main Market and AIM
Activity Energy Group 0.0825p £5.6m (AEG.L)
The company which is developing power-backed critical infrastructure supporting AI, next-generation digital infrastructure and other strategic industries across the United Arab Emirates and the wider Gulf, provided an update on progress during the summer of 2026. Having proven it can secure, energise and commercially operate power-backed sites in the UAE, the Group is now directing its resources towards larger developments capable of supporting institutional counterparties, while extracting more value from the land and power it already controls. The Group's Ghummud site continues to perform in line with expectations, generating approximately US$110k per month.
Caledonian Holdings 1.625p £3.0m (CHP.L)
The AIM quoted investing company focused on building an integrated financial services group, announced that Aspire Commerce Group Limited, its wholly owned subsidiary, has completed the commercial launch of its enhanced multi-currency business current account proposition, including the Mastercard World Business Debit Card. The launch represents a key commercial milestone identified in the Company's £612k fundraising announcement on 13 August 2026, which was undertaken in part to accelerate Aspire's business account and debit card rollout and progress its trade finance pipeline. With the enhanced proposition now commercially available, Aspire's focus will move to growing its customer base through direct and partnership-led distribution, increasing transaction volumes and converting its existing trade finance opportunities into recurring revenues.
GreenRoc Strategic Materials 4.25p £12.1m (GROC.L)
The company focused on the development of critical mineral projects in Greenland, announced the preliminary results of Phase III drilling to date at the Amitsoq Graphite project in South Greenland, which has extended graphite mineralisation significantly to the north of the previous resource drilling by some 100-150m to the north of the previous resource drilling. The majority of the planned drilling programme has been completed, with the remaining holes expected to be drilled from early October 2026.
James Cropper 550p £52.6m (CRPR.L)
The Advanced Materials and Paper & Packaging group, provided a trading update for the 22-week period ended 28 August 2026, ahead of its AGM today. The Group reported a strong start to the year and management’s focus remains on strategy implementation which continues to drive improved business performance. Advanced Materials revenue remains broadly in line with the same period in the prior year, while Paper & Packaging has delivered a particularly strong performance in the Period, reflecting high demand from established customers augmented by new business wins accelerating the momentum delivered in the second half of FY26. The Board expects full year trading to be in line with market expectations.
Light Science Technologies 1.875p £18.5m (LST.L)
The technology and manufacturing business announced that its Passive Fire Protection (PFP) division has secured approximately £0.8m of additional business since the Company's PFP Division trading update released on 24 June 2026. The additional business comprises further orders and invoiced sales of the Group's Injectaclad cavity fire barrier system through its installer network and two further contracts secured by the Company's in-house installation business, Injecta Fire Barrier. The two new installation projects are located in Birmingham and Leicester, with the Leicester project having recently been approved by the Building Safety Regulator. Together, these two new projects add to the installations in Hull and Liverpool, as referenced in the Company's announcement on 24 June 2026.
Made Tech Group 48.25p £72.4m (MTEC.L)
The provider of digital, data and technology services to the UK public sector, announced that it has been selected as one of a list of suppliers to three lots under the Met Office's new Delivery Partnerships Framework 2 (DPF2) following the completion of the standstill period and signing of the DPF2 framework agreement. DPF2 is a four-year framework intended to support the development and delivery of future technology solutions across the full lifecycle of Met Office products & services. Made Tech was successful in all three lots for which it tendered, providing the Group with potential future contract wins as contracts are awarded over the four year term, broken down as follows: Lot 1 (Data), worth £9m, where it's one of three suppliers supporting the Met Office's strategic data platforms and wider ecosystem; Lot 3 (Secure Services), worth £12m, as one of three suppliers covering higher-security environments including defence-related activities; and Lot 4 (Applications), worth £47m, as one of five suppliers responsible for development, support and lifecycle management across a wide range of applications supporting Met Office products and services.
Pathos Communications 27.5p £18.3m (NEWS.L)
The PR technology business announced its unaudited interim results for the six months ended 30 June 2026. The company recorded double digit percentage growth in both revenue (up 14% to US$7.3m) and adjusted EBITDA (up 35% to US$1.7m). Cash receipts from customers was US$7.9m (H1 2025: US$ 4.3 million), an increase of over 80% demonstrating improved quality in the sources of revenue, while net cash was US$5.9m (30 June 2025: $0.8m; 31 December 2025: US$6.2m). The Board remains confident in the Company meeting, or being slightly ahead of full year market expectations, with Revenue of US$14.0m and Adjusted EBITDA of US$4.0m for FY26.
Reabold Resources 68p £9.9m (RBD.L)
The investing company focused on developing strategic gas projects for European energy security, confirmed that Rathlin Energy Ltd, operator of PEDL183 in East Yorkshire, which holds the West Newton natural gas field, has provided notice that the preparatory works for the planned recompletion, stimulation and testing programme at the West Newton A-2 well will commence shortly. The final engineering activities and contract awards currently underway, with the operator planning to install a new completion string and undertake a testing programme. The total gross programme cost is estimated at approximately £2.5m, excluding contingency; Reabold is funded following its equity placing earlier this year.
Steppe Cement 22.5p £49.3m (STCM.L)
The Malaysian-based investment company announced its unaudited interim results for the half year ended 30 June 2026. During the six-month period to 30 June 2026, the Company sold 978,950 tonnes of cement, generating consolidated turnover of KZT29,588m (approximately USD61.1m), compared with 850,424 tonnes and KZT20,717m (approximately USD40.9m) in H1 2025. Sales volume increased by 15% and turnover in KZT increased by 43%. The Group recorded a profit after tax of USD9.0m, compared with a loss of USD0.5m in H1 2025.
AQSE Market:
EPE Special Opportunities 213p £51.7m (AQSE:EO.P)
The Board of EPE Special Opportunities Limited announced the Company's Interim Report and Unaudited Financial Statements for the six months ended 31 July 2026. The Company has had an encouraging start to the financial year, marked by the successful sell down of Luceco plc, the disposal of Pharmacy2U and the extension and further issuance of unsecured loan notes. The macroeconomic backdrop has remained mixed during the first half of 2026, with geopolitical events weighing on market sentiment, particularly the ongoing conflict in the Middle East. The priority of the Board and the Investment Advisor has been to ensure that the portfolio is well positioned to adapt to evolving external conditions while continuing to execute its long-term value creation plans.
What’s baking in the oven?
Potential IPOs:***
5th August: 1947 Oil & Gas, the newly incorporated oil and gas production Company focused on acquiring, operating and growing a portfolio of producing assets in the US, announced its intention to IPO onto AIM. In connection with Admission, the Company has entered into a conditional agreement to acquire Renaissance Offshore, LLC, a privately held, Houston-based oil and gas production Company with interests in eleven fields located in the shallow-water Gulf of America. The Company is raising an updated amount of £40m and the expected market capitalisation of the Company on Admission will be £70m. Admission is expected to occur in mid-September, updated from an expected date of in August.
Dual List:***
18th August: Aimia Inc. (TSX: AIM; JSE: AII) the Canadian diversified conglomerate announced plans to dual list on AIM. It owns a selection of businesses which include: (i) an 100% interest in Cortland International Inc., a global designer, manufacturer and supplier of synthetic fiber ropes, nets, slings and tethers; a 10.85% indirect stake in Clear Media Limited, the largest operator of bus shelter advertising panels in China; and iii) the Company holds a portfolio of publicly listed securities amounting C$12m as of 30 June 2026. No capital is expected to be raised on Admission and deal details remain TBC. Expected first day of dealings 9th September.
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