Tate & Lyle PLC agreed to a recommended £2.8bn cash acquisition by Ingredion Incorporated. Shareholders will receive 595p per share plus up to 20p in permitted dividends, representing a 64.0% headline premium to the undisturbed price.
Fattal Hotels Ltd clarified its non-binding £22.00 per share cash proposal for PPHE Hotel Group. The offer represents a 47% premium to the unaffected price of 1,500p. Fattal clarified the bidding entity and confirmed price floors under Takeover Code rules.
Mpac Group warned that FY 2026 underlying profit will be substantially below market expectations due to pricing pressure and delayed customer decisions. Separately, it agreed to sell its Lambert subsidiary for up to £20m to significantly reduce net debt.
Pebble Beach Systems Group plc proposed a capital reduction to create £4.4m in distributable reserves, enabling future dividends. Trading in the first five months of 2026 remained in line with management's expectations following encouraging Q1 activity.
Wickes Group Plc completed its £10m share buyback programme, repurchasing approximately 5.1m shares for cancellation. The programme concluded on 5 June 2026 following the repurchase of about 2.2% of the company's issued share capital.
On the Beach Group plc announced a share buyback programme for up to £10m. The programme commences today and is scheduled to end by 31 December 2026. All purchased shares will be cancelled.
Helical plc launched a £5m share buyback programme to return surplus capital to shareholders. The programme commences immediately and will run until 30 September 2026 or until completion.
Pharos Energy plc received $12.6m year-to-date, clearing its Egyptian receivables balance for the first time since 2019. Drilling has restarted with a six-well programme in Egypt, with the first well spudded on 4 June 2026. The company remains on track for an $11m capital investment plan.
Macquarie Bank Limited has published its AUD 15bn base prospectus for the MBL Covered Bond Programme. The document was approved by the Financial Conduct Authority and is now available for inspection through the National Storage Mechanism.
Avation PLC delivered an ATR aircraft to Cambodia Airways on a 12-year lease. The delivery marks a new customer relationship and brings the company's total unencumbered aircraft count to nine.
Powerhouse Energy Group joined the JUST-CIRCLE Horizon Europe project consortium led by Brunel University. The company expects to receive c.£225k for the utilisation of its technology in the 70% grant-funded sustainability research initiative.
Neo Energy Metals plc has suspended CFO De Wet Schutte following allegations of potential misconduct. Martin Westerman was appointed to manage the financial function with immediate effect while an investigation is conducted. The board stated the company's financial position is not impacted.
Aptamer Group plc has contracted an upfront fee to develop rapid testing kits for folic acid in fortified foods with Imperial College London. Supported by the Gates Foundation, the program uses proprietary Optimer binders for field-deployable monitoring in lower-income countries.
Revolution Beauty entered a royalty-based licensing agreement with Debenhams Group to develop beauty and fragrance products for brands including PrettyLittleThing and boohooMAN. First collections are expected to launch ahead of Christmas 2026.
Balfour Beatty announced the formal conclusion of the US Department of Justice mandated independent compliance monitorship for its US military housing subsidiary. The monitorship ended on 6 June 2026 following a governance improvement programme.
Update on Longonjo Mine Development, Downstream and Offtake
Pensana's $250m Longonjo mine in Angola is on budget and 22% complete, targeting 2027 commissioning. MOUs for 20,000 tonnes of annual production cover 100% of initial capacity. A Heavy Rare Earth upgrade targets 122 tonnes of annual production.
IXICO expanded its Scientific Advisory Board with three global experts in Alzheimer's and Parkinson's disease. The company also entered a research collaboration with the Paris Brain Institute and joined The Michael J. Fox Foundation's MRI Advisory Committee.
Beeks signed its first Market Edge Intelligence contract with a major global bank. The five-year deal is worth $4.8m and supports the Board's FY26 expectations.
Cora Gold initiated a 12,000-metre drill programme at its flagship Sanankoro Gold Project in Mali. The campaign aims to expand the existing 1,044 koz resource and extend the 10.2-year mine life. The programme is fully funded following successful H1 2026 financing.
Oriole Resources completed a 2,476.80m step-out drilling programme at the Mbe gold project in Cameroon. Intersections included 27.20m at 1.69g/t gold. Results for five final holes are expected in June 2026 ahead of an updated resource estimate in early Q3-2026.
MTI Wireless Edge Ltd announced that its subsidiary's contract with the Israeli Ministry of Defence doubled in value to approximately US$4.5m. The order for communications infrastructure, previously valued at US$2.2m, is scheduled for completion by the end of Q1 2027.
Bradda Head Lithium subsidiary Zenolith has joined the US Defense Industrial Base Consortium (DIBC). Membership facilitates collaboration with US government agencies and industry leaders to secure domestic supply chains for critical minerals, including lithium.
Debenhams Group entered a royalty-based licensing partnership with Revolution Beauty to develop fragrance and beauty products. First collections for brands including PrettyLittleThing and Karen Millen are expected to launch ahead of Christmas 2026.
Mila Resources reported high-grade gold intercepts at the Yarrol project, including 3m at 2.5g/t and 29m at 0.74g/t Au. Results confirm continuity beyond the historic footprint. The company is transitioning to resource evaluation with the next drilling stage planned for August 2026.
Premier African Minerals said ore processing has commenced at the Zulu project's newly installed flotation plant. Management described initial observations as positive and noted the plant is operating as expected.
RC365 Holding plc soft launched its RC3.0 mobile application, introducing Banking Virtual Account services and a merchant POS ecosystem. This upgrade to its flagship platform supports digital currency payments and targets a full commercial rollout in June 2026.
Union Jack Oil plc entered a 24-month facility agreement secured against its 40% interest in the Wressle oilfield. The loan carries a 5% annual interest rate, with 60% of Wressle's operating free cash flow dedicated to monthly repayment.
Jangada Mines started a Phase 2 exploration program at the Molly Gold Project in Brazil. The fully-funded campaign includes diamond drilling and geophysical surveys to expand the current 130,000 oz gold resource.
FCA Approves Stanford Capital Partners Change in Control
Financial Conduct Authority (FCA) approved the change in control of Stanford Capital Partners Limited. This approval was a key condition for the proposed acquisitions announced on 3 June 2026.
Tertiary Minerals will begin its largest ever Zambian drill programme within the next fortnight. The 4,000m RC campaign aims to define a maiden Mineral Resource Estimate for Target A1 by year-end.
Ninety One Guernsey Employee Benefit Trust acquired 3,636,355 ordinary shares off-market for £7.99m. The notification follows JSE Listings Requirements to ensure compliance for the company's dual-listed structure.
The Ninety One South Africa Employee Benefit Trust acquired 961,722 ordinary shares off-market for R44.2m on 4 June 2026 at an average price of R45.96.
GENinCode reported 14% revenue growth to £3.1m for 2025, driven by US and EU volume. Adjusted EBITDA loss widened to £4.9m due to commercial expansion. Cash was £0.8m at year-end, subsequently replenished by a £4.7m post-period fundraise.
Unicorn Mineral Resources Plc expects to complete the acquisition of a controlling stake in the Klein Aub copper mine by the end of June 2026. A corporate reorganisation of the vendor's group delayed the initial weeks of legal documentation drafting, but the work is now well advanced. In parallel, the Company is working to identify the optimal extraction process for the 5.5m tonne tailings facility at Klein Aub.
Henry Boot's land promotion business, Hallam Land, completed the sale of 416 residential plots in Bedfordshire to Persimmon. The disposal generated an ungeared internal rate of return (IRR) of 16.9% per annum and supports the group's 2026 financial performance.
BRCK Group PLC will acquire H.S. Jackson & Son for an initial £15.0 million plus £4.9 million for freehold property. The transaction includes up to £11 million in deferred consideration. Jacksons generated £40.9 million revenue and £4.2 million EBITDA in fiscal 2025.
Zenith Energy acquired a 5 megawatt peak (MWp) solar project in Rome for €440,000, increasing its total Italian pipeline to 188.5 MWp. This brings the company to 94% of its 200 MWp target for the end of 2026.
Smiths Group plc appointed Laurence Mulliez as an independent Non-executive Director, effective 1 September 2026. She brings energy and industrial expertise from previous roles including CEO of Castrol Industrial Lubricants and Non-executive Director of Siemens Energy AG.
Helix Exploration agreed to acquire Treasure State Drilling LLC for US$600,000, paid entirely in new ordinary shares. The acquisition secures Helix's rig package for the Rudyard project, gives the company complete control over rig access, and represents a 37% discount to the independent appraised value of US$955,900.
Total Graphite launched a portfolio optimisation programme and received an expression of interest for certain assets. Chairman Mark Rollins and Michael Lynch-Bell stepped down. CFO Thomas Hill joins the board as Finance Director alongside new director Andrew Wright.