Author: Fiona Craig

RC365 Holding plc’s (LSE:RCGH) subsidiary, Regal Crown Technology, has entered into a five-year strategic partnership with Hong Kong-based Blacksilver Trust to provide a comprehensive suite of fintech services. The agreement covers multi-currency business virtual accounts, secure API connectivity and the modernisation of Blacksilver’s trust management platform. The partnership also marks another commercial rollout of RC365’s recently soft-launched RC3.0 platform.

Work under the agreement will begin immediately, with RC365 set to receive recurring monthly SaaS revenue of US$5,000 per client for each service provided, subject to annual price increases. The contract also offers the potential for additional mandate-related fees. Management said the partnership represents an important commercial achievement, expanding the use of the RC3.0 platform, strengthening the company’s position in the regulated B2B financial services market and creating a growing base of recurring revenue.

RC365’s outlook continues to be affected by weak financial performance, including declining revenue, ongoing losses, elevated leverage and negative cash flow. Technical indicators also remain negative, with the shares trading below key moving averages and a bearish MACD reading. Valuation support remains limited due to the company’s negative earnings and the absence of a dividend.

More about RC365 Holding plc

RC365 Holding plc is a London-listed fintech and payment solutions provider serving customers across East and Southeast Asia through its subsidiaries Regal Crown Technology and HC Capital. The company offers payment gateway services, IT development and support for financial and enterprise resource planning systems, digital remittance, foreign exchange solutions and asset-linked credit card products for multinational businesses, SMEs and individual customers. It also plans to expand into virtual banking services and European markets.

80 Mile PLC (LSE:80M) has strengthened the leadership of its Greenland joint venture by appointing executive director Roderick McIllree as managing director of Greenland Energy Company. The joint venture is financing a planned US$70 million drilling programme at the Jameson Land Basin in East Greenland. The appointment comes as the company advances preparations for exploration across its diversified portfolio of hydrocarbons, critical minerals, industrial gas and renewable fuels.

The company said the leadership change enhances governance within the joint venture while confirming that its subsidiary, White Flame Energy, will continue to oversee permitting and regulatory engagement. The revised structure is intended to support preparations for a two-well exploration campaign scheduled for 2026 and reinforces 80 Mile’s long-term commitment to responsible resource development in Greenland.

80 Mile’s outlook remains constrained by weak financial performance, with the company continuing to operate without revenue while reporting widening losses and ongoing cash burn, increasing funding and potential dilution risks despite maintaining relatively low debt. Technical indicators remain favourable, supported by a strong upward trend and positive momentum, although overbought conditions suggest the potential for near-term volatility. Valuation remains difficult to assess due to negative earnings and the absence of a dividend.

More about 80 Mile PLC

80 Mile PLC is an exploration and development company with operations focused on hydrocarbons and high-grade critical minerals in Greenland, alongside industrial gas and biofuels assets in Italy. Listed in London, Frankfurt and on the US OTC market, the company provides exposure to oil and gas, base and precious metals, as well as sustainable fuels and clean energy projects across established mining and energy jurisdictions.

Its principal assets include the Jameson Land Basin in East Greenland, regarded as one of the world’s largest undeveloped gas and liquids-rich basins, and the Disko-Nuussuaq copper, nickel and cobalt project in West Greenland. The company also owns the high-grade Dundas ilmenite project and the Greenswitch Ferrandina Plant in Italy, which is being developed to produce biofuels and sustainable aviation fuel for the European energy market.

Clean Power Hydrogen plc (LSE:CPH2) has published its 2025 Annual Report and distributed it to shareholders, providing updated financial and operational details on the group’s green hydrogen technology business. The report outlines the company’s ongoing efforts to commercialise its patented hydrogen and oxygen production systems while maintaining transparency with investors on its strategic progress.

The company has also announced that its 2026 Annual General Meeting will take place in London on 31 July 2026. Full details of the meeting have been made available in the AGM notice published on the company’s website. The annual meeting will give shareholders the opportunity to engage with the board, review the group’s strategy and vote on key corporate resolutions as part of its ongoing governance process.

Clean Power Hydrogen’s outlook continues to be constrained by weak financial performance, including minimal revenue, widening losses, significant cash burn and a substantially reduced equity base. Technical indicators remain moderately positive, with the shares maintaining an upward trend and positive momentum, although an elevated Relative Strength Index (RSI) suggests the potential for a short-term pullback. Valuation remains difficult to assess given the company’s ongoing losses and the absence of a dividend.

More about Clean Power Hydrogen plc

Clean Power Hydrogen plc is a UK-based developer of green hydrogen technologies focused on innovative hydrogen and oxygen production systems. Through its portfolio of patented technologies, the company aims to reduce the lifetime cost of hydrogen production for electrolysis, decentralised energy applications and other low-carbon energy markets. The business is listed on AIM under the ticker CPH2.

Following more than a decade of research and product development, Clean Power Hydrogen is seeking to position its technology at the forefront of the global energy transition. Its solutions are designed to help industrial and energy-sector customers deploy scalable, cost-effective green hydrogen production systems in support of decarbonisation initiatives.

CT Automotive Group (LSE:CTA) has granted options over 2,077,108 ordinary shares to its Chief Executive Officer, Chief Commercial Officer and Chief Operating Officer under its Executive Long Term Incentive Plan. The awards are scheduled to vest in June 2029 and are subject to demanding performance targets based on earnings per share, revenue growth and absolute total shareholder return. The company said the incentive structure was finalised following consultation with major shareholders.

In addition, CT Automotive has awarded 311,925 share options to seven senior managers under a separate incentive plan. These options carry a three-year vesting period but are not subject to performance conditions. Following both grants, total outstanding options will represent approximately 5.8% of the company’s issued share capital, or around 3.9% excluding awards that are not expected to vest. Management said the schemes are designed to strengthen the alignment between executive rewards and shareholder value creation.

CT Automotive’s outlook is supported by an attractive valuation, with the shares trading on a price-to-earnings ratio of around 4.36, alongside positive technical momentum reflected by the share price remaining above key moving averages. These strengths are balanced by concerns over financial quality, including volatile cash flow during 2025 and inconsistent revenue trends, despite improvements in profitability and the company’s balance sheet.

More about CT Automotive Group Plc

CT Automotive Group is a leading designer, developer and supplier of interior components for the global automotive industry. The company provides a broad range of interior systems to vehicle manufacturers worldwide, operating as a specialised Tier 1 and Tier 2 supplier within the automotive supply chain.

Ilika plc (LSE:IKA) has launched a retail share offer through the BookBuild platform to raise up to £0.5 million by issuing as many as 1,785,714 new ordinary shares at 28 pence each. The offer follows the company’s previously announced £4.56 million placing and director subscription at the same issue price. Together, the fundraising will finance the commercial rollout and production scale-up of Ilika’s Stereax solid-state micro-batteries while advancing its Goliath large-format battery programme towards future licensing agreements, supporting the transition of both technologies into revenue-generating phases.

Up to £2 million of the proceeds will be directed towards the Stereax business, including product optimisation with Cirtec Medical, testing and validation of the M300 battery, and the commencement of royalty payments. A further £3 million is expected to fund the Goliath programme through prototype refinement, production optimisation, equipment purchases, product testing and the delivery of a minimum viable 10Ah battery. The retail offer, managed by Cavendish and Yellowstone and open to existing UK shareholders, is expected to see the new shares admitted to AIM on 9 July 2026, reinforcing the company’s commitment to its retail investor base.

Ilika’s outlook continues to be affected by weak financial performance, including declining revenue, ongoing losses and negative operating and free cash flow. However, strong technical momentum and progress towards commercialisation provide some encouragement. Recent updates on product development and commercial milestones offer additional support, although continued cash burn, uncertainty around the timing of licensing agreements, and the absence of earnings or dividend payments remain key considerations for investors.

More about Ilika plc

Ilika plc is a UK-based advanced materials company specialising in solid-state battery technology. The business is developing two core product platforms: Stereax micro-batteries for applications including medical devices and industrial electronics, and Goliath large-format batteries designed for higher-capacity energy storage markets. Its strategy focuses on commercial deployment and licensing partnerships to accelerate the adoption of its battery technologies.

Richmond Hill Resources (LSE:RHR) has commenced a five-day field programme at its Martello Project, with exploration activities focused on the New Church Lake, Sakoose and Maw prospects. The campaign is designed to verify previously identified mineralised zones, assess the geological and structural framework of the targets, and collect selected samples from key gold-bearing outcrops.

The work is expected to confirm and potentially improve on historical gold grades while generating fresh assay data and providing a clearer understanding of the structural relationship between the Sakoose and Maw prospects. The results will be used to refine Richmond Hill’s geological model for the Martello Project and help shape the next stage of exploration, with Sakoose remaining the company’s highest-priority target.

More about Richmond Hill Resources Plc

Richmond Hill Resources Plc is a mineral exploration company focused on the discovery and development of gold assets, including its flagship Martello Project. The company combines the evaluation of historically identified mineralised zones with modern exploration techniques, including 3D magnetic modelling, to identify, prioritise and refine prospective gold targets.

Cobra Resources Plc (LSE:COBR) has appointed experienced mining executive Stephen McIntosh as its Strategic & Technical Advisor to support the advancement of its heavy rare earth in-situ recovery project and accelerate exploration activities at the Manna Hill Copper Project in South Australia. McIntosh brings almost 40 years of international mining experience, including senior leadership positions at Rio Tinto, where he oversaw exploration, project studies, mine development and technical innovation.

In addition to his previous executive roles, McIntosh currently advises EMR Capital, Chalice Mining and several other resource-focused organisations, providing expertise in project development and critical minerals. Cobra believes his appointment will strengthen the company’s technical capabilities as it progresses its rare earth and copper projects, helping to reduce development risk while supporting commercial strategy and long-term value creation.

Cobra’s outlook continues to be shaped by the challenges of being a pre-revenue explorer, with ongoing operating losses and sustained cash outflows despite maintaining a debt-free balance sheet. Technical indicators remain broadly neutral, showing only modest positive momentum, while valuation measures are constrained by a negative price-to-earnings ratio and the absence of dividend support.

More about Cobra Resources Plc

Cobra Resources Plc is a South Australia-focused critical minerals exploration and development company working to advance its projects towards production. Its portfolio includes the Boland ionic rare earth discovery within the Wudinna Project, recognised as Australia’s only rare earth project suitable for in-situ recovery mining, alongside the Manna Hill Copper Project, which contains several underexplored targets with significant copper discovery potential.

The company has increasingly focused on critical minerals following the 2025 sale of its Wudinna gold assets to Barton Gold for up to A$15 million in cash and shares. By combining low-cost, low-impact in-situ recovery technology for rare earths with copper exploration across the Nackara Arc, Cobra aims to strengthen its position within supply chains supporting the global energy transition and advanced technologies.

Funding Circle (LSE:FCH) has named technology executive Tamsin Todd as an independent non-executive director, with her appointment taking effect on 13 July 2026. She will also join the company’s remuneration and audit committees. Todd brings extensive experience from leadership roles at Findmypast, TUI Group, Betfair, Microsoft and Amazon, alongside her current non-executive positions at The Gym Group and Auction Technology Group. Her appointment is expected to strengthen Funding Circle’s technology-driven lending platform and support its expanding range of SME financial products.

The company also announced that long-standing non-executive director and early investor Neil Rimer will retire from the board on 30 September 2026 as part of a planned governance transition designed to support the next stage of the group’s growth. Funding Circle highlighted Rimer’s 15 years of service, during which lending increased from less than £12 million to more than £17 billion, describing the board changes as a balance between continuity and fresh expertise as the business continues to expand in the SME finance market.

More about Funding Circle Holdings

Funding Circle Holdings, listed on the London Stock Exchange under the ticker FCH, is one of the UK’s leading finance platforms for small and medium-sized businesses. Since 2010, it has provided more than £17 billion in funding to over 125,000 UK SMEs. The company combines proprietary AI-driven credit models with human underwriting expertise to offer borrowing, payments and spending solutions through a single platform, while also giving institutional investors access to the SME lending market.

Crimson Tide (LSE:TIDE) has signed a 12-month extension to its agreement with Cadent Gas, the UK’s largest gas distribution network, extending the partnership until 30 September 2027. The renewed contract will generate annual recurring revenue of £486,000, a 4% increase from the previous agreement, reflecting the continued importance of the company’s mpro5 platform within Cadent’s operations.

The company said the latest renewal demonstrates the mission-critical role that mpro5 plays in supporting complex enterprise environments while reinforcing its long-standing relationship with a major customer. Management believes the extension highlights the effectiveness of Crimson Tide’s customer retention strategy, strengthening its recurring revenue base and providing a solid foundation for future growth for both the business and its shareholders.

Crimson Tide’s outlook remains influenced by recent financial challenges, including lower revenue and profitability. However, improving technical indicators, combined with strategic developments such as contract renewals and a return to profitability, offer encouraging signs. Valuation metrics remain constrained by negative earnings and the absence of a dividend.

More about Crimson Tide

Crimson Tide plc is a UK-based AIM-listed technology company that develops the mpro5 operational compliance platform. Its software enables large organisations to manage operational, regulatory and compliance processes more efficiently, providing mission-critical, subscription-based SaaS solutions for businesses operating in infrastructure and other complex industries.

Marks Electrical Group (LSE:MRK), a UK online retailer specialising in major domestic appliances and consumer electronics, offers a broad selection of branded household products through its markselectrical.co.uk platform. The business operates a vertically integrated, cost-efficient model, using its own fleet of branded vehicles and in-house delivery teams to provide delivery, installation and recycling services across the country.

The company has confirmed that Chief Financial Officer Tom Pallatt intends to leave the business, with the recruitment process for his replacement already in progress. Pallatt will remain with Marks Electrical during the transition to support a smooth handover. The planned leadership change comes as the retailer continues expanding its nationwide footprint, with investors likely to focus on maintaining stability in the company’s financial strategy while the board appoints a new finance chief.

Marks Electrical’s outlook continues to be shaped by weakening fundamentals, including ongoing losses and declining cash flow, alongside bearish technical indicators such as trading below key moving averages and a negative MACD reading. Valuation signals remain mixed, with the dividend yield offering some support despite a negative price-to-earnings ratio reflecting the company’s current lack of profitability.

More about Marks Electrical Group Plc

Marks Electrical Group is a UK-based, technology-led e-commerce retailer specialising in household electrical products across the major domestic appliances and consumer electronics sectors. Established in Leicester in 1987, the company has grown into a nationwide online retailer offering more than 4,500 products from over 50 brands. Its vertically integrated logistics network includes delivery, installation and recycling services, supporting its customer-focused operating model.