S&U PLC (LSE:SUS) has reported first-quarter trading ahead of budget and the prior year, with its motor finance arm Advantage Finance seeing transactions jump 63% year-on-year. The company is confident of achieving double-digit growth this year, with a securitisation project set to deliver lower-cost medium-term funding.
88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ) says its Augusta-1 well in Alaska remains on track for a Q1 2027 spud, targeting up to 133.7 million barrels of gross unrisked resources across three stacked reservoir intervals. A farm-out process is underway, with multiple parties said to be actively engaged in the data room.
Serval Resources PLC (LSE:SRVL) has completed a ground geophysics survey in Botswana that has identified the target copper-silver contact horizon in the southern portion of its PL061 licence. CEO Robin Birchall says the results provide a clear focus for future exploration in the Kalahari Copper Belt.
Shoe Zone PLC (AIM:SHOE) shares surged 29% after chairman Charles Smith and Anthony Smith spent a combined £1.38 million buying nearly 2.76 million shares at 50p each. The purchases lift the founding family's total stake to over 64%, sending a strong signal that they see the current valuation as significantly underestimating the business.
hVIVO PLC (AIM:HVO) is holding a capital markets day on 11 June in Canary Wharf, where it will showcase its evolution into a full-service early clinical development partner. Speakers include representatives from Boehringer Ingelheim and RA Capital, with case studies covering a drug development strategy that led to a $9 billion exit.
Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.
