Your Partner for Growth, Hybridan

Hybridan

Your Partner for Growth

Our passion is raising growth capital for exciting, fast growth companies that want to take their business to the next level. We raise capital for companies both listed and unlisted in the most efficient manner possible and pride ourselves as being one of the few consistently profitable broking firms in the City. This has been achieved through a highly disciplined approach when seeking to create both corporate and institutional relationships.

Equity Bottom-Up

Personal Group Holdings / Equity Bottom-Up

<ul><li>This will delve a little deeper on individual companies and focus on non-house stocks under £200m market capitalisation to raise awareness 18th September 2026 Alphabetically arranged Share prices and market capitalisations taken from Alpha Terminal from the current price on the day of publication.</li><li>Top three shareholders are taken from the websites of the companies that we are writing about, unless there is a more up to date TR-1 notification RNS announcement.</li></ul>

This will delve a little deeper on individual companies and focus on non-house stocks under £200m market capitalisation to raise awareness 18th September 2026 Alphabetically arranged Share prices and market capitalisations taken from Alpha Terminal from the current price on the day of publication.Top three shareholders are taken from the websites of the companies that we are writing about, unless there is a more up to date TR-1 notification RNS announcement.

Personal Group Holdings Plc - Fridy Takeaway: 18th September 2026

<ul>
<li>The minerals exploration and development Company announced that GreenTech Metals Limited, an Australian listed business, in which Alien holds a stake of approximately 10%, has reported exceptional high-grade copper-gold-silver-zinc assay results from diamond drilling at its 100%-owned Whundo project in Western Australia.</li>
<li>The drilling was at the Ayshia deposit, and it was notable for the inclusion of a 3.44 metre intersection grading 9.43% copper - the highest-average-grade multi-metre copper intersection identified at Ayshia to date and one of the highest-grade copper intersections recorded across the broader Whundo Project.</li>
<li>The exploration program is designed to add to the existing Whundo mineral resource of 6.2m tonnes at 1.12% copper, and 1.04% zinc, with an updated Mineral Resource Estimate targeted for Q4 2026.</li>
</ul>


The minerals exploration and development Company announced that GreenTech Metals Limited, an Australian listed business, in which Alien holds a stake of approximately 10%, has reported exceptional high-grade copper-gold-silver-zinc assay results from diamond drilling at its 100%-owned Whundo project in Western Australia.
The drilling was at the Ayshia deposit, and it was notable for the inclusion of a 3.44 metre intersection grading 9.43% copper - the highest-average-grade multi-metre copper intersection identified at Ayshia to date and one of the highest-grade copper intersections recorded across the broader Whundo Project.
The exploration program is designed to add to the existing Whundo mineral resource of 6.2m tonnes at 1.12% copper, and 1.04% zinc, with an updated Mineral Resource Estimate targeted for Q4 2026.


Tribal Group plc - Hybridan Small Cap Feast: 14 September 2026

<ul>
<li>Acuity RM Group 0.90p £2.04m (ACRM.L) The software Group specialising in cyber-security for the defence sector which supplies the STREAM software platform for the Governance, Risk and Compliance market announced that it has won a contract to supply services to Sopra Steria, ultimately serving the British government.</li>
<li>The value of the services to be billed is £75k and the services will be delivered by end of August 2026.</li>
<li>This is an upsell for a highly sensitive cyber security programme adding automations and other functionality to an instance of Classic STREAM.</li>
</ul>


Acuity RM Group 0.90p £2.04m (ACRM.L) The software Group specialising in cyber-security for the defence sector which supplies the STREAM software platform for the Governance, Risk and Compliance market announced that it has won a contract to supply services to Sopra Steria, ultimately serving the British government.
The value of the services to be billed is £75k and the services will be delivered by end of August 2026.
This is an upsell for a highly sensitive cyber security programme adding automations and other functionality to an instance of Classic STREAM.


Hybridan Small Cap Feast: 24 February 2026

<ul>
<li>Agronomics 5.85p £60m (ANIC.L) The Isle of Man-based Investment firm announced an additional investment of AU$3m in its portfolio company, All G Co Holdings Pty Limited, an Australian biotech specialising in precision fermentation of human and bovine milk proteins, notably lactoferrin.</li>
<li>This technology enables the production of lactoferrin without the use of animals, supporting advancements in nutrition, sustainability, and health.</li>
<li>All G's lactoferrin is cost-effective and environmentally sustainable, suitable for applications in infant and clinical nutrition, functional foods, skincare, and animal nutrition. </li>
</ul>


Agronomics 5.85p £60m (ANIC.L) The Isle of Man-based Investment firm announced an additional investment of AU$3m in its portfolio company, All G Co Holdings Pty Limited, an Australian biotech specialising in precision fermentation of human and bovine milk proteins, notably lactoferrin.
This technology enables the production of lactoferrin without the use of animals, supporting advancements in nutrition, sustainability, and health.
All G's lactoferrin is cost-effective and environmentally sustainable, suitable for applications in infant and clinical nutrition, functional foods, skincare, and animal nutrition. 


Hybridan Small Cap Feast: 15 January 2026

Research from ACF Equity Research, ACF Equity Research

ACF Equity Research

Research from ACF Equity Research

Accuracy | Clarity | Foresight

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ACF Equity Research is an independent research house specialising in the highest specification independent equity research for corporate clients.

We deliver premium independent corporate sponsored equity research characterised by its accuracy, clarity and foresight based upon a fundamental valuation approach.

Our independent research is designed to educate our professional investor readers about your company, with an emphasis on clear and accurate explanations. Our mission is to improve company’s liquidity through credible equity research services, excellent international distribution and reliable access for investment managers.

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<ul><li>Blencowe Resources Plc (Standard: BRES.L) is positioned to become a globally significant, low-cost producer of battery-grade graphite, for energy storage (55%) and traditional secure cash flows (45%) markets.</li><li>Its flagship Ugandan Orom-Cross Graphite Project has an exceptional resource profile—long LoM, 6% TGC, free-dig ore, and low AISC scaling.</li><li>BRES.L’s DFS is at its end stage and pilot scale testing is completed.</li></ul>

Blencowe Resources Plc (Standard: BRES.L) is positioned to become a globally significant, low-cost producer of battery-grade graphite, for energy storage (55%) and traditional secure cash flows (45%) markets.Its flagship Ugandan Orom-Cross Graphite Project has an exceptional resource profile—long LoM, 6% TGC, free-dig ore, and low AISC scaling.BRES.L’s DFS is at its end stage and pilot scale testing is completed.

Blencowe Resources Plc (BRES.L) Core Investment Case 28052025

United Kingdom

Blencowe Resources is a UK-based mineral exploration and development company. The company primarily focuses on the Orom-Cross Graphite Project in Northern Uganda, which involves the exploration and potential production of high-quality flake graphite. Blencowe Resources was incorporated in 2017 and is headquartered in London, United Kingdom.

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Blencowe Resources (BRES LN)

Personal Group Holdings Plc - Fridy Takeaway: 18th September 2026

This will delve a little deeper on individual companies and focus on non-house stocks under £200m market capitalisation to raise awareness 18th...

Hybridan

Tribal Group plc - Hybridan Small Cap Feast: 14 September 2026

The exploration program is designed to add to the existing Whundo mineral resource of 6.2m tonnes at 1.12% copper, and 1.04% zinc, with an updated...

Hybridan

Hybridan Small Cap Feast: 24 February 2026

The software Group specialising in cyber-security for the defence sector which supplies the STREAM software platform for the Governance...

Hybridan

Hybridan Small Cap Feast: 15 January 2026

All G's lactoferrin is cost-effective and environmentally sustainable, suitable for applications in infant and clinical nutrition, functional...

Hybridan

Blencowe Resources Plc (BRES.L) Core Investment Case 28052025

Blencowe Resources Plc (Standard: BRES.L) is positioned to become a globally significant, low-cost producer of battery-grade graphite, for energy...

ACF Equity Research

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