1pm Plc (LON:OPM) (OPM, 0.05p, £1.66m), the specialist provider of lease asset finance to SMEs, has agreed a new block discounting facility of up to £0.5m. The new funding will enable the group to write new lease contracts to support further growth of the lease portfolio and sales. The new facility combined with the £0.8m of funding line recently announced is vital to enhance the growth of the business. The group now has sufficient funding available to take advantage of the improving market conditions. We reiterate our HOLD recommendation.

AFC Energy Plc (LON:AFC) (AFC, 61.75p, £107.04m) has published the positive conclusions of an independent technology review. It has confirmed the design, physical and chemical, including the metal electrode assemblies are capable of delivering the expected performance. With this to support the price we continue to recommend the shares as a Speculative Buy and are delighted the market is finally realising the attractions of the technology that is aimed at an existing industrial market for efficient hydrogen use as well as having the excitement of potentially being part of time shifting power – a key requirement for the variable source of green power. SPECULATIVE BUY  

Communisis (LON:CMS) (CMS, 26.75p, £37.08m) The group‘s contract with Barclays (LON:BARC) Banks has been renewed to December 2015. Communisis will continue to provide Barclays with a range of marketing services, print and print management from both its Intelligence driven Communications and Specialist Production and Sourcing business. The contract renewal highlights the strength of the service the group provide to Barclays at a competitive price. We reiterate our HOLD recommendation.

Cyan Hldgs Plc (LON:CYAN) Holdings (CYAN, 0.975p, £8.89m) has won an initial order for wireless monitoring and control of outdoor public lighting in India. The contract for 10,000 units represents just 10% of the customer’s installed base in a single project – so with that single client there is significant potential.  This is clearly good news  - what is not is the news that the group’s previously announced intention to raise £0.45m by a convertible loan note will not go ahead as it has failed to reach agreement on terms. Clearly this…

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