Daily Roundup

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Alcidion Lands Major NHS Contract

Healthcare software company Alcidion Group has secured a significant 7-year deal with University Hospitals Sussex NHS Foundation Trust to roll out its Miya Precision Electronic Patient Record platform. The contract is valued at approximately $35 million, with options to extend to 10 years and potentially reach $49 million. Implementation kicks off immediately, with the first phase expected to go live in June 2027. The company anticipates recognizing around $8.5 million in revenue during FY26, primarily from an upfront license fee. As the rollout progresses, there's potential for further expansion into additional modules, which could push the total contract value even higher.

Service Stream Bolsters Portfolio with RIE Group Acquisition

Service Stream Limited is moving forward with the acquisition of RIE Group, a specialized high-voltage electrical and instrumentation business serving the oil and gas, power generation, and renewable sectors. The initial payment sits at $6.5 million, with an additional $1.5 million potentially due if the business hits certain financial performance targets. RIE currently generates roughly $13 million in annual revenue and employs between 60 and 120 people. The deal is expected to close around August 2026 and should help Service Stream expand its geographical reach while strengthening relationships with major asset owners.

Forrestania Secures Newington Gold Project

Forrestania Resources has locked in a binding agreement to acquire 100% of Midas Minerals (Newington) Pty Ltd, gaining access to a strategic package of 10 granted mining and exploration tenements in Western Australia's Newington district. The upfront consideration of $1.5 million will be paid through Forrestania shares, helping preserve cash for near-term operations. Additional payments will only kick in if the project hits specific resource growth and development milestones, ensuring the vendor's interests align with shareholder value creation.

Charter Hall Raises Earnings Outlook

Charter Hall Group has upgraded its FY26 operating earnings per security guidance from 100.0 cents to 103.0 cents, representing a 26.5% jump from the prior year. The boost comes on the back of impressive institutional capital momentum, with $6.5 billion in gross equity inflows year-to-date. The company's Property Funds Management arm now oversees $74.72 billion in assets under management. Management expects this capital inflow trajectory to continue, with sustained earnings growth particularly in commercial real estate.

Anteris Technologies Opens Door to $250 Million Equity Raise

Anteris Technologies has filed a prospectus supplement with the SEC to establish an "at-the-market" equity offering, allowing the company to sell up to $250 million in shares through TD Securities. The structural heart company's lead product, the DurAVR Transcatheter Heart Valve System, is designed to treat aortic stenosis by offering a single-piece, biomimetic valve that aims to replicate the performance of a healthy human aortic valve. TD Cowen will serve as the sales agent and receive 3.0% of gross proceeds from any shares sold under the agreement.