Small Caps Round-up: Castings, Natasa, London & Stamford

16th Aug 2011 12:27

Foundry group Castings has announced that the first three months of trading have been "very encouraging" and ahead of expectations. The company said: "We have no indication from our major customers of reductions in demand, however it is still too early to know how the current economic problems will affect us." The Grand Court of the Cayman Islands has confirmed a capital repayment of 35 cents per share to Natasa Mining shareholders can go ahead. The group expects that the payment to shareholders will be completed prior to the end of August 2011. London & Stamford Property has completed the acquisition of the distribution unit in Harlow let to Tesco Stores following the company's announcement two weeks ago. NR