Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps DP POLAND, a new firm that has secured the Polish franchise for major pizza delivery brand Domino's Pizza Inc. (DPZ), Wednesday said it plans to raise GBP6.5 million when it joins London's junior Alternative Investment Market July 28. Domino's Pizza doesn't currently have any operations in Poland and so DP Poland plans to roll out Domino's Pizza stores predominantly in Warsaw and hopes to have opened at least 27 owned stores by the end of 2012 and over 50 in the next four to five years. ENTERTAINMENT ONE LTD. (ETO.LN), an independent film and television producer, announced a 16.7% rise in first-quarter sales, boosted by the release of the latest Twilight Saga movie, and said it continues to size up acquisition opportunities to enter new territories. At 1033 GMT, shares +3 pence, or 3.8%, at 81.5 pence. FAIRPOINT GROUP PLC (FRP.LN), a consumer debt advisor, said it expects to get around a third of its group revenue from "value-added services" by the end of 2010, Chief Executive Chris Moat said, as the company looks to increase customer numbers by offering more money-saving products. Since last year Fairpoint has been offering "value-added services" such as utility switching and pre-paid cards offered to financially distressed customers that called its helpline. At 1033 GMT, shares flat at 76.25 pence. EREDENE CAPITAL PLC (ERE.LN), an investor in infrastructure, will likely return to market in the medium term to raise some cash for its investment in a landmark container terminal project, Chief Executive Alastair King said. "We have no enormous need as for the first draw-down [for Ennore], we need GBP5.4 million over the course of the next 18 months," he said. At 1034 GMT, shares +0.5 pence, or 2.5%, at 20.5 pence. WEST PIONEER PROPERTIES LTD. (WPR.LN), an Indian property developer, now expects to make $17 million profit from the three residential tower blocks it is developing near Mumbai given rising house prices, Chief Executive Ajay Gupta said. The company last summer entered the residential market in Kalyan, a suburb of Mumbai, with plans to develop three tower blocks called Metro Residency. It originally expected to make $4 million profit from each tower but this has since risen. At 1034 GMT, shares +0.5 pence, or 2.4%, at 21 pence. ZETAR PLC (ZTR.LN), a U.K. confectionery and snack foods company, said it expects to make some small bolt-on acquisitions this year, although if it had sufficient funds it would set its sights on bigger deals further afield. "We do have some potential partners particularly in Europe that we would look to do something with but unless there's easier access to equity then it's unlikely," Chief Executive Officer Ian Blackburn said. At 1034 GMT, shares +4.5 pence, or 2.1%, at 216.5 pence. RM PLC (RM.LN) said it has secured a GBP29 million Building Schools for the Future, or BSF, contract, just two weeks after it said GBP200 million of future revenue is under threat from cuts to schools spending by the U.K. government. At 1035 GMT, shares flat at 143.5 pence. SSL INTERNATIONAL PLC (SSL.LN), the maker of Durex condoms, said it agreed terms for a GBP2.54 billion takeover by household products maker Reckitt Benckiser Group PLC (RB.LN). Reckitt Benckiser's offer represents a premium of 32.8% to SSL's closing price Tuesday and is four times SSL's share price five years ago, according to SSL Chairman Gerald Corbett. Reckitt said the acquisition of SSL would add Durex condoms and Scholl footcare products to its stable of "Powerbrands" and will immediately boost earnings. At 1035 GMT, shares +295 pence, or 33%, at 1,177 pence. DOMINION PETROLEUM LTD. (DPL.LN), an oil and gas explorer, said it didn't find any oil or gas at an exploration well in Uganda. The company said the Ngaji-1 well at Lake Edward Graben was drilled to 1,765 meters. No hydrocarbons were found, Dominion said. At 1035 GMT, shares -2.18 pence, or 39%, at 3.45 pence. BLACKS LEISURE GROUP PLC (BSLA.LN), a retailer of outdoor clothing and equipment, reported a 30% year-on-year fall in sales for the 17 weeks to the end of June, with particularly tough trading in May, but said it is encouraged by an improved performance of its newly-opened stores. At 1036 GMT, shares -2.5 pence, or 6%, at 39 pence. DJ UK Smaller Cos +0.5% AIM +0.5% -By Rachael Gormley, Jason Douglas & Hannah Benjamin, Dow Jones Newswires; +44 (0) 20 7842 9272; uksmallcaps@dowjones.com (END) Dow Jones Newswires July 21, 2010 07:30 ET (11:30 GMT)
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