UK SMALLCAP ROUNDUP:Uniq Mulls Capital Increase To Fix Pension

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 UNIQ PLC (UNIQ.LN), a maker of chilled convenience food and sandwiches, Thursday said it will consider raising capital if it can't reach a deal to plug a hole in its pension scheme. The U.K.'s Pensions Regulator turned down its proposals to tackle its retirement fund's finances earlier this week. At 0806 GMT, shares +0.25 pence or 2.5% at 10.25 pence. FAROE PETROLEUM PLC (FPM.LN), an oil and gas explorer, said it struck oil at an exploration well in the Norwegian North Sea. Faroe said an initial analysis of the Maria prospect indicates between 75 million and 155 million barrels of oil equivalent could be recovered. At 0806 GMT, shares +32 pence or 25% at 161 pence. DEVELOPMENT SECURITIES PLC (DSC.LN), a real estate investor, announced a fully underwritten share issue to raise around GBP100.2 million through a placing and rights issue, as it looks to take advantage of several potential development schemes in central London and beyond. At 0806 GMT, shares -14 pence or 5.1% at 260 pence. GOLDPLAT PLC (GDP.LN), a gold producer, said authorities in Kenya approved its submission to begin mining operations at Kilimapesa Hill. The company said it is now only waiting for the formality of receiving a mining right number from officials. At 0806 GMT, shares +1 pence or 12% at 9.38 pence. KARELIAN DIAMOND RESOURCES PLC (KDR.LN), an Irish diamond explorer, said Rio Tinto PLC (RIO.LN) has agreed to supply it with secret exploration data about Finland in exchange for an option to take a 51% stake in any discovery Karelian makes there. At 0807 GMT, shares more than double to 3 pence. RESACA EXPLOITATION INC. (RSOX), a U.S.-based oil and gas company, said a planned merger with peer Cano Petroleum Inc. (CFW) has been called off. Alternative Investment Market-listed Resaca said Cano said it didn't want to go ahead with the deal after more than a year of talks. Resaca Chairman J.P. Bryan said the proposed transaction failed due to long delays with registration statements for the U.S. Securities and Exchange Commission, difficult equity markets and a failed share sale. At 0807 GMT, shares -7.5 pence or 4.1% at 175 pence. SHANKS GROUP PLC (SKS.LN), a waste management company, said returns from its investment program and improving margins on private finance initiative, or PFI, projects, offset declines in its 2011 fiscal-year first quarter. At 0807 GMT, shares +1.1 pence or 1.1% at 103.1 pence. GOINDUSTRY-DOVEBID PLC (GOI.LN), an auction services firm, said it expects to swing to a first-half adjusted pretax profit, as trading is "significantly ahead" of a year earlier due to improved sales from its large corporate clients. At 0808 GMT, shares +1.5 pence or 2% at 75 pence. LONDON MINING PLC (LOND.OS), a developer of iron ore and coal mines for the steel industry, said it agreed to cut its stake in the Wadi Sawawin iron ore project in Saudi Arabia in exchange for being released from funding it. At 0808 GMT, London-traded shares +1 pence or 0.4% at 253 pence. JAPAN LEISURE HOTELS LTD. (JPLH.LN), an investor in short-stay "love hotels" in Japan, said Thursday 2010 revenue and earnings before interest, taxes, depreciation and amortization will be below current market expectations due to aggressive price competition in the market and the closure of one of its hotels for refurbishment for most of the first half. At 0808 GMT, shares -4.5 pence or 11% at 37 pence. AFRICAN CONSOLIDATED RESOURCES PLC (AFCR.LN), a minerals explorer, said its Blue Rock project in Zimbabwe has been estimated to contain 270,000 troy ounces of gold, taking its total gold resource to more than 1 million ounces. At 0809 GMT, shares +0.5 pence or 6.1% at 8.75 pence. DRAGON OIL PLC (DRS.DB), an oil and gas company, said first-half production at 46,420 barrels of oil a day was below its expectations, but added that it expects to achieve an annual production growth of 10%-15% between 2010 and 2012. At 0809 GMT, shares -0.14 cents or 2.7% at EUR5.07. INTERNATIONAL PERSONAL FINANCE PLC (IPF.LN), a door-to-door lender, increased its interim dividend 10% after first-half pretax profit surged to GBP36.9 million on growing customer numbers and profitability in all of its markets. At 0810 GMT, shares -4.1 pence or 2% at 199.7 pence. DJ UK Smaller Cos +0.16% AIM -0.04% -By Jason Douglas, Hannah Benjamin and Rachael Gormley, Dow Jones Newswires; +44 (0) 20 7842 9272; uksmallcaps@dowjones.com (END) Dow Jones Newswires July 22, 2010 04:30 ET (08:30 GMT)