30 March 2021 - final results

The AIM-listed investing company has announced results for the year ended 30 November 2020.  Given subsequent events these are quite irrelevant as at the reporting date the company only held a 49% share in Marcelos Limited.  A statutory loss of £7.9m was recorded.  A few days after the year end, on 9 December, a Placing and Subscription brought in £9m and an Open Offer an additional £7m.  This raised a total of £14.5m net of expenses.  At the same time it was announced that the company had entered into an agreement with . . .

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