Trading Statement Update Q1 2016
-- Raised £100,500 in new equity -- First investment in
Sterling Craig-- Realigned investment focus towards the retail sector and menwear.
Review of Business and Key Developments:
During the period under review, the Company has kept costs at a minimum level with operating expenses for the period at £57,000. Net assets amounted to £14,000 with cash of £19,000.
The Company has realigned its investment focus towards the retail sector with a particular emphasis on menswear. In line with the new investment focus, the Company acquired a 25% stake in
The Directors are presently reviewing a number of investment opportunities and expects to raise additional funds in the near future to support working capital requirements and investment plans.
The directors of
For further information:
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ISDX CORPORATE ADVISER:
Telephone: +44 (0) 20 7448 9820