Boston International Holdings PLC Publication of Annual Report (2226U)
March 27 2019 - 10:22AM
UK Regulatory
TIDMBIH
RNS Number : 2226U
Boston International Holdings PLC
27 March 2019
BOSTON INTERNATIONAL HOLDINGS PLC
("BIH" or "the Company")
Publication of Annual Report
Boston International Holdings plc announces that it has today
published its Annual Report and Financial Statements for the year
ended 31 December 2018 which are available to view on the Company's
website at https://www.bihplc.com/.
A copy of the Annual Report and Financial Statements has been
submitted to the National Storage Mechanism and will shortly be
available for inspection at www.morningstar.co.uk/uk/NSM.
Key Points
-- net loss before taxation of GBP424,977 (loss per share of 1.4p)
-- cash at 31 December 2018 of GBP421,286
-- continued progress of the proposed acquisition of Cornhill FX
Holdings Limited announced on 22 August 2017, currently expected to
complete during Q2 of 2019
Borden James, Chairman, commented:
"Whilst the proposed acquisition of Cornhill FX Holdings Limited
has taken longer to conclude than anticipated, the Board remains
hopeful that the transaction will complete and the shares will
recommence trading during the second quarter of 2019."
ENDS
BIH is a special purpose acquisition company ("SPAC") listed on
the standard segment of the official list, with shares traded on
the main market of the London Stock Exchange. BIH is seeking to
acquire a business operating in the foreign exchange ("FX") sector.
Following the acquisition, BIH intends to seek re-admission its
shares to the standard segment of the Official List.
Enquiries:
Cairn Financial Advisers LLP
Jo Turner / David Coffman
Tel: +44 20 7213 0880
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END
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