31 May
2015
KYG394391158
Globe Capital Limited
("Globe Capital" or the
"Company")
Audited Annual
Results for the year ended 31 December
2015
Globe Capital Limited (ISDX: GCAP) is pleased to announce its
audited annual results for year ended 31
December 2015.
Chairman’s Statement
I am pleased to report the final audited results for the year
ended 31 December 2015 of Globe
Capital Limited (“the Company”).
Financial performance
The turnover for the year was nil (2014: nil) and the loss was
£129,184 (2014: £149,111). The loss per share was 0.17 pence (2014: 0.20
pence). In the past year, the Directors have kept
operational costs at a minimum.
Review of operations
2015 was a transitional year for the Company. The Company has
now realigned its investment focus towards the retail sector
with a particular emphasis on menswear. The recent investment in
Sterling Craig Ltd is the first stage in the Company’s future
plans.
The Company’s shares are traded on the ISDX Growth Market.
Board changes
During the year under review, David
Adamson Hirst left the Company. In January 2016, Wong Xinyan left the Company.
I would like to thank them both all for their past services to the
Company.
Future prospects
After the year end, in January
2016, the Company raised £100,500 in new equity. The
Directors are presently reviewing a number of investment
opportunities while speaking to new investors. I hope to
be able to give further news of these developments in the near
future.
David Barnett
Chairman
31 May 2016
The directors of Globe Capital Limited
accept responsibility for this announcement.
For further information:
Globe Capital Limited
Christopher Neo, Company Secretary
+44 (0)20 3286 6388
http://www.globecapitalltd.com/
ISDX CORPORATE ADVISER:
Alexander David Securities Limited
David Scott – Corporate Finance
James Dewhurst – Institutional
Sales
Telephone: +44 (0) 20 7448 9820
http://www.ad-securities.com
49 Queen Victoria Street,
London EC4N 4SA