REG - Caledonian Holdings - Quarterly Shareholder Update

Caledonian HoldingsAnnouncement

30/07/2025 07:00

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RNS Number : 0748T  Caledonian Holdings PLC  30 July 2025

30 July 2025

Caledonian Holdings plc

("Caledonian Holdings" or "the Company")

 

Quarterly Shareholder Update

 

The Board of Caledonian Holdings plc (AIM:CHP), an AIM-quoted investing
company focused on the financial services market, today provides a quarterly
shareholder update for the quarter ended 30 June 2025.

In line with the Company's refreshed strategy to focus on opportunities within
the broader financial services sector, the Board was pleased to complete a new
cash investment of £750,000 into AlbaCo Limited during the quarter. This
represents a meaningful step in rebalancing the portfolio towards businesses
aligned with the Company's revised sector focus. At the same time, the Board
continues to proactively engage with and manage the existing portfolio,
including a number of strategic divestments during the period. The Company
remains actively focused on identifying and building a pipeline of attractive
new investment opportunities within the target sector.

The portfolio investment update follows for information:

 

Key numbers as at 30 June 2025

·   The total value of the Company's assets (including cash) decreased by
£153,000 during the quarter to £2,518,000 (31 March 2025: £2,761,000; 31
December 2024: £2,670,000).

·     The fair value of the investment portfolio (excluding cash) rose
to £2,092,000 (31 March 2025 - £1,774,000).

·   During the quarter, a net profit of £29,000 was realised on
investment disposals, and there was a net unrealised loss of £195,000 on
listed investments.

·     The Company's cash balance as at 30 June 2025 stood at £428,000
(31 March 2025 - £787,000).

·    The subscription element for £273,000 of the Company's total
fundraising of £1,100,000 earlier in the year, first announced in March 2025,
completed in April 2025.

Changes in the investment portfolio during the quarter

The following table sets out the changes in the investment portfolio during
the quarter ended 30 June 2025:

                                Holdings at      Quarter to 30 June 2025                                          Holdings at 30 June 2025

                                31 March 2025
                                Fair value (£)   Sales                    Acquisitions  Unrealised profit (loss)  No. of      % of equity  Fair value (£)

shares
                                                 Proceeds  Profit (loss)
 Shares
 Listed in the UK
 On the main market
 R8 Capital Investments plc     14,000           -         -              -             -                         620,581     < 1          14,000
 On AIM
 Northcoders Group plc          366,000          -         -              -             (212,000)                 307,499     4.3          154,000
 EnSilica plc                   97,000           33,000    (7,000)        -             (4,000)                   141,707     < 1          53,000
 Skillcast Group plc            196,000          235,000   39,000         -             -                         -           < 1          -
 Ethernity plc                  -                          -              -             -                         350,000     < 1          -
 Finseta plc                    62,000           17,000    2,000          -             -                         150,000     < 1          47,000
 On AQSE
 TruSpine Technologies plc      38,000           -         -              -             55,000                    6,000,000   3.9          93,000
 Igraine PLC                    84,000           -         -              -             (18,000)                  23,928,080  27.7         66,000
 Global Connectivity plc        11,000           -         -              -             4,000                     1,200,000   < 1          15,000
                                868,000          285,000   34,000         -             (175,000)                                          442,000
 Listed overseas
 On NASDAQ
 Conduit Pharmaceuticals Inc    6,000            1,000     (5,000)        -             -                         -                        -

 Unlisted
 Community Social               427,000          -         -              -             -                         71,429      < 1          427,000

  Investment Limited

  (formerly WeShop Limited)
 Aeristech Limited              -                -         -              -             -                         145,833     < 1          -
 Tribe Technology Holdings Ltd  23,000           -         -              -             -                         3,125,000   1.3          23,000
 Albaco Limited                 -                -         -              750,000       -                         750,000                  750,000
                                450,000          -         -              750,000       -                                                  1,200,000

 Convertible loan stock
 Igraine PLC                    150,000          -         -              -             -                         -           -            150,000
 Hamak Gold Limited             300,000          -         -              -             -                         -           -            300,000
                                450,000          -         -              -             -                                                  450,000

 Total investments              1,774,000        286,000   29,000         750,000       (175,000)                                          2,092,000
 Cash                           787,000                                                                                                    428,000
 Other Debtors                  200,000                                                                                                    -
 Total assets                   2,671,000                                                                                                  2,518,000

The figures contained within this quarterly investment update are taken from
unaudited management information.

Investments traded on a recognised stock market are valued using the
accounting policies outlined in the notes to the annual financial statements.
Unlisted investments and other financial assets are stated at the values
attributed to them in the audited balance sheet as at 31 March 2024, unless
there has been a transaction since that date which suggests a materially
different valuation.

For further information, please contact:

 Jim McColl, Executive Director               Tel: +44 (0) 7950 389469

 Brent Fitzpatrick, Non-Executive Chairman
 Allenby Capital Limited (Nominated Adviser)  Tel: +44 (0) 20 3328 5656
 Nick Athanas / Piers Shimwell

 Peterhouse Capital Limited (Broker)          Tel: +44 (0) 20 7469 0930

 

 

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