Audited Final Results to 30 September 2025 and Notice of Annual General Meeting
31/03/2026 18:03
| Gledhow Investments plc (GDH) Gledhow Investments plc: Audited Final Results to 30 September 2025 and Notice of Annual General Meeting 31-March-2026 / 18:03 GMT/BST Gledhow Investments plc ("Gledhow" or the "Company") AQSE: GDH Audited Final Results to 30 September 2025 Notice of Annual General Meeting IhavethepleasureinpresentingyourCompany’s AnnualReportandFinancialStatementsfortheyearended 30 September 2025. Approximately half the portfolio that was acquired, announced on 21 May and 13 August 2025, has been sold. The portfolio was acquired through a combination of shares and convertible loan notes. The sale has added to the net cash balances of the Company, that as at today’s date stands at approximately £762,035. Whilst this portfolio of investments has been sold on average, at the approximate price paid for the portfolio, subsequently to entering into the deal (May 2025 announcement), the Company benefited by renegotiating the outstanding convertible loan notes from a conversion price of £0.00425 to £0.01, halving the CLNs liability to the Company (August 2025 announcement). WhilsttheCompany’stradingactivityhasreducedwithlowlevelsoffundraisinginthesmallmicrocapUKpublic markets, the directors continue to follow an investment strategy, through investing in small undervalued or fast-growing companies, with the investment objective of achieving long-term capital growth in excess of the FTSE All Share Index. Opportunities in the UK public markets are presenting themselves and the Company is taking some advantage of market volatility. TheCompanyhadcashof£789,062attheyear-end(2024:£150,426).Thepre-taxprofitwas£71,823(2024:pre- tax loss of £422,980). The Company has continued to hold positions in AIM, LSE and Aquis Stock Exchange Growth Market traded companies, including those companies at early stages of development. The Company had one private investment, Eastport Critical Metals Corp, that subsequently listed on the TSXV under ticker EVI. Gledhow invested approximately £95,000. Today the shares are worth approximately £175,493. TheCompanydoesnotrecommendpaymentofadividendfortheyearended30September2025. The Notice of Annual General Meeting (“AGM”) is set out at the back of the annual report and accounts. The AGM Notice is being posted to shareholders and will be held on Wednesday 29 April 2026 at 3.00 pm at the offices of AlbR Capital Ltd, 3rd Floor, 80 Cheapside, London, EC2V 6EE. GRMiller ManagingDirector 31 March2026 The full audited accounts will shortly be available at the Company website athttp://www.gledhowinvestments.com/ The Directors of the Company accept responsibility for the contents of this announcement. For further information please contact: Guy Miller020 7220 9795(Gledhow Investments plc) Auditor conclusionsrelatingtogoingconcern “In auditing the financial statements, we have concluded that the directors’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the directors’ assessment of the company’s ability to continue to adopt the going concern basis of accounting included assessing the directors’ plans for the future, confirming investment and cash balances, together with fixed operating costs for the foreseeable future. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company’s ability to continue as a goingconcernforaperiodofatleasttwelvemonthsfromwhenthefinancialstatementsareauthorisedforissue.” StatementofComprehensiveIncomefortheyearended30September2025
StatementofFinancialPositionasat30September2025
StatementofChangesinEquityfortheyearended30September2025
StatementofCashFlowsfortheyearended30September2025
NoticeisherebygiventhattheAnnualGeneralMeetingofGledhowInvestmentsplc(“theCompany”)willbeheld at3.00pmonWednesday29 April2026attheofficesofAlbR CapitalLimited,3rdFloor,80Cheapside,London, EC2V6EEtoconsiderthefollowingresolutionsofwhichnumbers1to5willbeproposedasordinaryresolutions and numbers 6 and 7 as special resolutions: Toreceivetheannualreportandaccountsfortheyearended30September2025. Tore-electGHMelametasadirectoroftheCompany. Tore-electGRMillerasadirectoroftheCompany. Tore-appointtheauditorsoftheCompanyandtoauthorisethedirectorstofixtheirremuneration. Toconsiderand,ifthoughtfit,passthefollowingresolutionwhichwillbeproposedasanordinaryresolution: Thatthedirectorsbegenerallyandunconditionallyauthorisedundersection551oftheCompaniesAct2006 (theAct) to allot shares in the Company and to grant rights to subscribe for or to convert any security into shares in the Company on and subject to such terms as the directors may determine up to a total nominal amountof£2,500,000,suchauthorityshallexpireattheconclusionofthenextannualgeneralmeetingofthe Company after the date of the passing of this resolution unless renewed, varied or revoked by the Company ingeneralmeeting.Thedirectorsshallbeentitled,underthisauthority,tomakeatanytimepriortotheexpiry of this authority any offer or agreement which would or might require relevant securities to be allotted after the expiry of this authority. Toconsiderand,ifthoughtfit,passthefollowingresolutionsasspecialresolutions: That, subject to the passing of resolution 5 in this notice, the directors be empowered under section 570 of the CompaniesAct 2006 (“theAct”) to allot equity securities (within the meaning of section 560 of theAct) for cash under the authority given by resolution 5 in this notice as if sub-section 561(1) of the Act did not apply to such allotment, provided that this power shall be limited:totheallotmentofequitysecuritiesinconnectionwithanofferofsuchsecuritiestoholdersofordinary shares where the equity securities for which ordinary shares are respectively entitled to subscribe are proportionate (as nearly as may be) to the respective numbers of ordinary shares held by them, but subjecttosuchexclusionsorotherarrangementsasthedirectorsmaydeemnecessaryorexpedient in relation to fractional entitlements or any legal or practical problems under the laws of any overseas territory or the requirements of any regulatory body or stock exchange; and totheallotment(otherwisethanundersub-paragraph(a)above)ofequitysecuritiesforcashuptoatotal nominal value of £2,500,000. andshallexpireonthedateofthenextannualgeneralmeetingoftheCompany,orifearlier,15monthsafter thedateofpassingthisresolution,savethattheCompanymaybeforesuchexpirymakeanofferoragreement whichwouldormightrequireequitysecuritiestobeallottedaftersuchexpiryandtheBoardmayallotequity securities under such offer or agreement as if the power conferred by this resolution had not expired. ThattheCompanybegenerallyandunconditionallyauthorisedtomakemarketpurchaseswithinthemeaning of section 693(4) of Companies Act 2006 (the Act) of its ordinary shares of 1p each in the capital of the Company (“shares”) on such terms and in such manner as the directors may from time to time determine, provided that:themaximumnumberofsharesauthorisedtobepurchasedis16,167,747,beingthenumberrepresenting 15%oftheissuedordinarysharecapitaloftheCompany,excludingordinarysharesheldintreasury,at the date of the meeting; theminimumprice(exclusiveofexpenses)whichmaybepaidpershareis1p(beingthenominalvalue per share) and the maximum price which may be paid per share is an amount equal to 20% higher than theaverageofthemiddlemarketquotationspershareasderivedfromtheAQSEGrowthMarketforthe fifteen business days immediately preceding the day on which the shares are purchased; theauthorityshallexpireattheconclusionofthenextannualgeneralmeetingoftheCompany;and the Company may make a contract to purchase shares under the authority before the expiry of the authority andmaymakeapurchaseofsharesundersuchcontracteventhoughtheauthorityhasended. ByOrderoftheBoardRegisteredOffice: Unit 13, 2ndFloor GHMelametOlympia House Armitage Road SecretaryLondonNW11 8RQ Dated:31 March2026 Notes: Shareholders,theirdulyappointedrepresentativesorproxiesareentitledtoattend,speakandvoteattheAGM.AshareholdercanappointtheChairmanofthemeetingoranyoneelseastheirproxyandtheirproxyneednotbeamemberoftheCompany.Ashareholdermayappointmorethanoneproxy,providedthateach proxy is appointed to exercise the rights attached to different ordinary shares. To appoint more than one proxy, the proxy form should be photocopiedand completed for each proxy holder.The proxy holder’s name should be written on the proxy form together with the number of shares in relation to whichtheproxyisauthorisedtoact.Theboxontheproxyformmustalsobetickedtoindicatethattheproxyinstructionisoneofmultipleinstructionsbeinggiven.All proxy forms must be signed and, to be effective, must be lodged at the registered office of the company, or emailed toinfo@gledhowinvestments.com,not later than 48 hours before the time of the meeting or any adjourned meeting. InaccordancewithRegulation41oftheUncertificatedSecuritiesRegulations2001,onlythosemembersenteredontheCompany’sregisterofmemberson the Company’s register of members at 48 hours (excluding non-business days) before the time appointed for the holding of the meeting shall be entitledto vote in respect of the number of shares registered in their names at that time. If the meeting is adjourned by more than 48 hours, then to be so entitled, ashareholder must be entered on the Company’s Register of Members at the time which is 48 hours (excluding non-business days) before the time appointedfor holding the adjourned meeting or, if the Company gives notice of the adjourned meeting, at the time specified in that notice. Forms of proxy, together with any power of attorney or other authority under which it is executed or a notarially certified copy thereof, must be completedand, to be valid, must reach the Company’s registered office not less than 48 hours (excluding non-business days) before the time appointed for the holdingof the meeting. As at the close of business on 30 March 2026, the Company’s issued share capital comprised 107,784,984 ordinary shares of 1p each.EachordinarysharecarriestherighttoonevoteatageneralmeetingoftheCompany,and therefore the total number of voting rights in the Company as at the time and date given above is 107,784,984. Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. View original content: EQS News |
| ISIN: | GB0008842717 |
| Category Code: | MSCL |
| TIDM: | GDH |
| LEI Code: | 2138004AD4ZRTZQE2V34 |
| Sequence No.: | 422733 |
| EQS News ID: | 2301818 |
| End of Announcement | EQS News Service |