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RNS Number : 2750B Nativo Resources Plc 29 September 2025
This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.
29 September 2025
Nativo Resources Plc
("Nativo" or the "Company")
Half Year Report for the Six Months Ended 30 June 2025
Nativo Resources Plc (LON:NTVO), a gold-focused mining company with interests
in Peru, presents its half year report for the six-month period ended 30 June
2025 (the "Period").
Highlights
· Restructured the £1 million Spartan Loan, maturing in 2028, in
January 2025.
· Announced in March 2025 the signing of an option agreement for
the Toma La Mano tailings project ("Toma La Mano").
· Announced in April 2025 the completion of the Morrocota Gold Mine
("Morrocota") acquisition, located in Arequipa province, 3km from the Bonanza
Gold Mine ("Bonanza").
· Secured permits and land for a part-built gold ore processing
plant 45km from Tesoro known as La Patona in April 2025.
· Announced in May 2025 reduced capital requirements and timescales
for La Patona.
· Raised gross total proceeds of c.£544,000 via share issues
during the Period.
· Announced in May 2025 that Christian Yates had transitioned from
Non-Executive to Executive Chairman.
For further information please contact:
Nativo Resources Via Vigo Consulting
Stephen Birrell, Chief Executive Officer nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)
Zeus (Nominated Adviser and Joint Broker)
James Joyce Tel: +44 (0)20 3829 5000
James Bavister
Peterhouse Capital limited (Joint Broker) Tel: +44 (0)20 7469 0930
Duncan Vasey
Lucy Williams
Rose Greensmith
Vigo Consulting (Investor Relations) Tel: +44 (0)20 7390 0234
Ben Simons nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)
Peter Jacob
Anna Sutton
About Nativo Resources Plc
Nativo has interests in gold projects in Peru. The Company's strategy is based
on three core activities: primary gold mining, gold ore processing, and the
recovery of gold from tailings. The Company has already acquired or optioned
several projects for development and has identified additional opportunities
for expansion. Nativo's nearest-term objective is to scale operations on the
Tesoro Gold Concession, focusing on the Bonanza and Morrocota mines. Nativo
intends to allocate portions of free cash flow from mining and processing
activities, and from future fund raises, to Bitcoin purchases and to hold
Bitcoin as a long-term treasury reserve asset.
Follow us on social media:
LinkedIn: https://uk.linkedin.com/company/nativoresources-plc
(https://uk.linkedin.com/company/nativoresources-plc)
X: https://x.com/nativoresources (https://x.com/nativoresources)
Chairman and Chief Executive Officer's Statement
Nativo has now fully repositioned itself as a small-scale gold miner in areas
that offer the opportunity for near term production and cash flow, and the
potential to rapidly build a resource inventory. In line with this strategy,
the Company rebranded as Nativo Resources Plc. Accordingly, Nativo's core
strategy is as follows:
· Achieve early cash flow from formalised artisanal mining in Peru,
initially from the Bonanza and Morrocota mines at the Tesoro Gold Concession
in the Nazca-Ocona gold corridor, Arequipa region of southern Peru.
· Develop a gold ore processing plant, replacing use of third-party
tolling plants, to process ore supplied by artisanal small-scale mining
("ASM") operations on a fixed margin basis in addition to Nativo's own
production.
· Secure and clean tailings deposits known to contain gold and
silver.
· Acquire other ASM gold mines with a short runway to production
and where the level of indicated resource is attractive.
· Establish relationships with local partners who have the
resources and competence to execute.
· Use cash flow from operations to boost production and scale
operations.
New projects will only be considered that are either in production or
pre-production, meaning that they can be brought into production within 12
months with a low initial investment, resulting in early profitability and
with the potential to scale.
Significant milestones achieved over the past six months include the
following:
· Restructured the £1 million Spartan Loan, maturing in 2028, in
January 2025.
· Share consolidation to rationalise the issued share capital and
bring it into line with other listed companies in February 2025.
· Signed up the first tailings deposit of 1.8 million tonnes in
March 2025 at Tomo La Mano in the Ancash region of Peru.
· Acquired the Morrocota gold mine in April 2025, adjacent to the
Bonanza gold mine - increasing gold estimates for both mines to 51,000 ounces.
· Secured permits and land for a part-built gold ore processing
plant 45km from Tesoro known as La Patona in April 2025.
· Announced in May 2025 reduced capital requirements and timescales
for La Patona.
Significant milestones announced after the Period:
· Restructured the €10 million Eurobond in July 2025 to a 0%
coupon convertible loan maturing in 2032, should no conversion take place
beforehand.
· Adopted a Digital Asset Treasury policy in July 2025 whereby free
cash flow from mining and processing activities and the proceeds of any future
fund raises can be allocated to Bitcoin.
· Established a new professional team in Peru in August 2025 to
oversee operations and develop the business.
· Acquired the remaining 50% interest in Boku Resources ("Boku") in
August 2025, thereby taking full control of the Company's portfolio in Peru.
· Raised gross total proceeds of c.£790,000 via share issues after
the Period, including a conditional placing and subscription to raise
£400,000 due to complete on 8 October 2025.
The Board was pleased to welcome Andrew Donovan in September 2024 as an
Independent Non-Executive Director. Martin Hull resigned from the Board in
October 2024 and immediately following his departure, Andrew Donovan also
assumed the position of Chairman of the Audit Committee. In May 2025,
Christian Yates moved from Non-Executive to Executive Chairman, leaving Andrew
Donovan as the sole Independent Director. Zeus Capital Limited continues as
the Nominated Adviser to the Company as well as Joint Corporate Broker with
Peterhouse Capital Limited.
The Board believes that Nativo, with the significant milestones achieved since
the business was repositioned as a small-scale gold miner, is well positioned
in Peru to deliver growth. We thank shareholders for their continued support.
Finally, the Directors draw attention to the Accounting Policy notes regarding
Going Concern and Estimates on page 11.
Christian Yates Stephen Birrell
Chair CEO
29 September 2025
Consolidated Statement of Comprehensive Income for the
Period Ended 30 June 2025
Continuing operations Note Unaudited Unaudited Audited
1 January 2025 to 1 January 2024 to 30 June 2024 Year to
US $
30 June 2025 31 December 2024
US $
US $
Revenue 1 - - 44,000
Cost of sales - - (216,701)
Gross profit - - (172,701)
Distribution costs - - -
Administrative expenses (791,547) (720,625) (1,418,959)
Other losses - - 3,289
Operating loss (791,547) (720,625) (1,588,371)
Finance income 1,011 448,225 433,944
Finance costs (1,279,324) (416,034) (1,092,778)
Net finance income/(cost) 2 (1,278,313) 32,191 (658,834)
Loss before tax (2,069,860) (688,434) (2,247,205)
Taxation 3 - - -
Minority interest adjustment 44,509 - 157,133
Loss for the year from continuing operations (2,025,351) (688,434) (2,090,072)
Profit/(loss) for the year (2,025,351) (688,434) (2,090,072)
Other comprehensive income
Exchange difference on translating foreign operations - - -
Total comprehensive income for the year (2,025,351) (688,434) (2,090,072)
Profit/(loss) attributable to:
Owners of the company (2,025,351) (688,434) (2,090,072)
Profit/(loss) per share (US cents)
Basic 4 (0.01) (0.01) (0.01)
Diluted (0.01) (0.01) (0.01)
Profit/(loss) per share (US cents) for continuing operations
Basic 4 (0.01) (0.01) (0.01)
Diluted (0.01) (0.01) (0.01)
Consolidated Statement of Financial Position as at 30 June 2025
Note Unaudited 1 January 2025 to Unaudited Audited
30 June 2025 1 January 2024 to 30 June 2024 Year to
US $ US $
31 December 2024
US $
Assets
Non-current assets
Property, plant and equipment 5 17,046 1 32,599
Intangible assets 6 207,623 - 36,200
Goodwill - - -
Right of use asset - 27,972 -
224,669 27,973 68,799
Current assets
Trade and other receivables 397,091 84,886 178,996
Equity accounted investments - 361,552 86,738
Cash and cash equivalents 7 195,074 3,353 46,073
592,165 449,791 311,807
Total assets 816,834 477,764 380,606
Equity and liabilities
Equity
Share capital 8 (19,967,619) (19,812,570) (19,868,311)
Share premium 9 (86,846,570) (84,804,095) (86,177,203)
Capital contribution reserve (7,212,492) (7,212,492) (7,212,492)
Foreign currency translation reserve 1,846,481 1,846,481 1,846,481
Warrant reserve (265,736) (532,726) (263,273)
Share option reserve (4,533) (676,294) (3,022)
Non-Controlling Interest 201,642 157,133
Retained earnings 122,564,207 118,804,739 120,536,393
Equity attributable to owners of the company 10,315,380 7,613,043 9,015,706
Non-current liabilities
Loans and borrowings 10 (8,986,932) (7,369,863) (7,609,056)
Current liabilities
Loans and Borrowings (1,231,749) (1,133,337)
Current portion of lease liabilities - (29,668) -
Trade and other payables (913,533) (691,276) (653,919)
(2,145,282) (720,943) (1,787,256)
Total liabilities (11,132,214) (8,090,806) (9,396,312)
Total equity and liabilities (816,834) (477,764) (380,606)
Consolidated Statement of Changes in Equity for the Period Ended 30 June 2025
Share capital Shares to be issued Share premium Capital contribution reserve Foreign currency translation reserve Share option reserve Warrant reserve Retained earnings Total equity
US $
US $
US $
US $
US $
US $
US $
US $ US $
Minority Interest
US $
At 1 January 2025 19,868,311 - 86,177,203 7,212,492 (1,846,481) 3,022 263,273 (120,536,393) (9,015,706)
(157,133)
Loss for the six months - - - - - - - (2,069,860) (2,069,860)
-
Discontinued operations - - - - - - - - - -
Minority interest for Boku - - - - - - - (44,509) 44,509 -
Total comprehensive income - - - - - - - (122,561,744) (11,085,566)
(201,642)
New share capital subscribed 99,308 - 669,367 - - - - - 768,675
-
Options issued - - - - - 1,511 - - - 1,511
Warrants issued - - - - - - 2,463 - (2,463) -
Warrants lapsed - - - - - - - - - -
Share-based payments - - - - - - - - - -
At 30 June 2025 19,967,619 - 86,846,570 7,212,492 (1,846,481) 4,533 265,736 (122,564,207) (10,315,380)
(201,642)
Share capital Shares to be issued Share premium Capital contribution reserve Foreign currency translation reserve Share option reserve Warrant reserve Retained earnings Total equity
US $
US $ US $ US $
US $ US $ US $
US $ US $
At 1 January 2024 19,796,814 - 84,123,447 7,212,492 (1,846,481) 676,294 510,732 (118,094,311) (7,621,013)
Loss for the six months - - - - - - - (688,434) (688,434)
Discontinued operations - - - - - - - - -
Exchange reserve - - - - - - - - -
Total comprehensive income - - - - - - - (688,434) (688,434)
New share capital subscribed 15,756 - 680,648 - - - - - 696,404
Warrants issued - - - - - - 21,994 (21,994) -
Warrants lapsed - - - - - - - - -
Share-based payments - - - - - - - - -
At 30 June 2024 19,812,570 - 84,804,095 7,212,492 (1,846,481) 676,294 532,726 (118,804,739) (7,613,043)
Share capital Shares to be issued Share premium Capital contribution reserve Foreign currency translation reserve Share option reserve Warrant reserve Retained earnings Total equity
US $
US $ US $ US $
US $
US $ US $
US $ US $
Minority
Interest
US $
At 1 January 2024 19,796,814 - 84,123,447 7,212,492 (1,846,481) 676,294 510,732 - (119,370,074) (7,621,013)
Loss for the year - - - - - - - - (2,247,205) (2,247,205)
Discontinued operations - - - - - - - - 9,055,875 9,055,875
Minority Interest for Boku - - - - - - - (157,133) 157,133 -
Total comprehensive income - - - - 1,634,560 - - (157,133) (2,090,072) 2,247,205
New share capital subscribed 71,497 - 2,053,756 - - - - - - 2,125,253
Warrants issued - - - - - - 321,278 (321,278) -
Warrants lapsed - - - - - - (568,737) - 568,737 -
Shares lapsed (676,294) - 676,294 -
Share-based payments - - - - - 3,022 - - -
At 31 December 2024 19,868,311 - 86,177,203 7,212,492 (1,846,481) 3022 263,273 (157,133) (120,536,393) (9,015,706)
Consolidated Statement of Cash Flows for the Period Ended 30 June 2025
Note Unaudited 1 January 2025 to 30 June 2025 Unaudited Audited
US $
1 January 2024 to 30 June 2024 Year to
US $
31 December 2024
US $
Cash flows from operating activities
Profit/(loss) for the year on continued operations (2,025,351) (688,434) (2,247,205)
Adjustments to cash flows from non-cash items
Depreciation and amortisation 735 13,986 16,395
Depreciation and depletion of intangible assets - - -
Impairment 3,810 - -
Loss from sales of tangible assets 14,082 - (3,289)
Fair value losses of current investments - - 208,722
Finance income 2 (1,011) (100,395) (3,025)
Finance costs 2 527,155 347,830 884,056
Exchange differences 2 752,169 (283,072) (401,670)
Share option issued and lapsed (923,753)
Share based payment transactions - - 3,022
Minority interest - - 157,133
Loss on disposal of investments - - -
Total adjustments 1,296,940 (21,651) (62,409)
Decrease/(increase) in inventory - - -
Decrease/(increase) in trade and other receivables (211,229) 9,573 (2,944)
(Decrease)/increase in trade and other payables 255,226 (53,684) (38,255)
Total working capital movement 43,997 (44,111) (41,199)
Net cash flow from operating activities (684,414) (754,196) (2,350,813)
Cash flows from investing activities
Interest received 1,011 9,018 3,025
Acquisitions of property plant and equipment - - -
Proceeds on investment shares 39,311 -
Net cash flows from investing activities 40,322 9,018 3,025
Cash flows from financing activities
Issue of share capital 153,675 81,884 2,125,253
Loans received 639,417 583,520 185,481
Net cash flows from financing activities 793,092 665,404 2,310,734
Net increase/(decrease) in cash and cash equivalents 149,001 (79,774) (37,054)
Cash and cash equivalents at 1 January 46,073 83,127 83,127
Foreign exchange gains/(losses) on cash and cash equivalents - - -
Cash and cash equivalents at period end 195,074 3,353 46,073
1. ACCOUNTING POLICIES
GENERAL INFORMATION
These financial statements are for Nativo Resources Plc and subsidiary
undertakings ("the Group"). The Company is registered, and domiciled, in
England and Wales and incorporated under the Companies Act 2006.
BASIS OF PREPARATION
The condensed and consolidated interim financial statements for the period
from 1 January 2025 to 30 June 2025 have been prepared in accordance with
International Accounting Standards ("IAS") 34 Interim Financial Reporting, and
on the going concern basis. They are in accordance with the accounting
policies set out in the statutory accounts for the year ended 31 December 2024
and are expected to be applied for the year ending 31 December 2025.
The comparatives shown are for the period 1 January 2024 to 30 June 2024, and
for the year ended 31 December 2024, and do not constitute statutory accounts,
as defined in section 435 of the Companies Act 2006, but are based on the
statutory financial statements for the year ended 31 December 2024.
GOING CONCERN
The financial information has been prepared assuming the Group will continue
as a going concern. Under the going concern assumption, an entity is
ordinarily viewed as continuing in business for the foreseeable future with
neither the intention nor the necessity of liquidation, ceasing trading or
seeking protection from creditors pursuant to laws or regulations.
The consolidated statement of financial position at 31 December 2024 showed a
negative net asset position. The Directors have worked hard during and post
the Period to strengthen the Group's balance sheet, including restructuring
the £1 million Spartan Loan in January 2025 and then securing approvals in
July 2025 to restructure the €10 million Eurobond to a 0% coupon convertible
loan maturing in 2032, should no conversion take place beforehand.
The Company has also raised additional funding during and post the Period,
including a conditional placing and subscription to raise £400,000 which is
due to complete on 8 October 2025 and which should last until January 2026.
The Directors continue to hold positive discussions with existing and
potential investors, and should know within the next two weeks about further
funding which should take the Company through to June 2026. They also continue
to engage in negotiations to acquire cash generative opportunities in the
extraction of natural resources which would add to the Company's existing
portfolio of mining interests and which have the potential to deliver
significant growth.
Consequently, the Directors consider the going concern assumption continues to
be appropriate although there remain material uncertainties as to:
1. Successfully raising sufficient funds; and
2. The Company's existing assets and projects becoming sufficiently
cash-positive to fund the business going forward.
ESTIMATES
The preparation of the interim financial information requires management to
make judgements, estimates and assumptions that affect the application of
accounting policies and the reported amounts of assets and liabilities, income
and expense. Actual results may differ from these estimates. In preparing this
condensed interim financial information, the significant judgements made by
management in applying the Group's accounting policies and the key sources of
estimation uncertainty were the same as those applied to consolidated
financial statements for the year ended 31 December 2024. The key source of
uncertainty in estimates that have a significant risk of causing material
adjustment to the carrying amounts of assets and liabilities, within the next
financial year, is the Group's going concern assessment.
REVENUE RECOGNITION
Revenue comprises the invoice value of goods and services supplied by the
Group, net of value added taxes and trade discounts. Revenue is recognised in
the case of gold ore sales when goods are delivered and title has passed to
the customer. This generally occurs when the product is physically
transferred. Gold prices vary from month to month based on seasonal demand
from customer segments and production in the market as a whole.
SEGMENTAL ANALYSIS
The Group has adopted IFRS 8 Operating Segments. Per IFRS 8, operating
segments are regularly reviewed and used by the Board of Directors being the
chief operating decision maker for strategic decision-making and resources
allocation, in order to allocate resources to the segment and assess its
performance.
At the balance sheet date, there are two business segments, the mining
operation, Boku, and the UK head office.
1 Revenue
The analysis of the Group's revenue for the year from continuing operations is
as follows:
Unaudited Unaudited Audited
1 January 2025 to 30 June 2025 1 January 2024 to 30 June 2024 Year to
US $
US $
31 December 2024
US $
Sale of minerals - - 44,000
2 Finance income and costs
Unaudited Unaudited Audited
1 January 2025 to 30 June 2025 1 January 2024 to 30 June 2024 Year to
US $
US $
31 December 2024
US $
Finance income
Other finance income 1,011 - 3,025
Foreign exchange gains - 347.830 401,670
Sale of option - - -
Other operating income - 90,219 29,249
Net foreign exchange gain 1,011 448,255 433,944
Finance costs
Fair value losses - - (208,722)
Foreign exchange losses (752,169) - -
Interest on bank overdrafts and borrowings (27,168) (41,691) -
Interest expense on other financing liabilities (499,987) (374,343) (884,056)
Total finance costs (1,279,324) (416,034) (1,092,778)
Net finance income/(costs) (1,278,313) 32,191 (658,834)
3 Taxation
The parent entity has tax losses available to be carried forward, and further
tax losses are available in certain subsidiaries. With anticipated substantial
lead times for the Group's projects, and the possibility that these may expire
before their use, it is not considered appropriate to anticipate an asset
value for them.
No amounts have been recognised within tax on the results of the
equity-accounted joint ventures.
4 Loss per share
The calculation of basic and diluted loss per share at 30 June 2025 was based
on the loss attributable to ordinary shareholders. The weighted average number
of ordinary shares outstanding during the year ending 31 December 2024 and the
effect of the potentially dilutive ordinary shares to be issued are shown
below.
Unaudited 1 January 2025 to 30 June 2025 Unaudited Audited
US $
1 January 2024 to 30 June 2024 Year to
US $
31 December 2024
US $
Net (loss)/profit for the period (US $) before exchange on translating foreign (1,624,973) (688,434) (2,090,072)
operations
Net (loss)/profit on continuing operations (1,624,973) (688,434) (2,809,753)
Basic weighted average ordinary shares in issue during the period 35,374,897,853 5,646,480,002 35,374,897,853
Diluted weighted average ordinary shares in issue during the period 35,374,897,853 5,646,480,002 35,374,897,853
(Loss)/profit per share (cents)
Basic and diluted (cents) (0.01) (0.01) (0.01)
(Loss)/profit per share on continuing operations (cents)
Basic and diluted (cents) (0.01) (0.01) (0.01)
In accordance with IAS 33 and as the entity is loss making, including
potentially dilutive share options in the calculation would be anti-dilutive.
Deferred shares have been excluded from the calculation of loss per share due
to their nature.
5 Property, plant and equipment
30 June 2025 PPE - Gold Fixtures & Fittings Total
US $
US $
Properties
US $
Cost or valuation
At 1 January 2025 33,814 95,219 129,033
Disposals (14,818) - (14,818)
At 30 June 2025 18,996 95,219 95,219
Depreciation
At 1 January 2025 1,216 95,218 96,434
Charge for year 735 - 735
Disposals - - -
At 30 June 2025 1,951 95,218 97,169
Carrying amount
At 30 June 2025 17,045 1 17,046
30 June 2024 PPE - Gold Properties Fixtures & Fittings Total
US $
US $
US $
Cost or valuation
At 1 January 2024 - 95,219 95,219
Additions - - -
Assets of disposal held for sale - - -
At 30 June 2024 - 95,219 95,219
Depreciation
At 1 January 2024 - 95,218 95,218
Charge for year - - -
Disposals - - -
At 30 June 2024 - 95,218 95,218
Carrying amount
At 30 June 2024 - 1 1
31 December 2024 PPE - Gold Fixtures & Fittings Total
US $
US $
Properties
US $
Cost or valuation
At 1 January 2024 - 95,219 95,219
Additions 33,814 - 33,814
Disposals - - -
At 31 December 2024 33,814 95,219 129,033
Depreciation
At 1 January 2024 - 95,218 95,218
Charge for year 1,216 - 1,216
Disposals - - -
At 31 December 2024 1,216 95,218 96,434
Carrying amount
At 31 December 2024 32,598 1 32,599
6 Intangible assets
30 June 2025 Mining operations Total
US $
US $
At 1 January 2025 36,200 36,200
Additions 171,423 171,423
At 30 June 2025 207,623 207,623
Depreciation
At 1 January 2025 - -
Charge for year - -
Disposals - -
At 30 June 2025 207,623 207,623
At 30 June 2024 36,200 36,200
31 December 2024 Mining operations Total
US $
US $
At 1 January 2024 - -
Additions 36,200 36,200
Disposals - -
At 31 December 2024 33,814 129,033
Depreciation
At 1 January 2024 - -
Charge for year - -
Disposals - -
At 31 December 2024 36,200 36,200
At 31 December 2023 - -
7 Cash and cash equivalents
Unaudited Unaudited Audited
1 January 2025 to 30 June 2025 1 January 2024 to 30 June 2024 Year to
US $
US $
31 December 2024
US $
Cash at bank 195,074 3,353 46,073
195,074 3,353 46,073
8 Share capital
Issued, Called Up and Fully Paid
Unaudited Unaudited Audited
1 January 2025 to 30 June 2025 1 January 2024 to 30 June 2024 Year to
US $
US $
31 December 2024
US $
1 January 19,868,311 19,796,814 19,796,814
Equity shares issued 99,308 15,756 71,497
19,967,619 19,812,570 19,868,311
The holders of the 0.31¢ (0.25p) ordinary shares are entitled to receive
dividends from time to time and are entitled to one vote per share at meetings
of the Company.
9 Share premium account
Share options Unaudited Unaudited Audited
1 January 2025 to 30 June 2025 1 January 2024 to 30 June 2024 Year to
US $
US $
31 December 2024
US $
1 January 86,177,203 84,123,447 84,123,447
Premium arising on issue of equity shares 669,367 680,648 2,053,756
Warrants lapsed - - -
Warrants issued - - -
Transaction costs - - -
31 December 86,846,570 84,804,095 86,177,203
Warrants and options which lapsed, expired or were exercised in the period
have been transferred between the warrant or option reserve and retained
earnings.
10 Loans due in over one year
Unaudited 1 January 2025 to 30 June 2025 Unaudited Audited
US $
1 January 2024 to 30 June 2024 Year to
US $
31 December 2024
US $
Five-year secured bonds 8,986,932 6,235,610 7,609,056
Other loans - 1,134,253 -
Total 8,986,932 7,369,863 7,609,056
31 December 2024 Amortised finance charges Exchange adjustments 30 June 2025
US $ Funds raised US $ Converted US $ US $
US $ into equity
US $
€20 million five-year secured bonds 7,609,056 - 427,949 - 949,927 8,986,932
Other loans
Total 7,609,056 - 427,949 - 949,927 8,986,932
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