REG - Plexus Holdings Plc - Preliminary Results <Origin Href="QuoteRef">PLEX.L</Origin> - Part 3

Plexus HoldingsAnnouncement

31/10/2016 07:06

- Part 3: For the preceding part double click  ID:nRSe8054Nb 

-               -                        2,140           (2,140)                        -                   -           
 Disposals            -               -                        (533)           -                              (7)                 (540)       
                                                                                                                                              
 As at 30 June 2015   4,379           432                      28,544          174                            48                  33,577      
 Additions            -               168                      588             1,200                          -                   1,956       
 Transfers            -               -                        1,316           (1,316)                        -                   -           
 Disposals            -               -                        (318)           -                              (14)                (332)       
                                                                                                                                              
 As at 30 June 2016   4,379           600                      30,130          58                             34                  35,201      
                                                                                                                                              
 Depreciation                                                                                                                                 
 As at 30 June 2014   405             126                      13,257          -                              29                  13,817      
 Charge for the year  153             56                       2,854           -                              7                   3,070       
 On disposals         -               -                        (461)           -                              (3)                 (464)       
                                                                                                                                              
 As at 30 June 2015   558             182                      15,650          -                              33                  16,423      
 Charge for the year  250             68                       3,164           -                              6                   3,488       
 On disposals         -               -                        (263)           -                              (14)                (277)       
                                                                                                                                              
 As at 30 June 2016   808             250                      18,551          -                              25                  19,634      
                                                                                                                                              
 Net Book Value                                                                                                                               
 As at 30 June 2016   3,571           350                      11,579          58                             9                   15,567      
                                                                                                                                              
 As at 30 June 2015   3,821           250                      12,894          174                            15                  17,154      
 
 
8.      Share Capital 
 
                                                                     2016£'000  2015£'000  
 Authorised:                                                                               
 Equity: 110,000,000 (2015: 110,000,000) Ordinary shares of 1p each  1,100      1,100      
 Allotted, called up and fully paid:                                                       
 Equity: 105,386,239 (2015: 84,902,196) Ordinary shares of 1p each   1,054      849        
 
 
 Share issues during the year:  Number ofshares  Sharecapital£'000  Sharepremium£'000  Total£'000  
 At 30 June 2015                84,902,196       849                20,141             20,990      
 On 7 July 2015                 4,468,537        45                 7,893              7,938       
 On 9 December 2015             19,843           -                  10                 10          
 On 25 April 2016               6,764,893        68                 3,250              3,318       
 On 29 June 2016                9,230,770        92                 5,599              5,691       
 At 30 June 2016                105,386,239      1,054              36,893             37,947      
 
 
During the period the Group issued new shares as a result of the following
transactions: 
 
                       Number ofshares  Price pershare  Aggregatenominal value£  Totalaggregatevalue£  
 On 7 July 2015                                                                                        
 - Share subscription  4,468,537        180p            44,685                   8,043,367             
 9 December 2015                                                                                       
 - Share options       10,096           41p             101                      4,139                 
 - Share options       9,747            60p             97                       5,848                 
 25 April 2016                                                                                         
 - Share subscription  6,764,893        52.05p          67,648                   3,521,127             
 29 June 2016                                                                                          
 - Share placing       9,230,770        65p             92,307                   6,000,000             
 
 
The excess net proceeds have been credited to the share premium account. 
 
9.      Reconciliation of net cash flow to movement in net cash/(debt) 
 
                                          2016£'000  2015£'000  
 Increase/(decrease) in cash in the year  12,835     (3,025)    
 Cash inflow from increase in net debt    -          (2,275)    
 Movement in net cash/(debt) in year      12,835     (5,300)    
 Net (debt)/cash at start of year         (2,947)    2,353      
 Net cash/(debt) at end of year           9,888      (2,947)    
 
 
10.    Analysis of net cash/(debt) 
 
                           At beginningof year£'000  Cash flow£'000  At endof year£'000  
 Cash in hand and at bank  3,328                     12,535          15,863              
 Bank loans                (6,275)                   300             (5,975)             
 Total                     (2,947)                   12,835          9,888               
 
 
The financial information above does not constitute the Company's statutory
accounts for the year ended 30 June 2016 but is derived from those
statements. 
 
The statutory financial statements and this preliminary statement for the year
ended 30 June 2016 were approved by the Board on 28 October 2016. On the same
date the company's auditors, Crowe Clark Whitehill LLP issued an unqualified
report on those financial statements. The audit report did not include
reference to any matters to which the auditor drew attention by way of
emphasis without qualifying the report or contain a statement under section
498(2) or (3) of the Companies Act 2006. The financial information for the
year ended 30 June 2016 is derived from the statutory accounts for that year
which have been delivered to the Registrar of Companies. The auditors reported
on those accounts; their report was unqualified and did not draw attention to
any matters be way of emphasis and not contain a statement under s498(2) or
(3) of the Companies Act 2006 or equivalent preceding legislation. The
Company's financial statements have been prepared in accordance with
International Financial Reporting Standards, as adopted by the EU. A copy of
the statutory accounts will be delivered to the Registrar of Companies in due
course. 
 
The Annual Report will be circulated to all shareholders and thereafter,
copies will be available from the registered office of the company, 42-50
Hersham Road, Walton-on-Thames, Surrey, KT12 1RZ. 
 
This information is provided by RNS
The company news service from the London Stock Exchange