REG - Seed Capital Sltns. - Annual Financial Report

Seed Capital SolutionsAnnouncement

28/10/2024 07:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241028:nRSb7695Ja&default-theme=true

RNS Number : 7695J  Seed Capital Solutions PLC  28 October 2024

 

         28 October 2024
         SEED CAPITAL SOLUTIONS PLC

 

("Seed Capital", "SCSP" or the "Company")

 

Annual Financial Report for financial year ended 30 June 2024

 

Seed Capital Solutions plc (LON: SCSP), a Company formed for the purpose of
acquiring a business or businesses operating in market sectors that can
display strong ESG credentials, is pleased to announce its audited annual
financial results for the financial year ended 30 June 2024.

 

The Company was incorporated on 18 December 2017. At the date of preparation
of these accounts, the Company does not have any current operations /
principal activities, no products are sold or services performed by the
Company, the Company does not operate or compete in any specific market, and
the Company has no subsidiaries. The Company has been formed for the purpose
of acquiring a business or businesses operating in market sectors that display
strong environmental, social and governance ("ESG") credentials, thereby
benefitting from the current trend of superior performance aligned with
increased investor appetite. The Company is not geographically focused on any
one or specific country or region, but rather opportunity focused hence any
potential acquisition opportunities will not be limited by jurisdiction or
geography.

 

The Company has yet to commence any commercial activities, so as a result its
key performance indicators are limited to cash balances and expenses incurred,
measured as loss before taxation as follows in £ (GBP):

 

 
30 June 2024                       30 June 2023

Cash Balances
                                                                518,144
517,279

Loss Before
Taxation
         (262,412)
(174,781)

 

The Board continued to review a number of potential acquisition opportunities
across the sector but none of which met the necessary criteria for selection
as at the end of the year.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

 Seed Capital Solutions plc
 Chairman Damion Greef                                   Tel: +44 (0)1535 647 479

 Website: https://seedcapitalsolutionsplc.com/

 Brand Communications
 Public & Investor Relations                             Tel: +44 (0) 7976 431608
 Alan Green

 

ABOUT SEED CAPITAL SOLUTIONS PLC

 

Seed Capital Solutions Plc (LON: SCSP) has been formed for the purpose of
acquiring a business or businesses operating in market sectors that can
display strong ESG credentials, thereby benefitting from the current trend of
superior performance and increased investor appetite.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FR QKOBQOBDDAKB