Real Estate
By Josh White
Date: Wednesday 22 Jun 2016
LONDON (ShareCast) - (ShareCast News) - Technology and life sciences investing company Adams released its final results for the year to 31 March on Wednesday, revealing net assets at year-end of €1.1m, up from €0.25m a year earlier.
The AIM-traded firm's loss after tax widened during the year, to €0.23m from €0.03m, although its investments were valued at €0.87m on 31 March, up from €0.17m in 2015.
It spent a total of €1.02m on new investments during the year, compared with €0.07m, with profitable realisations resulting in proceeds of €0.36m during the period, up from €0.08m.
Adams also successfully completed a share placing, resulting in 18,181,818 new ordinary shares being issued and funds of €1.08m being raised.
"The Board remains committed to delivering additional value for our shareholders and will continue to maintain a rigorous and highly selective investment approach with a view to exploiting opportunities as they emerge," commented Adams chairman Michael Bretherton.
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Currency | UK Pounds |
Share Price | 6.50p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 7.50 |
52 Week Low | 3.00 |
Volume | 0 |
Shares Issued | 145.86m |
Market Cap | £9.48m |
RiskGrade | 51 |
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Latest | Previous | |
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Final | Special | |
Ex-Div | n/a | 30-Jan-13 |
Paid | n/a | 15-Feb-13 |
Amount | 0.000¢ | 2.25¢ |
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