Globe Capital Limited Audited Annual Results for the year to 31 December 2015

 
TIDMGCAP 
 
31 May 2015 
                                                                   KYG394391158 
 
                             Globe Capital Limited 
                      ("Globe Capital" or the "Company") 
 
          Audited Annual Results for the year ended 31 December 2015 
 
Globe Capital Limited (ISDX: GCAP) is pleased to announce its audited annual 
results for year ended 31 December 2015. 
 
Chairman's Statement 
 
I am pleased to report the final audited results for the year ended 31 December 
2015 of Globe Capital Limited ("the Company"). 
 
Financial performance 
 
The turnover for the year was nil (2014: nil) and the loss was GBP129,184 (2014: 
GBP149,111). The loss per share was 0.17 pence (2014: 0.20 pence). In the past 
year, the Directors have kept operational costs at a minimum. 
 
Review of operations 
 
2015 was a transitional year for the Company. The Company has now realigned its 
investment focus towards the retail sector with a particular emphasis on 
menswear. The recent investment in Sterling Craig Ltd is the first stage in the 
Company's future plans. 
 
The Company's shares are traded on the ISDX Growth Market. 
 
Board changes 
 
During the year under review, David Adamson Hirst left the Company. In January 
2016, Wong Xinyan left the Company. I would like to thank them both all for 
their past services to the Company. 
 
Future prospects 
 
After the year end, in January 2016, the Company raised GBP100,500 in new equity. 
The Directors are presently reviewing a number of investment opportunities 
while speaking to new investors. I hope to be able to give further news of 
these developments in the near future. 
 
 
David Barnett 
Chairman 
 
31 May 2016 
 
The directors of Globe Capital Limited accept responsibility for this 
announcement. 
 
For further information: 
 
Globe Capital Limited 
Christopher Neo, Company Secretary 
[phone] 
http://www.globecapitalltd.com/ 
 
ISDX CORPORATE ADVISER: 
Alexander David Securities Limited 
David Scott - Corporate Finance 
James Dewhurst - Institutional Sales 
Telephone: [phone] 
http://www.ad-securities.com 
49 Queen Victoria Street, London EC4N 4SA 
 
 
 
END 
 

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May 31, 2016 07:11 ET (11:11 GMT)