("Pacific Global" or the "Company")
Unaudited Half-yearly Results for
the Six Months Ended
President and CEO’s Statement
Like many other public companies, during the reporting period, the Company experienced a subdued environment in the capital markets. In response, the Board continued to review a range of potential investment opportunities, including in
The Board continues to support its investment strategy of investing in sectors shaped by long-term demographic shifts, which include factors such as ageing populations, urbanisation, generational changes in consumer behaviour and the evolving nature of work. These trends are structural rather than cyclical, and we believe they will be central to future demand, innovation, and sustainable growth and include industries such as agritech, driven by consumption changes or global warming, digital transformation which may include artificial intelligence, financial technology or general growth in global connectivity and healthcare. These are not exhaustive and the Board considered the rapid rate of change in
As previously announced, the Company will be working within its existing investing strategy, and the investment approach now centres on two complementary pillars:
1. we are actively pursuing roll-up opportunities in fragmented sectors where the Board considers that consolidation can unlock operational efficiencies, increase market share and build platform value; and
2. we are investing in the digital transformation of traditional industries, where automation, data, and technology remain underutilised, yet are essential drivers of productivity and long-term resilience.
We consider this dual focus will enables us to identify and scale businesses that are both undervalued and structurally sound, where effective management and access to capital can accelerate their growth. Operating within this framework, our deal pipeline has improved in both quality and depth, and we look forward to the next stage of the Company’s development where we will be deploying resources into opportunities aligned with our strategic thesis.
Outlook
The Board looks forward to the coming period with enthusiasm and to updating shareholders with the Company’s developments.
Edgar J. Hernández C.
President and CEO
This announcement contains inside information for the purposes of the
For further information, please contact:
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President and Chief Executive Officer |
+44 (0) 20 7580 7576 |
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Nominated Adviser
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+44 20 7213 0880 |
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Broker Charles Goodfellow |
+44 20 7469 0930 |
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UNAUDITED INCOME STATEMENT AND |
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| STATEMENT OF COMPREHENSIVE INCOME | ||||||
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6 MONTHS ENDED |
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| Notes | Unaudited | Unaudited | Audited | |||
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| £ | £ | £ | ||||
| Continuing operations | ||||||
| Investment Income | - | 527 | 628 | |||
| Total Income | - | 527 | 628 | |||
| Administration expenses | (44,043) | (59,554) | (201,389) | |||
| Foreign currency exchange gain/ loss | - | (3,406) | (257,614) | |||
| Operating loss and loss before taxation | (44,043) | (62,433) | (458,375) | |||
| Taxation | - | - | - | |||
| Loss for the period | (44,043) | (62,433) | (458,375) | |||
| Total Comprehensive loss for the period | (44,043) | (62,433) | (458,375) | |||
| Earnings per share: | ||||||
| Basic and diluted loss per share | 3 | (0.006) | (0.096) | (0.0579) | ||
There are no items of other comprehensive income.
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UNAUDITED STATEMENT OF FINANCIAL POSITION |
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AS AT |
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| Unaudited | Unaudited | Audited | ||
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| £ | £ | £ | ||
| Current assets | ||||
| Investments held for trading | 990,676 | 1,244,884 | 990,676 | |
| Trade and Other receivables | 5,500 | - | 5,250 | |
| Cash | 20,936 | 25,377 | 12,860 | |
| 1,017,112 | 1,270,261 | 1,008,786 | ||
| Total Assets | 1,017,112 | 1,270,261 | 1,008,786 | |
| Current Liabilities | ||||
| Trade and other payables | (228,445) | (191,609) | (176,076) | |
| Net Assets | 788,667 | 1,078,652 | 832,710 | |
| Equity | ||||
| Issued Share Capital | 792,143 | 685,000 | 792,143 | |
| Share Premium | 2,514,387 | 2,471,530 | 2,514,387 | |
| Retained Earnings | (2,517,863) | (2,077,878) | (2,473,820) | |
| Total Equity | 788,667 | 1,078,652 | 832,710 |
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UNAUDITED CASH FLOW STATEMENT FOR THE |
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6 MONTHS ENDED |
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| Unaudited | Unaudited | Audited | |
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| 2025 | 2024 | 2025 | |
| £ | £ | £ | |
| Cash flows from operating activities | |||
| (Loss) for the year before tax | (44,043) | (62,433) | (458,376) |
| Foreign Currency exchange gain/ loss | - | 3,406 | - |
| Fair Value revaluation of Investment | - | - | 257,614 |
| Operating Loss before working capital changes | (44,043) | (59,027) | (200,762) |
| Decrease/ (increase) in receivables | (250) | 5,750 | 500 |
| (Decrease)/ increase in payables | 52,369 | 4,134 | (11,398) |
| Net cash outflow from investing activities | 8,076 | (49,143) | (211,660) |
| Cashflows from financing activities Share issue | - | - | 107,143 |
| Share premium issue | - | - | 42,857 |
| Net cashflows from financing activities | - | - | 150,000 |
| Net decrease in cash and cash equivalents during the year | 8,076 | (49,143) | (61,660) |
| Cash at the beginning of year | 12,860 | 74,520 | 74,520 |
| Cash and cash equivalents at the end of the year | 20,936 | 25,377 | 12,860 |
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UNAUDITED STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY |
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FOR THE PERIOD ENDED |
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| Share capital | Share premium | Retained earnings | Total | ||||
| £ | £ | £ | £ | ||||
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Audited Changes in Equity for the period ended
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685,000 | 2,471,530 | (2,015,445) | 1,141,085 | |||
| Comprehensive loss for the period | - | - | (458,376) | (458,376) | |||
| Share Issues | 107,143 | 42,857 | 150,000 | ||||
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Audited Changes in Equity for the period ended
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792,143 | 2,514,387 | (2,473,820) | 832,710 | |||
| Comprehensive loss for the period | - | - | (44,043) | (44,043) | |||
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Audited Changes in Equity for the period ended
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792,143 | 2,514,387 | (2,517,863) | 788,667 | |||
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 6 MONTHS ENDED
1. General Information
The principal activity of the Company is that of an investing company pursuing a strategy that focuses on making investments in and assisting companies which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Pacific Global invests in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth linked to demographic change.
2. Accounting policies
The principal accounting policies have all been applied consistently throughout the period covered and have not changed since being reported on in the financial statements for the year ended
Basis of preparation
The interim financial information set out above does not constitute statutory accounts within the meaning of the Companies Act 2006. It has been prepared on a going concern basis in accordance with the recognition and measurement criteria of International Financial Reporting Standards (IFRS) as adopted by the
The financial statements have been prepared under the historical cost convention.
The interim financial information for the six months ended
3. Loss per share
The basic earnings per share is calculated by dividing the earnings attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period. Diluted earnings per share is computed using the same weighted average number of shares during the period adjusted for the dilutive effect of share warrants and convertible loans
outstanding during the period.
| Unaudited | Unaudited | Audited | |
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| Loss from continuing operations attributable to equity holders of the company | (62,433) | (62,433) | (458,376) |
| Weighted average number of ordinary shares in issue | 792,214,286 | 65,000,000 | 792,214,286 |
| Pence | Pence | Pence | |
| Basic and fully diluted loss per share from continuing operations (Pence) | (0.006) | (0.096) | (0.0579) |
4. Copies of the half-yearly report
Copies of the interim results are available at the Group´s website at: www.pacificglobalholdingsplc.com .
Note:
Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections about its industry; its beliefs; and assumptions. Words such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar expressions are intended to identify forward-looking statements. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company's control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. The Company cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements, which reflect the view of the Company only as of the date of this announcement. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Company will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.