11th Dec 2015 13:46
LONDON (Alliance News) - Vertu Capital Ltd, which was established to acquire a business in the financial services sector, on Friday said it made a net loss GBP210,648 in the period to June 30 from September 12, 2014.
The company had GBP811,244 in cash at the bank on June 30.
"Funds raised are being actively used by the company to deliver its acquisition strategy," Vertu Capital said in a statement.
The company has raised GBP1.0 million net of the costs of issuing shares, primarily through a placing at the time listing on the London Stock Exchange in January when it raised GBP800,000.
Shares in Vertu were untraded on Friday, having last traded at 1.07p.
By Samuel Agini; [email protected]; @samuelagini
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