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· Successfully raised £7.40 million in December 2020 / January 2021 · Significant uptick in revenue generation since September 2020; current monthly revenue generation equivalent to FY 2020 revenues · Cash break-even position achieved and maintained within the cruise and ferry business · Progress being made on large contract fabrication for renewables and defence; pre-qualification achieved and contract negotiations being undertaken 2020 was a challenging year for the Group. When we acquired Harland & Wolff (Belfast) in December 2019, we did not expect a global pandemic to hit us and disrupt our lives so dramatically. Despite that, we have remained focussed and committed to growing our business. Our yards have been open throughout this period and we have had the privilege of welcoming over 30 vessels as at the date of this report and successfully re-delivering them back to our clients.