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Investegate |Adams PLC Announcements | Adams PLC: Final Results



Net assets per share 6.24 pence at 31 March 2021 (2020: 2.50 pence).

Profit after tax of £3.09 million (2020: loss £0.30 million).

Investments at 31 March 2021 valued at £5.11 million (2020: £1.18 million).

Spend on new investments of
£1.90 million
(2020:
£1.38
million).
 

Investment realisation proceeds of £1.21 million (2020: £2.03 million).

Cash at 31 March 2021 of £0.05 million (2020: £0.90 million).

Post year end
raised gross cash proceeds of £4.11 million under a placing and open offer in April 2021.

No part of the £3.00 million shareholder loan facility drawn down to date.
 
 
Whilst the arrival of a number of Covid-19 vaccines and the associated roll-out of the global vac ....

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Investegate |Adams PLC Announcements | Adams PLC: Investment in Seeing Machines Limited


Investment in Seeing Machines Limited ( Seeing Machines )
The Directors announce that, on 6 May 2021, Adams purchased 8 million ordinary shares of no par value in Seeing Machines on the AIM market of the London Stock Exchange at an average price of 11.35 pence per share for a total cash consideration of £908,000.
The Company s holding of 8,000,000 ordinary sharesin Seeing Machines represents 0.21% of the currently issued ordinary share capital of Seeing Machines of 3,805,617,804 shares. Following this investment, the Company will have cash balances of approximately £3.19 million.
About Seeing Machines
Seeing Machines is an industry leader in advanced computer vision technologies and designs AI-powered Operator Monitoring Systems to improve transport safety in automotive, commercial fleet, aviation, rail and off-road markets. The company has pioneered such technology through algorithm development, extensive behavioural research and d ....

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