LONDON (Alliance News) - Hertsford Capital PLC on Friday reported a loss in the first half of its current financial year as it explores new investment opportunities.
The company floated on London's Main Market at the end of November last year after raising GBP3.0 million. Hertsford was created to acquire a company or business in the technology sector.
In the period from June 22 to the end of 2018, the company reported a pretax loss of GBP18,101 and did not generate any revenue. Assets at period end were over GBP2.8 million.
As the directors draw no salary, the ongoing costs are only minor administrative and listing expenses, Hertsford explained.
"We continue to consider a number of investment opportunities and will update the market with developments when appropriate," said Chair Harry Hyman.
Hertsford shares were trading 2.4% lower on Friday at 10.25 pence each.