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The investment company reported a 55% increase in H1 profit to £0.45 million, but announced plans to delist from AIM and pursue a realisation strategy, aiming to return capital to shareholders amid challenging small-cap market conditions.
The small-cap investment company announces plans to cancel its AIM listing and pursue an orderly realisation of investments, returning capital to shareholders.
Diversified investment company Adams Plc reports narrower losses, but cautious on outlook amid geopolitical risks.
Richard Griffiths has increased his stake in Adams PLC to 94.05%
Adams PLC generated a net profit of £0.29 million in the first half of 2023, driven by investment profit return and equity investments.
Adams PLC has notified major holdings, with Richard Griffiths and family holding 87.42% of voting rights.