Business
Final Results and Annual Financial Report
Final Results and Annual Financial Report.
About this update from Davictus Plc
[{"type":"text","content":"\n \nRNS Number : 7463W daVictus plc 29 April 2016 \n\n \n \n29 April 2016\nDAVICTUS PLC\n \n \n(\"DAVICTUS\" OR \"THE COMPANY\")\n \nFINAL RESULTS FOR THE PERIOD ENDED 31 DECEMBER 2015\n \n \n \ndaVictus plc, (LSE: DVT) a company recently set up to seek business opportunities in the food and beverage sector in Asia, announces its results for the period ended 31 December 2015.\n \nHighlights for the period:\n \n- Company formed in February 2015\n- Strategic objectives set by the new Board in the second half of 2015\n- Advisers appointed in pursuit of objectives\n- Investors secured for Initial Public Offering (\"IPO\")\n \nPost period-end highlights\n- IPO completed and Company shares admitted to the Official List (by way of a Standard Listing) and to trading on the main market of the London Stock Exchange in January 2016\n \nCommenting on the results, Mr Robert Pincock, Chief Executive of daVictus plc, said:-\n \n\"We are pleased with the progress made since the formation of the Company in 2015. We secured initial investment along with our Standard Listing in London approximately three months ago and have since been busy seeking out and reviewing opportunities in Asia. So far, none of the opportunities reviewed has met all of our criteria. \n \nThe Company intends to acquire one or more businesses (either shares or assets) which operate in or own Australian, European and/or North American food and beverage eatery franchises in South East Asia and/or the Far East and focus initially on investment opportunities in Asian countries, particularly in cities with a population of over 1 million inhabitants. We look forward to reaching our early commercial objectives in the coming months.\n \nThe Company continues to keep administrative costs to a minimum so that the majority of funds can be dedicated to the review of and potentially investment in, suitable projects\".\n \n \nThe financial information set out below does not constitute the Company's statutory accounts for the period ending 31 December 2015. The financial information for 2015 is derived from the statutory accounts for that year. The auditors, Crowe...