This announcement contains inside information for the purposes of the UK Market Abuse Regulations ('UK MAR'). Upon publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain.
30 September 2026
Mollyroe plc
("Mollyroe" or the "Company")
Unaudited Interim Results for the six months ended 30 June 2026
Chairman’s Statement
Mollyroe’s investment strategy has been focused on opportunities delivering value accretion from the highest-quality AI business opportunities, with the potential to change industries and create enduring value.
In pursuit of that strategy, the Company identified Cascade Holding Limited (“Cascade”) as an exciting prospect, which met the Company’s investment criteria and was potentially transformational to the market in which it operates. Since September 2025, Mollyroe has invested in Cascade via multiple subscriptions for Convertible Loan Notes, providing Cascade with funding of £725,000 in aggregate, including £575,000 in the period under review.
Darren Hopkins, Simon Windsor and I, joined the Board of Mollyroe during the six month period. Darren and Simon also serve on the Board of Cascade, which deepened the relationship between Cascade and Mollyroe and provided Mollyroe’s shareholders with direct access to Cascade’s development and progress.
In light of that progress, it was agreed that Mollyroe would consolidate its investment in Cascade and provide Cascade with the stability and visibility of being part of a listed company, by acquiring the entire issued share capital of Cascade.
Accordingly, on 15 September 2026, the Company announced, amongst other things, that it had entered into a share purchase agreement relating to the proposed acquisition of the entire issued share capital of Cascade.
The proposed acquisition is subject to shareholders’ approval at a General Meeting of the Company being held on 9 October 2026, and we look forward to updating shareholders in due course.
Dominic Wheatley
Chairman
For further information, please contact:
Mollyroe plc
Darren Hopkins, Chief Executive Officer
+44 (0) 7595 641 591
Cairn Financial Advisers LLP - Aquis Corporate Adviser
Mark Anwyl
Ed Downes
+44 (0) 20 7213 0880
Fortified Securities – Lead Broker
Guy Wheatley
Guy.Wheatley@Fortifiedsecurities.com
Yellow Jersey PR
Charles Goodwin
Annabelle Wills
+44 (0) 20 3004 9512
The interim financial statements for the 6 months ended 30 June 2026 have not been reviewed or audited by the Company’s Auditor
Consolidated Statement of Comprehensive Income
for the period from 1st January 2026 to 30th June 2026
|
Interim 30 Jun 26 (Unaudited) |
Interim 20 Jun 2025 (Unaudited) |
Year ended 31 Dec 25 (Audited) |
||
|
£ |
£ |
£ |
||
|
Turnover |
- |
- |
- |
|
|
Gross profit |
- |
- |
- |
|
|
Administrative expenses |
(26,209) |
(77,499) |
(150,279) |
|
|
Operating loss |
(26,209) |
(77,499) |
(150,279) |
|
|
Interest receivable |
47,466 |
1,584 |
13,394 |
|
|
Loss on ordinary activities before taxation |
21,257 |
(75,915) |
(136,885) |
|
|
Taxation |
- |
- |
- |
|
|
Profit / (Loss) on ordinary activities after taxation |
21,257 |
(75,915) |
(136,885) |
|
|
Earnings per share |
*0.02 |
(0.19) |
(0.34) |
|
|
Average number of ordinary shares in issue |
224,275,480 |
40,275,480 |
40,275,480 |
|
|
* Earnings per share for Interim 30 Jun 26 is a weighted average for the period |
||||
Consolidated Statement of Financial Position at 30th June 2026
|
Interim 30 Jun 26 (Unaudited) |
Interim 20 Jun 2025 (Unaudited) |
Year ended 31 Dec 25 (Audited) |
|
|
£ |
£ |
£ |
|
|
Fixed assets |
|||
|
Tangible assets |
- |
- |
- |
|
Current assets |
|||
|
Debtors |
781,705 |
7,699 |
164,749 |
|
Cash at bank and in hand |
124,031 |
286,900 |
113,441 |
|
905,737 |
294,599 |
278,190 |
|
|
Creditors: amounts falling due within one year |
(214,942) |
(194,144) |
(238,702) |
|
Net current assets |
690,795 |
100,455 |
39,488 |
|
________ |
|||
|
Total assets less current liabilities |
690,795 |
100,455 |
39,488 |
|
Creditors: amounts falling due after more than one year |
- |
- |
- |
|
690,795 |
100,455 |
39,488 |
|
|
Capital and reserves |
|||
|
Called up share capital |
437,347 |
418,946 |
418,946 |
|
Share premium |
626,237 |
14,638 |
14,638 |
|
Profit and loss account |
(372,789) |
(333,129) |
(394,046) |
|
Shareholders’ funds |
690,795 |
100,455 |
39,488 |