GlobalCapital plc – Interim Financial Statements for six months ended 30 June 2009

August 28, 2009

GlobalCapital plc announced that at a meeting held on August 27, 2009, the Board of Directors approved the Interim Financial Statements for the six months ended June 30, 2009.

The Group registered a Loss before tax of EUR 2.39 million for the first six months of 2009, a decline of 51.75% from last year’s Loss before tax of EUR 4.96 million. The Group stated that “the severe downturn in global major economies and the financial services industry has continued to negatively impact GlobalCapital during the first six months of 2009. The Group’s portfolio of investment securities was further negatively impacted by the continued stockmarket downturn during the first quarter of the year. However, an improvement in the performance of the Group’s investment portfolio was registered in the second quarter.” Loss per share for the period decreased from EUR 0.331 to 0.173.

To view the Interim Financial Statements, Click Here.