Placing of new shares for £7.40 million (before expenses) successfully completed in December 2020. Proposed change of year-end date from 31 July to 31 December; current financial year will now be a 17-month period from 1 August 2020 till 31 December 2021. #INFA

Strong pipeline of contracts across five distinct markets and six service sectors developed and being actively progressed; significant traction built in the cruise & ferry, wind farm fabrication and defence markets. #INFA

Acquisition of the assets of Harland & Wolff (Appledore) in North Devon completed on 25 August 2020; a key strategic shipyard in England with an established pedigree of shipbuilding and fabrication. #INFA

Over 30 vessels welcomed into H&W (Belfast) since commencement of trading in December 2019 and successfully redelivered to the clients on time and on budget; repeat business from key clients such as Stena, P&O, Irish Ferries and Sea Trucks. #INFA

Revenues of over £5m in the six months to 31 January 2021; a 5 fold increase from the annual results of 31 July 2020 and a 10-fold increase from the interim results of 31 January 2020 with momentum continuing to build going into the 2nd half of the current financial year. #INFA